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Tag Archives: rises

Economic activity in the euro area is shrinking again as the second wave of Covid rises

A worker in a Paris bar is sweeping after an early closure to comply with new Covid-19 restrictions. Kiran Ridley | Getty Images News | Getty Images LONDON – Economic activity in the euro zone contracted in October as coronavirus restrictions returned to the region, preliminary data showed on Friday. The Eurozone’s composite PMI composite output index, which tracks activity …

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Billionaire Paul Tudor Jones calls Bitcoin “the best inflation trade” as the token rises above $ 13,000 Financial and business news

REUTERS / Eduardo Munoz Bitcoin’s rally in October will continue as investors use the token as an inflation hedge, billionaire Paul Tudor Jones said Thursday. The world’s largest cryptocurrency is up nearly 20% this month and recently surged over $ 13,000 for the first time since July 2019. With the Federal Reserve aiming for price growth above 2% in the …

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Tesla’s stock rises after Wedbush’s Ives raised target to $ 500

Shares of Tesla Inc. tsla rose 1.7% on the Monday leading up to trading after Wedbush analyst Dan Ives raised his price target ahead of the electric vehicle maker’s third-quarter earnings report due to be released later this week. Ives repeated the neutral rating he had on the stock since April 2019, but raised his price target from $ 475 …

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Trump holds rally as coronavirus rises in Wisconsin

SHUT DOWN JANESVILLE – Thousands of Donald Trump’s fans, many of them without a mask, walked onto a tarmac at the airport Saturday afternoon as they waited for the president to visit amid soaring coronavirus cases across Wisconsin. “This whole pandemic is a joke,” said Brandon Rice of Eau Claire as he waited in line at the Southern Wisconsin Regional …

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Nasdaq rises as tech stocks lead market rally

The Nasdaq Composite (COMP) was the strongest performer with 2.6%. The Dow (INDU) closed 0.9%, or 251 points, and the S&P 500 (SPX) ended 1.6% higher. All three benchmarks again approached the record range. The Nasdaq and S&P 500 will hit their record closing levels from early September, while the Dow’s last record was in pre-pandemic times. Meanwhile shares in …

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Boris Johnson Reveals New Local Lockdown System As Covid Rises In The UK

Boris Johnson will reveal details of his new system of local lockdowns for England on Monday. His government is rolling out a tiered system of local regulations as infections rise across the country. There will be three levels: “medium”, “high” and “very high”. Areas in the north, such as the city of Liverpool, are expected to be given the hardest …

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As the virus rises in Europe, so does resistance to new restrictions

LONDON – France has put cities on “maximum alert” and ordered many to close all bars, gyms and sports centers on Saturday. Italy and Poland have publicly prescribed masks. The Czech Republic has declared a state of emergency, and German officials fear new outbreaks may soon grow beyond the control of their vaunted testing and traces. Across Europe and beyond, …

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Facebook extends the ban on political advertising as the alarm rises during elections

SAN FRANCISCO – For the past few weeks, Facebook CEO Mark Zuckerberg and his lieutenants have watched the president’s race with increasing alarms. Executives have held meetings to discuss President Trump’s evasive comments on whether he would accept a peaceful transfer of power if he lost the election. They watched as Mr. Trump told the Proud Boys, a far-right group …

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Alteryx stock rises after hours on bullish guidance and a new CEO

Shares of Alteryx (NYSE: AYX) rose 25% on Monday after close of trading as the company made multiple announcements that got the bulls going. The company said that Alteryx co-founder, chairman and CEO Dean Stoecker would step down from his role as managing director and be immediately replaced by board member Mark Anderson. Stoecker would take on the role of …

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