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Nasdaq Moves Above Record 14,000 as Tech Continues to Reign Supreme By Investing.com

By Yasin Ebrahim Investing.com – The Nasdaq moved above a record milestone Tuesday, as technology stocks continued to rack up gains amid a backdrop of falling Covid-19 cases and further progress on fiscal stimulus. The Dow Jones Industrial Average rose 0.07%, or 23 points. The S&P 500 was down 0.04%, while the Nasdaq Composite added 0.25%.  Twitter led the gains in broader tech...

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Reddit user claiming to be Tesla insider appeared to reveal bitcoin buy a month ago By Reuters

By Bhargav Acharya (Reuters) - A Reddit user claiming to be a Tesla Inc (NASDAQ:TSLA) insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. The post https://www.reddit.com/r/Bitcoin/comments/kpc8gw/you_heard_it_here_first_our_company_just_bought received little attention when it appeared, with the date on it reading Jan...

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Facebook faces new UK class action after data harvesting scandal By Reuters

By Kirstin Ridley LONDON (Reuters) - Facebook (NASDAQ:FB) is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the latest lawsuit to spring from a scandal over data harvesting. Journalist and writer Peter Jukes said on Tuesday he had filed a lawsuit for unspecified...

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Comic: Vaccines, Assemble! By Investing.com

By Geoffrey Smith Investing.com -- The pharmaceutical industry has had its fair share of critics in recent years. Sky-high drug prices have produced generous shareholder returns, and muscular litigation to avoid liability when its drugs go wrong have protected those payouts, to the annoyance of many of an aggrieved patient and regulator. So the pharma industry has a lot to thank Covid-19 for:...

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Pot ETF Trio Soars 90% to Open 2021 on Legalization Hopes, M&A By Bloomberg

(Bloomberg) -- The top performing exchange-traded funds so far in 2021 have at least one thing in common: They all track the pot industry. The Global X Cannabis ETF (POTX), the Cannabis ETF (THCX) and Amplify Seymour Cannabis ETF (CNBS) -- have returned more than 90% year-to-date, according to data compiled by Bloomberg. Those three non-leveraged products have largely outpaced the 4% gain...

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.14% By Investing.com

Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Household Goods & Home Construction, Industrial Transportation and Tobacco sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.14%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Taylor Wimpey PLC (LON:TW), which rose...

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Biden Presidency Starts With a Giant Bet on Run-It-Hot Economics By Bloomberg

(Bloomberg) -- Joe Biden’s administration has dedicated its first few weeks in office to spending more money on pandemic relief -- and shrugged off warnings that the economy may overheat as a result.If the president sticks to his guns, it could mark another milestone in the great policy rethink that got under way after the 2008 financial crisis.Biden’s $1.9 trillion aid plan would...

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