Category: Daily Updates

IRS Initiates ‘Operation Hidden Treasure’ to Root Out Unreported Crypto Income Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by […]

President Joe Biden speaks from the State Dining Room following the passage of the American Rescue Plan on March 6, 2021 in Washington, DC. Getty Images Text size Here’s what you need to know to navigate the markets today. • Investors sent stock futures up Sunday night, ahead of the first trading day following the […]

The U.S. Equal Employment Opportunity Commission has begun a probe against Facebook after applicants who were denied jobs filed complaints that Facebook discriminated against them. What Happened: The commission is investigating Facebook, Inc (NASDAQ: FB) for racial bias in hiring and has designated the probe as “systemic,” Reuters reported, citing attorneys representing the applicants. The […]

Tesla Inc (NASDAQ: TSLA) has now installed 6,000 Supercharger stations across its key market of China. What Happened: The milestone was reported by Tesla accessories site, Tesmanian. Tesla last month opened a new Supercharger factory just kilometers away from its Giga Shanghai plant. Why It Matters: For readers unfamiliar with why the Supercharger is so […]

A Goldman Sachs executive predicts there may be consolidation coming for cryptocurrency infrastructure providers as the market matures.  In a recent company podcast, Matt McDermott, global head of digital assets for Goldman Sachs Global Markets Division, hinted that “incumbent banks” – like Goldman – could face pressure to increase their crypto business lines, with one […]

Gold futures finished slightly lower on Friday after clawing back earlier losses. Despite reports in the press and from some lazy analysts, the market did not make its low of the session following the release of the stronger-than-expected U.S. Non-Farm Payrolls report. During the pre-market session, gold futures hit a low of $1683.00. Shortly after […]

Ripple Investor’s Request to Reclaim Its $175M Investment Rejected by Court Source link

Your auto insurance company owes you a COVID ‘stimulus check,’ new lawsuits say Now that President Joe Biden’s $1,400 stimulus checks are headed for a final vote in Congress, consumer advocates are putting renewed pressure on auto insurance companies to provide some more COVID stimulus cash of their own. In a set of class-action lawsuits […]

Text size The interior of an Xpeng P7 EV outside the New York Stock Exchange in New York Jeenah Moon/Bloomberg Chinese electric vehicle maker XPeng reports earnings Monday before the market opens for trading. Bullish investors hope results will stop the stock’s recent slide. Here’s what to expect Monday morning, along with some recent history. […]