Source: Dreamstime
Reading time: 2 minutes
Besides delayed deliveries, the Boston-based industrial conglomerate is also wrestling with inflation, which has led to higher transportation costs and prices of key commodities, such as steel.
The Top U.S. Performers of 2021, According to DeltaStock’s Chief Financial Analyst Ivaylo Chaushev
Source: Pexels | Author: Skitterphoto
Reading time: 5 minutes
“The US500 index did incredibly well in 2021, mainly thanks to companies like Apple, which has reached a market cap of close to $3 trillion and whose share price has skyrocketed by 40%, Microsoft, whose share price rose by 53% on an annual basis, Amazon (7% increase), Alphabet (68% increase) and, of course, Tesla (64% increase). That being said, I won’t be discussing these companies here, but rather the ones that really took the index to the next level in 2021.”
Ivaylo Chaushev, chief financial analyst of DeltaStock
Tilray Inc Will Rebrand Itself to Tilray Brands Inc, Reported a Surprisingly Upbeat Quarterly Profit
Source: Dreamstime
Reading time: 2 minutes
At its earnings conference this Monday (14.01), the famous Canadian cannabis producer announced further budget cuts to a total of $100 million and promised to bring further innovations into the now overcrowded local hemp market. The news sent Tilray’s shares up by 15% to $9.39.
Changes to Trading Hours (17 January 2022)
Source: Dreamstime | Author: David Pillow
We are informing all our clients that, due to the upcoming Martin Luther King Day holiday in the U.S., the trading hours of some CFD markets will be changed on 17 January 2022.
Changes to Trading and Working Hours over Christmas and New Year
Source: Dreamstime | Author: Evgenyatamanenko
We are informing all our clients there will be changes to the trading hours of some markets during the upcoming Christmas and New Year holidays.
Will the Turkish Lira Take the “Worst-performing Currency Ever” Trophy?
Source: Depositphotos | Author: DeltaStock
Reading time: 4 minutes
After previously crashing to a then unfathomable record low of 13.44 to the dollar in late November, yesterday the lira plunged to a new shocking low of 17.12 to the dollar after the country’s Central Bank voted to once again cut its interest rate from 15% to 14%.
For perspective, the average mid-2017 value was just 3.5 to the dollar, yet the lira has somehow managed to lose more than 40% of its value against the U.S. dollar this year alone!