JPMorgan Chase & Co: the Federal Reserve will still "flood" the market with about $1 trillion during the contraction period.
Strategists at JPMorgan Chase & Co believe the Fed will still inject about $1,000bn of liquidity into the market during the period when it begins to scale back until the end of its programme to buy $120 billion of bonds a month. JPMorgan Chase & Co strategists Teresa Ho and Alex Roever wrote in a report released on Sunday that this is a conclusion based on the assumption that the Fed announced in December that it would begin to scale back and end its bond purchases by August next year, reiterating their similar views on Aug. 6. Investors will keep a close eye on Wachovia as this week's Jackson Hole global central bank annual meeting opens at the Kansas City Fed.
Wall Street analysts are optimistic about the growth potential of Robinhood users, but the craze for retail trading is still being questioned.
According to reports, Wall Street analysts are generally optimistic about the future of online brokerage Robinhood because they are optimistic about the company's user growth potential, although the company warned a few days ago that retail trading frenzy on its platform would abate. Of the six brokerages that participated in Robinhood's initial public offering, three rated the stock as "buy" and two rated it as "hold." JPMorgan Chase & Co is the only securities firm that rated the stock as "underweight". It believes that Robinhood is in the process of supervision and regulation.
New debtor Gang Rak: If the US economy continues to do this, it will be a matter of time before it is surpassed by China
Jeffrey Gunlach, CEO of Double Tier Capital and known as the “New Debt King,” said in an interview on Monday that the way the US currently runs its economy doesn't seem to care whether the US dollar will lose its position as a global reserve currency. If the US economy continues to operate in this way, it will be a matter of time before China overtakes it. Gunlak reiterated his long-held view that the dollar will depreciate further against other currencies in the next few years, and blamed the current situation on America's current economic policies. “The way our economy is running now almost makes people think that we have no interest in maintaining our position as a global reserve currency,” he said.
Apple Inc employees set up their own website to expose sexual harassment and discrimination to promote change.
A group of Apple Inc employees set up a website for their colleagues to share their experiences of sexual harassment, discrimination and other unfair treatment at the company. The website, called AppleToo, aims to allow Apple Inc employees to share stories of gender discrimination and racial discrimination, harassment and retaliation, and let the tech giant take more responsibility in the face of a model of "isolation, degradation and gas lamp effect". Translation note: the so-called "gas lamp effect" (gaslighting) refers to the manipulator's attempt to make the other party question his own perception of reality in order to achieve the purpose of psychological manipulation. The word comes from the release in 1944.
Pfizer Inc will acquire Trillium, a maker of cancer drugs, with an equity value of US $2.3 billion
Pfizer Inc, maker of COVID-19 vaccine, will acquire all of its unowned shares in Trillium Therapeutics Inc., a maker of immune cancer drugs, with an equity value of $2.26 billion. Pfizer Inc will buy Cambridge, Massachusetts-based Trillium for $18.50 a share, the two companies announced on Monday. This price represents a premium of 118% over its 60-day weighted average price. Pfizer Inc invested 25 million US dollars in Trillium last September.
Nearly 3 million people in the United States petition and issue stimulus checks for $2000 a month.
Nearly 3 million people in the United States have signed a petition calling on the government to issue a $2000 monthly stimulus check to support American families as the epidemic continues to spread. The petition was first posted on Change.org last year and was initiated by Stephanie Bonin, the owner of a restaurant in Colorado. The petition is getting more and more attention, especially since the Delta variant began to spread in the United States in May. In the petition, Bonin wrote: "I call on Congress to support the family and immediately pay 2% to each adult."
Sydney Airport rejects the $16.8 billion acquisition offer raised by the consortium: we are worth more
Sydney Airport Holdings Limited announced on Monday that it had rejected a new A $22.8 billion (US $16.81 billion) offer from a consortium of infrastructure investors and said it was willing to accept a higher offer. The new offer values Sydney airport at A $8.45 a share, 2.4 per cent higher than the consortium's offer of $8.25 a share last month and more than a 9 per cent premium to Sydney airport's closing price on Friday. A month ago, IFM Investors, QSuper and Global Infrastructure Partn
The popularity of Chinese hip-hop promotion companies has increased nearly eightfold in three days after the listing of pop culture.
Some stocks perform very well after the IPO. But the 790% increase cannot be described simply by "very good". It is completely unthinkable. Pupu culture is the latest unthinkable and has quickly become a candidate for a stock market boom. The hip-hop culture company went public on Wednesday at $6 a share, with a market capitalization of about $140 million. By Friday, the stock had risen about 790%, with its market capitalization soaring to $1.27 billion. The stock jumped 405% on its first day of trading on Wednesday, ranking fifth in the history of the u.s. stock market, according to aggregated data. At the top of the list is 100 million express services, which went on sale in May.
It is reported that Tesla will pay the chip supplier in advance and consider buying the chip factory.
Tesla plans to make advance payments to its chip suppliers to ensure the supply of this critical material and overcome global chip shortages, according to people familiar with the matter. The company is also considering buying a chip factory, the source said.
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