Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock
Money

Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock

After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.
Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand
Business

Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand

According to analysts, Amazon is expected to continue with its top-line acceleration in the near future and finish 2020 strong, way over expectations.
UK Reports Over 12,000 Coronavirus Cases and More Than 500 Deaths
Politics

UK Reports Over 12,000 Coronavirus Cases and More Than 500 Deaths

The Prime Minister has also tested positive for the virus and announced the entire country will go on a complete lockdown.
Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly
Business

Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly

US stocks had the worst day of trading since the 2008 financial crisis, as the coronavirus crisis continues to spread in the country and the declining oil prices hit a historical low.
Apple Loses $27 Billion in Market Value Because of Coronavirus
Business

Apple Loses $27 Billion in Market Value Because of Coronavirus

Since Chinese manufacturers are resuming operations slower than expected, the company saw nearly $27 billion in value wiped out this past week.
The US Added 312,000 Jobs in December with Unemployment Rising to 3.9%
Business

The US Added 312,000 Jobs in December with Unemployment Rising to 3.9%

The Labor Department released its official employment figures for the month of December. Although the US added 312k jobs, unemployment rate rose to 3,9% compared to the 3,7% in November.

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