Author: super@dmin
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: Snap stock falls after company announces $1.25 billion convertible offering
Shares of Snap Inc. were falling in Tuesday morning trading after the social-media company disclosed that it plans a convertible-note offering.
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London Markets: Shares in London Stock Exchange fall as Nvidia’s Arm deal collapses, while Ocado slumps on results
London stocks are modestly higher, helped by higher metals stocks, but earnings news hit Ocado, while a the failure of an M&A deal hit shares in the London Stock Exchange.
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Market Pulse: Dow climbs 110 points, but broader stock market wavers Tuesday as 10-year yield nears 2%
U.S. stocks trade Tuesday mixed, with the Dow industrials rising on the back of early moves in Amgen Inc. and Goldman Sachs.
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Earnings Results: Peloton’s new CEO gets a lowered bar as company again cuts outlook
Peloton Interactive Inc.’s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast in the face of slowing demand.
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Economic Report: U.S. trade deficit hits $859 billion in 2021 and shatters record
The U.S. trade deficit jumped 27% in 2021 to a record $859 billion largely because a recovering economy gave Americans the means to buy more imports. Yet they also paid higher prices due to rising inflation.
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Futures Movers: U.S. oil edges below $90 a barrel ahead of further Iran talks
Oil futures move lower Tuesday, continuing a pullback from levels last seen in 2014 as traders prepare for talks aimed at returning Tehran to an international nuclear accord and allowing the country to resume crude exports.
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Bond Report: Yields for Treasurys resume rise with 10-year all but certain to breach 2% this week, analysts predict
U.S. Treasury yields on Tuesday look to resume a march to multiyear highs, with analysts predicting that benchmark 10-year debt may soon hit the elusive 2% rate.
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FA Center: ‘If you’re playing the audit lottery as a taxpayer, you’re asking for trouble.’ There’s a price for what you claim as ‘business’ expenses.
Financial advisers warn clients about the risks of push-the-envelope tax reporting.
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Need to Know: Forecaster who called bitcoin’s ‘skyscraper’ top says this company remains the smartest digital/fintech play
Here’s more from our recent interview with forecaster Yves Lamoureux, who is doubling down on a crypto fin/tech call that he says is in the right place for what’s coming.
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Outside the Box: 1 million employee rants about their job reveal a toxic-workplace pandemic that’s fueling the Great Resignation
Workers are sick of living a real-life episode of ‘The Office.’ They’ve had enough.