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Market News

Location American Market News for 10 August 2021
Student Loans With No Interest Proposed By Republicans Student loans with no interest just got proposed in Congress -- by a Republican.
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Crypto Exchange BitMex To Pay $100 Million To Settle Claims Of Illegal Trading And Anti-Money Laundering Violations The settlement marks one of the biggest penalties ever levied against a cryptocurrency exchange.
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Amazon, Etsy: E-Commerce Stocks Look Attractive Following Post Earnings Sell-Off Our theme of E-Commerce Stocks - which is comprised of U.S.-based e-commerce companies as well as logistics, and payment players, has declined by about 7% over the last month, compared to the S&P 500 which rose 1.5% over...
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Doximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.
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BitMEX to Pay $100 Million to Settle Lawsuit

Wall Street Journal - 10 Aug 2021 22:45
The Commodity Futures Trading Commission had sued the cryptocurrency exchange over its derivatives offerings.
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Nominee only holds property till it passes on to the legal heirs It is one's legal right to initiate or defend a legal action. Therefore, even if the property is bequeathed by a Will, one cannot rule out the possibility of the Will being challenged
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Teladoc Founder's Startup Brings Patient Monitoring Home Michael Gorton's Recuro Health sees a bright future in home testing for blood sugar, heart health and more.
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RBI keeps interest rates low despite economic revival At some point of time, the RBI will have to tread the path of normalization
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How much tax do you pay on equity investments?

livemint.com - 10 Aug 2021 22:08
How much tax do you pay on equity investments? Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
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Dow, S&P Hit New Highs As Senate Passes $1 Trillion Infrastructure Package A slew of industries set to benefit from the bill outperformed the broader market.
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Why the Productivity Boom Isn't Over

Wall Street Journal - 10 Aug 2021 19:18
One disappointing quarterly reading aside, there are reasons to expect U.S. productivity, and hence the economy, to keep growing at a fast pace.
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SoftBank said it is holding back on new investments in China while it sees how the country's tech crackdown plays out, in the latest sign of how Beijing's move to tame its technology sector is rippling through the invest...
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DIS Earnings Ahead Plus News On Subscriber Numbers And More If there was ever a time when Walt Disney (DIS) needed a happy ending to a rough 12 months, it might be now.
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Canadian Pacific Stretches Its Pocketbook, and Logic

Wall Street Journal - 10 Aug 2021 18:52
Kansas City Southern shareholders are being asked to switch suitors when they have little to gain.
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Inside The Coronavirus Haul Of A Wall Street Whiz Kid During the Coronavirus market lows of 2020, investor Dan Rasmussen corralled over $150 million to invest in the beaten down markets and made a massive haul.
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How the WSJ Compared ESG Ratings

Wall Street Journal - 10 Aug 2021 17:14
The Journal converted three rating firms' scores for nearly 1,500 companies to a common scale
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Investors and regulators increasingly demand to know how businesses' operations produce carbon emissions, and the SEC is working on a rule to make reporting mandatory and uniform. Current ESG ratings of companies are hig...
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Arvinas Inc Ranked Among Today's Top Shorts

Forbes - 10 Aug 2021 17:11
Arvinas Inc Ranked Among Today's Top Shorts The Dow Jones rose 10 points, while both the S&P 500 and Nasdaq also saw mild gains. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
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More Than $600 Million Stolen In Ethereum And Other Cryptocurrencies--Marking One Of Crypto's Biggest Hacks Ever Nearly $300 million in ether was allegedly stolen.
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Atlas Air Worldwide Hldg Inc Among Today's Top Buys The Dow Jones rose only 10 points, while the S&P 500 and Nasdaq saw mild gains. Make the most of today's market with Top Buys from Q.ai's artificial intelligence.
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Earnings Preview: What To Expect From Coinbase Today Coinbase is scheduled to report earnings after Wednesday's close. Here's what to expect.
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Long-Term Trends In Favor Of Wynn Resorts Stock In recent earnings, Wynn Resorts highlighted the strong recovery in Las Vegas and Boston over the last couple of months. Rising discretionary spending and revenge tourism have been key drivers of Wynn's casino revenues i...
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