Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney said its Disney+ streaming service now has 86.8 million subscribers, a number it says could grow to 260 million by 2024. The company said over the past 2 months, the service has added more than 13 million subscribers.
The Seattle Metro looks to a 9.7 % increase in prices in 2021 getty Realtor.com looks to a strong seller’s market in 2021 in it’s Housing Market Predictions and Forecast. The median price is forecasted to rise 5.7% hitting a historic high. Mortgage rates for 2021 will go up later in the year to around
An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Oracle is the latest tech company to move its headquarters out of California. The company said on Friday it’s moving its headquarters from the Silicon Valley to Austin, Texas. “Oracle is implementing a more
Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal
December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the net proceeds
The temporary conditional exemption is still not widely used, said Michael Decker, senior vice president of policy and research at Bond Dealers of America. A bump in overall municipal issuance in October caused the number of deals using a temporary exemption that allows municipal advisors to arrange certain private placements, to increase nearly threefold, sources
Hopes were rising in London and Brussels on Sunday that a post-Brexit trade deal can be rescued, but there were warnings that the EU and UK remained “far apart” on key issues and that talks could go to the wire. Boris Johnson, UK prime minister, and Ursula von der Leyen, European Commission president, agreed in
Municipal bonds firmed by one to two basis points on Friday, only the second time this month that triple-A benchmarks moved in any direction, as lower-than-usual December supply has kept municipal rates historically low. Triple-A benchmarks have only moved three basis points in total since the beginning of the month. Investors will see a $9
Talks to unlock a post-Brexit EU-UK trade deal continued late into Saturday night in Brussels and are expected to resume on Sunday, as a deadline for assessing the state of negotiations looms. Boris Johnson, UK prime minister, and Ursula von der Leyen, European Commission president, will speak on Sunday to assess whether there is any
Jeffrey Ubben Source: BusinessWire Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company. His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%. For-profit
Check out the companies making headlines in midday trading. Snowflake — Shares of the data-warehousing software maker slid more than 4% after Deutsche Bank downgraded the stock a hold rating. “Pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year,” the firm
KB Homes’ optional “Home Office Package,” available in homes throughout their footprint. Many … [+] builders are now offering such packages, and are finding strong demand. Photo Credit: Applied Photography The work-from-home trend is going to change the landscape. Literally. Homebuilders today are developing on land that would ordinarily be a “long commute,” and the
The CEO of real estate firm CBRE told CNBC on Friday he expects the coronavirus pandemic to have created a lasting impact on offices — but he’s hardly envisioning a doomsday outcome. “You’ll see a hybrid scenario. Lots of returning to the office. We think 80%-plus of that occupancy, if not more, will come back,”
New York State’s looming budget gaps driven by coronavirus-related revenue losses have put it at risk for another credit downgrade. S&P Global Ratings revised the outlook on New York’s general obligation bonds to negative from stable Friday afternoon, citing near-term risks for declining tax revenues in the current 2021 fiscal year budget and in 2022.
UK drugmaker AstraZeneca has agreed to buy US biotechnology group Alexion in a $39bn deal, marking the biggest deal struck by a pharmaceutical company since the start of the Covid-19 pandemic. The cash-and-stock takeover announced on Saturday shows the Anglo-Swedish company’s determination to strengthen its position in immunology, already a core focus, alongside cancer treatments