Sydney has a new look: eerily empty streets, abandoned beaches and silent cafes, as residents embrace a self-imposed lockdown amid Victorias second wave.There have been reports of a significant drop in people attending pubs and clubs over the weekend, with venues saying they’ve even closed earlier due to lack of business.
Transport NSW officials have reported 60 per cent of passengers wearing masks — a significant increase in the wake of Victoria’s recent outbreak – while an on-duty Liquor and …
5 Stocks Robinhood Investors Can’t Stop Buying – Motley Fool
No stocks have been more popular with Robinhood’s millennial investors over the past month.
When the curtain closes on 2020, few investors will be sad to see it leave. The coronavirus disease 2019 (COVID-19) pandemic has led to the most volatile equities market in history. During the first quarter, the benchmark S&P 500 lost 34% of its value in less than five weeks. This has been followed by a ferocious rally off of the March 23 lows, as well as more than 30 new all-time highs from the technology-heavy Nasdaq Composite.
Interestingly, volatility can actually be a great thing for l…
SoftBank swings to profit after record loss as Vision Fund recovers – CNBC
SoftBank is back in the black with a $12 billion profit after important Vision Fund bets recovered.
SoftBank Group posted a $12 billion quarterly profit on Tuesday after reporting historic losses of $13 billion for its last fiscal year.
The recovery is largely down to rising valuations of SoftBank Vision Fund bets like Uber and Slack, which saw their share prices rally during the April to June quarter as U.S. tech stocks soared during the coronavirus pandemic.
The SoftBank Vision Fund, which reported an $18 billion loss last year, recorded an investment gain of $2.8 billion for this quarter…
Young Investors Face High Risks As Many Flock To Stock Trading – NPR
Stock trading has become easier and cheaper than ever. And people stuck at home during the pandemic have flocked to it. But have venues like Robinhood made it too risky for inexperienced investors?
Stock trading has become easier and cheaper than ever. But have venues like Robinhood made it too risky for inexperienced investors?
Jim Watson/AFP via Getty Images
Stuck at home this spring, University of Nebraska student Alexander Kearns spent his empty hours buying and selling stocks online, learning as much as he could about investing.
“He sounded like a kid that was really, really excited to be studying something that he found interesting,” says Bill Brewster, his cousin by marriage.
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