Articles by Erika Dee

31-60 (out of 58)

Dow Futures Drop 100 Points, Should Investors Be Alarmed?

Futures contracts tied to the Dow Jones Industrial Average have witnessed a decline of 81 points, or 0.26%.

Jan 31, 2021 10:39 PM EST


GameStop UPDATE: Melvin Capital Loses 53%, Redditors Want to See it Lose Remaining 47%

MelvinIt remains to be seen if these fresh injections can save Melvin Capital from the very persistent "amateur" investors who have made the hedge fund their core "enemy."

Jan 31, 2021 8:59 PM EST


Facebook, Google Face Antitrust Lawsuit Charges

HD Media accuses Google of having so monopolized the online ad market that it has become a threat. A West Virginia newspaper has filed an antitrust suit against the tech giants, Facebook and Google for their ad activities.

Jan 30, 2021 2:00 AM EST


'Toys R Us' Closes Two Remaining Stores in the US as COVID-19 Pandemic Rages

Toys R Us made the difficult decision as the consequence of all the hardships brought about by the coronavirus pandemic.

Jan 30, 2021 12:35 AM EST


Valentine's Day 2021: New York to Allow Indoor Dining if This Happens

New York will strive to make the day feels as magical as it has been before the pandemic hits by allowing indoor dining.

Jan 29, 2021 8:28 PM EST


Roblox Delays Going Public Because of Heavier SEC Scrutiny

The company had announced regulatory filing earlier this month that it was aiming to list shares on the New York Stock Exchange by February but this is no longer the case.

Jan 29, 2021 3:32 AM EST


Don't be so Desperate to be Vaccinated; Here's Why

According to the Federal Trade Commission, anyone saying they can give a vaccine shot even if to non-eligible individuals are scammers.

Jan 29, 2021 2:55 AM EST


GameStop, AMC Wild Trading: Is r/WallStreetBets Operating a 'Ponzi Scheme'?

The experts claim that they are operating a "Ponzi" scheme and there is nowhere to go but down.

Jan 29, 2021 12:27 AM EST


Thanks to GameStop Aftermath, This Small Energy Company Soars Stocks

GameStop, AMC, and some once never-heard stocks have figured into one of the wildest stock swings the markets have seen in recent years.

Jan 28, 2021 11:38 PM EST


GameStop Pause Trading: Reason Why it Ended Early

This serves as another twist in the ongoing drama between these amateur investors and the experienced, more risk-averse, Wall Street giants.

Jan 28, 2021 7:45 PM EST


Levi Strauss & Co Holiday Sales Lackluster, But Marks Improvement

Levi's stock prices recently went up by more than 1% in after-hours trading after already falling for more than 4%.

Jan 28, 2021 12:34 AM EST


Reddit's r/WallStreetBets is Back; GameStop, AMC Drama Intensifies

As testament of how affected the public was over the subreddit being locked, everyone went positively wild when the subreddit returned.

Jan 28, 2021 12:01 AM EST


Apple Stock Fell Amid High Earnings; Facebook Shows Unexpected Increase

Both Apple and Facebook showed unexpected high earnings for the holiday quarter. On late Wednesday, January 27, consumer electronics giant Apple (AAPL) surpassed its Wall Street's targets for the holiday quarter.

Jan 27, 2021 9:44 PM EST


Tilman Fertitta on Post COVID-19, 'It'll be the Roaring Twenties!'

To have the post COVID-19 period equated to the Roaring 20s is no small thing. While most people are worried about the present pandemic, how it will end, and what its aftermath could be, Tilman Fertitta is not.

Jan 27, 2021 3:57 AM EST


Belk Bankrupt: Department Store Declares Chapter 11 Bankruptcy, Promises Normal Operations in the Meantime

The company, which has served generations of shoppers for over a century and half, announced Tuesday it will file for the dreaded bankruptcy.

Jan 27, 2021 3:00 AM EST


Jeff Bezos Defamation Suit Dismissed, Amazon CEO Now Wants $1.7M Legal Fees

The case by Sanchez against Bezos did not prosper. Amazon CEO Jeff Bezos is trying to recoup a massive sum in legal fees from the brother of his girlfriend, Michael Sanchez.

Jan 26, 2021 11:58 PM EST


Luxury SBE Corporation to Open 50 New Hotels Regardless of Pandemic

The luxury hospitality company even made the announcement of this seemingly unimaginable goal to the public through a press release on Thursday.

Jan 26, 2021 10:13 PM EST


How AMC Theaters Stopped COVID-19 Bankruptcy By Raising Nearly $1 Billion

There is no denying that one of the hardest hit industries by the coronavirus pandemic is the film industry.

Jan 26, 2021 8:26 PM EST


Houston Saves Program: It 'Pays' to Save with JP Morgan Chase, Literally

The company is offering $20 for every $30 you save each month. Saving does not sounds like a good idea when the pandemic is forcing everyone to live so miserly already, but if there is something that the pandemic is forcing to learn, it's that having savings is very important.

Jan 26, 2021 5:30 AM EST


$20 Bill New Face: Biden to Change Ex-President Andrew Jackson's Face With Harriet Tubman

On January 25, Biden press secretary Jen Psaki said that the Treasury Department is already acting to restart efforts to put the 19th century abolitionist leader on the currency note

Jan 26, 2021 3:38 AM EST


California: Fraudsters Stolen $11 billion From Fake Unemployment Applications Amid Pandemic

There is still around 17% of the rest of total benefits paid during the same time frame being investigated up to now.

Jan 26, 2021 2:00 AM EST


California's Mass Tech Exodus: What's Driving Tech Giants Away?

Apart from Elon Musk, presently the world's richest man, tech industry personalities such as Larry Ellison, Drew Houston, and Joe Lonsdale have decided to move out.

Jan 25, 2021 10:47 PM EST


Step-by-Step Guide on Getting Your Stimulus Check (2020 Return or 2nd Stimulus)

It's still possible for you to claim the money you are entitled to, as long as you file your 2020 tax return through the IRS Recovery Rebate Credit.

Jan 25, 2021 8:54 PM EST


India Stocks to Monitor: RIL, UtraTech Cement, YES Bank, Grasim and More

Some have performed unexpectedly well, while others have great strategies in plan for better performance down the road.

Jan 25, 2021 6:00 AM EST


Stock Market Overheating? Signs Suggest S&P 500 Trouble on the Way

Historically, there were only several times when the S&P 500 reached a move above a P/E of 30. Every time that happens, a massive S&P 500 disaster follows.

Jan 25, 2021 4:05 AM EST


Top 20 Hedge Funds Make Record-Breaking $63.5 billion in 2020

According to the data presented by LCH investments, technology-oriented stocks are at the forefront of this record, because they allowed for a significant rebound from a sell-off triggered by the pandemic.

Jan 25, 2021 3:00 AM EST


Deutsche Bank Employees Allegedly Part of Scheme; Bank Starts Investigation

Reportedly, the Deutsche Bank placed clients' firms wrongly, violating the Markets in Financial Instruments Directive rules.

Jan 24, 2021 10:30 PM EST


China Beats US as Top FDI Destination; Is this President Biden's Biggest Challenge?

The year 2020 also the first year in history that foreign direct investment in China overtook that of the US. Will this affect President Biden's leadership?

Jan 24, 2021 9:13 PM EST


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