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Intuitive Surgical, Inc
- 2020-07-16
- Traiding Idea
Intuitive Surgical, Inc. is an American corporation that develops robotic-assisted technologies, tools, and services for surgery. The company has performed very well, both fundamentally and technically.
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Advanced Micro Devices ( AMD ) Inc
- 2020-07-14
- Traiding Idea
Advanced Micro Devices, Inc. is a semiconductor company that develops computer processors and related technologies. The company performs well fundamentally. Technically, as you can see, the price is squeezing inside the triangle, and we can expect a breakout soon.
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Amazon's Jeff Bezos breaks his own wealth record _ US unemployment reaches nearly 50 MILLION
- 2020-07-11
- Traiding Idea
Amazon founder Jeff Bezos is getting richer by the week thanks to his company's stock market performance. His net worth has increased by another $ 10 billion over the past week and now stands at a record $ 183 billion. Amazon market cap skyrocketed to $1.54 trillion. The company's stock rose 3 % to $ 3,081. The superiority of Bezos' position in the global rankings of billionaires continues. He has the highest net worth in the world in four decades.
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The U.S. government has awarded Novavax Inc $1.6 billion for coronavirus vaccine
- 2020-07-07
- Traiding Idea
The U.S. government has awarded $ 1.6 billion to the pharmaceutical company Novavax to test and manufacture a potential vaccine for the novel coronavirus in the United States, with the goal of distributing 100 million doses by January 2021. Shares of Novavax increased by 35 %. The awards will cover the cost of the phase III trial, the final stage of human testing, which will begin in early October.
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China will dethrone the U.S. economy this year _ The U.S. economy added 4.8 million jobs in June
- 2020-07-03
- Traiding Idea
Max Kisser and Stacy Herbert, American experts, believe that the Covid-19 pandemic has caused a saving glut in the United States, which is in stark contrast to the policies designed to stimulate economic growth in the United States. "People are not consuming because we are entering Depression. The financial system is collapsing again, this is the global financial crisis part two, it's the Federal Reserve crisis part 12, and it's the depression part two," Max said. According to Max, China will be the world's largest economy by the end of this year, not because its economic growth is higher than other economies, because it will be impacted the least by the global Depression.
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Fed's Powell stressed the uncertainty and challenges facing the U.S. economy _ GDP fell at a 5% rate
- 2020-07-01
- Traiding Idea
U.S. Federal Reserve Chairman Jerome Powell said on Monday that the world's largest economic outlook was uncertain and depended on two factors: controlling the coronavirus and the government's efforts to support economic recovery. Powell said economic activity has picked up in recent weeks following the reopening of some areas. "We have entered an important new phase and have done so sooner than expected. While this bounceback in economic activity is welcome, it also presents new challenges, notably, the need to keep the virus in check." Powell said.
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U.S. unemployment surpasses 47 MILLION _ U.S. consumer spending rebounds, falling income
- 2020-06-28
- Traiding Idea
Another 1.48 million Americans applied for unemployment benefits last week, the Department of Labor said. Economists had expected a 1.3 million increase in initial filings as the coronavirus cases in the United States increased. As a result, the total number of claims since mid-March is 47.3 million. Continued regular jobless claims mean that people who have applied for unemployment benefits for at least two consecutive weeks now reach 19.5 million, less than 20.3 million in the previous week.
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Another 1.5 million Americans have applied for unemployment _ Eurozone economy heading for 'sharp decline' of 13 percent
- 2020-06-21
- Traiding Idea
The U.S. Department of Labor said initial claims for unemployment benefits for the week ending June 13 reached 1.508 million. That's just under 1,542 million claims a week earlier. Demand for unemployment benefits rose to a record high of 6.867 million in late March. Current demand is twice as high as the unemployment rate in the Great Depression between 2007 and 2009. "People will say claims are coming down, but for an economy that is reopening, that is a huge number," said Steven Blitz, a senior U.S. economist in New York.
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