Market Coverage: Wednesday July 21 Yahoo Finance


Yahoo Finance 21 July, 2021 - 07:58am 16 views

What is Nvidia stock split?

Nvidia (NASDAQ: NVDA) will be executing a 4-to-1 stock split, and shares are expected to start trading on a split-adjusted basis on July 20. ... The price-to-earnings ratio was 89, based on a $751 share price. NasdaqIs Nvidia Stock a Buy Now After the 4-to-1 Stock Split?

Churchill Capital Looks Like It's Getting Squeezed In A Pennant Pattern | Benzinga

Benzinga 20 July, 2021 - 04:35pm

Churchill Capital Corp IV (NYSE:CCIV) shares are trading higher Tuesday after the company announced that shareholders need to vote on July 22 whether they are in favor of the business combo with Lucid Motors. The stock was trending throughout the day on social media sites such as StockTwits.

Churchill Capital was up 9.47% at $24.28 at last check Tuesday.

Bulls would like to see the stock continue trading within the pattern until it reaches the end of the pennant and then breakout. Bulls would like to see a large breakout in the coming weeks with a period of consolidation following. Bulls want the stock to stay trading above the moving averages for sentiment to remain bullish.

Bears would like to see the stock break below the pattern support. A break below pattern support could cause the stock to see a further bearish move. Bears want to see the stock fall below the moving averages for a change in sentiment and possible change of trend.

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Trump ally Barrack arrested on foreign lobbying charges -U.S. Justice Department

Yahoo News 20 July, 2021 - 02:13pm

WASHINGTON/NEW YORK (Reuters) -Thomas Barrack, a billionaire friend of Donald Trump who chaired the former president's inaugural fund, was arrested on Tuesday and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.

A seven-count indictment filed by federal prosecutors in Brooklyn, New York, alleged that Barrack, a former employee and an Emirati businessman failed to register as lobbyists and used their influence to advance the UAE's foreign policy goals in the United States.

Barrack, who was arrested in Los Angeles, is also alleged to have repeatedly lied during an FBI interview about his dealings with the UAE.

Barrack's spokesperson refuted the charges. "Mr. Barrack has made himself voluntarily available to investigators from the outset. He is not guilty and will be pleading not guilty," the spokesperson said.

U.S. Department of Justice official Mark Lesko said in a news release that "the defendants repeatedly capitalized on Barrack’s friendships and access to a candidate who was eventually elected president, high-ranking campaign and government officials, and the American media to advance the policy goals of a foreign government without disclosing their true allegiances."

Barrack, 74, is a longtime Trump ally and founder of the digital infrastructure-focused private equity firm DigitalBridge Group Inc , which was known as Colony Capital Inc before a rebranding announced in June.

Barrack stepped down as DigitalBridge's chief executive in 2020. In April, he resigned as executive chairman of the firm but has remained as a non-executive director. Forbes estimates his wealth at $1 billion.

DigitalBridge has about $32 billion in digital assets under management, which includes data centers across North America and the UK. Barrack owns about 5.7% of DigitalBridge, whose shares closed down 1.4% at $6.93 on Tuesday.

A spokeswoman for DigitalBridge declined to comment.

Barrack was a prominent supporter of Trump’s successful 2016 presidential campaign and directed his inaugural committee.

Federal prosecutors are seeking to have Barrack held in detention, saying in a court filing that his vast wealth, access to private jets and history of international travel indicate he could become a fugitive.

(Reporting by Jan Wolfe in Washington D.C. and Chibuike Oguh in New York; Editing by Mark Heinrich and Peter Cooney)

Prosecutors say a wealthy investor traded on ties to the administration to benefit the United Arab Emirates.

Thomas Barrack, who spearheaded the inaugural fund for former President Donald Trump in 2017, was arrested and charged Tuesday with illegal foreign lobbying on behalf of the United Arab Emirates.

The Florida man was airlifted from Halpatiokee Regional Park and treated for "severe" injuries

Detroit, you are on the clock. The NBA offseason — if you can call it that — is here. The Milwaukee Bucks officially flipped the league calendar to summer on Tuesday night, capturing their first title in 50 years and turning out the lights on a season that navigated its way through a pandemic to crown a new champion.

Sens. Dick Durbin and Cory Booker said those released during the pandemic "have posed no threat" and should not be forced back to prison.

John MooreThe chairman of former President Donald Trump’s 2017 inaugural fund has been arrested on federal charges for illegally lobbying on behalf of the United Arab Emirates, the Department of Justice announced Tuesday.A seven-count indictment accuses billionaire real-estate investor Thomas Barrack, 74, Aspen resident Matthew Grimes, 27, and UAE national Rashid Sultan Rashid Al Malik Alshahhi, 43, of “acting and conspiring to act as agents of the UAE” in an attempt to influence the policy posi

The former president was uncharacteristically honest with his response to Washington Post journalists Carol Leonnig and Philip Rucker.

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A teenager who says he’s a U.S. permanent resident and his fiancée are once again on the run from the threat of extradition to their homeland, China, in a sign of Beijing’s lengthening reach over perceived dissidents abroad. Chinese officials had sought Wang Jingyu, a 19-year-old student, over his online comments about deadly border clashes between Chinese and Indian forces last year.

Andrea Dick is a die-hard supporter of former President Donald Trump and thinks the election was stolen from him, although that claim has been thoroughly discredited. She does not like President Joe Biden, and that is putting it mildly. Her opinions are clear in the blunt slogans blaring from the banners outside her New Jersey home: “Don’t Blame Me/I Voted for Trump” and several others that attack Biden in crude terms. Several feature a word that some people find particularly objectionable but w

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