Sunday, May 19, 2024
Home > Stocks (Page 36)

Zoom Stock’s Surge Is Bad News for the Economy — Here’s Why

While the S&P 500 is still down about 6% year-to-date, Zoom’s shares have tripled in value. Zoom’s popularity has exploded due to shelter-in-place orders. Zoom keeps soaring despite investors being optimistic about the economy. Zoom Video Communications’ (NASDAQ:ZM) stock price was on an uptrend before the pandemic started. But the outbreak pushed shares

Read More

Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments

Bitcoin declined for the first time in three days as traders in digital-asset markets and more traditional stocks considered the implications of U.S. President Donald Trump’s latest broadsides against China on the coronavirus and Hong Kong.  Bitcoin (BTC) was changing hands around $9,400 as of 20:00 UTC (4 p.m. ET), slipping

Read More