Reports of Joe Biden’s tax hike plans had a negative impact on the markets yesterday. The marginal rate of capital gains tax could rise to 39.6%, compared to the current base rate of 20%, and would only apply to those earning more than $1 million a year. US stock futures opened positive on Friday, recovering slightly from the previous session’s sharp losses with investors being careful of the potential for a hike in capital gains tax.
Financial technology company Intuit Inc. (NASDAQ: INTU) reported higher adjusted earnings and revenues for the second quarter of 2024. Earnings also exceeded Wall Street's projection. At $3.39 billion, second-quarter revenues
Nvidia Corporation (NASDAQ: NVDA) this week reported blockbuster results for the fourth quarter of 2024, aided by the graphic card behemoth’s booming AI business. The Q4 outcome matched its blowout
Shares of Lowe's Companies, Inc. (NYSE: LOW) stayed green on Wednesday. The stock has gained 15% over the past three months. The home improvement retailer is scheduled to report its