Market News
Got Hidden Income? The IRS May Get More Money to Find You
Wall Street Journal - 5 Aug 2022 11:30
The agency could get billions of extra dollars to go after high-earning tax cheats. Here are the areas auditors may focus on if they get more resources.
Student Loan Forgiveness: New Blockbuster Plan To Cancel Student Loans
Forbes - 5 Aug 2022 14:30
Check out this blockbuster new plan for student loan forgiveness.
Falling GDP And Missed Earnings Expectations From Alphabet, Microsoft And Meta: Forbes AI Newsletter - August 5th
Forbes - 5 Aug 2022 20:24
Subscribe to the Forbes AI newsletter to stay in the loop and get AI-backed investing insights, the latest news and more delivered directly to your inbox every weekend.
Home Sellers Cut Prices as Housing Market Cools
Wall Street Journal - 5 Aug 2022 11:30
How higher mortgage rates--and frustration--are changing the playbook for sellers.
Tesla's 3:1 Stock Split Wins Shareholder Approval--Here's What It Means For Investors
Forbes - 5 Aug 2022 00:51
Tesla's stock has risen over 30% since announcing the proposed stock split in June.
Zillow Reopens the Door to iBuying
Wall Street Journal - 5 Aug 2022 00:47
Zillow says it will team up with Opendoor to help fight the impending downturn of the real-estate market.
Robinhood, Carvana And More--These Stocks Are Surging After Announcing Cost Cuts
Forbes - 5 Aug 2022 22:10
Analysts largely cheered the cost cuts amid ongoing fears a recession is imminent.
Amazon's Roomba Deal Has Shades of Fitbit
Wall Street Journal - 5 Aug 2022 20:51
An acquisition of iRobot won't make a dent financially, but a commanding market share could draw Washington's gaze.
RBI policy: How a 50 bps rate hike will impact homebuyers, home loan EMIs
livemint.com - 5 Aug 2022 19:59
In August policy, RBI hiked the repo rate by 50 basis points - taking the rate to 5.40%. Also, the standing deposit facility (SDF) rate is at 5.15% and marginal standing facility (MSF) rate, and the Bank Rate are at 5.65...
Jobs Are Back, Baby, but Maybe Not Your Job
Wall Street Journal - 5 Aug 2022 17:31
The surprise addition of 528,000 jobs in July erased pandemic losses, but a lower share of Americans are employed and a million former service positions vanished.
Coinbase's Rapid Rise Left It Exposed in Crypto's Collapse
Wall Street Journal - 5 Aug 2022 17:23
Fast expansion made Coinbase the biggest U.S. exchange for digital currency. Now it faces high expenses, dwindling cash and a challenge from regulators.
Helen Of Troy Stock Has Lost 27% Since Late 2019- Here's Why
Forbes - 5 Aug 2022 17:00
Helen of Troy (NASDAQ: HELE) stock price lost 27% from $180 in 2019 end to around $131 currently, primarily due to unfavorable changes in its P/S multiple.
Warner Gets Really Real With Streaming Plan
Wall Street Journal - 5 Aug 2022 16:48
Canceled movies and a modest long-term subscriber target show new HBO Max owner is serious about playing smart.
Before the Fed Acts, It Pays to Buy Stocks
Wall Street Journal - 5 Aug 2022 16:20
Buying equities the day before a Fed announcement and selling the day after can boost returns. Bonds, though, are a different matter.
Stocks Fall Despite Strong Jobs Report As Investors Fear Bigger Fed Rate Hikes
Forbes - 5 Aug 2022 16:01
A blowout jobs report helped ease recession fears but raised concerns about more aggressive rate hikes from the Federal Reserve.
What's Next For Kohl's Stock?
Forbes - 5 Aug 2022 16:00
Kohl's stock (NYSE: KSS), a department store that features apparel, footwear, accessories, soft home products, and housewares targeted to middle-income customers, has increased by 15% over the last five trading days (one...
Reddit's WallStreetBets Has Nothing To Do With AMTD Digital's 30,000% Pump
Forbes - 5 Aug 2022 15:44
AMTD Digital's stock price increased from $7.80 at its IPO on July 15th to $2,555 less than three weeks later.
Coinbase And BlackRock Cozy Up On Bitcoin Bandwagon
Forbes - 5 Aug 2022 15:24
Coinbase and BlackRock announced a new partnership Thursday to allow BlackRock clients to trade and manage crypto in-house.
Monthly SIP of ₹10,000 turns to up to ₹7 lakh in 3 years in 4 equity funds
livemint.com - 5 Aug 2022 15:18
In order to reduce the risk associated with equity mutual funds, it is preferable to invest over the long term through a systematic investment plan (SIP).
After A Boom On Employment Can Stocks Carry The Momentum?
Forbes - 5 Aug 2022 15:16
With another week in the books, it feels like we've largely managed to make it to the other side unscathed and walking with confidence.
What's Next For Boeing Stock After A 20% Rise In A Month?
Forbes - 5 Aug 2022 15:00
BA stock has rallied around 7% in a week, while it's up 21% in a month, partly due to positive news for its 787 airplanes.
Labor Market Still Very Strong - Despite Fed's Efforts to Cool
Forbes - 5 Aug 2022 14:52
The US labor market remained very strong in July.