After mixed-to-lower action on Monday, theoverall market sell-off continued on Tuesday, as tech stocks dominated early action. The Dow Jones Industrial Average slid 1.55%. The tech-heavy Nasdaq Composite lost 0.5%, while the SP 500 tumbled over 1.13% Tuesday. Major stock ETFs are declining on ...

https://www.etftrends.com/stock-etfs-decline-inflationary-concerns/

#ETFTrends

So many peoplefrom U.S. President Joe Biden to U.K. Prime Minister Boris Johnson to World Bank Managing Director Axel van Trotsenburghave been exhorting us to Build Back Better after the COVID-19 pandemic that it is worth examining what is implied by the phrase. First, it suggests that the way we ...

https://www.brookings.edu/blog/future-development/2021/05/11/3-reasons-why-we-may-build-back-better-after-covid-19/

#BrookingsInstitution

Chinese refined metal imports have been trending lower since the start of the year and continued doing so in April.
Shortages of copper and declining inventories could drive prices to levels beyond current record highs unless scrap supplies increase scrap accounts for about a third of the roughly 30...

https://www.mining.com/copper-price-hits-new-high-on-declining-scrap-supplies/

#mining

Photo by Vjeran Pavic / The Verge

Microsoft is introducing a new Console Purchase Pilot program that will give selected Xbox Insider members the chance to register to reserve an Xbox Series X or Series S console directly from the company through their existing Xbox One consoles.
The new program is...

https://www.theverge.com/2021/5/11/22430807/microsoft-xbox-series-x-s-xbox-insider-members-pilot-program-scalpers

#TheVerge

The US continues to lag far behind Europe and China on a powerful source of renewable energy.Over the last two decades, the US has seen incredible growth in renewable energy: Roughly a 12,000% increase in the installed capacity of solar panels and 4,800% for onshore wind turbines. But offshore wind ...

https://qz.com/2007713/the-us-approves-its-first-major-offshore-wind-farm/

#Quartz

Needham analyst Gil Blum assigned a Buy rating to Generation Bio (GBIO) today and set a price target of $50.00.
The post Needham Assigns a Buy Rating on Generation Bio (GBIO) appeared first on Smarter Analyst.
Needham analyst Gil Blum assigned a Buy rating to Generation Bio (GBIO) today and set a ...

https://www.smarteranalyst.com/new-blurbs/needham-assigns-a-buy-rating-on-generation-bio-gbio/

#SmarterAnalyst

In a report released today, Michael Pachter from Wedbush reiterated a Buy rating on Playtika Holding (PLTK), with a price target of $42.00.
The post Playtika Holding (PLTK) Gets a Buy Rating from Wedbush appeared first on Smarter Analyst.
In a report released today, Michael Pachter from Wedbush ...

https://www.smarteranalyst.com/new-blurbs/playtika-holding-pltk-gets-a-buy-rating-from-wedbush/

#SmarterAnalyst

The news:Seattle mobile remittance startup Remitly landed an undisclosed equity investment from Visa. The companies previously partnered in 2019 and have extended that partnership. The investment comes as Remitly is reportedly preparing to go public. Total funding to date in the 10-year-old company...

https://www.geekwire.com/2021/remitly-lands-investment-visa-amid-reports-ipo-preparation/

#GeekWire

Here's what to make of the Rogers Communications (TSX:RCI)(NYE:RCI) deal for Shaw Communications (TSX:SJR)(NYSE:SJR).
The post Could a 5G Bidding War Be Possible for Shaw? appeared first on The Motley Fool Canada.

The competition among 5G players has intensified as the demand for high-speed ...

https://www.fool.ca/2021/05/11/could-a-5g-bidding-war-be-possible-for-shaw/

#MotleyFoolCanada

Removing Trump's social media megaphone has apparently had a major impact on his ability to communicate with the public.

Getty

Trumps new blog is apparently not very popular.
The blog has only seen a little over 212,000 engagements in its first week.
When he still had Twitter, Trump used to ...

https://www.businessinsider.com/trump-new-blog-hardly-anyone-is-reading-it-2021-5

#Insider

The Cupertino, California-based technology giant on Tuesday said in a statement that it prevented more than $1.5 billion in potentially fraudulent transactions last year, underscoring the need for its proprietary payment system at the heart of the on-going antitrust trial with Epic...

https://www.hindustantimes.com/business/apple-defends-app-review-payment-system-to-deflect-epic-claims-101620753838689.html

#hindustantimes

The company is to be acquired by a Canadian rival.Shares of Domtar (NYSE: UFS) traded up 15% on Tuesday after the paper manufacturer announced it has agreed to be acquired by Canadian rival Paper Excellence for nearly $3 billion.Paper Excellence is a privately held British Columbia-based ...

https://www.fool.com/investing/2021/05/11/why-domtar-stock-is-soaring-today/?source=iedfolrf0000001

#fool

In 2016, Oasis was the subject of a documentary that chronicled their meteoric rise, which culminated with a pair of gigs in August 1996 at Knebworth in the UK. Over 4% of the country tried to get one of the 250,000 tickets that were available. As you can imagine, it was epic and the crowd In...

https://www.spin.com/2021/05/oasis-announce-1996-knebworth-concert-documentary/

#SPIN

The freshly public fintech specialist reported its fiscal third-quarter results.Shares of Affirm (NASDAQ: AFRM) tanked as much as 18% on Tuesday after the company reported fiscal third-quarter earnings. The results were mixed compared to Wall Street's expectations, as Affirm recognized significant ...

https://www.fool.com/investing/2021/05/11/why-affirm-stock-tanked-on-tuesday/?source=iedfolrf0000001

#fool

TSX copper stocks: Amid the impending economic recovery, the industrial metal could continue to soar higher in 2021 and beyond.
The post $1,000 Invested in This TSX Copper Stock Last March Turned Into $15,000 Today appeared first on The Motley Fool Canada.

Copper prices have been riding higher for ...

https://www.fool.ca/2021/05/11/1000-invested-in-this-tsx-copper-stock-last-march-turned-into-15000-today/

#MotleyFoolCanada

Countries with much higher vaccination rates than the U.S. are experiencing some of the worst coronavirus spikes.
Countries with much higher vaccination rates than the U.S. are experiencing some of the worst coronavirus spikes...

https://www.forbes.com/sites/roberthart/2021/05/11/covid-surges-in-4-of-5-worlds-most-vaccinated-countries-heres-why-the-us-should-worry/

#ForbesBusinessNews

KFC is showcasing its consumer base's love for chicken in a new campaign, including the return of its "Finger Lickin' Good" slogan. As restaurants reopen across the U.K., the latest ad from Mother will promote the KFC original recipe with "Your Chicken Could Never," which looks at the love it ...

https://www.adweek.com/agencies/kfcs-finger-lickin-good-slogan-returns-to-lead-new-campaign/

#Adweek

Shortages of key materials left US factories struggling to meet surging consumer demand. A similar problem is now emerging as firms look to hire.

Shelves with toilet paper and disinfecting wipes are nearly empty at a Pavilions supermarket in South Pasadena on March 11, 2020 in Los Angeles, ...

https://www.businessinsider.com/employment-outlook-labor-shortage-similar-supply-constraints-bottlenecks-factories-jpmorgan-2021-5

#Insider

Plane Talk: This league table shows just how much ground has to be made up if the government is serious about helping airports and airlines...

https://www.independent.co.uk/travel/news-and-advice/flights-uk-scilly-channel-islands-b1845774.html

Shares of 3D Systems jumped after the provider of 3D-printing solutions reported first-quarter results ahead of analyst estimates.Shares of 3D Systems jumped after the provider of 3D-printing solutions reported first-quarter results ahead of analyst estimates.Shares of 3D Systems (DDD) - Get ...

https://www.thestreet.com/investing/3d-systems-jumps-on-earnings-beat

#thestreet

Cutting-edge semiconductors are the most complex objects that humans make. Host Hal Hodson and Tim Cross, The Economists technology editor, delve into the secretive science that powers a growing portion of economic activity and the world-leading yet precarious work of TSMCthe company that dominates ...

https://play.acast.com/s/theeconomistbabbage/babbage-chipsandblocks

#TheEconomistPodcast

Today's column addresses questions about whether Social Security spousal benefits might be available before their spouse takes their retirement benefits, why spousal benefits were terminated after filing for retirement benefits and how to determine when to file for maximum benefits.Today's column ...

https://www.forbes.com/sites/kotlikoff/2021/05/11/ask-larry-cant-my-wife-take-spousal-benefits-before-i-file-at-70/

#Forbes

There are many reasons beyond the $300 a week federal unemployment benefit driving worker shortages.There are many reasons beyond the $300 a week federal unemployment benefit driving worker shortages...

https://www.forbes.com/sites/shaharziv/2021/05/11/heres-why-300-a-week-unemployment-benefits-arent-driving-worker-shortages/

#Forbes

Canada sold $3.5 billion of a
5-year U.S. dollar global bond at a spread of 6 basis points
above the U.S. Treasury benchmark, a term sheet showed on
Tuesday...

https://www.reuters.com/article/canada-debt-us-dollar/canada-sells-3-5-bln-5-year-u-s-dollar-global-bond-first-since-pandemic-idUSL1N2MY22Q

#Reuters

, a leading global medical technology company, announced that its Board of Directors have unanimously authorized management to go ahead with a plan to spinoff the Diabetes Care business into an independent, publicly traded company (NewCo)., a leading global medical technology company, announced that...

https://www.forbes.com/sites/joecornell/2021/05/11/becton-dickinson-to-spin-diabetes-care-unit-in-2022/

#forbes

BEIRUT (AP) - The U.S. Treasury Department on Tuesday imposed new sanctions on seven Lebanese linked to the militant Iran-backed Hezbollah group and its financial arm. The measures are the latest against Hezbollah, which Washington considers a terrorist group and has targeted with penalties for ...

https://apnews.com/article/hezbollah-middle-east-lebanon-financial-markets-business-3056889c5315ebe82a2db64d2041765e

#APNews

A big hotel in downtown San Jose is being offered for sale, according to a marketing brochure.SAN JOSE The Westin San Jose, a landmark downtown hotel also known as The Sainte Claire, is up for sale in a deal that could demonstrate the strength or underscore the fragility of the Bay Area lodging ...

https://www.mercurynews.com/2021/05/11/westin-san-jose-hotel-downtown-sainte-claire-sale-covid-real-estate/

#TheMercuryNews

The resurgence of COVID-19, particularly in India, and the Thai government's reported move to sell natural rubber through local tenders impacted markets in April...

https://www.rubbernews.com/financial/thai-nr-tender-covid-19-resurgence-add-april-price-woes

#rubbernews

Trade Desk lost more than 25% of its valuation in one day after reporting earnings. Is this a buying opportunity?In today's video, I lookatTrade Desk (NASDAQ: TTD) earnings. The stock price dropped over 25% in one day after the company reported earnings on May 10 that did better than expected. Below...

https://www.fool.com/investing/2021/05/11/is-this-a-buying-opportunity-for-trade-desk-stock/?source=iedfolrf0000001

#fool

Needham analyst Chad Messer assigned a Buy rating to Gamida Cell (GMDA) today and set a price target of $14.00.
The post Gamida Cell (GMDA) Gets a Buy Rating from Needham appeared first on Smarter Analyst.
Needham analyst Chad Messer assigned a Buy rating to Gamida Cell (GMDA) today and set a price ...

https://www.smarteranalyst.com/new-blurbs/gamida-cell-gmda-gets-a-buy-rating-from-needham-2/

#SmarterAnalyst

Any move by the U.S. Federal Reserve to
limit its support for the economy because of surging asset
prices would damage the conditions the central bank is helping
create to spur job growth and the help millions still unemployed
due to the pandemic find work, Fed Governor Lael Brainard said
on Tuesday...

https://www.reuters.com/article/usa-fed-brainard-assets/brainard-pulling-back-support-due-to-high-stocks-may-hurt-efforts-to-boost-jobs-idUSS0N2LF00J

#Reuters

Dear fellow investors, Q1 2021 hedge fund letters, conferences and more But it is not a price sensitive economy right now in the least. And I dont know exactly how one shows up in different price indices, but theres more inflation going on, quite a bit more inflation going on that people would have ...

https://www.valuewalk.com/signs-inflation-just-start/

#ValueWalk

84-turbine site off Massachusetts will be capable of generating power for 400,000 homes and businessesJoe Bidens administration has approved the construction of the USs first large-scale offshore windfarm, with 84 turbines to be erected off the coast of Massachusetts.The approval of the project, ...

https://www.theguardian.com/environment/2021/may/11/biden-administration-approves-first-major-us-offshore-windfarm

#theguardian

Wall Street---s main indexes slide for the second straight day with Iseq also in decline...

https://www.irishtimes.com/business/markets/european-stocks-mark-worst-sell-off-this-year-as-ravel-and-tech-tumble-1.4562248

#irishtimes

SANTA FE, N.M. (AP) - New Mexico has joined several other states that have reinstated the work search requirement for people who receive unemployment payments.Starting this week, state labor officials said claimants must verify that they have made at least two work search contacts per week to ...

https://apnews.com/article/new-mexico-coronavirus-pandemic-government-and-politics-health-business-39580eb37c934dacac2e5696264f8279

#APNews

ALBANY, N.Y. (AP) - Despite a massive vaccination campaign, New York nursing homes are still reporting hundreds of infections a week as some residents and staff have skipped getting the shots.Nursing facilities in the state reported 782 infections among staff and residents in the 14 days ending ...

https://apnews.com/article/nyc-state-wire-business-nursing-homes-coronavirus-pandemic-health-ec5853c2ec5afda6c3ff33ee06c39047

#APNews

JEFFERSON CITY, Mo. (AP) - The Missouri House in an unusual move Tuesday passed a pared-down school voucher bill after a similar measure when to the governor's desk last week...

https://apnews.com/article/michael-brown-business-school-vouchers-bills-government-and-politics-5c58eef4045bf64238273a7694bc0b60

#APNews

TAMPA, Fla. (AP) - Police said a Dunkin' store employee fatally punched a 77-year-old customer in Florida after the employee said the man repeatedly used a racial slur against him.The victim, a man who police did not name, was punched May 4 and died Friday...

https://apnews.com/article/ma-state-wire-race-and-ethnicity-business-25d30980f53c3625522933a4d2c99306

#APNews

Stocks were falling broadly on Tuesday, led by banks, a wide range of retailers and big technology stocks as inflation remains a growing concern among investors. Any significant acceleration of inflation would be a drag on the overall market and could crimp the broader economic recovery. The S&P 500...

https://chinapost.nownews.com/20210512-2462707

#TheChinaPost

The son of a Jewish father and a Guatemalan mother, Goldman grew up mostly in working class suburbs of Boston. His new novel draws on his own experiences, including being physically abused by his dad.The son of a Jewish father and a Guatemalan mother, Goldman grew up mostly in working class suburbs ...

https://www.npr.org/2021/05/11/995817221/novelist-francisco-goldman-revisits-his-difficult-childhood-in-monkey-boy

#NPRTopics

Has The Backlash Against Police-Bashing Begun?

Authored by Pat Buchanan,

Within hours of Saturdays shooting in Times Square where three bystanders, including a 4-year-old girl, were wounded, the two leading candidates to replace Mayor Bill de Blasio were on-site.

Brooklyn Borough President Eric ...

https://www.zerohedge.com/political/has-backlash-against-police-bashing-begun

#ZeroHedge

In the race to own China's EV market, NIO, XPeng, and Li Auto are catching up.Shares of electric car leader Tesla (NASDAQ: TSLA) are losing some steam Tuesday, falling as much as 5% in early trading and still down about 2.2% as we approach the noonday mark (EDT).What's ailing Tesla today? A couple ...

https://www.fool.com/investing/2021/05/11/why-tesla-stock-tumbled-again-today/?source=iedfolrf0000001

#fool

Lightspeed POS Inc (LSPD), a provider of cloud-based omnichannel commerce platforms, announced that it will provide Google tools directly within the Lightspeed platform, ...
The post Lightspeed Partners With Google To Help Small Businesses Increase Revenues appeared first on Smarter Analyst.

...

https://www.smarteranalyst.com/yahoo/lightspeed-partners-with-google-to-help-small-businesses-increase-revenues/

#SmarterAnalyst

Wall Street is adjusting expectations downward.Shares of Rekor Systems (NASDAQ: REKR) fell more than 20% on Tuesday following the company's quarterly earnings release. Investors were already nervous about the company heading into earnings season, and the results did little to reassure the skeptics....

https://www.fool.com/investing/2021/05/11/why-rekor-systems-stock-is-plunging-today/?source=iedfolrf0000001

#fool

Ethereum could keep surging, so here's why CI Galaxy Ethereum ETF (TSX:ETHX) is worth looking into.
The post Ethereum: How High Could This Stock Climb? appeared first on The Motley Fool Canada.

Ethereum, the second-most popular cryptocurrency, has outperformed its rival throughout 2021. Year to ...

https://www.fool.ca/2021/05/11/ethereum-how-high-could-this-stock-climb/

#MotleyFoolCanada

Jim Cramer weighs in on Victoria's Secret, BathBody Works and L Brands.Jim Cramer weighs in on Victoria's Secret, BathBody Works and L Brands.L Brands (LB) - Get Reportwill spin off Victoria's Secret and Bath & Body Works as two separate publicly-traded companies.Victoria's Secret will be run by CEO...

https://www.thestreet.com/jim-cramer/victorias-secret-spinoff-investor

#thestreet

A union representing some of the company's workers has called the phishing test a "cynical and shocking stunt."

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014.
Reuters/Mal Langsdon

UK train operator ...

https://www.businessinsider.com/phishing-cybersecurity-bonus-covid-west-midland-trains-employees-union-2021-5

#Insider