Market News
China Evergrande Calls Off Plans to Sell Key Unit for $2.6 Billion
Wall Street Journal - 20 Oct 2021 17:29
The move is a major setback in the real-estate giant's attempts to ease its liquidity crunch.
GOP SEC Commissioner Criticizes Agency's Approach to Crypto
Wall Street Journal - 20 Oct 2021 22:57
Hester Peirce says regulators should work with the cryptocurrency industry to build rules that it can comply with.
Blackstone Buying Majority Stake in Spanx
Wall Street Journal - 20 Oct 2021 16:00
The deal values Spanx at $1.2 billion. Spanx founder Sara Blakely will maintain a significant stake in the company and continue to oversee operations.
Student Loan Forgiveness Will Never Happen If This Continues To Be The Best Strategy
Forbes - 20 Oct 2021 02:01Credit Suisse's Spied on Seven Executives, Broke Swiss Rules, Regulator Says
Wall Street Journal - 20 Oct 2021 00:46
Switzerland's top financial cop says bank's senior management knew about some of the surveillance; firm had blamed rogue employees.
Netflix Finds Even 'Squid Game' Only Has So Much Reach
Wall Street Journal - 20 Oct 2021 00:26
The new blockbuster series is helping to lift subscriber growth, but the in-line forecast tempers the reaction following a major stock price surge.
IBM shares drop on weaker-than-expected quarterly revenue
CNBC - 20 Oct 2021 23:58
IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.
Tesla posts record revenue and profits in third quarter
CNBC - 20 Oct 2021 23:58
Tesla reported earnings after the bell. Here are the results.
Elliott Has Large Position in Canadian National
Wall Street Journal - 20 Oct 2021 23:36
Activist investor Elliott Management has a big stake in Canadian National Railway, adding to pressure on the railroad after its CEO resigned following a failed bid for rival Kansas City Southern.
PayPal Is in Talks to Buy Pinterest
Wall Street Journal - 20 Oct 2021 21:30
PayPal is in talks to buy social-media platform Pinterest, which has a market value of more than $35 billion. Such a move would take the payments giant's business in a new direction.
Budgeting apps to help manage your finances better
livemint.com - 20 Oct 2021 20:32
We often tend to overspend, which leaves us with less money for savings
If you have a high-risk portfolio, prepare mentally for volatile market movements
livemint.com - 20 Oct 2021 20:31
At the end of the day, it would be good to have an allocation that is 30% in debt instruments (post office, PPF and 25% of NPS allocation), 10% in alternative assets and the remaining in domestic equity linked instrument...
Are Bitcoin Prices At Risk Of A Pullback After Reaching Their Latest High?
Forbes - 20 Oct 2021 19:555 Ways The Wealthy Stay Wealthy
Forbes - 20 Oct 2021 19:12Why Options Bulls Should Keep An Eye On Carnival Stock
Forbes - 20 Oct 2021 19:05Novavax Stock Plunges As Manufacturing Problems Reportedly Imperil The Firm's Covid-19 Vaccine
Forbes - 20 Oct 2021 18:18Restaurant Earnings Set To Take A Hit From Higher Labor And Food Costs
Forbes - 20 Oct 2021 17:35Bitcoin Price Surges to Record High
Wall Street Journal - 20 Oct 2021 17:20
The cryptocurrency traded as high as $66,283, powered by a wave of buying after the first U.S. exchange-traded fund linked to it started trading.
E-Commerce Stocks To Buy Ahead Of The Holiday Shopping Season
Forbes - 20 Oct 2021 17:15Bitcoin Prices Hit Fresh, All-Time High Above $66,000
Forbes - 20 Oct 2021 17:02What's New With DoorDash Stock?
Forbes - 20 Oct 2021 16:45Biogen Shareholders Face the Waiting Game
Wall Street Journal - 20 Oct 2021 16:44
Investor enthusiasm for Biogen won't come back until key questions about its new Alzheimer's disease drug are resolved.