Market is Price

Before it sold out, Hozier fans paid $40 via Ticketmaster to sit on the lawn for the singer’s Merriweather Post Pavilion concert in May. Now, latecomers who buy tickets on StubHub will pay nearly five times more for the same vantage point. In some extreme cases, tickets are being digitally hawked on resale sites for 10 or 20 times their face value — before the Columbia music venue even puts them on sale, said Audrey Fix Schaefer, the director of communications for I.M.P., which operates Merriweather Post Pavilion. “Pricing, it’s so far out of control,” Schaefer said. When it comes to the tickets available to customers, “even if they’re paying two times as much, or five times as much, they don’t have to, when they could buy them from us.” Not to mention the disappointment directed at Merriweather when a resale ticket doesn’t work, a common fate, Schaefer said. Now, Maryland’s ticketing landscape is poised for an overhaul. Proposed legislation banning the sale of “speculative ti...

[unable to retrieve full-text content] Stock Market Today: Dow, Nasdaq Open Higher After PCE Inflation Data    The Wall Street Journal from "market" - Google News https://ift.tt/gepIOfi via IFTTT

[unable to retrieve full-text content] Stocks Pare Gains After No-Surprise Inflation Data; AI Stock Soars On Earnings As Boeing Falls    Investor's Business Daily from "market" - Google News https://ift.tt/2NegGK1 via IFTTT

(Google Maps) Rivian Automotive logo is visible outside the electric vehicle company’s office at 607 Hansen Way in Palo Alto. An electric vehicle company and a big hotel have disclosed plans for hundreds of job cuts affecting their Bay Area workers, the latest jolts for an increasingly wobbly employment market in the nine-county region. Rivian Automotive and Marriott San Mateo Hotel have revealed their decisions to chop jobs in the Bay Area, according to official notices the companies sent to the state Employment Development Department. The two companies plan to slash a combined 276 jobs in the Bay Area, the WARN notices show. Here are the details of the recent layoffs: — Rivian Automotive, a maker of electric vehicles, has decided to cut 149 jobs in Palo Alto. The company also is cutting another 154 jobs in the Orange County city of Irvine. — Marriott San Mateo Hotel is cutting 127 jobs in San Mateo as part of the closure of that hotel. The job cuts are all described ...

PMI “Data Science Market” from 2024-2034 with covered segments (Data Science Market, By Types (Solution and Services), By End-User (Banking and Financial Institutions (BFSI), Telecommunication, Transportation and Logistics, Healthcare, and Manufacturing), and Regional Forecast, 2024-2034), which provides the perfect mix of market strategies, and industrial expertise with new cutting-edge technology to give the best experience. Covina, Feb. 28, 2024 (GLOBE NEWSWIRE) -- “According to the recent research study, the Data Science Market size was valued at about USD 80.5 Billion in 2024 and expected to grow at CAGR of 31.0% to extend a value of USD 941.8 Billion by 2034.” What is Data Science? Market Overview: Data science is a multidisciplinary field that involves extracting insights and knowledge from data using various scientific methods, algorithms, processes, and systems. It combines aspects of statistics, mathematics, computer science, and domain expertise to analyze c...

(Bloomberg) -- The combined value of the cryptocurrency market has jumped to around $2 trillion for the first time on almost two years on the back of the ETF-fueled rally in Bitcoin. Most Read from Bloomberg The largest digital asset, which data from CoinMarketCap.com shows accounts for about 52% of the entire market, rose as much as 5.1% to $57,443 on Tuesday. Bitcoin has surged around 12% already this week, and is trading at the highest level since December 2021. The value of the crypto market reached around $2.7 trillion a month earlier, when token prices were at all-time highs. Listen to the Big Take podcast on iHeart, Apple Podcasts, Spotify and the Bloomberg Terminal. Read the transcript. Bitcoin’s price has increased 32% since the turn of the year, extending a prolonged rally that has also stoked speculative appetite for smaller tokens like Ether and Dogecoin. A net $6.1 billion has poured into a batch of landmark Bitcoin exchange-traded funds that began trading in the US ...

US stocks were mixed on Tuesday after a pullback from all-time highs, with retail earnings on tap to occupy investors counting down to a crucial inflation report. The Dow Jones Industrial Average ( ^DJI ) fell about 0.3% while the S&P 500 ( ^GSPC ) was little changed in the wake of a retreat from record levels . Tech stocks were more upbeat, with a rise of 0.2% for the Nasdaq Composite ( ^IXIC ). Stocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy. Looming over investors is the PCE index report due Thursday, a key inflation input into the Federal Reserve's rate-setting decisions. Read more: What the Fed rate decision means for bank accounts, CDs, loans, and credit cards Given the market's   preoccupation with the timing of a rate cut , the PCE print is seen as a potential catalyst for stocks to move in either direction. In the meantime, consumers appear less confident about the US e...

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 14, 2024.  Brendan McDermid | Reuters Stocks were flat Tuesday as the market rally took another breather, with investors looking ahead to key data slated for release later this week. The S&P 500 inched marginally lower, while the Dow Jones Industrial Average dipped 155 points, or 0.4%. The Nasdaq Composite added 0.1%. Retail giant Macy's advanced more than 4% after announcing it would close around 150 of its struggling stores after reporting a revenue miss in the prior quarter. Lowe's gained 3% after posting an earnings beat. Zoom Video and Hims & Hers Health rose 4.2% and 30%, respectively, following earnings reports that exceeded Wall Street expectations. The market on Tuesday "really doesn't have a lot of direction," according to Sam Stovall, chief investment strategist at CFRA Research. Different sectors "are each marching to the b...

Bitcoin continued its rise, hitting a two-year high Tuesday (Feb. 27) and surpassing $57,000 as big buyers flock to the cryptocurrency market. The digital currency has seen a more than 10% increase in value in just two sessions, Reuters reported Tuesday. The recent surge in bitcoin’s price can be attributed in part to large players entering the market, according to the report. For example, MicroStrategy , a crypto investor and software firm, announced Monday (Feb. 26) that it had purchased 3,000 bitcoins for $155 million, further fueling the rally. Additionally, the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States has also contributed to bitcoin’s bullish run, the report said. Ether, bitcoin’s smaller rival, also saw significant gains, topping $3,200 for the first time since 2022, per the report. The rally in bitcoin comes ahead of the bitcoin halving event scheduled for April, which is expected to further reduce the supply of bitcoin, according to th...

[unable to retrieve full-text content] Nvidia bets dominate US options market as AI fervor grows    Reuters from "market" - Google News https://ift.tt/P3zlCca via IFTTT

Traders work on the floor of the New York Stock Exchange during morning trading on February 23, 2024 in New York City.  Michael M. Santiago | Getty Images Stocks were flat Monday after key stock benchmarks reached record highs and investors awaited inflation data slated for release later this week. The Dow Jones Industrial Average added just 4 points, or 0.01%, while the S&P 500 inched down 0.09%. The Nasdaq Composite rose 0.14%. Amazon joined the 30-stock Dow on Monday, replacing Walgreens Boots Alliance . The Dow's holdings are weighted according to stock price, not market cap. The addition of the e-commerce giant will increase the index's exposure to tech and consumer retail. Amazon shares were little changed Monday. Stocks are coming into the final week of February on a high note after the major indexes achieved key milestones and registered winning weeks with help from Nvidia's blockbuster earnings . Investors are now watching whether the AI mom...

“I won’t sell,” “ Malibu ” Millie Decker once told a reporter. “I’ve told them that already!” Mildred Mae Meek Lewis Mandeville Decker, known as the “last of the Malibu hillbillies,” was true to her oath and kept her family’s ranch high in the Malibu mountains until her death at 98 in 2018. Now, the Decker Family Trust is selling a rustic cottage and 7.8 acres off Decker Canyon Road for $1.6 million . Currently under contract, the estate, purchased in 1936 by Millie’s third husband, Jimmy Decker, features a rustic, light-filled two-bedroom, one-bathroom cottage with original knotty pine paneling, Douglas fir wood flooring, a large redwood deck, and a stone fireplace with rocks gathered from the surrounding hills. Keeping up the cowboy theme, the property includes a glass green house, a refurbished 1950s travel trailer, and horse corrals. Related Stories “The Decker family lived off the land and grew their own vegetables and fruits, tended beehives, raised chickens, rabbits and du...

ALBANY, N.Y. ( NEWS10 ) — The Albany County Farmers Market will return starting July 14 and running every Sunday until September 29. The market will be open from 10 a.m. to 2 p.m. on South Pearl Street in front of the MVP Arena. Get the latest news, weather, sports and more delivered right to your inbox! The Downtown Albany Business Improvement District presents the farmers market in partnership with Albany County and MVP Health Care. They announced that vendor applications are open now with a list of goods you can sell at the market on the application. Anyone who has any questions about the application can email hello@downtownalbany.org or call (518) 465-2143. There is also a list of rules and regulations for vendors available online. Troy Hot Chocolate Stroll winners announced The farmers market aims to bring fresh, high-quality food and artisan goods sourced from local farmers and producers to the community. It will also provide entertainment, family activities, nutrit...

The return of Donald Trump as president is a scenario that investors are beginning to consider. Another trade war could be a headwind for stocks under a Trump 2.0 presidency, but it wouldn't be enough to stop an AI bubble, according to Capital Economics. "We do think inflationary concerns would again push up Treasury yields, just from a different source — tariffs," the firm said. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Advertisement Investors are beginning to consider the potential stock market implications of a second Donald Trump presidency. Trump has been ahead of President Joe Biden in various polls and betting markets, so a second Presidential term of Trump is not out of question. According to a recent note from Capital Economics, a Trump 2.0 presidency would likely have a big impact on the top macro factors that investors are most concerned about: inflation, inter...