Market News
Goldman, Morgan Stanley Limit Losses With Fast Sale of Archegos Assets
Wall Street Journal - 30 Mar 2021 02:18
The decision to sell early helped insulate the financial giants from losses that have hit others.
Maker of NBA Top Shot Scores $305 Million in New Funding
Wall Street Journal - 30 Mar 2021 15:01
Michael Jordan and Kevin Durant are among those betting that the company behind NBA Top Shot is poised to build on the craze over digital collectibles, joining in a funding round that lifted Dapper Labs' valuation to $2....
Lululemon forecasts better-than-expected sales as digital business accelerates
CNBC - 30 Mar 2021 23:42
Lululemon offered an upbeat sales outlook for the current quarter and year, anticipating demand for its sweat-wicking leggings and sports bras will continue.
Treasury Yields Whipsaw Ahead of Biden Spending Announcement
Wall Street Journal - 30 Mar 2021 20:38
U.S. government bond yields marked new territory on Tuesday before quickly retreating, as investors focused on President Biden's next big spending push and prepared for the end of the quarter.
ALLY Poised For Record Highs, Says Bull Signal
Forbes - 30 Mar 2021 20:31IRS Will Begin Sending $1,400 Stimulus Payments To Social Security Recipients And Other Non-Filers This Week
Forbes - 30 Mar 2021 20:20Academy Sports & Outdoors Deserves Some Badges
Wall Street Journal - 30 Mar 2021 19:38
The retailer lags behind Dick's Sporting Goods by some measures but its shares look cheap whichever way you spin it.
What Is a Total Return Swap and How Did Archegos Capital Use It?
Wall Street Journal - 30 Mar 2021 19:37
The common Wall Street derivative has for years faced scrutiny from regulators and some well-known investors.
GameStop's Executive Shakeup: Here Are The Amazon Veterans Tapped To Lead The Firm's Digital Transformation
Forbes - 30 Mar 2021 19:21Archegos Gives Investors Warning Signs
Wall Street Journal - 30 Mar 2021 19:03
The question is whether Archegos is just an accident on a lonely road or a pileup waiting to happen.
Coinbase Hires Ex-SEC Director to Run Capital Markets Division
Wall Street Journal - 30 Mar 2021 18:50
Brett Redfearn, previously in charge of trading and markets at the SEC, will run a unit that includes Coinbase's exchange operations as the crytocurrency company prepares to go public.
How does mean reversion affect investor returns?
livemint.com - 30 Mar 2021 18:33
Investment return expectations should factor in long-term returns, because of mean reversion
Top Stocks To Short Today Amid Bond Headwinds
Forbes - 30 Mar 2021 17:54Free Markets And ESG Investing Won't Fix The Climate Crisis, Says Former Blackrock Sustainability Chief
Forbes - 30 Mar 2021 17:09Moody's Fined for Ratings Linked to Berkshire Hathaway, Its Biggest Shareholder
Wall Street Journal - 30 Mar 2021 16:55
Europe's top markets regulator fined credit-ratings firm Moody's $4 million for breaching rules designed to prevent conflicts of interest with its largest shareholder, Warren Buffett's Berkshire Hathaway.
Gold Miners Recorded Record High Margins Last Year
Forbes - 30 Mar 2021 16:34A True "Reopening" Trade: Suez Resumes Traffic, But Stocks Under Pressure As Yields Rise
Forbes - 30 Mar 2021 15:28Archegos Blowout Heaps Pressure on Credit Suisse
Wall Street Journal - 30 Mar 2021 14:43
Shareholders in the Swiss Bank are bracing for a multibillion-dollar hit from a fire sale of positions held by hedge fund Archegos.
HDFC online and mobile banking outage: don't rely on one bank
livemint.com - 30 Mar 2021 14:37
You can keep the existing bank account by maintaining the average quarterly balance and continue using it for loans and investments. The new bank account can be used for building new savings and investments
China's Big Banks Eked Out Higher Profits in Turbulent 2020
Wall Street Journal - 30 Mar 2021 14:30
China's four largest banks reported that annual net profit rose between 1.2% to 2.9%.
Work From Home Stocks Have Underperformed, Time To Buy?
Forbes - 30 Mar 2021 14:30Amazon-Backed Deliveroo Secures $10.5 Billion Valuation in London IPO
Wall Street Journal - 30 Mar 2021 14:24
Deliveroo priced its initial public offering at the bottom of its range, valuing the food-delivery startup at around $10.5 billion, after its profit outlook came under increasing scrutiny.