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Industry News Archives - Page 5 of 15 - MarketDraft BlogMarketDraft Blog Industry News Archives - Page 5 of 15 - MarketDraft Blog

Category: Industry News

Upcoming Quarterly Reports 8/19 – 8/23 2024 (Week 34)

We’re starting to hit a lull in the reports as we head into week 34.  Grab a snack and spend 5 minutes looking over the reports planned for next week and then make your picks and Get your Share in our weekly contest.   Medium-cap Small-cap Large-cap 08/19/24 PANW Palo Alto Networks EL The Estee… Continue reading Upcoming Quarterly Reports 8/19 – 8/23 2024 (Week 34)

Trading Strategies: Tax-Loss Harvesting

Investing is often associated with the pursuit of gains, but there’s a lesser-known strategy that involves embracing losses to achieve financial benefits: tax-loss harvesting. This technique, primarily used in taxable investment accounts, can reduce an investor’s tax liability by strategically selling investments that have decreased in value. The concept might seem counterintuitive at first, but… Continue reading Trading Strategies: Tax-Loss Harvesting

WBTC in Turmoil: Justin Sun and the BitGo Shake-up

Wrapped Bitcoin (WBTC) has recently found itself at the center of a cryptocurrency storm, with concerns swirling around its future following BitGo’s announcement of a joint venture with BiT Global. The involvement of Justin Sun, a controversial figure in the crypto space, has only heightened the speculation and anxiety. What is Wrapped Bitcoin (WBTC)? Before… Continue reading WBTC in Turmoil: Justin Sun and the BitGo Shake-up

Stock Market Plunges Amid Global Selloff

A sudden and sharp downturn has gripped global financial markets, with the U.S. stock market taking a significant hit. The Dow Jones Industrial Average has plummeted over 900 points, while the Nasdaq Composite and S&P 500 have experienced declines of 3% and over 9% respectively. This dramatic sell-off has led many to label it a… Continue reading Stock Market Plunges Amid Global Selloff

Upcoming Quarterly Reports 8/5 – 8/9 2024 (Week 32)

The quarterly reports keep coming hard and fast. Get your info here and make your picks in our weekly contests! Just be wary of the the Small-cap section, there is just over 1,000 companies making reports this week! Medium-cap Small-cap Large-cap 08/05/24 SMFG Sumitomo Mitsui Financial Group CSX CSX PLTR Palantir Technologies WMB The Williams… Continue reading Upcoming Quarterly Reports 8/5 – 8/9 2024 (Week 32)

Tech Titans Stumble: Nvidia Leads the Decline

The tech sector, once a beacon of unwavering growth, has encountered turbulent waters in recent weeks. Nvidia, often hailed as the poster child of the AI revolution, has been at the epicenter of this downturn. The stock has experienced a significant pullback, shedding -16% of its value in the past month. Several factors have converged… Continue reading Tech Titans Stumble: Nvidia Leads the Decline

AI Threat Looms Large as Video Game Performers Prepare to Strike

Los Angeles, CA – The gaming industry is on the brink of a potential upheaval as SAG-AFTRA, the union representing voice actors and motion capture performers, prepares to strike on Thursday, August 1st. At the heart of the dispute is the rapid advancement of artificial intelligence (AI) and its potential to replace human talent. While… Continue reading AI Threat Looms Large as Video Game Performers Prepare to Strike

Upcoming Quarterly Reports 7/29 – 8/2 2024 (Week 31)

We’ve got quite the list this week so we hope you are ready.  Get your info and hop over to our weekly contest to and make your picks for next week. As always, we will start with the Large-cap companies and work down from there. If you want to see the Medium and Small-cap companies,… Continue reading Upcoming Quarterly Reports 7/29 – 8/2 2024 (Week 31)

CrowdStrike Stock Slumps After Software Update Triggers Global Outage

CrowdStrike investors are facing a double whammy. The cybersecurity company’s stock price has been spiraling downwards after a faulty software update triggered a global outage that impacted millions of computers. The incident wasn’t a traditional “crash” but rather a consequence of a bug introduced in a CrowdStrike update designed for Microsoft Windows systems. This bug… Continue reading CrowdStrike Stock Slumps After Software Update Triggers Global Outage

Prime Day Paradox: Strong Sales Amidst Stock Decline

Amazon’s annual Prime Day extravaganza is once again upon us. The two-day shopping bonanza is traditionally a sales behemoth for the e-commerce giant, and this year is no exception. Early reports indicate robust spending, with categories like back-to-school supplies seeing a significant surge. However, despite the anticipated sales frenzy, Amazon’s stock price has been trending… Continue reading Prime Day Paradox: Strong Sales Amidst Stock Decline

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