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PLTR Stock: The Big News Giving Palantir Shares a Pop Today

May 29, 2021May 29, 2021 admin_coinvest

Palantir Technologies (NYSE:PLTR) stock is getting a boost on Friday after announcing a new contract.

Source: Ascannio / Shutterstock.com

According to a press release, Palantir Technologies has signed a contract that will have it continue to work with the United States Special Operations Command (USSOCOM). This will have PLTR providing it with enterprise data management and an AI-enabled mission command platform.

Palantir Technologies notes that the contract has a total value of $111 million. A $52.5 million payment is made at the time of the award. The contract lasts for one year and includes the option of adding another year.

Palantir Technologies getting another contract to work with USSOCOM doesn’t come as a major surprise. It’s been working with the agency since 2016 to provide it with data for real-time mission operations.

Doug Philippone, the global defense lead of Palantir Technologies, had this to say about the news sending PLTR stock higher today.

“When Special Operators are risking their lives in no fail scenarios, they deserve technology that works. Our partnership with USSOCOM was one of our first in the U.S. military, and we are honored to keep providing technology that gets the job done while we partner on the future of what is possible.”

PLTR stock is heaving trading of its shares following today’s contract news. The company has seen more than 84 million shares change hands as of this writing. That’s a nice spike over the stock’s daily average trading volume of 65.9 million shares.

PLTR stock is up 2.6% as of Friday afternoon but is still down slightly since the start of the year.

There’s plenty of other stock market news for investors to dive into below.

InvestorPlace makes sure to stay on top of the latest stock news with daily coverage of the market. For Friday that means looking in on what has shares of 1847 Goedeker (NYSEAMERICAN:GOED), AMC Entertainment (NYSE:AMC), and several Reddit stocks on the move today. You can get up to speed on that news at the links below.

More Friday Stock Market News

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Source: https://investorplace.com/2021/05/pltr-stock-the-big-news-giving-palantir-shares-a-pop-today/

China to Limit Daily Price Swings in National Emissions Trading to 10% -Media

May 29, 2021May 29, 2021 admin_coinvest

BEIJING (Reuters) – China’s national emission trading scheme (ETS) will initially set daily trading limits at 10% of prices when it comes on line late in June, according to a report in the Securities Times citing the chairman of the exchange that will host the trading.

In its first phase, China’s long-awaited national ETS, seen as a key Beijing policy lever to achieve the country’s net-zero emission pledge, will cover some 2,225 power plants across China, responsible for about 4 billion tonnes of carbon emission each year.

The Securities Times cited Lai Xiaoming, the Chairman of the Shanghai Environment and Energy Exchange, in its report. Lai also said limits for block deals in national ETS will be set at 30% of price moves at the beginning, and adjusted in accordance to market movements.

While Lai’s exchange will host trading, the Wuhan exchange will manage the ETS registry platform.

Financial institutions or individual investors will not be allowed to participate in trading in the early stage of the national ETS, restricted to carbon-emitting utilities, but as soon as the trading mechanism matures, institution investors would be included, said Lai.

At a conference last Saturday, Lai said China is looking to bring two more sectors into carbon emission verification this year and include them into the national ETS next year.

China had aimed to cover eight high-emission industries, including petrochemicals, chemicals, building materials, non-ferrous, papermaking, steel, power generation and aviation, into the national trading scheme.

(Reporting by Muyu Xu and David Stanway; Editing by Kenneth Maxwell)

Source: https://money.usnews.com/investing/news/articles/2021-05-28/china-to-limit-daily-price-swings-in-national-emissions-trading-to-10-media

North Korea’s population lacking food, trading valuables at border, analysts say

May 29, 2021May 29, 2021 admin_coinvest

May 28 (UPI) — North Korea‘s economy could be susceptible to collapse because of the prolonged suspension of trade with China, according to a recent press report.

Deutsche Welle reported Thursday analysts are in agreement about the adverse impact North Korea’s border shutdown is having on the general population. Sources also said COVID-19 quarantine restrictions have been used to tighten control over daily life.

Lina Yoon, a North Korea specialist at Human Rights Watch, told DW that based on personal accounts and other uncorroborated evidence, the situation in the isolated country could be reaching a breaking point.

“I have been hearing that the situation is dire. Food accessibility is limited and people are having a hard time accessing daily necessities,” Yoon said.

North Korea closed its border with China in January 2020, allowing few essential goods to pass checkpoints before sealing off those areas in late 2020.

Nearly all of North Korea’s trade is conducted with China. With the extended shutdown, even North Korean elites could be hurting, according to Michael Madden, a 38 North contributor.

Madden said there have been “credible reports” of North Korean elites being “caught illegally trying to sell their assets,” including gold or aluminum at the border with China.

“These are elite people looking out for their future,” Madden said, according to DW.

The analyst also said North Korea has used COVID-19 as a pretext to tighten social controls. Ordinary North Koreans could be eating fewer meals a day, he said.

Kim Jong Un said at North Korea’s Eighth Party Congress in January that the regime’s past five-year plan had failed.

Kim’s new five-year plan is being promoted in state media.

KCNA reported Thursday Kim said in a letter to the General Federation of Trade Unions of Korea that self-sufficiency should be the key to realizing the plan’s goals.

Workers should work “through our own efforts and by own technology,” and “resolutely reject proclivity to import and reliance on others,” Kim said, according to state media.

Source: https://www.upi.com/Top_News/World-News/2021/05/28/North-Korea-population-lack-food-COVID-border/3181622213308/

Business News | Stock and Share Market News

May 28, 2021May 28, 2021 admin_coinvest

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Any sustainable transfer above 15,380 ranges could trigger momentum in direction of 15,450-15,550 ranges, stated Rajesh Palviya of Axis Securities..

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Source: https://tradingnews.io/2021/05/28/business-news-stock-and-share-market-news-79/

LH:Why the Technicals for Laboratory Corporation #LH can be More Revealing than the Fundamentals $LH

May 26, 2021May 26, 2021 admin_coinvest

Why the Technicals for Laboratory Corporation LH can be More Revealing than the Fundamentals

#technicalanalysis provides insights that #fundamentalanalysis cannot. We can use that to our #advantage in Laboratory Corporation (NYSE: LH). Using the data offered below we have a real-time example. Review The technical data for LH below, and the added value of technical analysis will become clearer. Trading plans are derived naturally from the technicals. This data is current, but it is not real time. If you want a real time update, or data on a different stock, please get one here Unlimited Real Time Reports.

Source: Stock Traders Daily

Review the LH Trading Plans:

Technical Summary

Term →Near Mid Long Bias Weak Strong Strong P1 0 0 242.78 P2 274.01 264.31 257.83 P3 276.81 272.32 273.94 Longer Term Trading Plans for LH May 26, 2021, 8:00 am ET

Our Longer Term Plans for LH help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this LH Report.

LH – (Long) Support Plan

Buy over 273.94 target n/a stop loss @ 273.15.

LH – (Short) Resistance Plan

NONE .

Swing Trading Plans for LH May 26, 2021, 8:00 am ET

Our Swing Trading Plans for LH help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this LH Report.

LH – (Long) Support Plan

Buy over n/a, target n/a, Stop Loss @ 0

LH – (Short) Resistance Plan

Short near n/a, target 273.94, Stop Loss @ 0.

Day Trading Plans for LH May 26, 2021, 8:00 am ET

Our Day Trading Plans for LH help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this LH Report.

LH – (Long) Support Plan

Buy over 276.81, target n/a, Stop Loss @ 276.16

LH – (Short) Resistance Plan

Short near 276.81, target 274.01, Stop Loss @ 277.46.

NONE .

Source: https://news.stocktradersdaily.com/news_release/12/Why+the+Technicals+for+Laboratory+Corporation+LH+can+be+More+Revealing+than+the+Fundamentals_052621080001.html

JNK:How to Develop Trading Plans for Spdr Barclays High Yield Bond #JNK and other Stocks $JNK

May 26, 2021May 26, 2021 admin_coinvest

How to Develop Trading Plans for Spdr Barclays High Yield Bond JNK and other Stocks

According to Stock Traders Daily, a 20-year industry veteran, #investors can use the #priceaction in Spdr Barclays High Yield Bond (NYSE: JNK) to foretell upcoming changes. A current example is provided below. There are trading plans for JNK, but the data on this page does not update in real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports.

Source: Stock Traders Daily

Review the JNK Trading Plans:

Technical Summary

Term →Near Mid Long Bias Neutral Neutral Neutral P1 0 0 108.90 P2 109.14 108.45 110.25 P3 0 108.93 111.38 Longer Term Trading Plans for JNK May 26, 2021, 1:15 am ET

Our Longer Term Plans for JNK help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this JNK Report.

JNK – (Long) Support Plan

NONE.

JNK – (Short) Resistance Plan

Short under 108.90, target n/a, stop loss @ 109.21

Swing Trading Plans for JNK May 26, 2021, 1:15 am ET

Our Swing Trading Plans for JNK help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this JNK Report.

JNK – (Long) Support Plan

Buy over 108.93, target 110.25, Stop Loss @ 108.62

JNK – (Short) Resistance Plan

Short near 108.93, target 108.45, Stop Loss @ 109.24.

Day Trading Plans for JNK May 26, 2021, 1:15 am ET

Our Day Trading Plans for JNK help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this JNK Report.

JNK – (Long) Support Plan

Buy over 108.93, target 109.14, Stop Loss @ 108.68

JNK – (Short) Resistance Plan

Short near 108.93, target 108.45, Stop Loss @ 109.18.

JNK Dividend Chart for May 26 2021

NONE.

Source: https://news.stocktradersdaily.com/news_release/22/How+to+Develop+Trading+Plans+for+Spdr+Barclays+High+Yield+Bond+JNK+and+other+Stocks_052621011502.html

Tracking the latest Julio Jones news, trade rumors

May 25, 2021May 25, 2021 admin_coinvest

Atlanta Falcons wide receiver Julio Jones gestures against the Washington Redskins at FedEx Field.

We keep track of the storylines emerging out of Atlanta surrounding Falcons’ WR Julio Jones and his possible trade.

The Atlanta Falcons and Julio Jones appear on the verge of a split. When the team drafted tight end Kyle Pitts with the No. 4 overall pick instead of taking a quarterback, it seemed they were all in on winning this season. The Pitts pick now looks like the team just couldn’t pass on his talent, but are still keeping their eye on the future, as reports surface that the team wants to move their future Hall of Fame wide receiver.

Jones requested a trade a couple months ago according to NFL Network’s Ian Rapoport. The Falcons also said, “would like to trade” Jones according to The Athletic’s Jeff Schultz. They surely want to get as much as possible for their star wide out, and likely told prospective trade partners that they are very willing to keep him another season. But, now that Jones has requested a trade and said on record about his time in Atlanta, “I’m out of there,” they likely don’t have as much leverage. He also says that he wants to go to a winning team, which could narrow the trade partners down.

There are plenty of possibilities out there of teams that could use someone of Jones’ caliber to take a big step toward a Super Bowl win. Rumors will be flying, but at this moment there really is no frontrunner for his 2021 services.

Source: https://dknation.draftkings.com/2021/5/24/22451416/julio-jones-rumors-news-atlanta-falcons-trade-tracker-nfl-teams-interested

Rams CB Jalen Ramsey cryptically recruits Julio Jones on Twitter amid trade rumors

May 25, 2021May 25, 2021 admin_coinvest

No team in the NFL has made more blockbuster trades in the last four years than the Los Angeles Rams, and while they’re highly unlikely to acquire Julio Jones from the Atlanta Falcons, count Jalen Ramsey as someone who would love to see it happen.

With trade rumors swirling about Jones’ future in Atlanta, Ramsey sent a cryptic tweet Monday recruiting Jones to the Rams. He listed all the reasons the Rams should be a preferred destination for all superstars, naming their winning culture, prime-time games and the great city of L.A. as selling points.

He ended it by making it clear he’s recruiting because he wants to win, though he didn’t mention Jones by name.

A winning culture, a great city, prime time games, LA’s number 1 football team, etc etc..

sounds like the Rams should be a place superstars should want to play football lol 👀🤷🏾‍♂️

Blessings 🙏🏾 #YesImRecruiting lol I wanna win 🏆

— Jalen Ramsey (@jalenramsey) May 24, 2021

Back in March, Ramsey said he wouldn’t mind seeing the Rams acquire a top-tier receiver – which Jones unequivocally is. He didn’t specifically mention any names or point to a player the Rams should target, but Jones would definitely suffice for Ramsey.

“I look forward to playing any top dog, really,” Ramsey said. “But at the same time, I like the challenge of playing against guys, but man, if I could somehow get guys to be my teammate and we can go against each other in practice. And then during the game, we’ll give it to these other teams. That’s more so what I want than anything. We already got Woody and Kupp and I feel like getting these other guys over here, too.”

The team acquiring Jones will have to fit his $15.3 million salary under the cap. The Rams currently have about $7.16 million in cap space, which obviously wouldn’t be enough. But they do have a second-round pick in 2022 and a way to clear some space by restructuring Matthew Stafford’s contract.

It’s still highly unlikely to happen, but Ramsey is going to do what he can to recruit the All-Pro receiver to L.A.

A winning culture, a great city, prime time games, LA’s number 1 football team, etc etc..

Source: https://theramswire.usatoday.com/2021/05/24/rams-falcons-julio-jones-jalen-ramsey-trade-rumors/

Crypto Markets Rebound $300 Billion: Bitcoin Above $36K Again (Market Watch)

May 24, 2021May 24, 2021 admin_coinvest

After another trading day of pain for the bulls, bitcoin has bounced off and jumped over $36,000. Most alternative coins continue their suffering, which is evident by BTC’s market dominance. The metric is up by more than 5% in days and is above 45%.

Bitcoin Jumps Above $36K

The primary cryptocurrency has been on a downfall for the past few weeks, and the situation didn’t really change during the weekend. More FUD coming from China, this time connected with miners located in the nation, intensified the market disruptions.

Bitcoin slumped from 42,000 to below $34,000 in hours on Friday and Saturday. While it attempted a brief recovery, the bears kept the pressure on and pushed it further south.

In the past 24 hours, BTC dumped to just over $31,000 after some mining pools halted their operations in China. Nevertheless, the bulls intercepted this move and reversed the trajectory.

Bitcoin initiated an impressive leg up that resulted in adding roughly $6,000 of value. As a result, the cryptocurrency touched $37,000 and currently stands near that level.

BTC’s market dominance has reacted positively and has increased well above 45%. The metric comparing bitcoin’s market cap with all other altcoins dumped below 40% a few weeks back, but the alts have suffered even more throughout this crash.

BTCUSD. Source: TradingViewETH Over $2K and BNB Nears $300

As mentioned above, the alternative coins didn’t enjoy the past few weeks. Ethereum is among the most substantial losers as it traded above $4,400 earlier in May. However, the adverse developments drove the second-largest cryptocurrency south hard.

In the past 24 hours alone, ETH dumped to $1,750, which became the asset’s lowest price point since late March. However, it has recovered some ground, reclaimed $2,000, and currently stands just shy of $2,300.

Binance Coin also fell hard yesterday as it nosedived to $210. This became the asset’s lowest trading price since early March. Similarly to ETH, though, BNB has reacted well since this dump and has neared $300.

Most larger-cap altcoins mimicked these moves. On a 24-hour scale, though, DOGE (-2%), Ripple (-3.5%), and Polkadot (-5%) are still in red. In contrast, ADA (5%), Bitcoin Cash (2%), Stellar (15%), and Chainlink (7%) have increased in value.

Cryptocurrency Market Overview. Source: Quantify Crypto

Even more impressive recovery sessions come from Polygon (45%), Maker (40%), Mdex (32%), Helium (30%), Harmony (22%), THORChain (17%), Fantom (15%), IOTA (12%), OKB (12%), Stacks (10%), and more.

Ultimately, the cumulative market capitalization of all crypto assets is up by $300 billion from yesterday’s low to over $1.5T now.

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Cryptocurrency charts by TradingView.

Source: https://cryptopotato.com/crypto-markets-rebound-300-billion-bitcoin-above-36k-again-market-watch/

Cardano Blockchain Hits Another Milestone with One Million ADA wallets

May 24, 2021May 24, 2021 admin_coinvest

Cardano Blockchain Hits Another Milestone with One Million ADA wallets –>

Crypto has had a rough week, with several big cryptos losing up to 50% of their worth. Cardano, which has become one of crypto’s bright spots this year, was unable to survive the onslaught. ADA is now trading at $1.31, down 45% in the past seven days.

Despite the decline, the community is consistently growing. The most recent milestone was the creation of one million ADA wallets. Cardano is currently, and has been for a while, one of the most important crypto ventures in the world. One of the main factors is the upbeat community that trusts in the company’s success beyond price rallies. The outcome is now available for everyone to see.

The Cardano Foundation announced the new growth figures on Twitter. So apart from the growing customer base, the numbers reveal a group that is confident in the project’s long-term potential. In 2,490 staking pools, 70% of the ADA in existence has been staked.

With ADA closing at $1.26 at time of writing, this amounts to about $29 billion. The Cardano culture is also very kind. It has reserved $500 million in ADA for charitable endeavors. About 100 humanitarian entities around the world benefit from the money raised from this ADA.

In a blog post dated March 31, the Foundation pointed out that “Some of the largest mission-driven stake pools make regular contributions to charities such as Save the Children, The Water Project, SolarAid, and many more.”

pic.twitter.com/hZxMJgaiO0

— Cardano Community (@Cardano) May 23, 2021

It added:

“Together, more than 10,000 individual delegators—ada holders like you—have pledged a proportion of their personal ada holdings to more than 60 mission-driven stake pools on Cardano. This represents one of the largest collective giving communities in the entire blockchain space, a huge achievement that everyone in our ecosystem should be proud of.”

Proof of Stake (PoS) Vs Proof of Work (PoW).

– What’s the difference?
– What are the advantages of PoS?#Cardano #Blockchain #Cryptocurrency

(3/9)https://t.co/Prmlvis8K0

— Cardano Community (@Cardano) May 23, 2021

Cardano has also positioned itself as a network creation pioneer in the blockchain domain. It has nearly every week edged out Ethereum and Bitcoin in terms of GitHub commits, a key indicator of a blockchain network’s developer involvement.

Bank Developers are starting to understand the benefits and mechanics of Staking; educating themselves on all things Cardano through the Plutus Pioneer Program.

(6/9)#Cardano #Blockchain #Cryptocurrency #CrypoNews https://t.co/qMZ6LHVkDZ

— Cardano Community (@Cardano) May 23, 2021

Source: https://www.cointrust.com/market-news/cardano-blockchain-hits-another-milestone-with-one-million-ada-wallets