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Market News

Location American Market News for 22 June 2021
Blend Labs Co-Founder Nima Ghamsari Given Potential $10.9 Billion Incentive Pay Package Blend Labs co-founder Nima Ghamsari stands to make $10.9 billion over ten-years as part of an incentive package that resembles Elon Musk's at Tesla.
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Forecast Of The Day: 3M Safety & Industrial Revenues Trefis expects 3M's (NYSE:MMM) Safety & Industrial Revenues to grow from around $11 billion in 2020 to over $12 billion in 2021 and $12.5 billion in 2022...
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At $175 Per Share, Is Qorvo The Cheapest 5G Semiconductor Play? Qorvo is a semiconductor vendor best known for supplying radio frequency components, ultra-wideband, and WiFi solutions for consumer electronics products. The stock has been a relative underperformer this year, rising by...
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Tech Stocks Rally: Nasdaq Closes At Record High After Powell Eases Inflation Concerns Led by Netflix, Amazon and Facebook, tech stocks rallied Tuesday.
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Four investment mantras for wealth creation

livemint.com - 22 Jun 2021 21:50
Four investment mantras for wealth creation 2020 may have been a fairy tale year for equity investors, but markets can reverse course
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Maiden name won't cause complications in property dealings A change in maiden name post marriage in India does not create any complication relating to title to assets
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Bitcoin Prices Bounce Back After Falling Below $30,000, Climbing 15% After falling to their lowest since January, bitcoin prices rallied, climbing more than 15%. What key technical levels should traders watch going forward?
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Arbitrage funds: Making the best of stock market swings They generate returns on a par with liquid funds over the long term but can be volatile over the very short term
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Renovate your home, save on capital gains tax

livemint.com - 22 Jun 2021 21:15
Renovate your home, save on capital gains tax Cost of improvement refers to the capital expenditure by a person (you or previous owner) for making any addition or improvement in the capital asset
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Why There Is No 'Taper Tantrum' This Time Around

Wall Street Journal - 22 Jun 2021 20:05
Markets aren't reacting to signals of tighter Federal Reserve policy as they did in 2013, and there are two possible explanations.
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Earnings Bonanza Could Dwarf Fed Worries

Wall Street Journal - 22 Jun 2021 19:12
A better economy might deliver earlier Federal Reserve tightening, but first it will deliver stronger corporate profits.
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Student Loan Cancellation Denied By Supreme Court--Here's Why Here's what it means for your student loans.
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Company Of The Day: Microsoft

Forbes - 22 Jun 2021 17:30
Company Of The Day: Microsoft Microsoft (NASDAQ:MSFT) is set to unveil the next generation of its Windows OS during an event on June 24. The OS is likely to feature a new user interface and Start menu...
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GameStop Raises $1.1 Billion--Cashing In On 1,200% Reddit-Fueled Surge And Sending Shares Skyrocketing Again The stock jumped 7% in pre-market trading.
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Is A Correction In The Cards For Clean Energy Fuels Stock? Clean Energy Fuels stock (NASDAQ: CLNE) has rallied by almost 9% over the last week, outperforming the S&P 500 which is down by about 2% over the same period. While CLNE's increasing focus on expanding its environmentall...
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The Inside Scoop On A New 6.5%-Yielding Fund Recently, a reader wanted my take on the PIMCO Dynamic Income Opportunities Fund (PDO), which boasts a 6.5% dividend yield...
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PF withdrawal after 5 years of continuous service is tax free. Know how it is calculated Where there are multiple employers and the PF balances are transferred to the PF account with the most recent employer
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These Tech Stocks Will Benefit As The Fed's Advances Rate Hike Timeline Our theme of Value Tech Stocks is up by about 13% year-to-date, compared to the Nasdaq-100 which is up by just about 11%. Although this doesn't really count as meaningful outperformance, we see multiple catalysts for the...
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When Will Business Travel Recover? Sooner Than You Might Think More than 2.1 million people boarded scheduled flights in the U.S. on Sunday, a 160% improvement from where we were at the beginning of the year...
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Wall Street Whiplash: Rebound Continues As Countdown Begins For Powell Testimony Bitcoin plunged this morning and fell below a key psychological level of $30,000. It's now down more than 50% from its 2021 highs. Could this suggest risk appetite has fallen for cryptos?
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S&P 500 Companies With The Most Misleading Street Earnings Most investors are not aware that Street Earnings suffer from significant flaws when compared to Core Earnings.
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Nonbank Lenders Are Dominating the Mortgage Market

Wall Street Journal - 22 Jun 2021 15:11
The lenders, which don't take deposits or offer other banking services, issued more than two-thirds of all mortgages originated in 2020, their highest market share on record.
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