• US contracts to buy homes decline, still a January record

    1 month ago - By Chron

    SILVER SPRING, Md. - The number of Americans who signed contracts to buy homes declined again with the number of properties for sale not matching the surging demand in the U.S.
    The National Association of Realtors' index of pending home sales fell 2.8% to 122.8, which was still a record high for the month. December's index, which was also a record high, was revised upward.
    Despite the recent declines, contract signings are still 13% ahead of where they were last year at this point, a sign that the housing market remains strong despite the widespread economic damage caused by the...
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  • Orders for U.S. durable goods climb 3.4% in January

    1 month ago - By Chron

    WASHINGTON -
    Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. A category that tracks business investment posted a more modest gain, the Commerce Department rpeorted Thursday.
    Orders for goods meant to last at least three years have now risen nine straight months, another sign that manufacturing has proven resilient in the face of the coronavirus pandemic. The January gain - triple what economists had expected - followed upticks of 1.2% in December and 1.3% in November.
    Orders for civilian aircraft and parts jumped...
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  • Why security experts were blindsided by the SolarWinds attack

    1 month ago - By Fast Company

    The massive cyberattack on U.S. government agencies and corporations took advantage of the fact that the public and private sectors can't easily share threat information.
    The SolarWinds cyberattack on U.S. government agencies and private organizations was and is frightening in its scale and success. It proved no match for the government agencies charged with defending against such things, and brought into sharp focus the fact that the government's current model for responding to cyberthreats is lacking.
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  • GameStop stock is surging again, but Reddit isn't the reason this time

    1 month ago - By Fast Company

    The stock more than doubled yesterday-the question is, “Why?”
    For those thinking the GameStop stock surge was over, think again. GameStop shares have had an incredible 24 hours. Yesterday the stock surged over 103% to $91.71 per share. Will that doubling happen again today? You never know, but things are moving in that direction. As of the time of this writing GameStop shares are up 83% in pre-market trading.
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  • What To Expect From ViacomCBS Stock After Its 9% Rally In A Week?

    1 month ago - By Forbes

    ViacomCBS stock jumped almost 9% in the last one week and has, in fact, completely outperformed the S&P 500 which declined 0.9% during this period. VIAC stock currently trades at $64 per share. The rise in stock price was driven by a couple of factors...
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  • GameStop surges another 58% along with top Reddit meme-stocks including AMC and Koss

    GameStop surges another 58% along with top Reddit meme-stocks including AMC and Koss

    1 month ago - By Business Insider

    Summary List Placement
    GameStop shares extended their rally early on Thursday, along with other Reddit favorites AMC and Koss.
    Renewed activity in GameStop led to an hour-long outage for Reddit - the hub of last month's frenzy.
    The company is back in focus after it announced the resignation of its CFO, Jim Bell.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    GameStop surged another 58% in early trading on Thursday, after the stock more than doubled the previous day , in a move that sent shares in other Reddit-favorites soaring.
    The stock rose to $144.08 per...
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  • GameStop's Frankfurt-Listed Shares Up More Than 200%, Outperforming Surge In U.S

    1 month ago - By Forbes

    The video game retailer's U.S.-listed shares were up 100% yesterday, raising the possibility of another social media fueled rally.
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