Business Insider
Business Insider
Business Insider
Business Insider
··· 47 Vistors
Move-in date 01 Sep 2019 Joined
position Malaysia
birthday 03 May Birth
Business Insider is an American financial and business news website founded in 2007.

Car-rental app Turo aims to list shares publicly in 2021, report says

Turo Car-rental startup Turo aims to list its shares publicly in 2021 after a strong end to 2020, the company's CEO told The Wall Street Journal in a report published Friday. Turo allows people to offer their private vehicles for rental, a car-sharing alternative to industry giants such as Hertz or

US stocks close at record highs to end tumultuous 2020

A person with the 2021 sign in Times Square on December 21. Alexi Rosenfeld/Getty Images US stocks went out with a bang on Thursday, the last trading day of 2020.The Dow Jones industrial average and the S&P 500 both closed at record highs, while the tech-heavy Nasdaq had its best year since 2009

Bitcoin could quadruple in 2021 as the digital currency sees a rally similar to 2017, Fundstrat's Tom Lee says

Cindy Ord/Getty Images Bitcoin's near 300% surge in 2020 could be followed up by an even stronger performance in 2021, according to Fundstrat's Tom Lee.In an interview with CNBC on Wednesday, Lee said bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occu

Stocks are vulnerable to a near-term pullback as the market overestimates a 2021 recovery, CFRA says

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2020. Brendan McDermid/Reuters Investors should brace for a near-term pullback in the first quarter of 2021, according to CFRA's Sam Stovall. "Domestic equity markets appear to us to have over-discounte

Tesla's stock price surged 740% in 2020. Here's where 5 analysts say the shares are headed next.

Logo of Tesla is seen at a branch office in Bern Reuters Tesla's stock price skyrocketed 740% in 2020, but Wall Street is split on where the shares will move next.JPMorgan sees the electric vehicle company plummeting 87% to $90 a share in 2021. Meanwhile Goldman Sachs has a 12-month price target of

Billionaire investor Chris Sacca mocks 'Robinhood bros' for being reckless: 'Stonks never go down!'

YouTube/Kevin Rose Venture capitalist Chris Sacca dismissed amateur traders' huge gains in 2020 as the product of lucky timing in a recent tweet."To everyone who got into trading stocks this year, I have a little hard truth for you: You're not actually that good at it," the billionaire founder of Lo

Tesla short-sellers lost $38 billion throughout the automaker's colossal 2020 rally

Elon Musk. Maja Hitij/Getty Images Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company's shares plunged to less than 6% of Tesla's float from nearly 20% at the start of last year. The losses

Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out

REUTERS/Brendan McDermid Paul Krugman expects the US economic recovery from the pandemic to be "much faster and continue much longer than many people expect," he said in a recent New York Times column.The Nobel Prize-winning economist predicts mass vaccination, pent-up demand, greater household savi

Global stocks close out a blockbuster 2020 on a slightly lower footing, with COVID-19 and an end to Brexit in focus

New York Stock Exchange building decorated for Christmas at the Financial District Anadolu Agency/Getty Images Global shares ease, but set to post record-breaking year, dominated by coronavirus, market turbulence and political uncertainty. US deal on stimulus and Brexit helped foster some risk appet


A GLIMPSE INTO WHAT WE WERE UP TO FOLLOWME has grown incredibly rapidly. In 2020, we reached 659,613 users, amidst other highlights such as new product releases, reports, contests and other events. It’s been an amazing year. To celebrate, here’s a countdown of the top 10 moments and conversati

A bitcoin ETF could finally become a reality in 2021 after SEC filing from VanEck

FILE PHOTO: A bitcoin sign is seen during Riga Comm 2017 fair in Riga Reuters A bitcoin ETF could finally land on Wall Street in 2021 following a new application filed with the Securities and Exchange Commission this week by VanEck. Regulators have rejected numerous bitcoin ETF proposals in the past
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Forex Today: Dollar ticks up after Trump's TikTok move, all eyes on Non-Farm Payrolls

Here is what you need to know on Friday, August 7: Trump's executive order against TikTok and WeChat has dampened the market mood and strengthened the dollar. Fiscal stimulus have made limited progress and investors are now focused on July Non-Farm Payrolls, which carries high uncertainty amid the r

EUR/USD Price Waits for US NFPs, EUR/GBP Slides on Sterling Strength

EUR/USD – A NEW TWO-YEAR HIGH After hitting a new two-year high of 1.1916, EUR/USD is now trading in the middle of today’s range at 1.1865 and needs a new driver to make or break the recent rally. With the US dollar the main influence on the pair, Friday’s US Jobs Report is now key and will likely s
Long for GBP. #UK#

Pull-up Update