Clap Trap of The Quack Knack Box: 2020

Sunday 9 August 2020

The big sixth straight gains as investors await stimulus deal

The Dow Jones Industrial Average and S&P 500 eked out small gains on Friday, shaking off concerns over rising U.S.-China tensions and ongoing coronavirus stimulus negotiations. The 30-stock Dow closed 46.50 points higher, or 0.2%, at 27,433.48. The S&P 500 ended the session up 0.1% at 3,351.28. Those gains were enough to stretch their winning streaks to six days.

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Thursday 16 July 2020

They're the goths of the deep, like Vantablack with fins

Goths know black is cool. Some scary-looking fish swimming the ocean depths know this, too. A team of researchers is unlocking the deep, dark secrets of blacker-than-black fish that have developed special skin characteristics to help them hide from predators that use bioluminescence to hunt.

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The researchers, including lead author Alexander Davis, a doctoral student in biology at Duke University, published a study on the ultra-black fish in the journal Current Biology (PDF) on Thursday. They identified at least 16 species of deep-sea-dwelling fish with skin that absorbs over 99.5% percent of light. It's the ultimate camouflage for the inky depths of the ocean.

Wednesday 15 July 2020

Stock Markets Bounce Higher Tuesday Because of Me

One of the themes that investors have seen play out in recent months is the triumph of newer companies over their more mature counterparts. Nowhere has that been clearer than in the auto industry, where Tesla (NASDAQ:TSLA) and a host of electric vehicle upstarts have made well-established automaker giants seem hopelessly out of date.

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On Tuesday, though, Ford Motor (NYSE:F) and General Motors (NYSE:GM) managed to post bigger gains than Tesla's stock did. Value investors hope that it might be time for legacy auto giants to shine, but today's move higher was just a tiny step toward coming close to regaining supremacy in the industry.

Tuesday 14 July 2020

First Daughter stuns in £5k white outfit for White House campaign

Ivanka Trump, mum of three and senior White House advisor, shared a video of herself on Instagram showing off her figure while styling an all white outfit. Ivanka Trump has become a style icon for women all over the world and has inspired many with her classic but stylish looks. Dressed in a full white outfit, she stunned her Instagram followers with her simple but effective look.

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Wearing a matching white mask, Ivanka was pictured leaving her home this morning and heading to work.

Ivanka showed off her figure in her full white outfit by tightening her waist with a white belt.

Opting for a white pleated midi skirt with the matching belt by designer Emilia Wickstead, the skirt reached just above her ankles and showed off her tanned legs.

A similar belt by the same designer retails at around £300 and a similar white and black pleated skirt costs around £544.

Monday 13 July 2020

Retailers are alarmed with the instances of hostility and violence

The Retail Industry Leaders Association, which represents Walmart, Target, Best Buy, Walgreens, Home Depot and other major chains, is asking governors to mandate masks across the nation and says different local mandates have created confusion leading to conflicts between customers and store employees.

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"Retailers are alarmed with the instances of hostility and violence front-line employees are experiencing by a vocal minority of customers who are under the misguided impression that wearing a mask is a violation of their civil liberties," Brian Dodge, the retail association’s president, said in a recent letter to the National Governors Association.

Saturday 11 July 2020

This is among the results of the survey conducted by global cybersecurity

In a virtual briefing Friday, Oscar Visaya, Palo Alto Networks country manager for the Philippines, said the result of the survey showed that one in two companies in the Philippines alone hiked their cybersecurity budget this year compared to last year.

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He said 43 percent of the officials from surveyed businesses said bulk of their information technology (IT) investments are allocated for cybersecurity, particularly to upgrade their security frameworks to automated technologies, as well as to increase securities on rising volume of cyberthreats. The increased investment is also a result of their cyber risk assessment, he added. The higher investments for this purpose are encouraging, he said, adding this will prevent cyberattacks and disrupt business operations. “However, in light of the Covid-19 pandemic, businesses will now need to navigate the newfound risks brought about by remote work and other Covid-19-themed threats. This will require a relook at cybersecurity existing strategies and investments,” he said. In terms of products that companies use to further strengthen their cybersecurity capacity, Visaya said 86 percent said they use anti-malware and antivirus tools, 59 percent said they use next-generation firewalls, and 47 percent said they have started to invest in cloud native security.

Friday 10 July 2020

Emphasising his folksy, humble roots, and the struggles he faced as a single parent

The major US indexes have been on a tear since hitting historic lows in March. But many analysts have highlighted the sharp divergence between the strong rebound in equity markets versus economic data that shows an unequal recovery that by some measures started decelerating in June. And data on Thursday showed more than 30 million Americans are collecting unemployment benefits from state and federal programmes.

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Notably absent from Biden's speech on Thursday was any mention of big, bold policies favoured by some progressive Democrats, such as The Green New Deal.

With less than five months to go until Americans go to the polls, the economy is one area where Biden is playing catch up with Trump.

A recent poll by Pew Research found that while 54 percent of registered voters would either choose or were leaning towards electing Biden, compared with 44 percent for Trump, when it comes to economic policy, half of voters - 51 percent - said they were very or somewhat confident Trump would make good decisions, compared with 48 percent for Biden.