In this article NFLX Co-CEO of Netflix Reed Hastings (R) and CEO of Nubank David Velez walk together at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report second-quarter earnings after the bell on Tuesday. Here are the key
admin
U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 25 points. S&P 500 futures gained 0.1% and Nasdaq 100 futures rose 0.08%. Netflix reported disappointing third quarter subscriber guidance after the bell on Tuesday, but the stock was
The New Shepard Blue Origin rocket prepares to lift-off from the launch pad carrying Jeff Bezos along with his brother Mark Bezos, 18-year-old Oliver Daemen, and 82-year-old Wally Funk prepare to launch on July 20, 2021 in Van Horn, Texas. Blue Origin | Anadolu Agency | Getty Images VAN HORN, Texas — Jeff Bezos‘ space
Witthaya Prasongsin | Moment | Getty Images “Buying the dip” is an investment thesis often touted by stock traders and financial advisors to juice returns. The thinking is: When a stock index like the S&P 500 falls in value, it’s a good time to buy since shares can be bought at a discount. Investors then
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing for Deputy Treasury Secretary nominee Adewale Adeyemo on Feb. 23, 2021. Greg Nash | Pool | Reuters Senate Finance Committee Chairman Ron Wyden, D-Ore., on Tuesday released a bill to overhaul a controversial deduction for certain businesses, which was part of Republicans 2017
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters There are several signs in the market for newly built homes that point to a potential slowdown for the nation’s homebuilders. Data released Tuesday added to the evidence
zacks.com zacks.com/ultimate
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
A man wearing a face mask stands behind the Olympic symbols of the five interlaced rings pictured near the National Stadium in Tokyo. James Matsumoto, SOPA Images | LightRocket | Getty Images After a one-year delay, weeks of negative headlines and public backlash, the Tokyo Olympics are set to open Friday. But that’s still a
An employer holds flyers for hospitality employment during a Zislis Group job fair at The Brew Hall on June 23, 2021 in Torrance, California. Patrick T. Fallon | AFP | Getty Images Millions of Americans are poised to lose their unemployment benefits or see a lower weekly payment due to a collision of state rules
Vlad Tenev attends the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 03, 2019 in Mountain View, California. Taylor Hill | Getty Images Robinhood CEO and co-founder Vlad Tenev will have a paper fortune of over $2.5 billion when the company starts trading, according to an SEC filing. But his real payday
Yulia Petrova | Moment | Getty Images More than two-thirds of federal student loan borrowers say they’re not ready to resume their monthly payments. That’s the finding from a survey conducted for The Pew Charitable Trusts, which comes as the U.S. Department of Education’s payment pause and interest waiver for borrowers is set to expire
As Congress considers turning the $579 billion bipartisan infrastructure deal and President Joe Biden’s $2.2 trillion American Jobs Plan (AJP) into legislative text, policymakers may consider using additional tax revenue generated from infrastructure spending to offset the plans’ deficit impact. Applying dynamic scoring to the spending side of the proposals would only generate a small
In this article 1060-HK Joe Tsai, co-founder and executive vice chairman, Alibaba Group. S3studio | Getty Images News | Getty Images Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million apartment deal in Manhattan’s most prestigious condo tower, according to people familiar with the deal. Tsai, who also owns the Brooklyn Nets
Ben Rains discusses some reasons for the recent market pullback amid a strong start to the second quarter earnings season. The episode then explores three ‘Strong Buy’ stocks—Chewy (CHWY), Tempur Sealy (TPX), and Nike (NKE)—for investors to consider adding as stocks fall from their records in the early weeks of Q3. (0:45) – Stock Market
In this article FB FHN The flow of Americans from the coasts to southern states has been a boon for First Horizon Bank, CEO Bryan Jordan told CNBC Monday. “We’re seeing an influx of people into the South. It’s been very, very positive, and we will continue to see that,” he said in a “Mad
Swiss banking giant UBS has beaten second-quarter earnings expectations, reporting net profit attributable to shareholders of $2 billion. This is up from $1.23 billion reported for the same period last year, and significantly above analysts expectations of $1.34 billion, according to Refinitiv data. This is a developing story and will be updated shortly.
Many Americans are seeking quiet, secluded trips to the great outdoors this year — only to find millions of others are doing the exact same thing. Travelers hoping to avoid the throngs in cities and theme parks are finding themselves among record numbers of visitors to national parks and coastal destinations. Americans searched for national
In early July, the U.S. Education Department under President Joe Biden canceled nearly $56 million in student loan debt for some 1,800 borrowers, bringing the administration’s total to about $1.5 billion erased. While a win for many borrowers, it isn’t a sign that broad-based student loan debt forgiveness will necessarily come anytime soon, experts say.
Cutting the cord can also mean cutting your tax bill. Cable companies providing TV packages are commonly charged franchise or right-of-way taxes as a sort of payment for the easements allowing them to run cable, while streaming services operating over the internet remain untaxed in this way (except for sales taxes, which a majority of