Finance

Finance

Exchange traded funds means

Exchange traded funds, or ETFs, are a type of investment fund that owns a basket of assets, such as stocks, bonds, or commodities, and trades on an exchange like a stock. ETFs are similar to mutual funds in that they provide diversification and professional management, but they differ in a few key ways. One key difference is that ETFs are …

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The Lowdown on the Metaverse and Potential Security Threats

The term “metaverse” is credited to author Neal Stephenson who used it in a cyberpunk novel in the 1990s. In the book, the metaverse is an immersive virtual reality (VR) world where people can lead parallel lives. Today, the metaverse is so far just a disjointed connection of VR worlds used by gamers more than anyone else. It’s essential to …

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The Industry Handbook: Software Industry

Software differs from hardware as the set of rules that allow services to run on the physical device. The software industry actually represents only a small part of the overall computer programming activity that takes place, in terms of software exchanged between software producers and software consumers. Many software created internally for very specific uses are never sold outside the …

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Qualcomm Has Lots to Lose in a U.S.-China Trade War

As President Donald Trump escalated the trade war with China with tariffs imposed on Chinese goods, investors were betting on which companies were most at risk. Some have turned to semiconductor producers, such as Qualcomm Inc. (QCOM), a mobile chipmaker that does much of its business in China. Qualcomm’s products are essential infrastructure components of 5G technology, the future of …

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Credit Card Debt Continues Its Pandemic Plunge

Credit card debt continued to fall in the United States, falling to $978.8 billion in November, the Federal Reserve reports.The latest numbers are part of a steady decline since the coronavirus pandemic began in March. Credit card debt had reached an all-time high in February 2020, reaching $1.0943 trillion. Key points to remember Credit card debt in the United States …

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Examining the Health of the Stock Market with Dr. Ed Yardeni

U.S. stocks found their footing last week, finishing up a July to remember. The Dow popped nearly 3% while the S&P added 4.3% last week and the Nasdaq Composite rose 4.7% for the month. For the month, the S&P 500 rallied 9.1% while the Nasdaq popped in a 12.3% gain, recording one of the strongest months in the index’s history. …

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General Motors (GM) Breaks Out to All-Time High

Shares of General Motors Company (GM) hit a record high on Tuesday, mounting a tough 2017 resistance in the mid-$40s. Unusually strong buying pressure took accumulation readings to new highs at the same time, paving the way for impressive returns in 2021. The old-school automaker has Tesla, Inc. (TSLA) and d ‘other electric vehicles (EVs) for the rise, forcing innovation …

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Brazil ETFs Poised to Move Higher in 2021

Come on, Brasília! That’s JPMorgan’s view on Brazilian stocks in 2021. The investment bank expects the country’s main stock market indicator, the Ibovespa, to hit a year-end high of 134,000. amid continued transition from tech names to cyclical plays in financial and commodity materials. sectors as global economic activity recovers. “We expect a return to growth and a slight weakening …

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Laurel Road Student Loans

Laurel Student Loan Rates and Terms Variable rates 2.75% to 6.55% Fixed rates 4.24% to 6.65% Loan amounts Up to the total cost of participation Loan conditions Five, seven, 10, 15 and 20 years old (Lowest rates include a 0.25% autopay discount.) Loan Eligibility Laurel Road only offers student loans to graduate and professional students in certain disciplines: Dentistry (DO/DDS/DMD) …

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Robinhood lands steep 60% discount on $170M exchange acquisition: Report

Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April. However, according to various reports online around Thursday, the company revised its offer to $72.5 million after citing adverse market conditions. Ziglu CEO Mark Hipperson …

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