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Market News

Location American Market News for 13 February 2021

Inside the WallStreetBets Forum That Launched GameStop Frenzy

Wall Street Journal - 13 Feb 2021 12:30
Five days of chaos on Reddit: "This is the most fun I've ever had losing money."
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Citigroup, Bank of America Cut CEO Pay

Wall Street Journal - 13 Feb 2021 01:37
Citigroup CEO Michael Corbat's pay was cut by 21%. Brian Moynihan, Bank of America's chief executive, saw his pay reduced by 7.5%.
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Your Student Loans May Get Cancelled, But Likely Not By Executive Order You may get student loan cancellation, but it likely won't happen by executive order.
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Verbit Vies With Nuance Communications In $30B Transcription Market Nuance is aiming for 5% to 8% growth this year. To boost its stock, should it acquire a faster-growing rival?
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If Tesla Bubble Bursts, Catastrophe Won't Follow

Wall Street Journal - 13 Feb 2021 15:00
The bursting of market bubbles can bring economic destruction, but that wasn't the case with Britain's bicycle-stock mania of the 1890s.
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12-Month Outlook: Bigger Gains, And Dividends, In Closed-End Funds These 3 hidden catalysts all point to stronger market gains in the weeks and months ahead.
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Lyft, Bumble, Walt Disney: Stocks That Defined the Week

Wall Street Journal - 13 Feb 2021 02:14
Here are seven major companies whose stocks moved on the week's news.
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Protect Yourself. Live Outside The Bubble

Forbes - 13 Feb 2021 01:09
Protect Yourself. Live Outside The Bubble We are in a financial bubble. Protect yourself. Avoid regret-induced errors. Live outside the bubble. Don't be a mindless price-taker!
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