Source: Pixabay.com
We’ve all heard stories about people who suddenly start living lavish lifestyles after getting into trading. We’ve also watched TV ads of “revolutionary” trading platforms that promise us quick and easy income on the side. Of course, there’s much more to trading than just pouring money in and cashing profits out.
So, how does one become successful in this industry?
Source: Pixabay
Reading time: 2 minutes
Last Friday, CVS shares were up by nearly 6% at market close on the news that the company has generated higher-than-expected income after it expanded its drugstore chain business to also include health services covering all needs – from basic health insurance to COVID-19 testing. In its latest earnings call, CVS Health Corp also announced a new CEO.
Source: Dreamstime
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On Friday, shares of the multinational oil and gas company declined by 1% (53% so far in 2020) due to hindered performance, caused by crashing oil demand across the globe.
Source: Pixabay | Photographer: FirmBee
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Shares of the social media platform rose by nearly 27% this Thursday upon announcing a stronger-than-expected financial performance despite the ongoing pandemic.
Source: Dreamstime
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As expected, the unprecedented crisis, provoked by the global COVID-19 pandemic, led to significant economic problems and bankrupted many businesses of all sizes and in all economic sectors.
Аccording to some estimates, the negative effects of the downturn have already outweighed those of the 2008 crisis. “I’m pretty confident we will see more bankruptcies this year than ever before,” recently commented for Fortune magazine James Hammond, CEO of New Generation Research – the data analytics company that runs Bankruptcy Data.
Source: Dreamstime
Reading time: 7 minutes
In the past four years, it has become apparently clear that Europeans are not especially fond of Trump’s presidency. So much so, in fact, that, according to the Pew Research Center, some would go so far as to place more faith in Chinese President Xi Jinping – the heart of a well-oiled Communist regime – in “doing the right thing” than in the current U.S. president.
This is why Brussels and Europe, in general, have placed such great hopes on Joe Biden – the presidential candidate who is believed to be able to reforge the transatlantic alliance, re-enter the U.S. in the Paris Agreement and revoke the trade tariffs, imposed by the Trump administration, on China and the U.S. allies, among other things. But will this really be the case?