All The Latest News From Around The World

Dow Jones and S&P 500 Continue; Nasdaq Continues To Decline

Dow Jones and S&P 500 Grow; Nasdaq Continues To Decline

By Nicholas Price | May 10, 2021

The week started with a record surge for the Dow Jones Industrial Average. The index increased by 170 points, which is a record intraday high.  The boost was caused by various factors, including an increase in Dow Inc and Chevron shares. The S&P 500 also saw an increase, but the Nasdaq Composite fell by 0.8%;…

SPACS – Wall Street’s Hottest Trend

SPACs – Wall Street’s Hottest Trend

By Nicole | May 6, 2021

Last year the US markets saw 209 traditional IPOs (initial public offerings) and 248 SPACs (special acquisition purpose companies). These numbers alone are enough to describe SPACs as Wall Street’s hottest trend. Initially, Wall Street dubbed 2020 the ‘Year of the SPAC’, but they might have been a tad too hasty. In the first three…

Bill and Melinda Gates: How Will This High-Profile Divorce Affect Their Philanthropic Work?

Bill and Melinda Gates: How Will This High-Profile Divorce Affect Their Philanthropic Work?

By Nicole | May 5, 2021

On Monday, May 3rd, Bill and Melinda Gates have announced their divorce. The couple has been together for over 27 years and has “overseen one of history’s greatest fortunes and philanthropic operations.”   “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” Bill Gates…

Facebook Continues To Grow, Despite Tracking Troubles With Apple

Facebook Continues To Grow, Despite Tracking Troubles With Apple

By Nicole | April 29, 2021

Facebook, the world’s largest and most prominent social network, has recently announced its earnings for the 1st quarter of 2021. Earnings reports from public companies for the confusing first quarter of the year were much anticipated by traders.   Despite another successful quarter, Facebook remains a controversial company whose reputation amongst users and competitors has darkened over the…

US, Russia, China Commitments during Virtual Climate Summit 2021

US, Russia, China Commitments during the Virtual Climate Summit 2021

By Nicole | April 23, 2021

With the anniversary of the 51st Earth Day celebration that took place yesterday, President Joe Biden and 40 other world leaders attended the first day of the virtual Earth Day Summit to discuss the future of our planet. Biden administration’s ‘Leaders Summit on Climate’ was live-streamed on April 22nd and continues today on April 23rd.…

Johnson & Johnson - Despite Vaccine Troubles, Quarterly Earnings Are Above Expectation

Johnson & Johnson – Despite Vaccine Troubles, Quarterly Earnings Are Above Expectation

By Nicole | April 20, 2021

On Tuesday, the pharmaceutical giant Johnson & Johnson reported $100 million earnings in first-quarter sales of its Covid-19 vaccine, despite it being on hold in the U.S. and some European states. The group increased its quarterly dividends and narrowed its profit outlook for the current year.   Successful Quarter Despite Vaccine Troubles In the first…

Will Bitcoin's Rally End In A Crash As It Did in 2017?

Will Bitcoin’s Rally End In A Crash As It Did in 2017?

By Nicole | April 15, 2021

Four years ago, Bitcoin saw a colossal surge in demand and its value reached an all-time high, shocking both followers and skeptics. But back then, its record-breaking high was followed by a crash. Bitcoin has now reached new heights and is worth around three times as much as it was then. Could there be another…

The New Space Race and Opportunities for Profit

The New Space Race and Opportunities for Profit

By Nicole | April 12, 2021

Space exploration today is a long way from the US vs USSR space race in the 1960s. While America and the Soviet Union competed for national pride and military advantage, the new space race is founded on technological advances and economic opportunities. It is no longer a competition only between the two superpowers, but now…

Bank of America: Due to COVID-19, India catches up with Japan as one of the world's largest economies

Bank of America: Due to COVID-19, India catches up with Japan as one of the world’s largest economies

By Nicholas Price | April 9, 2021

India was originally supposed to become the third-largest economy in the world by 2028 – Bank of America has now changed this forecast due to COVID-19. India, with its high population density, is suffering severely from the pandemic but should still make the leap, only a little later than originally expected. The world’s largest economies…

The Future of the Aviation Industry

The Future of the Aviation Industry

By Tea | April 6, 2021

2020 has been one of the worst years of aviation history due to the COVID-19 pandemic. But the year 2020 is now behind us, and we are looking forward to a brighter tomorrow. All industries, including aviation, are putting all their efforts towards reviving the economy and resuming proper operations. According to IATA (International Air…