sheldonkwek

    • sheldonkweksheldonkwek
      ·2021-08-26
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      S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole

      NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials he
      S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole
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    • sheldonkweksheldonkwek
      ·2021-08-25
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      SoftBank-backed storage developer Energy Vault raises $100 mln

      NEW YORK, Aug 24 (Reuters) - Energy Vault, a developer of utility-scale battery storage technology b
      SoftBank-backed storage developer Energy Vault raises $100 mln
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    • sheldonkweksheldonkwek
      ·2021-08-23
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      Fed's Jackson Hole Symposium, personal income and spending: What to know this week

      Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at
      Fed's Jackson Hole Symposium, personal income and spending: What to know this week
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    • sheldonkweksheldonkwek
      ·2021-07-05
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      Sorry, this post has been deleted
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    • sheldonkweksheldonkwek
      ·2021-07-02
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      S&P 500 winning streak extends to sixth straight record close

      NEW YORK - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac
      S&P 500 winning streak extends to sixth straight record close
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    • sheldonkweksheldonkwek
      ·2021-06-26
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      Is Apple A Better Buy Than Other FAANG Stocks?

      Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi
      Is Apple A Better Buy Than Other FAANG Stocks?
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    • sheldonkweksheldonkwek
      ·2021-06-24
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      Tesla lifts Nasdaq to record-high close, S&P 500 dips

      June 23 - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi
      Tesla lifts Nasdaq to record-high close, S&P 500 dips
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    • sheldonkweksheldonkwek
      ·2021-06-22
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      Wall Street ends sharply higher, led by surging Dow

      (Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over thr
      Wall Street ends sharply higher, led by surging Dow
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    • sheldonkweksheldonkwek
      ·2021-06-21
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      Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week

      A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r
      Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week
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    • sheldonkweksheldonkwek
      ·2021-06-19
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      Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie

      Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,
      Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie
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