Markets

Tesla overtakes Facebook to become the 5th-most-valuable company in the S&P 500

10 days ago   |   By Business Insider

Tobias Schwarz/AFP via Getty Images, Sven Hoppe/Picture Alliance via Getty Images
Tesla overtook Facebook on Thursday to become the fifth-most-valuable company in the S&P 500. Tesla's market capitalization of $767 billion was greater than Facebook's $765 billion, as of Thursday afternoon trades. Tesla is already up as much as 15% year-to-date, and the surge in the stock has cemented Musk as the richest man in the world. Watch Tesla trade live here. Tesla is now the fifth-most-valuable company in the S&P 500, overtaking Facebook at that position in Thursday's trading session. Tesla's market...
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Dow, S&P 500 close at record highs on hopes for additional Democrat-backed stimulus

10 days ago   |   By Business Insider

Getty/Brendon Hoffman
All major US equity indexes closed at record highs on Thursday as Democrats' victories in Georgia Senate runoffs bolstered hopes for additional fiscal stimulus. Democrats' dual victories in Georgia Senate runoffs pave the way for the Biden administration to pass sweeping fiscal support in early 2021. A joint session of Congress confirmed Biden's win early Thursday morning, just hours after a pro-Trump mob stormed the Capitol. The move eased some concerns around the violent riots. Filings for unemployment benefits totaled an unadjusted 787,000 for the week that ended...
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The S&P 500 will climb another 10% as the Democrat-controlled government passes new stimulus, Credit Suisse says

10 days ago   |   By Business Insider

AP Photo/J. Scott Applewhite
Credit Suisse analysts lifted their S&P 500 target to 4,200 from 4,050 on Thursday, citing Democrats' victories in Georgia Senate runoff elections as key to ushering in additional fiscal stimulus. The new target implies a roughly 10% climb from current levels. The bank expects President-elect Biden to pass fresh fiscal support that includes another round of direct payments for Americans. New stimulus "will further fan these flames" of pent-up consumer demand as the economy reopens, the team added. Visit the Business Insider homepage for more stories. Democrats'...
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Jetcraft welcomes Todd Spandler as the new Sales Director

Jetcraft welcomes Todd Spandler as the new Sales Director

Jetcraft, one of the world leaders in business jet sales and acquisitions, strengthens its American presence by appointment Todd Spangler as Sales Director for Florida, Central... Read more ...

WTM Latin America announces a new director for the event

WTM Latin America announces a new director for the event

As of January 15 the Latin American event in WTM's portfolio will have a new director, with Simon Mayle having been chosen to take up the position. Given the new challenges the... Read more ...

Sunday's Best Deals: Compustar 2-Way Remote Start System, USB C Fast...

Sunday's Best Deals: Compustar 2-Way Remote Start System, USB C Fast Chargers, Trunk Organizer & Cooler Combos, Office Rolling Chair, Skincare Tools & Products, Infrared Thermometer, and More

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Lemon Tree Hotels launches its second property in South Indian city, Vijayawada

Lemon Tree Hotels launches its second property in South Indian city, Vijayawada

Lemon Tree Hotels Limited, through its management subsidiary Carnation Hotels Pvt. Ltd., announced the opening of Lemon Tree Premier, Vijayawada. This is the second property of... Read more ...

China reports new cases of COVID-19

China reports new cases of COVID-19

China on Sunday reported 109 new confirmed COVID-19 cases, two-thirds of them in a northern province that abuts Beijing, and no deaths. There were 72 new cases in Hebei... Read more ...

Fry or Reheat Almost Any Two Dishes Simultaneously the Healthier Way With...

Fry or Reheat Almost Any Two Dishes Simultaneously the Healthier Way With 58% off This 5-Quart GoWise Air Fryer

GoWise 8-in-1 5-Quart Digital Air Fryer with Divider | $55 | MorningSave Read more ...

The Best Restaurants in Los Cabos

The Best Restaurants in Los Cabos

The abundance of luxury hotels and resorts, year-round sunshine and beautiful scenery combine to make Los Cabos one of the most sought after vacation destinations for travelers... Read more ...

The Most Romantic Valentine's Day Hotels

The Most Romantic Valentine's Day Hotels

Dreaming of a Valentine's Day escape? With travel restrictions in full force, it may be a little while before some of us can jet away to a romantic destination. However, there... Read more ...

How to Spend a Long Weekend in Prague

How to Spend a Long Weekend in Prague

With Michelin-starred restaurants, luxury hotels and excellent shopping, there's something in this guide to Prague for everyone. It's no wonder it is so often cited as one of... Read more ...

At $11,990, Does This 2016 Chevy Sonic RS Turbo Sound Like A Good Deal?

At $11,990, Does This 2016 Chevy Sonic RS Turbo Sound Like A Good Deal?

As an example of the last subcompact model sold in the U.S. to have actually been built in the U.S., today's Nice Price or No Dice Sonic is a small car that's kind of a big... Read more ...