Category: Bump
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Small caps lose Trump bump as rising rates sap strength
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By Louis Krauskopf NEW YORK (Reuters) – As investors seek assets that will shine under a Donald Trump presidency, a corner of the U.S. stock market expected to benefit from Republican policies is faltering. Smaller US company stocks have come under pressure, with the small-cap Russell 2000 index last week…
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Stocks Are Close to Wiping Out Trump Bump as Rate Fears Kick In
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(Bloomberg) — It’s the round-trip ticket that no one on Wall Street wanted. Most read from Bloomberg The S&P 500 on Monday briefly fell below where it finished on November 5, just before Donald Trump was elected president, and closed just above that level on Monday. Investors are dumping stocks…
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Ark’s Cathie Wood calls for tax clarity as she rides ‘Trump bump’
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Written by Susan McGee (Reuters) – Cathie Wood, an American technology investor, told Reuters that she is calling on the incoming Donald Trump administration to promote economic growth and political certainty by postponing the promised corporate and individual tax cuts to January 1, 2025. After lagging in recent years, Wood’s…
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California health care workers get a pay bump to $18-$23 an hour under new minimum wage law
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Some of California’s lowest-paid health care workers will receive a pay raise on Wednesday under State Law Gradually increase their wages to at least $25 per hour. Workers at independent rural health care facilities will start making at least $18 an hour, while others at hospitals with at least 10,000…
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Bitcoin mining stock analyst discusses ‘Trump Bump’
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Analysts from HC Wainwright believe that the positive market reaction to cryptocurrencies indicates increased confidence in the election prospects of Republican presidential candidate Donald Trump. This confidence comes because Trump is known for his pro-cryptocurrency stance, especially his support for Bitcoin (BTC) mining in the United States. Following the failed…
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Lemonade stock still has a long way to go after last week’s bump up (NYSE:LMND)
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Tarik Kızılkaya Lemonade (New York Stock Exchange: LMND) The stock got a much-needed boost last week when co-founder and CEO Daniel Schreiber appeared on CNBC extolling the benefits of artificial intelligence in the insurance business. “Businesses in our sector that do not rely on AI are missing out “It relies…
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Bump Stock Ban Tossed Out by Supreme Court in Gun-Rights Win
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Breadcrumb links PMN works A divided U.S. Supreme Court has dealt a new blow to gun regulation efforts by striking down a federal ban on firearms, accessories that allow a semi-automatic rifle to fire at a speed that rivals a machine gun. Article writer: Posted on June 14, 2024 •…