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Market News

Location American Market News for 23 June 2021
As Nasdaq Hits New High, These Are The Tech Stocks Leading The Market Tesla, Applied Materials and Micron Technology lead a resurgent crop of Nasdaq stocks.
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A South Korean company whose app lets users transfer money, take out loans, trade stocks and check their credit scores has raised funds at a valuation of more than $7 billion.
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8 Million Households Face Foreclosure Or Eviction This could happen next week.
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How To Beat Inflation With 6.8% Dividends

Forbes - 23 Jun 2021 16:16
How To Beat Inflation With 6.8% Dividends Our contrarian buying opportunity is here.
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Despite A 23% Rise In A Month Dexcom Stock Will Likely See Higher Levels Last month, we discussed why the sell-off in Dexcom Stock (NASDAQ: DXCM) was unwarranted, and we expected it to see higher levels. Since then, DXCM stock has rallied 18%, while it is up 23% over the last twenty-one tradi...
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Proteomics: The Next Truly Massive Investing Opportunity When you hear about protein, you likely think of "high-protein foods" like beef. But proteins are far more important than a big, juicy steak.
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For MF investors, window to the world gets wider

livemint.com - 23 Jun 2021 22:30
For MF investors, window to the world gets wider A resident Indian can invest in foreign equities by buying directly or through MFs
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Plan your spending, savings, investments with goals in mind If you have started a journey of prudent investing at a very early age. You will do well to continue along this road of asset-allocated, well-balanced approach of taking reasonable risks with your investments
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SEC Considers Shortening 10-Day Stake-Disclosure Window

Wall Street Journal - 23 Jun 2021 21:44
Chairman Gary Gensler is targeting a deadline that has been a point of contention for years between activist investors and public companies.
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Why it is important to show tax-exempt income in I-T return The tax department captures information regarding high-value transactions from banks, registrars, companies, mutual funds and authorized dealers, etc. Taxpayers must therefore be vigilant and mindful of their sources of ...
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Investing in Digital Swiss Gold has its benefits but it also entails risks Unlike with digital gold, you do not have the option of taking physical delivery of gold on redemption in DSG
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What The Hell Is Going On In The Collectible Comics Market? The last year has seen triple-digit gains in the prices of vintage comics and original art. Heritage Auctions VP Lon Allen talks about what's behind the big gains, including the record-setting $22.4 million auction that ...
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Didi Chuxing: Different Country, Same Bad Business Model A $100 billion valuation implies Didi will own 50% of the world ride share and food delivery market, a highly unlikely event.
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How Home Builders Are Contributing to Housing Frenzy

Wall Street Journal - 23 Jun 2021 19:07
Some builders are waiting until a home is further along in the construction process before they sell, giving them further visibility into costs before locking in a price.
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Playdemic Is Electronic Arts Fourth Acquisition This Year But Stock Remains Sluggish Electronic Arts (NASDAQ: EA) today announced that it has acquired Warner Bros. Games' Playdemic for $1.4 billion in cash. Playdemic is a mobile gaming company known for its popular game Golf Clash, which has more than 80...
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Update: Top 10 Gold Producing Countries

Forbes - 23 Jun 2021 18:57
Update: Top 10 Gold Producing Countries Gold is one of the rarest elements in the world, making up between 0.001 and 0.006 parts per million of the earth's crust. But how much gold is the world digging up each year and what countries produce the most?
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Home Prices Are Soaring, But Also Most Affordable In Generations Today's strong housing market is much healthier than the bull market of the 2000s. There are good reasons to believe that it could chug along for years before it ends.
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Store Brands Could Make a Name for Themselves This Year

Wall Street Journal - 23 Jun 2021 17:44
After a boost from the 2008 recession, private-label food has seen stagnating market share. This year could change that.
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Starting July 12, the bank's employees will be required to confirm that they have been vaccinated before entering Morgan Stanley buildings in New York City and Westchester County.
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Student Loan Cancellation Supported By Majority Of Americans, But Results Are Misleading Student loan cancellation for every student loan borrower?
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Carvana, EBay, PayPal: E-Commerce Stocks Have Room For Gains Despite The Re-Opening Our theme of E-Commerce Stocks - which is comprised of U.S.-based e-commerce companies as well as logistics, and digital payment players - is up by 18% year-to-date, outperforming the broader Nasdaq-100 which is up by ab...
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FedEx About To Put More Money In Your Pocket On 6/25/21, FedEx will trade ex-dividend, for its quarterly dividend of $0.75, payable on 7/12/21. As a percentage of FDX's recent stock price of $297.74, this dividend works out to approximately 0.25%.
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