Tag: Finance

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America’s $2 Trillion Infrastructure Plan Is Picking Up Speed, And These 17 Companies Are Along For The Ride

Gillian Guo

What’s going on here? If passed by his Democratic Party-controlled Congress, US president Joe Biden’s $2 trillion-plus infrastructure spending plan will unleash $750 billion worth of spending on the energy sector alone. Happily for investors, many of the companies in line to benefit … Continue reading America’s $2 Trillion Infrastructure Plan Is Picking Up Speed, And These 17 Companies Are Along For The Ride

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Should You Invest In Robinhood’s IPO?

Gillian Guo

Robinhood is one of Silicon Valley’s most valuable and fastest-growing startups. And the fintech firm that pioneered commission-free stock trading is soon selling shares of its own in an initial public offering (IPO) that could value the company as high as $40 billion. But the big question is: will it make a good investment? Why should you invest? Impressive growth Founded less than a decade ago, Robinhood today boasts almost 18 million active monthly users – double its user count just a year ago. Explosive trading volumes amid the “meme stock frenzy” at the start of 2021 pushed its first-quarter revenue 300% higher than in 2020, and … Continue reading Should You Invest In Robinhood’s IPO?

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Stocks Retreat as Amazon Stokes Big-Tech Concern

Gillian Guo

U.S. equities retreated at the tail end of a big earnings week as investors worried about slowing growth at the megacap technology companies that have helped drive the market to record highs during the pandemic. Amazon.com Inc. dropped 7.6% in its biggest decline since May 2020, contributing the most to declines in the Nasdaq 100 and S&P 500 indexes, after the company’s sales outlook missed expectations. Tech stocks including Microsoft Corp. also weighed down the Dow Jones Industrial Average. European equities dropped from a record and Asian stocks slid amid China’s regulatory clampdown. Amazon announced weaker-than-expected quarterly earnings late on Thursday, and the … Continue reading Stocks Retreat as Amazon Stokes Big-Tech Concern

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Oil Production limits are more of a gentleman’s agreement than anything

Gillian Guo

The oil price hit a six-year high on Tuesday, after discussions between the world’s biggest oil-producing nations and their allies – known as OPEC. OPEC+ first rolled out a host of production cuts during the pandemic in an effort to boost the oil price, and it met again last week to discuss finally dialing them back. But the talks were scuppered by a disagreement between Saudi Arabia – the group’s de facto leader – and the United Arab Emirates. Short of a change of heart, that means current production limits will stay in place for at least another month. That’s not ideal: this tiff … Continue reading Oil Production limits are more of a gentleman’s agreement than anything

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The European Carbon Market

Gillian Guo

The European carbon market doesn’t pay any attention to spiking inflation or climbing interest rates, and its price – which has doubled in the last year – might only keep going up… What exactly is a carbon market? The best way to set a price that’s both high enough to incentivize polluters to cut their emissions and low enough to avoid sending whole industries into bankruptcy is the “cap and trade” system. Under the “cap and trade” system, the European Union (EU) allows firms in polluting industries to emit greenhouse gases, but only up to a set amount. The companies that … Continue reading The European Carbon Market

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The World’s Going Renewable. So Why Are Renewable Energy Stocks Getting So Little Love?

Gillian Guo

Renewable energy stocks have fallen out of favor after a stellar rise last year, with the European Renewable Energy index down around 25% from its January peak. But several investment banks – from Goldman Sachs to Royal Bank of Canada – think the recent selloff could present you with the perfect entry point… Why are renewable energy stocks so attractive right now? 1) They’re cheap relative to their growth potential The selloff has left renewable energy stocks looking cheaper than tech-heavy growth stocks – not just in Europe, but globally. And unlike tech companies that benefited from a short-term, pandemic-driven demand boost, renewable energy companies will … Continue reading The World’s Going Renewable. So Why Are Renewable Energy Stocks Getting So Little Love?