TOP 5 STOCKS TO WATCH OUT TODAY 09 FEBRUARY 2021
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#Twitter #SoftBank #Tancent #Facebook #Apple
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#Twitter #SoftBank #Tancent #Facebook #Apple
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TOP 5 STOCKS TO WATCH OUT TODAY 09 FEBRUARY 2021 - Capital Street FX
TOP 5 STOCKS TO WATCHOUT
1.#TWITTER- Twitter Inc said on Wednesday it would not fully comply with orders from Prime Minister Narendra Modi's government to take down some accounts as it does not believe the orders are consistent with Indian law.
It has permanently suspended some accounts but for others, it has only restricted access within India and the tweets can still be read outside the country.
The U.S. social media giant has found itself in a heated no-win row with Modi's administration, which wants it to take down more than 1,100 accounts and posts that the government argues are spreading misinformation about months-long farmers' protests against new agricultural laws.
Some accounts, the government said, are backed by arch-rival Pakistan or are operated by supporters of a separatist Sikh movement.
The government has played hardball, sending Twitter a notice of non-compliance last week that threatens its executives with jail terms of up to seven years and the company with fines if it does not block the content.
Twitter said it had suspended more than 500 accounts that were engaging in clear examples of platform manipulation and spam, and had also taken actions on hundreds of others that breached its rules relating to the inciting of violence and abuse.
Others were geo-blocked, although Twitter did not go into detail on how it made decisions on which accounts to restrict.
"These accounts continue to be available outside of India," Twitter said. "Because we do not believe that the actions we have been directed to take are consistent with Indian law."
2.#TESLA :Electric-vehicle startup Rivian, which is backed by Amazon.com Inc and Ford Motor Co, is looking to go public as soon as September at a valuation of about $50 billion or more, Bloomberg News reported on Tuesday.
Rivian has been in talks with bankers about its plans, but the company's timeline for an initial public offering isn't final and a listing could happen later in the year or next year, Bloomberg News reported, citing people familiar with the matter.
The company declined to comment.
Rivian, which aims to put an electric pickup and SUV in production this year, announced last month a $2.65-billion investment round led by T. Rowe Price. The startup has said it has raised $8 billion since the start of 2019.
The company's deliveries of pickups would start in June, while those of SUVs would begin in August. Launch editions of the vehicles are priced at $75,000 and $77,500, respectively, with a 300-mile (480 km) driving range for both.
In 2019, Amazon ordered 100,000 electric vans from Rivian. The first Amazon vehicles went into production at Rivian's factory in Normal, Illinois in late 2021, with all deliveries to be completed by 2024.
3.#APPLE:-Apple Inc has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality (AR) devices, Nikkei Asia reported on Wednesday.
Apple is collaborating with TSMC, the sole supplier of iPhone processors, as micro OLED displays are far thinner, smaller and use less power, making them more suitable for use in wearable AR devices, the report said.
The displays under development are less than 1 inch in size, Nikkei added.
Bloomberg News in January reported that Apple was still working on underlying technologies for its AR glasses, codenamed N421. It said the product was several years away, citing sources, but added that Apple has previously targeted as early as 2023 to unveil it. The micro OLED project with TSMC is currently at the trial production stage and will take several years to achieve mass production, according to Nikkei.
4. #GOOGLE:- Alphabet Inc's YouTube said on Tuesday it has become the first digital platform to receive an accreditation from the Media Rating Council, signifying the streaming video service effectively protects its advertisers from appearing on content deemed inappropriate for paid ads.
1.#TWITTER- Twitter Inc said on Wednesday it would not fully comply with orders from Prime Minister Narendra Modi's government to take down some accounts as it does not believe the orders are consistent with Indian law.
It has permanently suspended some accounts but for others, it has only restricted access within India and the tweets can still be read outside the country.
The U.S. social media giant has found itself in a heated no-win row with Modi's administration, which wants it to take down more than 1,100 accounts and posts that the government argues are spreading misinformation about months-long farmers' protests against new agricultural laws.
Some accounts, the government said, are backed by arch-rival Pakistan or are operated by supporters of a separatist Sikh movement.
The government has played hardball, sending Twitter a notice of non-compliance last week that threatens its executives with jail terms of up to seven years and the company with fines if it does not block the content.
Twitter said it had suspended more than 500 accounts that were engaging in clear examples of platform manipulation and spam, and had also taken actions on hundreds of others that breached its rules relating to the inciting of violence and abuse.
Others were geo-blocked, although Twitter did not go into detail on how it made decisions on which accounts to restrict.
"These accounts continue to be available outside of India," Twitter said. "Because we do not believe that the actions we have been directed to take are consistent with Indian law."
2.#TESLA :Electric-vehicle startup Rivian, which is backed by Amazon.com Inc and Ford Motor Co, is looking to go public as soon as September at a valuation of about $50 billion or more, Bloomberg News reported on Tuesday.
Rivian has been in talks with bankers about its plans, but the company's timeline for an initial public offering isn't final and a listing could happen later in the year or next year, Bloomberg News reported, citing people familiar with the matter.
The company declined to comment.
Rivian, which aims to put an electric pickup and SUV in production this year, announced last month a $2.65-billion investment round led by T. Rowe Price. The startup has said it has raised $8 billion since the start of 2019.
The company's deliveries of pickups would start in June, while those of SUVs would begin in August. Launch editions of the vehicles are priced at $75,000 and $77,500, respectively, with a 300-mile (480 km) driving range for both.
In 2019, Amazon ordered 100,000 electric vans from Rivian. The first Amazon vehicles went into production at Rivian's factory in Normal, Illinois in late 2021, with all deliveries to be completed by 2024.
3.#APPLE:-Apple Inc has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality (AR) devices, Nikkei Asia reported on Wednesday.
Apple is collaborating with TSMC, the sole supplier of iPhone processors, as micro OLED displays are far thinner, smaller and use less power, making them more suitable for use in wearable AR devices, the report said.
The displays under development are less than 1 inch in size, Nikkei added.
Bloomberg News in January reported that Apple was still working on underlying technologies for its AR glasses, codenamed N421. It said the product was several years away, citing sources, but added that Apple has previously targeted as early as 2023 to unveil it. The micro OLED project with TSMC is currently at the trial production stage and will take several years to achieve mass production, according to Nikkei.
4. #GOOGLE:- Alphabet Inc's YouTube said on Tuesday it has become the first digital platform to receive an accreditation from the Media Rating Council, signifying the streaming video service effectively protects its advertisers from appearing on content deemed inappropriate for paid ads.
3. #APPLE :- Apple Inc has added a security feature across its operating systems to battle hacks into its devices that rely on incoming iMessages, it said on Thursday.
The "BlastDoor" feature processes incoming iMessage traffic and only passes on safe data to the rest of an Apple device's operating system, company officials said in a briefing.
Starting in 2016, a team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders, Reuters reported
Using a sophisticated spying tool called Karma, which relied on a flaw in Apple's iMessage system, they accessed iPhones without requiring the targets to click on anything to establish a connection. A new wave of attacks last year used similar tools to target journalists at Al Jazeera.
While largely invisible to users, BlastDoor is present on iOS 14, the most recent version of Apple's iPhone operating system, and systems for all its other devices, company officials said.
Apple held the briefing around the release of its annual security guide for cybersecurity researchers.
The latest update included new details on how many security features long found in iPhones are being brought over to Apple's Mac computer line, which in November began to integrate custom-designed processor chips after more than a decade of relying on Intel Corp processors.
4.#UBER:- Britain's Supreme Court will rule on Friday in a battle over workers' rights at taxi app Uber that could have ramifications for millions of people in the gig economy.
In a case led by two drivers, a London employment tribunal ruled in 2016 that they were due entitlements such as the minimum wage, paid holidays and rest breaks.
The Silicon Valley-based company appealed the decision all the way to Britain's top court which will provide its verdict from 0945 GMT on Friday.
Uber drivers are currently treated as self-employed, meaning that in law they are only afforded minimal protections.
If the firm loses, it could still take several months for the details to be worked out following a further employment tribunal hearing, depending on the nature of the Supreme Court's decision.
"It would involve them working out exactly how many hours they worked, how much they got paid for those hours and identifying occasions when that meant that they were paid less than the minimum wage," Matt McDonald, a partner who specialises in employment disputes at law firm Shakespeare Martineau.
"As an administrative job for the courts, it's a messy one," he said.
A total of 25 drivers form part of an expanded group who are part of the case. Uber has around 60,000 drivers in Britain, including 45,000 in London, one of its most important markets.
A win, however, would be a major boost to it and several transportation, delivery and courier companies which use a similar business model, including food service firm Deliveroo and taxi rival Addison Lee.
5.#AMAZON:-A group representing Amazon.com Inc , Facebook Inc and Alphabet Inc joined the U.S. Chamber of Commerce and others in filing suit on Thursday to challenge Maryland's first-in-the nation new digital advertising tax.
The Chamber, the largest U.S. business group; the Internet Association, which represents dozens of tech companies; the Computer & Communications Industry Association; and NetChoice filed suit in U.S. District Court in Maryland seeking an injunction to block the new tax adopted last week by the state legislature over the veto of Republican Governor Larry Hogan.
The suit calls the law "a punitive assault on digital, but not print, advertising. It is illegal in myriad ways and should be declared unlawful and enjoined."
State lawmakers estimate the tax could raise as much as $250 million a year after it takes effect. Other states are also considering taxing digital advertising.
Maryland State Senate President Bill Ferguson said in a statement it was "disappointing to see these companies spend millions on high-powered attorneys instead of paying their fair share."
The "BlastDoor" feature processes incoming iMessage traffic and only passes on safe data to the rest of an Apple device's operating system, company officials said in a briefing.
Starting in 2016, a team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders, Reuters reported
Using a sophisticated spying tool called Karma, which relied on a flaw in Apple's iMessage system, they accessed iPhones without requiring the targets to click on anything to establish a connection. A new wave of attacks last year used similar tools to target journalists at Al Jazeera.
While largely invisible to users, BlastDoor is present on iOS 14, the most recent version of Apple's iPhone operating system, and systems for all its other devices, company officials said.
Apple held the briefing around the release of its annual security guide for cybersecurity researchers.
The latest update included new details on how many security features long found in iPhones are being brought over to Apple's Mac computer line, which in November began to integrate custom-designed processor chips after more than a decade of relying on Intel Corp processors.
4.#UBER:- Britain's Supreme Court will rule on Friday in a battle over workers' rights at taxi app Uber that could have ramifications for millions of people in the gig economy.
In a case led by two drivers, a London employment tribunal ruled in 2016 that they were due entitlements such as the minimum wage, paid holidays and rest breaks.
The Silicon Valley-based company appealed the decision all the way to Britain's top court which will provide its verdict from 0945 GMT on Friday.
Uber drivers are currently treated as self-employed, meaning that in law they are only afforded minimal protections.
If the firm loses, it could still take several months for the details to be worked out following a further employment tribunal hearing, depending on the nature of the Supreme Court's decision.
"It would involve them working out exactly how many hours they worked, how much they got paid for those hours and identifying occasions when that meant that they were paid less than the minimum wage," Matt McDonald, a partner who specialises in employment disputes at law firm Shakespeare Martineau.
"As an administrative job for the courts, it's a messy one," he said.
A total of 25 drivers form part of an expanded group who are part of the case. Uber has around 60,000 drivers in Britain, including 45,000 in London, one of its most important markets.
A win, however, would be a major boost to it and several transportation, delivery and courier companies which use a similar business model, including food service firm Deliveroo and taxi rival Addison Lee.
5.#AMAZON:-A group representing Amazon.com Inc , Facebook Inc and Alphabet Inc joined the U.S. Chamber of Commerce and others in filing suit on Thursday to challenge Maryland's first-in-the nation new digital advertising tax.
The Chamber, the largest U.S. business group; the Internet Association, which represents dozens of tech companies; the Computer & Communications Industry Association; and NetChoice filed suit in U.S. District Court in Maryland seeking an injunction to block the new tax adopted last week by the state legislature over the veto of Republican Governor Larry Hogan.
The suit calls the law "a punitive assault on digital, but not print, advertising. It is illegal in myriad ways and should be declared unlawful and enjoined."
State lawmakers estimate the tax could raise as much as $250 million a year after it takes effect. Other states are also considering taxing digital advertising.
Maryland State Senate President Bill Ferguson said in a statement it was "disappointing to see these companies spend millions on high-powered attorneys instead of paying their fair share."
TOP 5 STOCKS TO WATCHOUT:-
1.#SOFT BANK - WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, according to a person familiar with the matter.
The settlement would put to rest a prolonged legal battle between Neumann and Softbank , which dates back to 2019 when WeWork's IPO plans fell apart.
SoftBank had agreed in October 2019 to purchase around $3 billion in WeWork stock belonging to Neumann as well as current and former WeWork employees. SoftBank later contested its obligation to purchase the shares.
Under the new proposed terms, SoftBank would purchase around half the shares it had originally agreed to buy, the source said, requesting anonymity as the matter is private.
SoftBank declined to comment. WeWork was not immediately available for comment. The talks were reported earlier by the Wall Street Journal.
SoftBank, which poured more than $13.5 billion into WeWork, was pulled into a legal dispute with directors at WeWork after backing out of a $3 billion tender offer agreed when it bailed out the office-sharing firm following a flopped IPO attempt.
2. #APPLE:- Apple Inc's customers may end up spending more on non-gaming mobile apps by 2024, data analytics firm SensorTower said on Monday, as lockdown lifestyles result in users looking beyond games to apps that help with more essential services.
Downloads of business, education, health and fitness apps have seen a sharp spike due to the stay-at-home measures during the health crisis.
During the initial days of the pandemic, users spent more on mobile games in the App Store. But as lockdowns got extended, upending work life as well as the ways of communication, their attention shifted to photo and video-sharing, dating, video-conferencing and instant messaging apps.
Shares of companies such as Zoom Video Communications Inc and Match Group and other stay-at-home companies soared last year.
SensorTower said consumer spending on mobile apps will reach $270 billion in the next five years globally, a more than three-fold increase when compared with 2020.
Apple customers will outspend their Android counterparts with the App Store expected to generate $185 billion in global revenue, the data analytics firm said.
Games revenue will continue to take a relatively higher share on Google Play store than the App Store, with a projected 71% share from games in 2025 compared to 42% on the App Store, data showed.
The data analytics firm expects Europe to become a key market over the next five years, with revenue growth in the continent likely to outpace that in Asia and North America.
3. #SPOTIFY :- Spotify said on Monday it would nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
The company's shares, which were down in early trading, reversed course to rise as much as 6% to a record high.
The Swedish company, which started its service more than a decade ago, is currently available in 93 countries and has 345 million monthly active users.
While Spotify is the leader in music streaming, entry in new countries across Asia, Africa, Europe and Latin America would significantly increase the gap with its rivals, Apple Music and Amazon Music.
"Together these markets represent more than a billion people, with nearly half of them already using the internet," said Chief Premium Business Officer Alex Norstrom. "Some of the places we're going like Bangladesh, Pakistan and Nigeria have the fastest growing internet populations in the world."
An earlier expansion drive in India, Russia and the Middle East has already brought in millions of subscribers.
While paid subscribers got a boost during the coronavirus pandemic as people locked in their homes opted for its premium service, the company is now looking to boost its advertisement revenue.
1.#SOFT BANK - WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, according to a person familiar with the matter.
The settlement would put to rest a prolonged legal battle between Neumann and Softbank , which dates back to 2019 when WeWork's IPO plans fell apart.
SoftBank had agreed in October 2019 to purchase around $3 billion in WeWork stock belonging to Neumann as well as current and former WeWork employees. SoftBank later contested its obligation to purchase the shares.
Under the new proposed terms, SoftBank would purchase around half the shares it had originally agreed to buy, the source said, requesting anonymity as the matter is private.
SoftBank declined to comment. WeWork was not immediately available for comment. The talks were reported earlier by the Wall Street Journal.
SoftBank, which poured more than $13.5 billion into WeWork, was pulled into a legal dispute with directors at WeWork after backing out of a $3 billion tender offer agreed when it bailed out the office-sharing firm following a flopped IPO attempt.
2. #APPLE:- Apple Inc's customers may end up spending more on non-gaming mobile apps by 2024, data analytics firm SensorTower said on Monday, as lockdown lifestyles result in users looking beyond games to apps that help with more essential services.
Downloads of business, education, health and fitness apps have seen a sharp spike due to the stay-at-home measures during the health crisis.
During the initial days of the pandemic, users spent more on mobile games in the App Store. But as lockdowns got extended, upending work life as well as the ways of communication, their attention shifted to photo and video-sharing, dating, video-conferencing and instant messaging apps.
Shares of companies such as Zoom Video Communications Inc and Match Group and other stay-at-home companies soared last year.
SensorTower said consumer spending on mobile apps will reach $270 billion in the next five years globally, a more than three-fold increase when compared with 2020.
Apple customers will outspend their Android counterparts with the App Store expected to generate $185 billion in global revenue, the data analytics firm said.
Games revenue will continue to take a relatively higher share on Google Play store than the App Store, with a projected 71% share from games in 2025 compared to 42% on the App Store, data showed.
The data analytics firm expects Europe to become a key market over the next five years, with revenue growth in the continent likely to outpace that in Asia and North America.
3. #SPOTIFY :- Spotify said on Monday it would nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
The company's shares, which were down in early trading, reversed course to rise as much as 6% to a record high.
The Swedish company, which started its service more than a decade ago, is currently available in 93 countries and has 345 million monthly active users.
While Spotify is the leader in music streaming, entry in new countries across Asia, Africa, Europe and Latin America would significantly increase the gap with its rivals, Apple Music and Amazon Music.
"Together these markets represent more than a billion people, with nearly half of them already using the internet," said Chief Premium Business Officer Alex Norstrom. "Some of the places we're going like Bangladesh, Pakistan and Nigeria have the fastest growing internet populations in the world."
An earlier expansion drive in India, Russia and the Middle East has already brought in millions of subscribers.
While paid subscribers got a boost during the coronavirus pandemic as people locked in their homes opted for its premium service, the company is now looking to boost its advertisement revenue.
4.#APPLE :-Apple Inc is planning to increase its dividend according to Chief Executive Tim Cook, CNBC reported on Tuesday, citing the shareholder meeting.
The company's shareholders also approved compensation for Apple executives for fiscal 2020, the report said.
Shareholders will not vote until next year's annual meeting on Cook's September grant of 333,987 restricted stock units, his first major stock package since 2011, which took effect at the start of Apple's fiscal 2021.
It grants him stock units with a possibility to earn as many as 667,974 more if he hits performance targets.
Apple, the biggest U.S. listed public company by market capitalization with a value of $2.1 trillion, has thrived during the pandemic even though it had to temporarily shut several stores.
The company's board had declared a cash dividend of $0.205 per share of the company's common stock in the holiday quarter.
5.#TWITTER:- Twitter said on Tuesday it had taken down 373 accounts which it said had ties to Russia, Armenia and Iran and had breached its platform manipulation policies.
The company said it had taken down 238 accounts operating from Iran for various violations of its policies.
Twitter said 100 accounts with Russian ties were removed for amplifying narratives that undermined faith in NATO and targeted the United States and the European Union.
Russia's foreign ministry spokeswoman Maria Zakharova said that Moscow planned to look into the grounds for Twitter blocking the accounts, TASS news agency reported.
Twitter also said 35 accounts with ties to Armenia were taken down, adding that they had been created to target Azerbaijan.
"The 373 associated accounts across the four networks were permanently suspended from Twitter for violations of our platform manipulation policies," the company said in a blog post.
The company's shareholders also approved compensation for Apple executives for fiscal 2020, the report said.
Shareholders will not vote until next year's annual meeting on Cook's September grant of 333,987 restricted stock units, his first major stock package since 2011, which took effect at the start of Apple's fiscal 2021.
It grants him stock units with a possibility to earn as many as 667,974 more if he hits performance targets.
Apple, the biggest U.S. listed public company by market capitalization with a value of $2.1 trillion, has thrived during the pandemic even though it had to temporarily shut several stores.
The company's board had declared a cash dividend of $0.205 per share of the company's common stock in the holiday quarter.
5.#TWITTER:- Twitter said on Tuesday it had taken down 373 accounts which it said had ties to Russia, Armenia and Iran and had breached its platform manipulation policies.
The company said it had taken down 238 accounts operating from Iran for various violations of its policies.
Twitter said 100 accounts with Russian ties were removed for amplifying narratives that undermined faith in NATO and targeted the United States and the European Union.
Russia's foreign ministry spokeswoman Maria Zakharova said that Moscow planned to look into the grounds for Twitter blocking the accounts, TASS news agency reported.
Twitter also said 35 accounts with ties to Armenia were taken down, adding that they had been created to target Azerbaijan.
"The 373 associated accounts across the four networks were permanently suspended from Twitter for violations of our platform manipulation policies," the company said in a blog post.
Top 5 stock can't be ignored today
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#HyundaiMotors #LinkedIn #Spacex #Apple #Twitter #StockAnalysis #StockMarket #UsStocks
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TOP 5 STOCKS TO WATCH OUT - February 24, 2021 - Capital Street FX
1.HYUNDAI MOTORS – Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks, a problem which combined with an earlier recall is likely to cost the automaker an estimated $900 million. Most of the latest recall…
TOP 5 STOCKS TO WATCHOUT:-
1.#TWITTER - Twitter Inc said on Thursday it expected to double annual revenue to at least $7.5 billion and reach 315 million users in 2023, sending its shares up more than 8%.
Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.
The social media network has struggled to catch up with larger rivals like Facebook and smaller viral apps like ByteDance's TikTok in offering features. But in recent months, it has made a push to launch services such as audio-chat, similar to that of viral app Clubhouse.
"We know we've been slow," said Chief Executive Jack Dorsey during Twitter's virtual investor day. "When you compare us with our peers, it's been especially stark."
In a regulatory filing, Twitter estimated reaching at least 315 million monetizable daily active users (mDAU), or those who see ads, by the fourth quarter of 2023.
Internationally, Twitter faces challenges in India, a rapidly growing market with plans to require that social media companies erase certain content and coordinate with law enforcement.
Twitter had previously refused to delete content connected to farmers' protests in India.
2. #FACEBOOK:-Facebook Incon Thursday launched a campaign to explain to users how small businesses depend on personalized advertising, ahead of upcoming plans by Apple Inc to prompt iPhone users to allow apps to use their data for ads.
The campaign called "Good Ideas Deserve To Be Found" highlights several advertisers that have grown their business on Facebook and Instagram, such as Houston-based fashion brand House of Takura. A commercial will air on TV, including during the Golden Globe Awards this Sunday, Facebook said.
The campaign to convince users to warm up to ads comes as Facebook, which faces several U.S. antitrust lawsuits, has accused Apple of anti-competitive behavior in using its control of the App Store to limit app developers' collection of user data from other apps.
Facebook's ad spending behind the campaign is in the millions of dollars, according to a source familiar with the matter.
Facebook generates revenue from ads and through fees for businesses using a feature that lets customers purchase directly within Facebook and Instagram. Facebook said it will continue to waive those fees through June.
The social media giant said Thursday it will launch an Instagram sticker and Facebook hashtag "DeserveToBeFound" to let small businesses share and publicize their offerings across the platforms.
It will also simplify its Ads Manager, a self-serve tool that lets brands buy and create Facebook ads, to make it easier for small businesses to use.
Annette Njau, founder of House of Takura, said personalized ads have been essential to expanding her brand, which sells handbags made in Africa. She said 85% of her sales so far this year have come from Facebook.
3. #BANK OF AMERICA :- Bank of America Corp cut some of its staff in the global banking and markets division this week, Bloomberg News reported on Thursday.
Employees in sales and trading, research, investment banking and capital markets were affected by the move, the report said, citing two people familiar with the matter.
The staff reduction is part of Wall Street's typical practice of staffing changes around this time of the year after bonuses are distributed, the report added.
Bank of America did not immediately respond to Reuters' request for comment.
Last year, the bank had said it would not cut any jobs in 2020.
4.#APPLE :-Target Corp Said on Thursday it would double Apple Inc's footprint in some of its stores and expand online offerings, as the big box retailer beefs up its strategy to house popular brands at its outlets to woo more customers.
Target said the expanded partnership with Apple would begin rolling out this month, with additional locations scheduled to do so by the end of this fall.
1.#TWITTER - Twitter Inc said on Thursday it expected to double annual revenue to at least $7.5 billion and reach 315 million users in 2023, sending its shares up more than 8%.
Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.
The social media network has struggled to catch up with larger rivals like Facebook and smaller viral apps like ByteDance's TikTok in offering features. But in recent months, it has made a push to launch services such as audio-chat, similar to that of viral app Clubhouse.
"We know we've been slow," said Chief Executive Jack Dorsey during Twitter's virtual investor day. "When you compare us with our peers, it's been especially stark."
In a regulatory filing, Twitter estimated reaching at least 315 million monetizable daily active users (mDAU), or those who see ads, by the fourth quarter of 2023.
Internationally, Twitter faces challenges in India, a rapidly growing market with plans to require that social media companies erase certain content and coordinate with law enforcement.
Twitter had previously refused to delete content connected to farmers' protests in India.
2. #FACEBOOK:-Facebook Incon Thursday launched a campaign to explain to users how small businesses depend on personalized advertising, ahead of upcoming plans by Apple Inc to prompt iPhone users to allow apps to use their data for ads.
The campaign called "Good Ideas Deserve To Be Found" highlights several advertisers that have grown their business on Facebook and Instagram, such as Houston-based fashion brand House of Takura. A commercial will air on TV, including during the Golden Globe Awards this Sunday, Facebook said.
The campaign to convince users to warm up to ads comes as Facebook, which faces several U.S. antitrust lawsuits, has accused Apple of anti-competitive behavior in using its control of the App Store to limit app developers' collection of user data from other apps.
Facebook's ad spending behind the campaign is in the millions of dollars, according to a source familiar with the matter.
Facebook generates revenue from ads and through fees for businesses using a feature that lets customers purchase directly within Facebook and Instagram. Facebook said it will continue to waive those fees through June.
The social media giant said Thursday it will launch an Instagram sticker and Facebook hashtag "DeserveToBeFound" to let small businesses share and publicize their offerings across the platforms.
It will also simplify its Ads Manager, a self-serve tool that lets brands buy and create Facebook ads, to make it easier for small businesses to use.
Annette Njau, founder of House of Takura, said personalized ads have been essential to expanding her brand, which sells handbags made in Africa. She said 85% of her sales so far this year have come from Facebook.
3. #BANK OF AMERICA :- Bank of America Corp cut some of its staff in the global banking and markets division this week, Bloomberg News reported on Thursday.
Employees in sales and trading, research, investment banking and capital markets were affected by the move, the report said, citing two people familiar with the matter.
The staff reduction is part of Wall Street's typical practice of staffing changes around this time of the year after bonuses are distributed, the report added.
Bank of America did not immediately respond to Reuters' request for comment.
Last year, the bank had said it would not cut any jobs in 2020.
4.#APPLE :-Target Corp Said on Thursday it would double Apple Inc's footprint in some of its stores and expand online offerings, as the big box retailer beefs up its strategy to house popular brands at its outlets to woo more customers.
Target said the expanded partnership with Apple would begin rolling out this month, with additional locations scheduled to do so by the end of this fall.
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SELL=1.2683
TARGET=1.2648
SL=1.27291
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SELL=133.81
TARGET=132.26
SL=136.20
#APPLE COMP.
BUY=127.60
TARGET=129.87
SL=126.08
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SL=1481.80
#S&P 500
BUY=3883.91
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SL=3857.29
TRADE SIGNAL AS ON 02-03-2021
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SELL=1.2683
TARGET=1.2648
SL=1.27291
#COFFEE
SELL=133.81
TARGET=132.26
SL=136.20
#APPLE COMP.
BUY=127.60
TARGET=129.87
SL=126.08
#ETHEREUM
BUY=1546.90
TARGET=1653.54
SL=1481.80
#S&P 500
BUY=3883.91
TARGET=3911.40
SL=3857.29
TOP 5 STOCKS TO WATCHOUT:-
1.#Apple - Apple said on Monday all its 270 U.S. stores have been opened, the first time in almost a year after it was forced to shutter several outlets because of the COVID-19 pandemic.
The company has been cautious in re-opening its retail stores, using a team that includes medical experts to make its own calls on a county-by-county basis and sometimes shuttering stores again when local rules would otherwise allow stores to operate.
The iPhone maker has also expanded its 'Express' format, a wall built in front of the main store with sales counters protected by plexiglass and a few shelves of accessories such as phone cases and AirPods.
2.#AMZON:-A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
The lawsuit from Charlotte Newman, a business development head at Amazon Web Services who is Black, said the company suffers from a "systemic pattern of insurmountable discrimination," despite its pledge to fight racism and statements of solidarity from Chief Executive Officer Jeff Bezos.
Seattle-based Amazon said it was investigating the claims. It said it strives for an equitable culture and has no tolerance for discrimination: "These allegations do not reflect those efforts or our values."
The complaint was filed in Washington, D.C., federal court.
Newman, a Harvard Business School graduate and former adviser to U.S. Senator Cory Booker, said Amazon delayed by 2-1/2 years her rise to senior manager by hiring her in 2017 for a more junior role for which she was overqualified, a "de-leveling" that reduces awards of company stock.
She also accused a male supervisor of using racial tropes by calling her "aggressive," "too direct" and "just scary," and another male co-worker of sexually harassing her and once pulling on her braids while saying, "You can leave this behind."
Both men were also named as defendants, and according to the lawsuit the supervisor was required to undergo training while the co-worker was terminated. The co-worker's lawyer could not immediately be identified.
Newman is seeking compensatory and punitive damages. She is represented by Douglas Wigdor, who also represented women suing the former movie producer Harvey Weinstein and Fox News over alleged harassment or discrimination.
Amazon has worked to show support for the Black Lives Matter movement. In September its cloud computing chief Andy Jassy, who will succeed Bezos as Amazon CEO, gave the keynote address at a Black Employee Network entrepreneurship conference.
The news site Recode last week reported allegations of racial disparities in Amazon promotions and performance reviews.
Amazon also faces lawsuits claiming it mistreated workers in its handling of the coronavirus pandemic at its facilities.
3. #NIKE :-Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company.
The company said the departure of Hebert, vice president and general manager of Nike's North America business, is effective immediately and that it plans to announce a new head for the geography shortly.
Bloomberg Businessweek last week reported that Hebert's son Joe Hebert used a credit card in her name to purchase sneakers for his resale company, West Coast Streetwear. (https://bloom.bg/304NpkK)
The report said Joe Hebert used bots to purchase the most sought-after sneakers after they were released online, spending over $132,000 on the credit card to stock up on the limited edition sneakers for reselling them at a higher price.
Hebert told Bloomberg he had never received inside information from his mother while she was at Nike.
West Coast Streetwear could not be immediately reached for a comment.
Nike in a statement said Hebert had made the decision to resign.
1.#Apple - Apple said on Monday all its 270 U.S. stores have been opened, the first time in almost a year after it was forced to shutter several outlets because of the COVID-19 pandemic.
The company has been cautious in re-opening its retail stores, using a team that includes medical experts to make its own calls on a county-by-county basis and sometimes shuttering stores again when local rules would otherwise allow stores to operate.
The iPhone maker has also expanded its 'Express' format, a wall built in front of the main store with sales counters protected by plexiglass and a few shelves of accessories such as phone cases and AirPods.
2.#AMZON:-A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
The lawsuit from Charlotte Newman, a business development head at Amazon Web Services who is Black, said the company suffers from a "systemic pattern of insurmountable discrimination," despite its pledge to fight racism and statements of solidarity from Chief Executive Officer Jeff Bezos.
Seattle-based Amazon said it was investigating the claims. It said it strives for an equitable culture and has no tolerance for discrimination: "These allegations do not reflect those efforts or our values."
The complaint was filed in Washington, D.C., federal court.
Newman, a Harvard Business School graduate and former adviser to U.S. Senator Cory Booker, said Amazon delayed by 2-1/2 years her rise to senior manager by hiring her in 2017 for a more junior role for which she was overqualified, a "de-leveling" that reduces awards of company stock.
She also accused a male supervisor of using racial tropes by calling her "aggressive," "too direct" and "just scary," and another male co-worker of sexually harassing her and once pulling on her braids while saying, "You can leave this behind."
Both men were also named as defendants, and according to the lawsuit the supervisor was required to undergo training while the co-worker was terminated. The co-worker's lawyer could not immediately be identified.
Newman is seeking compensatory and punitive damages. She is represented by Douglas Wigdor, who also represented women suing the former movie producer Harvey Weinstein and Fox News over alleged harassment or discrimination.
Amazon has worked to show support for the Black Lives Matter movement. In September its cloud computing chief Andy Jassy, who will succeed Bezos as Amazon CEO, gave the keynote address at a Black Employee Network entrepreneurship conference.
The news site Recode last week reported allegations of racial disparities in Amazon promotions and performance reviews.
Amazon also faces lawsuits claiming it mistreated workers in its handling of the coronavirus pandemic at its facilities.
3. #NIKE :-Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company.
The company said the departure of Hebert, vice president and general manager of Nike's North America business, is effective immediately and that it plans to announce a new head for the geography shortly.
Bloomberg Businessweek last week reported that Hebert's son Joe Hebert used a credit card in her name to purchase sneakers for his resale company, West Coast Streetwear. (https://bloom.bg/304NpkK)
The report said Joe Hebert used bots to purchase the most sought-after sneakers after they were released online, spending over $132,000 on the credit card to stock up on the limited edition sneakers for reselling them at a higher price.
Hebert told Bloomberg he had never received inside information from his mother while she was at Nike.
West Coast Streetwear could not be immediately reached for a comment.
Nike in a statement said Hebert had made the decision to resign.
Bloomberg.com
Sneakerheads Have Turned Jordans and Yeezys Into a Bona Fide Asset Class
When the pandemic presented a buy-low opportunity, one college dropout hit the road and filled his truck with $200,000 worth of kicks.
Downdetector tracks outages by collating status reports from a series of sources, including user-submitted errors on its platform. The outages might be affecting a larger number of users.
4.#APPLE :Apple’s supplier Foxconn said it expects first-quarter revenue to rise more than 15% from a year earlier, boosted by strong iPhone sales and robust demand for electronics during lockdowns worldwide to curb the COVID-19 pandemic.
The world's largest contract electronics manufacturer has previously forecast strong demand for the new iPhone 12, saying its business will be supported by "stronger than expected" sales for smartphones and for telecommuting devices amid a coronavirus-induced work-from-home trend.
Taiwan-based Foxconn, in a short statement on Thursday, said it expects consumer electronics revenue, which includes smartphones and smart watches, to rise more than 15% in the January-March quarter from a year earlier. It did not elaborate.
Foxconn said it saw revenue for cloud products that include servers and revenue for computing products such as laptops to rise about 10% in the first quarter, respectively.
Foxconn's chairman said last month that he expects his company and its clients will face only "limited impact" from a chip shortage that has rattled the global automotive and semiconductor industries.
Foxconn, formally Hon Hai Precision Industry Co Ltd, has previously said it expects revenue to grow about 10% in 2021.
Over the past year or so it has announced several deals on the production of electric vehicles with automakers including U.S. electric-car maker Fisker Inc, China's Byton and Zhejiang Geely Holding Group and Stellantis NV's Fiat Chrysler unit.
Shares in Foxconn have risen more than 20% so far this year.
Tech-powerhouse Taiwan's economy is booming due to the pandemic because of global demand for tablets, computers and smartphones.
Taiwan's January export orders, a bellwether of global technology demand, surged 49.3% from a year earlier to $52.72 billion.
5.#AMAZON- The National Football league (NFL) is close to a media rights deal with Amazon.com Inc's Prime Video service, which would allow the streaming platform to carry many games exclusively, the Wall Street Journal reported on Wednesday.
A deal with Amazon would result in a significant number of Thursday night games exclusively on Prime Video and represent the league's deepest foray into streaming, WSJ reported, citing sources familiar with the matter.
Amazon did not immediately respond to a Reuters request for comment, while the NFL declined to comment.
Last week, the Sports Business Journal reported a media rights deal between NFL and Walt DisneyCo's ESPN and ABC channels. However, NFL denied the report and deemed it incorrect
4.#APPLE :Apple’s supplier Foxconn said it expects first-quarter revenue to rise more than 15% from a year earlier, boosted by strong iPhone sales and robust demand for electronics during lockdowns worldwide to curb the COVID-19 pandemic.
The world's largest contract electronics manufacturer has previously forecast strong demand for the new iPhone 12, saying its business will be supported by "stronger than expected" sales for smartphones and for telecommuting devices amid a coronavirus-induced work-from-home trend.
Taiwan-based Foxconn, in a short statement on Thursday, said it expects consumer electronics revenue, which includes smartphones and smart watches, to rise more than 15% in the January-March quarter from a year earlier. It did not elaborate.
Foxconn said it saw revenue for cloud products that include servers and revenue for computing products such as laptops to rise about 10% in the first quarter, respectively.
Foxconn's chairman said last month that he expects his company and its clients will face only "limited impact" from a chip shortage that has rattled the global automotive and semiconductor industries.
Foxconn, formally Hon Hai Precision Industry Co Ltd, has previously said it expects revenue to grow about 10% in 2021.
Over the past year or so it has announced several deals on the production of electric vehicles with automakers including U.S. electric-car maker Fisker Inc, China's Byton and Zhejiang Geely Holding Group and Stellantis NV's Fiat Chrysler unit.
Shares in Foxconn have risen more than 20% so far this year.
Tech-powerhouse Taiwan's economy is booming due to the pandemic because of global demand for tablets, computers and smartphones.
Taiwan's January export orders, a bellwether of global technology demand, surged 49.3% from a year earlier to $52.72 billion.
5.#AMAZON- The National Football league (NFL) is close to a media rights deal with Amazon.com Inc's Prime Video service, which would allow the streaming platform to carry many games exclusively, the Wall Street Journal reported on Wednesday.
A deal with Amazon would result in a significant number of Thursday night games exclusively on Prime Video and represent the league's deepest foray into streaming, WSJ reported, citing sources familiar with the matter.
Amazon did not immediately respond to a Reuters request for comment, while the NFL declined to comment.
Last week, the Sports Business Journal reported a media rights deal between NFL and Walt DisneyCo's ESPN and ABC channels. However, NFL denied the report and deemed it incorrect
5.#APPLE- Nobel Peace Prize winner Malala Yousafzai has partnered with Apple Inc to produce several new programs including dramas, children series' and documentaries that would air on the tech giant's streaming service.
Yousafzai and her production company, Extracurricular, is expanding an already existing partnership with Apple, a blog post on the company's website said on Monday.
In 2018, the iPhone maker teamed up with Yousafzai on "Malala Fund" that seeks to extend secondary education opportunities to girls' across the globe.
Yousafzai, 23, survived being shot in the head by a Taliban gunman in 2012, after she was targeted for her campaign against efforts by the Taliban to deny women education. She graduated from Oxford University last year.
The girls' education champion joins a roster of artists that have signed up to work with the Apple TV+ streaming service, including Oprah Winfrey, Martin Scorsese, Octavia Spencer, Alfonso Cuarón and Tom Hanks
Yousafzai and her production company, Extracurricular, is expanding an already existing partnership with Apple, a blog post on the company's website said on Monday.
In 2018, the iPhone maker teamed up with Yousafzai on "Malala Fund" that seeks to extend secondary education opportunities to girls' across the globe.
Yousafzai, 23, survived being shot in the head by a Taliban gunman in 2012, after she was targeted for her campaign against efforts by the Taliban to deny women education. She graduated from Oxford University last year.
The girls' education champion joins a roster of artists that have signed up to work with the Apple TV+ streaming service, including Oprah Winfrey, Martin Scorsese, Octavia Spencer, Alfonso Cuarón and Tom Hanks
BEST STOCK TO TRADE TODAY – 09 MARCH 2021
#Microsoft #Paypal #Bosch #Tesla #Apple
https://www.capitalstreetfx.com/en/best-stock-to-trade-today-09-march-2021/
#Microsoft #Paypal #Bosch #Tesla #Apple
https://www.capitalstreetfx.com/en/best-stock-to-trade-today-09-march-2021/
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Best Stock To Trade Today - 08 March 2021 | Capital Street Fx
Best Stock To Trade Today - 08 March 2021 - Apple Inc Stock, Tesla Inc Stock, German technology group Bosch, MICROSOFT Stock, PayPal Stock
STOCKS MAKING THE BIGGEST MOVES IN THE PREMARKET: DOLLAR GENERAL, SIGNET JEWELERS, PETCO & MORE
Take a look at some of the biggest movers in the premarket:
https://www.capitalstreetfx.com/en/stocks-making-the-biggest-moves-in-the-premarket-dollar-general-signet-jewelers-petco-more/
#DollarGeneral #SignetJewelers #Petco #Accenture #Apple #Fivebelow #Coherent #Williams #PagerDuty #Nikola #LordtownMotors #Sundial #NationalGrid #Peloton
Take a look at some of the biggest movers in the premarket:
https://www.capitalstreetfx.com/en/stocks-making-the-biggest-moves-in-the-premarket-dollar-general-signet-jewelers-petco-more/
#DollarGeneral #SignetJewelers #Petco #Accenture #Apple #Fivebelow #Coherent #Williams #PagerDuty #Nikola #LordtownMotors #Sundial #NationalGrid #Peloton
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Stocks making the biggest moves in the premarket: Dollar General, Signet Jewelers, Petco & more - CFDs|Commodities | Stocks | Forex…
Take a look at some of the biggest movers in the premarket: Dollar General (DG) – Dollar General shares tumbled 6.1% in premarket action after the discount retailer missed estimates by 10 cents a share, with quarterly earnings of $2.62 per share. The company…
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL AS ON 06-04-2021
#AUDCHF
BUY=0.7165
TARGET=0.7189
SL=0.7147
#NATURAL GAS
SELL =2.507
TARGET=2.453
SL=2.592
#APPLE COMPUTER INC.
BUY=125.69
TARGET=127.00
SL=123.90
#LITECOIN USD
BUY=222.79
TARGET=230.45
SL=215.07
#FTSEMIB 40
SELL =22130.00
TARGET=22013.00
SL=22237.38
TRADE SIGNAL AS ON 06-04-2021
#AUDCHF
BUY=0.7165
TARGET=0.7189
SL=0.7147
#NATURAL GAS
SELL =2.507
TARGET=2.453
SL=2.592
#APPLE COMPUTER INC.
BUY=125.69
TARGET=127.00
SL=123.90
#LITECOIN USD
BUY=222.79
TARGET=230.45
SL=215.07
#FTSEMIB 40
SELL =22130.00
TARGET=22013.00
SL=22237.38
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL ON 2021-04-12
#AUDCHF
SELL = 0.7040
TARGET= 0.7015
SL= 0.7053
#NATURAL GAS
SELL = 2.525
TARGET= 2.475
SL= 2.550
#APPLE COMPUTER INC.
BUY= 133.10
TARGET= 143.10
SL= 128.10
#LITECOIN USD
BUY = 255.50
TARGET= 295.50
SL= 235.50
#FTSEMIB 40
BUY = 24,230.50
TARGET = 24,330.50
SL= 24,180.50
TRADE SIGNAL ON 2021-04-12
#AUDCHF
SELL = 0.7040
TARGET= 0.7015
SL= 0.7053
#NATURAL GAS
SELL = 2.525
TARGET= 2.475
SL= 2.550
#APPLE COMPUTER INC.
BUY= 133.10
TARGET= 143.10
SL= 128.10
#LITECOIN USD
BUY = 255.50
TARGET= 295.50
SL= 235.50
#FTSEMIB 40
BUY = 24,230.50
TARGET = 24,330.50
SL= 24,180.50
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL 2021-04-16
#EUR/USD
BUY = 1.1960
TARGET= 1.1990
SL= 1.1945
#GOLD
BUY = 1760.20
TARGET= 1810.20
SL= 11735.20
#APPLE
BUY= 740.50
TARGET= 800.50
SL= 710.50
#BITCOIN USD
BUY = 61,370
TARGET= 63,370
SL= 60,370
#EUR/USD
BUY = 1.1960
TARGET= 1.1990
SL= 1.1945
#GOLD
BUY = 1760.20
TARGET= 1810.20
SL= 11735.20
#APPLE
BUY= 740.50
TARGET= 800.50
SL= 710.50
#BITCOIN USD
BUY = 61,370
TARGET= 63,370
SL= 60,370
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL 2021-04-30
#GBP/USD
BUY = 1.3945
TARGET= 1.3975
SL= 1.3930
#CRUDE OIL WTI
BUY = 64.60
TARGET= 65.10
SL=64.35
#APPLE
SELL = 133.40
TARGET= 153.40
SL= 123.40
#ETHEREUM USD
SELL = 2,730.50
TARGET= 2,810.50
SL= 2,690.50
TRADE SIGNAL 2021-04-30
#GBP/USD
BUY = 1.3945
TARGET= 1.3975
SL= 1.3930
#CRUDE OIL WTI
BUY = 64.60
TARGET= 65.10
SL=64.35
#APPLE
SELL = 133.40
TARGET= 153.40
SL= 123.40
#ETHEREUM USD
SELL = 2,730.50
TARGET= 2,810.50
SL= 2,690.50
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL 2021-05-07
#EUR/USD
BUY = 1.2070
TARGET= 1.2110
SL= 1.2050
#GOLD
BUY = 1820.70
TARGET= 1860.70
SL= 1800.70
#APPLE
SELL = 130.90
TARGET= 100.40
SL= 145 .40
#ETHEREUMUSD
BUY = 3,390.50
TARGET= 3,590.50
SL= 3,290.50
TRADE SIGNAL 2021-05-07
#EUR/USD
BUY = 1.2070
TARGET= 1.2110
SL= 1.2050
#GOLD
BUY = 1820.70
TARGET= 1860.70
SL= 1800.70
#APPLE
SELL = 130.90
TARGET= 100.40
SL= 145 .40
#ETHEREUMUSD
BUY = 3,390.50
TARGET= 3,590.50
SL= 3,290.50
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL 2021-05-11
#EUR/USD
BUY = 1.2140
TARGET= 1.2180
SL= 1.2120
#GOLD
BUY = 1830.70
TARGET= 1870.70
SL= 1810.70
#APPLE
SELL = 125.40
TARGET= 105.40
SL= 135.40
#ETHEREUM USD
BUY = 3,870.50
TARGET= 3,970.50
SL= 3,820.50
TRADE SIGNAL 2021-05-11
#EUR/USD
BUY = 1.2140
TARGET= 1.2180
SL= 1.2120
#GOLD
BUY = 1830.70
TARGET= 1870.70
SL= 1810.70
#APPLE
SELL = 125.40
TARGET= 105.40
SL= 135.40
#ETHEREUM USD
BUY = 3,870.50
TARGET= 3,970.50
SL= 3,820.50