Categories U.S. Markets News

US pre-market news: Dow Jones, NASDAQ, S& P updates for Apr. 23, 2021

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.

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SmileDirectClub (SDC) Q1 Report: Net loss narrows but misses estimates

Digital healthcare firm SmileDirectClub Inc. (NASDAQ: SDC) reported a narrower net loss for the first quarter of 2021 amid modest revenue growth. While the bottom-line missed Wall Sreet's prediction, revenues

Virgin Galactic (SPCE) stock slumps after Q1 earnings miss

Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000

How has the social media industry changed over the past year?

The social media industry witnessed certain changes amid the COVID-19 pandemic last year. User numbers and engagement levels increased as people spent more time online to connect with family and

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