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Kamis, 27 Mei 2021

10 things before the opening bell

Today's top news and analysis.
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10 THINGS BEFORE THE OPENING BELL

Traders work on the floor of the New York Stock Exchange during the afternoon

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1. US futures slip as investors brace for jobs and growth data. See what markets are doing today.

2. Carl Icahn says he may pour more than $1 billion into cryptocurrencies. But the former bitcoin skeptic predicts many digital assets won't survive.

3. Apple hints at an interest in crypto. The iPhone maker is looking to hire a crypto-savvy business development manager, according to a new job ad.

4. Ripple is likely to go public once its SEC lawsuit is resolved. The regulator alleges that Ripple participated in an unregistered securities offering

5. PayPal allows users to withdraw cryptocurrencies to third-party wallets. The new feature also applies to Venmo, PayPal's payments service.

6. US authorities move to double tariffs on Canadian lumber. Canada's share of the US lumber market sits at around 25%.

7. Earnings expected. Salesforce, Medtronic, and Costco are highlights.

8. Cameron Newell earned $5 million day-trading stocks in 2020 after starting out with $1,000. He breaks down how he decides which companies to buy and shares his top 4 trading strategies.

9. Meet the 11 crypto masterminds at Wall Street firms like JPMorgan, Bank of America, and Morgan Stanley. We interviewed each of them about how they're helping clients understand the mania — and successfully invest in it.

10. Goldman Sachs is on the hunt for companies with high international revenues poised to beat their domestic-facing peers. The firm says to buy these 11 stocks as the global recovery gains steam.

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