Africa

Pandemic-related stocks from Zoom to Moderna jump as new coronavirus variant raises alarms and triggers lockdowns

3 days ago   |   By Business Insider

Moderna's COVID-19 vaccine. Matthias Bein/picture alliance via Getty Images
Shares of companies that benefitted from the pandemic rallied Friday amid the discovery of a new coronavirus variant.
The stock prices of vaccine makers surged, including Moderna, Pfizer and BioNTech.
Stay-at-home stock plays like Zoom Video and Peloton also jumped as new lockdowns loom.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Shares of companies that benefitted from the pandemic rallied Friday as the discovery of a new coronavirus variant in South Africa raised alarms and...
Read more ...

 

Bitcoin slides, metaverse coins hammered as fears about new COVID variant drive investors to dump crypto

3 days ago   |   By Business Insider

Covid-19 Andriy Onufriyenko
Bitcoin lost 8% Friday to touch its lowest level in two months, as cryptos fell across the board.
The discovery of a new, potentially vaccine-resistant COVID-19 variant drove investors to dump riskier assets.
Metaverse-linked coins plunged, reversing a recent rally, as sand dropped 4.2% and mana lost 10.8%.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Bitcoin , ether and metaverse-linked coins mana and sand were all knocked down in a broad-based crypto sell-off Friday as worries about the impact of a new COVID-19 variant prompted...
Read more ...

 

Oil tumbles by the most in 4 months after new Covid variant heightens fears over global demand outlook

3 days ago   |   By Business Insider

Oil wells at near Moorpark, California. David McNew/Getty Images
Oil fell by more than 6% on Friday, as investors ditched riskier assets after the emergence of a new Covid variant.
Both Brent and WTI futures were heading for their largest one-day fall since mid-July this year.
"We can very, very quickly go from a very tight market to an oversupplied market," Saxo Bank's Ole Hansen said.
Oil prices were already heading for a weekly loss, after the United States released some crude from its Strategic Petroleum Reserve to try to temper sky-high energy prices. But after South African...
Read more ...

 


Search by Tags

   Africa      Markets      MI Exclusive      COVID      Covid and economy      COVID and stock market      Covid and stocks      Covid economy      Moderna      Moderna stock      Moderna stock price      Pfizer      Pfizer stock      Pfizer stock price      Zoom      Zoom stock      Zoom stock price      Peloton      Peloton stock      Peloton stock price      South Africa variant      Lockdown      Crypto      Crypto adoption      Crypto allocation      Ethereum      Bitcoin      Ether      Eth      ETH price      Btc      BTC price      BTC-USD      Sand      MANA      Decentraland      Sandbox      Cryptocurrency      Cryptocurrencies      Crypto assets      Metaverse      COVID-19      Covid-19 cases      Fall      Wellness      California      Reservation      Reservations      Oil      Crude Oil      OPEC      OPEC Deal      Brent Crude      WTI Crude      Commodities  


US stocks bounce back from sell-off as panic over Omicron variant eases

Stocks have risen sharply over the last year, helping the Dow Jones finally break the 36,000 barrier. Xinhua News Agency/Getty Images US stocks jumped above 1% on Monday... Read more ...

5 steps to start researching and buying stocks like the Wall Street pros

Risk tolerance and budget are two key factors that should inform your stock research. Terry Vine/Getty Your budget, investment style, and risk tolerance should guide your stock... Read more ...

A little known altcoin called omicron is surging as the new coronavirus...

Getty Images A little-known altcoin called omicron surged to a record high as the new coronavirus variant make headlines. The price of omicron, whose ticker is omic, peaked at... Read more ...

Binance restarts dogecoin withdrawals following technical glitch and CEO's...

Binance SOPA images Binance said Monday investors could resume withdrawing dogecoin after it fixed a technical glitch. The crypto exchange halted withdrawals for about two... Read more ...

Jack Dorsey is expected to step down as Twitter CEO, CNBC reports

MARCO BELLO/AFP via Getty Images Jack Dorsey is expected to step down from his role as CEO of Twitter, CNBC reports. Shares of the social media company jumped more than 10% in... Read more ...

Adult diaper sales in China could exceed infant diaper sales by 2025...

Some diaper manufacturers are reportedly preparing for an adult diaper sales boom in China. VCG/VCG via Getty Images Sales of adult diapers in China could exceed infant diapers... Read more ...

'Fox & Friends' hosts baselessly suggested that Democrats are making up new...

Will Cain, Rachel Campos-Duffy and Pete Hegseth on 'Fox & Friends'. James Devaney/GC Images The hosts of "Fox & Friends" accused Democrats of inventing new coronavirus... Read more ...

Sunday Set A New Pandemic Travel Record, TSA Reports

It surpassed the record set by Thanksgiving travelers days earlier. Read more ...

Asolo: A Sparkling Day Trip From Venice

Here's why: An ancient hilltown awaits discovery Although there is only one Venice, this tiny medieval town at the foothills of the Dolomite Mountains is considered among the... Read more ...

Japan, Australia, the United States and Canada block African countries to...

Japan, Australia, the United States and Canada block African countries to fight against Omicron

The major travel destinations including the European Union, Japan, Australia, the United States and Canada have moved to block flights from African countries following the... Read more ...