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The Dow Jones continued its surge mid-week with another big move to the upside. Bulls carried the Dow more than 1,000 points higher as Boeing flew 30% on hopes of a meaningful bailout. Renowned economist Mohamed El-Erian, who presaged the coronavirus crash, is not confident that the rally is sustainable The Dow Jones skyrocketed toward…
Buoyed by promises of a lofty $850 billion stimulus package, the U.S. stock market rallied aggressively on Tuesday. The Dow Jones was no exception, and it erased a good chunk of Monday’s historic 3,000 point loss. There has been some positive news in Europe, as coronavirus infections in Spain and Italy slowed overnight. The Dow…
AMD stock (NASDAQ: AMD) is up 152% year-to-date and CEO Lisa Su sees stronger years ahead. The firm won contracts from both Xbox and PS5, re-establishing its dominance in the semiconductor industry. Better technology has allowed the company to position for an extended rally. The semiconductor giant’s stock has increased by 152 percent year-to-date, re-establishing…
