US stock indexes were trading in the green zone on Wednesday, December 30, at the close of trading, with a limited volume of trades on the eve of the New Year holidays. Moreover, when Senator Mitch McConnell blocked an immediate vote to authorize a raise
On Tuesday, 29 December, the European currency, trading at 1.2223, rose by 0.15 percent against the US dollar. The index of the DXY dollar fell 0.37 percent to 90.01. Owing to the fact that Trump on Sunday signed a $900 billion fiscal incentive package along
The final implementation of a new initiative in the wake of the coronavirus crisis to help the U.S. economy has brought relief to capital markets. The United States, despite threatening not to sign it, after tough talks between Republicans and Democrats, President Donald Trump eventually
The payment service PayPal Holdings Inc. (PYPL) had a good year thanks to the momentum in e-Commerce in 2020 and expanded the number of active accounts significantly. Yet, as the organization expands the ecosystem and reaches new markets, progress will not stop next year. PayPal
Dynavax Technologies Corporation (DVAX) has announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has approved the application of the HEPLISAV-B vaccine to prevent hepatitis B. In the United States, the HEPLISAV-B vaccine was approved in 2017. It
Biotech firm AstraZeneca plc (AZN) recently announced the acquisition of biotech company Alexion Pharmaceuticals (ALXN) on Saturday 12 December. The announced transaction was large as it was worth $39 billion and that also entails a substantial premium for shareholders of Alexion. AstraZeneca has just signed
Due to the health situation in Europe, the U.S. stock market picked up over the trading minutes on Monday in the bright red at the opening to return to the green on the Doe Jones and eventually gain 0.12 percent to 30,216 points. Once again,
Online apparel retailer Stitch Fix Inc. (SFIX) shares have been raised about 75 percent since the start of this month. The main reason for the rise was the surge that started on December 8, when investors took a favorable view of the company’s report for
On Thursday, after the Fed and in anticipation of a new stimulus package in the country, WTI light crude oil rose another 1.1 percent to $48.36 a barrel, the highest in nine months. On the other hand, despite likelihood of a rebound in demand in
According to the rating of research firm Gartner, enterprise storage systems supplier Pure Storage Inc. (PSTG) has been named the best in its industry. For the seventh year in a row, Pure Storage solutions have been highly valued, and the company has been able to
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