On Tuesday, Feb. 25, 2020, CRM company, Salesforce (CRM) announced that its co-Chief Executive Officer, Keith Block was stepping down leaving the founder of the company, Marc Benioff to solely act as...
BITCOINSince the beginning of the week, the stock market experienced steep declines as share prices dropped. The decline was triggered by the rapid spread of the deadly coronavirus to about 38 countri...
DefinitionBatch processing is an accounting process of gathering and documenting all organizational documents like financial records (depositing checks, mailing bills), bank statements, payrolls, and ...
DefinitionBAT is a term used to refer to the stocks of three major companies in the Asian region, namely; Baidu Inc. (BIDU), Alibaba Group Holding Ltd. (BABA), and Tencent Holdings Ltd. (0700. Hong Ko...
DefinitionBasket trade is a term common in securities trading as it involves the simultaneous trading of a group of securities known to be in a “basket.” It is basically used to buy stocks. This t...
As a baseline is used to compare prices or track the performance of an entity, so also is the basket of goods strategy used to compare prices of given commodities. Considering that there is no general...
The great recession of 2009 affected a lot of investors and left many with lessons and precautions plans. During the recession, out of panic, many of the investors sold out their stock for a very low ...
Breaking news:Disney media companies said its CEO, Bob Iger, to stepped down immediately, and Bob Chapek named his successor. According to Disney, the change is in e...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...