Senior bankers will now be able to take as many vacation days as they need, Goldman Sachs (GS) said in a memo to staff that was shared with CNN Business. And starting next year, all staff “will be expected to take a minimum of 15 days” away from work each year. Bankers who haven’t yet…
Tag: investing
Apple Loses A Major Title
Manzana (AAPL) – Get Apple Inc. Report just lost a coveted title. The iPhone maker snagged that crown in 2020 on financial performance that made investors dizzy on strong sales of its hardware — iPhone, Mac, Apple Watch — and a surge in services. These revenues have continued to rise thanks to the Covid-19 pandemic…
George Soros Backs Bet on Rivian as Ford Delivers Bad News
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared some of the many doubts hanging over its short-term future. The Irvine, Calif.-based company confirmed its production target of 25,000 vehicles in…
Gold price in 5 years: $1,300 or $4,000?
(Kitco News) A massive selloff in US stocks, extreme panic in the crypto space, and the worst week for gold in almost a year are just a few headlines that describe the volatility seen all across the board. Here’s a look at Kitco’s top three stories of the week: …
‘No where to hide?’ Why stagflation fears put stocks on verge of a bear market
It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an…
Molson Coors CEO says company’s supply is well-hedged against inflation
> Molson Coors CEO says company’s supply is well-hedged against inflation – YouTube新功能 .
Twitter CEO Parag Agrawal Throws Elon Musk Some Shade
Embattled Twitter (TWTR) – Get Twitter, Inc. Report CEO Parag Agrawal threw some shade at Elon Musk in a series of tweets Friday. Musk and Twitter’s board of directors reached agreement on a $44 billion takeover of the micro-blogging service last month. The Tesla CEO undertook not to offer disparaging comments about Twitter while the…
Fitch Ratings’ Michael Rinaldi discusses Disney’s muni debt
> Fitch Ratings’ Michael Rinaldi discusses Disney’s muni debt – YouTube新功能 .
Why did crypto crash? Mark Cuban compares crypto ‘lull’ to the early internet
Mark Cuban, billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, thinks that cryptocurrency is on the same downward trend that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low on Monday, and sales of non-fungible tokens, aka NFTs, plummeted between January and March 2022. See also: Coinbase CEO says…
Cramer’s game plan for the trading week of May 16
> Cramer’s game plan for the trading week of May 16 – YouTube新功能 .