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March 7, 2021

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Coursera files for IPO amid online learning boom

CNBC
CNBC – For more and to sign up click here The Covid-19 pandemic led to a boom in online learning that has increased the revenue of education technology company Coursera. Coursera Education tech company Coursera filed its IPO prospectus with the Securities and Exchange Commission on Friday, and plans to......

The cost of mining for cryptocash

CNBC
CNBC – For more and to sign up click here Cryptocurrencies have been on a tear lately. Bitcoin topped $58,000 in February for the first time. Ether, the world’s second-biggest cryptocurrency, has also hit record highs this year. Even dogecoin — a cryptocurrency invented as a joke that does not......

Employers likely added more jobs in February, but economists say there’s no bounce back yet

CNBC
CNBC – For more and to sign up click here A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Hiring likely improved in February as more of the economy......

Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, Citi says

CNBC
CNBC – For more and to sign up click here A customer uses a bitcoin automated teller machine (ATM) in a kiosk Barcelona, Spain, on Tuesday, Feb. 23, 2021. Angel Garcia | Bloomberg | Getty Images Citi thinks bitcoin is at a “tipping point” and could one day “become the......

Robert Johnson: Companies will take hiring Black workers seriously when not doing so hurts their stock

CNBC
CNBC – For more and to sign up click here BET founder Robert Johnson told CNBC on Monday he believes companies will more seriously address racial inequality within their workforces once a failure to do so starts impacting their stock price. “Companies understand return on investment capital. They understand return......

Forget bitcoin — fintech is the ‘real Covid-19 story,’ JPMorgan says

CNBC
CNBC – For more and to sign up click here A woman uses a Bitcoin ATM machine placed within a safety cage on January 29, 2021 in Barcelona, Spain. Cesc Maymo | Getty Images Bitcoin is an “economic side show” and fintech innovation is the story that will dominate financial......

Inside Factory OS, the Big Tech-backed modular home company looking to solve the affordable housing crisis

CNBC Real Estate
The affordable housing crisis in the United States continues to be a problem and it’s only getting worse. Nationally, there is a shortage of about seven million affordable homes for our nation’s more than 11 million extremely low-income families, according to the National Low Income Housing Coalition. Some areas are......

Morgan Stanley is set to report fourth-quarter earnings – here’s what the Street expects

CNBC
CNBC – For more and to sign up click here James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report fourth-quarter earnings before......

Bank of America posts quarterly profit that exceeds analysts’ expectations but revenue falls short

CNBC
CNBC – For more and to sign up click here Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America on Tuesday reported fourth-quarter profit that exceeded analysts’ expectations as the firm released some of the cash it had set aside for......

Stock futures rise slightly after Wall Street’s losing week

CNBC
CNBC – For more and to sign up click here Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange U.S. stock futures moved modestly higher on Monday evening as Wall Street looked to bounce back from a rough week ahead of President-elect Joe Biden’s inauguration.......

Cramer’s week ahead: Opportunities are abounding, but must be spotted first

CNBC
CNBC – For more and to sign up click here Stocks fell Friday, despite a new coronavirus relief spending proposal that the incoming Biden administration hopes to pass, in a sign that Wall Street players received just what was expected, CNBC’s Jim Cramer said. President-elect Joe Biden, who is set......

Bank earnings show a ‘tale of two cities’ — three analysts explain what that means for 2021

CNBC
CNBC – For more and to sign up click here Earnings season kicked off Friday as JPMorgan, Citigroup and Wells Fargo all reported their earnings. There is some optimism coming from the vaccine rollout and a possible economic turnaround.  Experts weighed in on the varied outlooks for different banks. Marty......

Citigroup is set to report fourth-quarter earnings – here’s what the Street expects

CNBC
CNBC – For more and to sign up click here Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report......

Stock futures little changed as Biden unveils $1.9 trillion stimulus plan

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were mostly flat on Thursday evening after President-elect Joe Biden announced details of a $1.9 trillion stimulus plan, one of the top agenda items when his......

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