Wednesday, October 27, 2021
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Investors pour money into Chinese start-ups despite regulatory crackdown

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China.Zhang Qiao | Visual China Group | Getty ImagesBEIJING — Global investors put more money into Chinese start-ups in the third quarter, despite Beijing's regulatory crackdown that's paused a

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Stock futures are flat after Dow, S&P close at records

U.S. stock index futures were little changed during overnight trading on Tuesday after the Dow and S&P closed at record highs as earnings season continues.Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were flat. Nasdaq 100 futures declined 0.09%.During regular trading the Dow advanced roughly

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Stocks making the biggest moves after hours: Robinhood, Microsoft, AMD & more

Photo Illustration by Pavlo GoncharSOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in after hours trading:Robinhood — Shares of the stock-trading app declined more than 9% during extended trading after the company's third-quarter revenue missed expectations amid a slowdown in cryptocurrency trading. The company reported

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Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021.Source: The NasdaqStock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.And Robinhood said barring any change in the market environment, the headwinds that dragged down

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Stocks making the biggest moves midday: Lockheed Martin, Hasbro, Facebook and more

Hasbro board games.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Lockheed Martin — Shares of the defense contractor tumbled 12.5% after it reported a quarterly revenue miss and lowered its expectations for next year. Lockheed anticipates a "slight reduction in revenue in 2022 and roughly

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Hyperinflation warnings are ‘totally ridiculous,’ economist and longtime bear David Rosenberg says

Economist David Rosenberg suggests hyperinflation warnings are irrational.The longtime bear, known for his contrarian views, blames rising prices on Covid-19-induced supply side shocks. According to Rosenberg, it's wrong to assume the impact will cripple the economy and feed into runaway inflation."I'm actually rolling my eyes over the suggestion," the

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GQG Partners’ Australia listing gives it ‘opportunity to grow’, says chairman

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRajiv Jain and Tim Carver of U.S.-based equities manager GQG Partners talk about choosing to list in Australia, where it raised over $1 billion Australian dollars in the country's biggest initial public offering so far this year. Source

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Stock futures are flat after Dow and S&P 500 close at records, big tech earnings on deck

Traders work on the floor of the New York Stock Exchange (NYSE), September 22, 2021.Brendan McDermid | ReutersU.S. stock futures were steady in overnight trading on Monday as investors await a slew of major technology earnings with the broader market at a record high.Dow futures rose just 10 points.

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Stocks making the biggest moves midday: Tesla, PayPal, Pinterest and more

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.PayPal, Pinterest – Shares of PayPal climbed more than 3% as Pinterest shares tumbled more than 12% after PayPal addressed reports

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There’s a chance China might finally put taxes on property

Vehicles drive by unfinished residential buildings from the Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021.Carlos Garcia Rawlins | ReutersBEIJING — China is closer than ever to taxing property owners, analysts say, nearly two decades after authorities began floating the idea.What's changed

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