There are now 2,189 billionaires globally with a combined wealth of $10.2 trillion, as the pandemic-induced stock market rally catapulted the net worth of the world's uber wealthy to a new high.
Investors who have a time horizon beyond two or three months should be "overweight risky assets" such as credit and stocks, says JPMorgan Asset Management's Patrik Schowitz.
Lawmakers in the European Union have written a letter to Amazon boss Jeff Bezos asking if his company is hiring intelligence agents to spy on politicians, trade unionists, and members of staff.
"When I saw it I laughed, but it's not funny," Kimberly Prather, a distinguished professor of atmospheric chemistry at the University of California at San Diego, said of the barriers.
"The time these Big Tech stocks get hit by some bad headlines from the House Judiciary Committee is the time you have to buy them," the "Mad Money" host said of Facebook, Alphabet, Apple and Amazon.
Robinhood led the way for zero commission trading. It helped bring in a new generation of investors to the stock market. The Covid-19 pandemic and stay-at-home orders helped the trading app add 3 million users in the first quarter of 2020. "The Robinhood Trader" quickly became synonymous with retail trading. The company has made the stock market more accessible to millions of users but not without complications.
Manhattan District Attorney Cyrus Vance Jr. is seeking years of income tax returns of President Donald Trump as part of a criminal probe. The Supreme Court could become involved in the case for a second time.
People watched 4.7 billion hours of video through Twitch in the third quarter. That's down 8% from the second quarter when the coronavirus lockdowns kept more people home, providing additional time to watch game streams online.
Many U.K. investment funds have a large overweight exposure to Britain's small and mid-cap companies, but one major market strategist has warned that now isn't the right time to be making such "big bets."