Tag Archive : Charts

/ Charts

A year after All Def Digital, one of the web’s biggest Black-owned digital sites, collapsed in the aftermath of #MeToo allegations against founder Russell Simmons, the reborn company is charting a new course led by two former tech executives and backed by an ownership group that includes music and sports notables such as T.I., Killer Mike, Jason Geter, and Baron Davis.

The new ADD is moving beyond the original platform’s tight digital focus on hip hop, comedy and slam poetry. Under new CEO Cedric J. Rogers and partner Shaun Newsum, the new ADD is exploring more genres and distribution approaches. It’s also expanding relationships and programming ventures with traditional media companies, working with WarnerMedia-owned FullScreen, and Comcast
CMCSA
-backed production company Jupiter Entertainment, to beef up its programming, creator networks, brand relationships, and several new initiatives.

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Yubby dibby dibby dibby dum.

Close. Really so close.

Across the landscape known as the equity marketplace, all S&P sectors performed somewhere between well and very well. Taking the temperature of the major to not-so-major indices, performance also excelled. I had written on Monday that I thought maybe on Friday, during that day’s selloff, that perhaps markets were pricing in former Vice President Joe Biden’s tax proposals. Just one weekend later, based on just who and what performed the best, it seemed almost as if markets were pricing these proposals back out. Could I have just been wrong on Friday? Or maybe something else is at work? If I were a rich man…..

Political polls did show a lurch in the former vice president’s favor as the nation learned of President Trump’s diagnosis, and then the spreading of the virus to others within his circles. Perhaps these markets reacted on

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Stock Market Crash Explained In 5 Charts

September 28, 2020 | technology | No Comments

If you are reading this, you are probably wondering what the heck is going on with stocks.

As I’ll show, there are four out-of-sight forces driving the stock sell-off. And all you need to know is summed up in these five simple charts.

Tech stocks are dragging down the stock market

Let’s begin with tech, the culprit of the stock market pullback.

As Covid holed up the world, investors rushed to lockdown-immune tech stocks for shelter. This haste created a historic boom that nearly doubled the entire tech sector in just five months:

But the tech boom didn’t just buoy up tech companies. It lifted the entire stock market.

You see, tech’s put on some “weight” lately. For the past two decades, tech made up 18-22% of the S&P. But last month,

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