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Market News

Location American Market News for 29 May 2021

AMC's Stock Set Up For A Short Squeeze

Forbes - 29 May 2021 00:16
AMC's Stock Set Up For A Short Squeeze While it hasn't happened yet, AMC's shares are set up for a short squeeze.
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Regulators sued a group of cryptocurrency promoters who helped raise over $2 billion from investors with the promise of 40% monthly returns, in one of the largest cases ever brought over digital assets.
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Bank fixed deposit (FD) rates compared: What SBI, HDFC Bank, ICICI, Kotak Mahindra Bank offer State Bank of India (SBI), ICICI Bank, HDFC Bank and Kotak Mahindra Bank offer FD tenures ranging from 7 days to 10 years
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Income Tax dept to launch new e-portal for easier ITR filing methods. Here's what changes Ahead of the launch of new Income Tax Department's website, the e-filing services will be will be shut for six days between June 1 and 6.Income Tax Department will launch its new e-filing portal incometax.gov.in on 7th J...
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PC Makers Have a Peak to Scale

Wall Street Journal - 29 May 2021 15:03
HP and Dell have been the hottest stocks in tech, but fears the personal-computer market is peaking are starting to weigh.
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The 1921 massacre in Tulsa, Okla., took the lives of dozens of Black residents. It also left behind a devastated neighborhood and many property owners struggling to cover their losses.
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Should you withdraw an FD or take a loan against it?

livemint.com - 29 May 2021 13:53
Should you withdraw an FD or take a loan against it? A loan against FD is one of the quickest ways to raise money in an emergency, most banks allow customers to take a loan online through net banking
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What Everyone Should Know About BlackRock's New Fund There's a new closed-end fund (CEF) on the market, and it comes from one of the biggest CEF issuers in the space: BlackRock.
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Banks warn of KYC fraud, here's what you should do

livemint.com - 29 May 2021 12:16
Banks warn of KYC fraud, here's what you should do If you don't want to visit the branch, you can use the doorstep banking facility. Public sector banks have got together to form PSB Alliance. Under this service, customers of government banks can avail banking services a...
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Use NCB of old vehicle insurance policy to reduce new vehicle policy premium You can retain the NCB earned on your old or existing vehicle's insurance policy and get it transferred to a new vehicle's policy by either selling your old/existing vehicle or transferring it.
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Redemption rate of 1st Sovereign Gold Bond Tranche set 80% higher vs issue price SGBs mature eight years after their issue date, however the RBI allows premature redemption after the fifth year. This premature redemption window opens every six months on each coupon payment date
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Exxon, Amazon, Ford, Best Buy: Stocks That Defined the Week

Wall Street Journal - 29 May 2021 01:00
Here are seven major companies whose stocks moved on the week's news
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