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Why Red Robin Gourmet Burgers Jumped 18.4% in September

6 years 1 month ago
What happened Shares of Red Robin Gourmet Burgers (NASDAQ: RRGB) rose 18.4% in September, according to data from S&P Global Market Intelligence, after telling investors early in the month its business was improving as comparable sales improved ever so slightly as the weeks p

5 Moves to Ensure You're a Retirement Multi-Millionaire

6 years 1 month ago
There's a more foolproof way to become a multi-millionaire than playing the lottery or trying to found a huge corporation. It starts with something you probably already have -- a retirement account. But just owning one and contributing some of each paycheck isn't enough. You nee

Why Tesla Stock Fell 13.9% in September

6 years 1 month ago
What happened Shares of Tesla (NASDAQ: TSLA) slumped 13.9% in September, according to data from S&P Global Market Intelligence. The electric vehicle (EV) company is one of the most hotly contested stocks on the market, but so far bulls have been clear winners -- with the sto

Why Snap Gained 15.6% in September

6 years 1 month ago
What happened Shares of Snap (NYSE: SNAP) gained 15.6% in September, according to data from S&P Global Market Intelligence. The social media platform was a winner during an otherwise tough month for tech stocks, as a potential ban on rival Chinese social media platform Tik-

Bitcoin Volatility Hits 23-Month Low as the Cryptocurrency Shrugs Off BitMEX, Trump’s Illness

6 years 1 month ago

Bitcoin’s 180-day volatility dropped to its lowest mark since November 2018, reaching a 23-month low of 0.028 on Sunday, as the market was mostly unfazed by a week of unsettling news.

  • Bitcoin (BTC) started to stumble through Thursday and Friday after the U.S. Commodities and Futures Trading Commission and Department of Justice leveled charges against BitMEX’s founders and President Donald Trump tested positive for COVID-19.
  • But both news items resulted in a less-than-five-percent drop for the leading cryptocurrency, continuing a period of uncharacteristic calm in a frequently volatile and fickle market. 
  • According to data from Coin Metrics, bitcoin volatility has dropped 43% in the past 30 days.
  • Many traders have stayed bearish through the weekend as indicated by perpetual futures funding rates on leading derivative exchanges OKEx, BitMEX, and Huobi.
  • Funding rates on all three exchanges turned decidely negative Friday as traders took on an increasing amount of short positions, according to data from Skew, with negative rates continuing through the weekend.
  • As the market digests a lot of news all at once over a quiet weekend, some buyers moved to start reversing earlier declines, pushing BTC above $10,640 early Sunday morning, up 2.5% from last week’s low of $10,375.
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Why BigCommerce Holdings Plunged 29.3% in September

6 years 1 month ago
What happened Shares of BigCommerce Holdings (NASDAQ: BIGC) fell 29.3% during the month of September, according to data from S&P Global Market Intelligence. The e-commerce software platform had a number of factors going against it during the month. Most notably, BigCommerce

The PBGC’s Inconvenient Surplus

6 years 1 month ago

By Mike Clark, Consulting Actuary, the Principal Financial Group You can forgive sponsors of single-employer defined benefit (DB) plans if they mistakenly think the Pension Benefit Guaranty Corporation (PBGC) insurance program is in financial distress.  Premium levels have quintupled since the passage of the Pension Protection Act in 2006 after all, which may give those paying the [...] Read more at ETFtrends.com.

Why Alphabet Stock Fell 10.1% in September

6 years 1 month ago
What happened Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) fell 10.1% in September, according to data from S&P Global Market Intelligence. The search giant and tech conglomerate was caught up in the general technology sector sell-off following a blockbuster August. How

3 Top Infrastructure Stocks to Buy in October

6 years 1 month ago
One of the biggest obstacles hindering the global economy's transition to renewable energy is inadequate electric transmission capacity. Not only is the current electrical grid aging and in need of an upgrade, but the electric utility industry needs to build new infrastruc

Costco Breaks Down an Impressive Q4

6 years 1 month ago
Costco (NASDAQ: COST) recently gave investors a few reasons to feel optimistic about its business heading into the new fiscal year. Sure, sales trends are slowing from their pandemic peaks in late spring. But the warehouse giant is having no trouble keeping members engaged, both

Worried About Another Market Crash? Buy These Stocks.

6 years 1 month ago
Stocks have rocketed higher recently, erasing most of the massive losses seen during the coronavirus market crash earlier this year. In fact, the S&P 500 is actually up about 5% year to date. While this bull market resurgence has been good for investors' portfolios, there's

Veolia Says Not To Launch Hostile Bid For Suez

6 years 1 month ago
(RTTNews) - Veolia group said Sunday that it has unconditionally committed not to launch a hostile takeover bid following the sale of the shares held by Engie in Suez. Any takeover bid on Suez's remaining capital will require an approval from Suez's board.
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