Tag: Investors

Here are 3 under-the-radar market story lines that could surprise investors in 2021

Traders work on the floor of the New York Stock Exchange.

NYSE

The market is behaving as if it sees quite clearly how 2021 will turn out: Vaccines arrive, jets refill the skies, the economy revives, corporate profits snap higher, all while the Federal Reserve stays out of the way and maximally easy.

And in recent weeks, Wall Street has become quite persuasive in telling this tale. The most economically sensitive parts of the market are accelerating skyward, credit markets are drum tight, the tape is inured to bad Covid news and investors are ardently (too ardently?) throwing money at

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Los Angeles Remains A Top Target For Investors

When it comes to commercial real estate investment, Los Angeles continues to stay on top despite the area’s high land and building prices. 

For the fourth year in a row, commercial real estate investors chose the city as the top target among metros in the Americas in CBRE’s 2019 Americas Investor Intentions Survey. The survey focuses on the commercial real estate landscape from Mexico City to Toronto. 

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Downtown Los Angeles

The annual survey, released earlier this month, ranked the Los Angeles/Southern California area No. 1 for property purchases.

The Dallas-Fort Worth area, Washington, D.C., San Francisco/Northern California and Seattle

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S&P 500 and Nasdaq rise as investors buy tech shares beaten up this week

The S&P 500 and Nasdaq Composite rose on Wednesday as tech shares recovered some of their losses from earlier in the week at the expense of names who would benefit from an economic recovery.

The broader-market index closed 0.8% higher at 3,572.66 and the Nasdaq jumped 2% to 11,786.43. The Dow Jones Industrial Average — which had been the stalwart early this week — struggled, falling 23.29 points, or 0.1%, to 29,397.63.

Apple gained 3%. Netflix climbed 2.2%. Facebook and Amazon rose 1.5% and 3.4%, respectively. Alphabet closed 0.6% higher, and Microsoft was up by 2.6%.

American Express fell 4.2%

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Stock rally fades, but investors’ hopes for the economy remain

Stocks downshifted Tuesday, the day after their powerful worldwide rally, but optimism remained high that the global economy may still be headed for a return to normal.

It was the second day in a row that rising hopes for a COVID-19 vaccine pushed investors to rethink which stocks they see winning and losing, and that left the majority of U.S. stocks higher but indexes mixed. Treasury yields and oil, meanwhile, held on to their big gains from Monday or rose higher.

The Standard & Poor’s 500 index slipped 4.97 points, or 0.1%, to 3,545.53. The relatively small movement, though, belied

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SoftBank-backed GetYourGuide secures $133 million from investors

GetYourGuide CEO Johannes Reck.

GetYourGuide

LONDON — SoftBank-backed activity booking app GetYourGuide has raised 114 million euros ($133 million) as it tries to look beyond the pandemic. Total investment in the company now stands at over $780 million, while its valuation of over $1 billion remains the same.

The Berlin start-up’s latest funding round, led by U.S. private equity firm Searchlight Capital, has been raised as a convertible note, which is a short-term debt that will turn into equity in a future financing round.

GetYourGuide CEO Johannes Reck told CNBC on Thursday that raising money through standard means would have

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