Market News
For Tesla Stock, All Roads Lead to 420
Wall Street Journal - 27 Aug 2020 15:29
As Tesla prepares a 5-to-1 stock split, its share price hovering near $2,100 suggests an after-split price around $420--a scenario that would make for a large coincidence.
U.S. Government Bond Yields Fall After Fed Policy Shift
Wall Street Journal - 27 Aug 2020 15:40
Treasury yields fell after the Federal Reserve said it would drop its longstanding practice of pre-emptively lifting interest rates to stave off rising inflation.
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Forbes - 27 Aug 2020 12:30Chinese Tesla Rival to Raise $1.5 Billion in U.S. IPO
Wall Street Journal - 27 Aug 2020 10:54
Xpeng will raise more than initially planned because of investor demand, selling 99.73 million American depositary shares at an offer price of $15.
Gap swings to a loss as sales drop 18%, says strong online sales softened the blow from closed stores
CNBC - 27 Aug 2020 23:55
Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.
Workday stock surges as earnings top estimates; company promotes Chano Fernandez to co-CEO
CNBC - 27 Aug 2020 23:36
Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.
How To Be Eligible For Substantial Tax Savings As A Trader
Forbes - 27 Aug 2020 23:35Fasten Your Seat Belts: Markets Could Have A Bumpy Election Season
Forbes - 27 Aug 2020 23:20Why Not Everyone Is Sure That The Stock Market Record Is Good News
Forbes - 27 Aug 2020 22:52Dollar Stores Can't Catch a Break
Wall Street Journal - 27 Aug 2020 20:17
Stimulus checks have the potential to whipsaw expectations for many retailers, but perhaps none more so than dollar stores.
Prize Fight for TikTok Offers Uncertain Reward
Wall Street Journal - 27 Aug 2020 19:37
A sale of the U.S. portion of TikTok appears imminent. But whoever ends up with the prize might rightfully wonder just what they are buying into.
Pelosi Says Democrats Are 'Not Budging' As Second Stimulus Gridlock Wears On
Forbes - 27 Aug 2020 19:23Bank fixed deposit (FD) rates compared: Axis Bank vs DCB Bank vs Yes Bank
livemint.com - 27 Aug 2020 19:11
Over-exposure to FDs is not good, and you need to assess your asset allocation and goals to decide how much money you should park in them.Here is a list of banks that offer the highest FD rates for deposits up to 1 crore...
How A Small Biz Called Transformation Is Evolving In Post-COVID America
Forbes - 27 Aug 2020 17:53A householder's policy does not cover alterations, improvements
livemint.com - 27 Aug 2020 19:01
In an order issued by the ministry of home affairs in April, it was made mandatory for firms to offer health insurance for all its workers
Covid-led crisis pushes zillennials into investing
livemint.com - 27 Aug 2020 19:01
Data from investing platforms shows workers aged 20-30 are seeking financial protection
Abercrombie & Fitch shares are soaring as the retailer's online sales boom and are profitable
CNBC - 27 Aug 2020 18:33
"As long as you can reduce fixed costs, this shift to digital can be profitable," Abercrombie & Fitch CFO Scott Lipesky said in a phone interview.
Best Stocks To Buy Today As Fed Speech Drives Markets Higher
Forbes - 27 Aug 2020 18:24Microsoft's Stock May Be Heading For An 11% Drop
Forbes - 27 Aug 2020 18:09Salesforce Rated Top Short After Record One-Day Surge
Forbes - 27 Aug 2020 18:08Pandemic Continues, But Have The Markets Moved On?
Forbes - 27 Aug 2020 17:29Fed's Easy Money Pumps Up Winners Like Apple and Housing
Wall Street Journal - 27 Aug 2020 17:18
Lumber and other assets linked to home construction have been big beneficiaries of the Federal Reserve. Helping home-building is one obvious way to help the economy.