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Zoom reports blowout earnings but warns of a coming slowdown

Earnings
In this article ZM Zoom Video Communications Inc. founder and CEO Eric Yuan at the company’s IPO at Nasdaq MarketSite in New York, April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom reported better-than-expected results on Tuesday, with sales growth of 191%. But the shares fell as much as 5% in extended
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June 2, 2021 by admin 0 Comments

Coinbase rival Kraken launches mobile app in U.S. to capitalize on crypto surge

Finance
Less than two months after Coinbase’s stock market debut, rival crypto exchange Kraken is bringing its mobile app to the U.S. as retail investors flock to digital currencies.  Starting Wednesday, the new Kraken App will allow many users across the U.S. to securely buy and sell more than 50 crypto tokens from their mobile phones.
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June 2, 2021 by admin 0 Comments

Amazon Prime Day starts June 21. Here’s how to find the best deals

Personal finance
In this article AMZN It’s typically one of the most anticipated sales of the year. In 2021, pent-up consumer demand and a surge in new online shoppers could make Amazon Prime Day even bigger. This year’s Amazon Prime Day will include discounts on more than 2 million items for Prime members — about twice as
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June 2, 2021 by admin 0 Comments

Housing boom may be cooling as weekly mortgage demand drops again

Real Estate
A real estate agent with an ‘Open House’ sign in the front yard of a home for sale. Ty Wright | Bloomberg | Getty Images High prices and low supply are finally taking some of the heat out of the housing market. Even with interest rates falling slightly, mortgage application volume fell 4% last week
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June 2, 2021 by admin 0 Comments

Dick’s Sporting Goods (DKS) and Nomura Holdings (NMR): 6/2/2021 Bull & Bear

Investor Tips
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
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June 2, 2021 by admin 0 Comments

Top Stock Picks for Week of April 26, 2021

Investor Tips
A Company Enabling World Changing Technology and a Construction Stock to Definitely Watch
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June 2, 2021 by admin 0 Comments

India will likely see double-digit growth this quarter, but economists warn it’s not the full picture

Business
Crowds of people are seen shopping during a weekly market at Kandivali. SOPA Images | LightRocket | Getty Images India is expected to see double-digit expansion in the three months ending in June — but economists warn that the data won’t be painting the full picture of the country’s growth trajectory. South Asia’s largest economy
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June 2, 2021 by admin 0 Comments

U.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery

Finance
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke Wednesday for the first time since President Joe
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June 2, 2021 by admin 0 Comments

NY attorney general James demands Kodak CEO testify on alleged insider trading

Investing
In this article KODK Workers at the KODAK billboard at Times Square, March 2004. Avalon | Hulton Archive | Getty Images The New York Attorney General on Tuesday asked a court to force Kodak’s CEO to publicly testify amid an investigation over allegations of insider trading. The petition, filed with the New York County State
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June 2, 2021 by admin 0 Comments

Do vaccine incentives work? Krispy Kreme says giving away 1.5 million free doughnuts has helped

Personal finance
What will it take to convince people to get vaccinated against Covid? From free doughnuts to million-dollar payouts, public and private groups are trying it all. Back in March, Krispy Kreme was one of the first businesses to roll out a nationwide Covid vaccine incentive, offering a free glazed doughnut to any adult with a vaccination
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June 2, 2021 by admin 0 Comments

Top Stock Picks for Week of May 31, 2021

Investor Tips
Two Zacks Rank #1 Stocks With Strong Momentum for Your Consideration.
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June 2, 2021 by admin 0 Comments

Buy Beaten-Down Lululemon Stock Before Q1 Earnings?

Investor Tips
Ben Rains dives into the improving earnings picture for the second quarter and beyond, while also looking at the market more broadly. The episode then breaks down Lululemon (LULU) ahead of its first quarter FY21 earnings release to help investors decide if they should consider buying the slumping athleisure stock. (0:45) – Stock Market Update:
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June 2, 2021 by admin 0 Comments

Stocks making the biggest moves after hours: Zoom Video, Hewlett Packard Enterprise, Ambarella & more

Business
In this article .CRBQX HPE Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell
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June 1, 2021 by admin 0 Comments

Coinbase Pro opens up to dogecoin after cryptocurrency’s 6,000% gain this year

Finance
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase is finally getting into dogecoin. Starting Tuesday, the crypto exchange is offering its Pro users the option to trade dogecoin, a cryptocurrency that was
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June 1, 2021 by admin 0 Comments

Biden’s proposed 39.6% top tax rate would apply at these income levels

Wealth
Tasos Katopodis | Bloomberg | Getty Images President Joe Biden wants to raise the top income-tax rate for wealthy households to 39.6%, from the current 37%, to help finance his legislative agenda. That top rate would apply to single individuals with taxable income over $452,700 and married couples filing a joint tax return with income
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June 1, 2021 by admin 0 Comments

Advisors pivot to cryptocurrencies as clients want in on the action

Advisors
Thomas M. Barwick | Getty Images As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients. About 49% of advisors said clients have asked about cryptocurrencies in the past six months, up from 17% in 2020, according to the Financial Planning Association and the Journal
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June 1, 2021 by admin 0 Comments

Here are some budget basics to brush up on as the U.S. moves to a new post-pandemic normal

Personal finance
martin-dm | E+ | Getty Images As the world opens following Covid restrictions, people are also reopening their wallets. For many, it’s exciting to be getting back to some sense of normal. It could also wreak havoc on personal finances, especially if people aren’t careful. “It’s critically important to revisit your budget and how you
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June 1, 2021 by admin 0 Comments

Closer Look at Option to Restructure EITC/CTC to Help Low-Income Households

Taxes
Our new book Options for Reforming America’s Tax Code 2.0 models several tax proposals that would help low-income taxpayers with little impact on overall economic growth. Here we take a closer look at the most extensive of these proposals: restructuring the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) based on the Family
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June 1, 2021 by admin 0 Comments

This Week’s Must-See Earnings Charts

Investor Tips
Will the pandemic plays still have what it takes in the reopen economy?
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June 1, 2021 by admin 0 Comments

Cummins (CMI) and Sierra Wireless (SWIR): 6/1/2021 Bull & Bear

Investor Tips
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
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June 1, 2021 by admin 0 Comments

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