Market News

What’s happening in finance today.

What happens all around us affects the markets – and what affects the markets affects our financial security. Keep in touch with everything of interest that’s happening from a wide variety of general news and financial sources curated by our team. The world is ever-changing: keep up with what’s happening right here, your “one stop shop” for everything we’ve spotted that can affect the markets.

  • Australian Market
  • International Market
  • Quotes List
  • Australian Market

    International Market

  • Local News

President Donald Trump extended jobless benefits Saturday as stimulus talks stall. Here are four risks to the stock market rally now.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 19:08

Chainlink's link token has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 18:21

There is a possibility you have thought about some of the top stock exchanges in the world and you probably have also wondered where the largest stock exchanges in the world are based. You are not alone, as almost everyone with an interest in the stock market has asked that question at least once in […]

Brought to you by Yahoo! Finance
09 Aug, 2020 / 17:55

Apple has rallied 55% this year, adding nearly $700 billion in market value—the equivalent of adding Cisco Systems, Oracle, Salesforce.com, and Zoom Video, with room to spare.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 16:09

Reels offers something Instagram's never offered its creators before: the chance to be discovered.

Brought to you by FinancialContent
09 Aug, 2020 / 15:50

It is unclear whether Twitter will pursue a deal with TikTok, which would face significant challenges. A deal would involve TikTok’s U.S. operations, the people said.

Brought to you by FinancialContent
09 Aug, 2020 / 15:20

Could a Twitter-TikTok tie-up transpire? The social network and TikTok, owned by China's ByteDance, have engaged in "preliminary" discussions about merging TikTok's U.S. operations with Twitter, the Wall Street Journal reported, citing anonymous individuals. Twitter declined to comment. A TikTok rep said via email Sunday, "As a matter of corporate policy we do not comment […]

Brought to you by Yahoo! Finance
09 Aug, 2020 / 15:16

CEO Strauss Zelnick sees "long-lasting demand" in the video game industry.

Brought to you by FinancialContent
09 Aug, 2020 / 15:12

The oil behemoth will keep paying dividends—worth about $18 billion a quarter—despite weak energy prices.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 15:00

Almost 90% of the S&P 500 has reported. Here’s what the numbers tell us about the market and its outlook.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 14:03

Long Reads Sunday features excerpts about public and private markets, the new bitcoin bull market, and DJ Marshmello.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 14:00

The cloud is a massive growth story, and these three stocks look like the best ways to play it in August.

Brought to you by FinancialContent
09 Aug, 2020 / 11:15

The US dollar did not recover as much ahead of the jobs as we flagged a week ago, and the technical condition is still stretched.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 11:02

We wanted a permissionless system where users set the rules. We got a new financial toy for a small handful of wealthy companies and individuals.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 11:00

Twitter Inc. has reportedly held preliminary talks to buy the US operations of the video-sharing app TikTok, which the Trump administration has declared a national-security threat due to its Chinese ownership.It is unclear whether Twitter (TWTR) will pursue a deal with TikTok’s Beijing-based owner ByteDance Ltd., which would face significant challenges, the Wall Street Journal reported.Microsoft Corp. (MSFT), which last Sunday said that it is prepared to continue negotiations to buy TikTok’s US operations after talking to President Trump, is considered the front-runner for any possible deal. Twitter is seen as a long-shot bidder, given that it is much smaller than Microsoft and would have a harder time paying for the deal - and the software giant is further advanced in negotiations.President Trump set a Sept. 15 deadline for TikTok to find a buyer for its US operations by or face a ban. On Thursday, the White House issued an executive order that would bar people in the US from transactions with ByteDance.It is not clear what the valuation of TikTok's US operations would be, but estimates run into the tens of billions of dollars, which raises questions about how Twitter would finance any deal. Twitter's market capitalization is about $29 billion and Microsoft's is more than $1.6 trillion.Because of its smaller size, Twitter believes it would be unlikely to face the same level of antitrust scrutiny as Microsoft or other potential bidders.Twitter would most probably need help from other investors if it does buy TikTok. The company has far less financial firepower than other major tech players, though it does have high-powered investors such as private-equity firm Silver Lake. Unlike Microsoft, Twitter does not operate in China. China blocked access to Twitter in 2009.If a deal does ultimately come together, it would reshape Twitter. A deal could help jumpstart a social-media company that has struggled to find its footing despite widespread use of its main platform. Although Twitter allows users to upload videos, the app's focus is on short messages of text and images.Trump is Twitter's most high-profile user, but he has lately criticized the company for labeling or restricting some of his posts that it says violate its policies. Such moves have fueled the president's claim that Silicon Valley tech firms are biased against him.Twitter shares fell 1.5% to $37.14 at the close on Friday taking the year-to-date advance to 16%. (See Twitter stock analysis on TipRanks).Five-star analyst John Egbert at Stifel Nicolaus maintained a Hold rating on the stock with a $33 price target (11% downside potential), citing “negative risk / reward in the short-term due to structural challenges within Twitter's ad business (exposure to brand advertisers / live events, potential headwinds from Apple's upcoming IDFA changes in iOS 14 on MAP campaigns).”In addition, Egbert sees the “likelihood of investigations into the company's data security and privacy practices being an overhang for several quarters”.The rest of the Street shares Egbert’s outlook on the stock. The Hold analyst consensus shows 23 Holds and 1 Sell versus 6 Buys. The $38.33 average price target implies 3% upside potential in the shares the coming 12 months.Related News: Microsoft Confirms TikTok Purchase Talks Back On Table After Trump Call Microsoft Said To Halt TikTok Talks As Wedbush Says Deal Makes ‘Strategic Sense’ Teladoc To Snap Up Livongo In $18.5B Virtual Care Merger Deal More recent articles from Smarter Analyst: * Biogen Spikes 10% On FDA Fast Review For Potential Alzheimer Treatment  * Billionaire Buffett Buys Back $5.1B In Berkshire Stock As 2Q Profit Beats * Amarin’s Vascepa To Take Part In Covid-19 Study In Adults With Heart Disease * FedEx Gains 7% On Delivery Rate Hikes, Stephens Lifts PT

Brought to you by Yahoo! Finance
09 Aug, 2020 / 09:54

“Assuming a deal was announced before the September 15th deadline that closed on December 31st, and Microsoft acquired the U.S. business only, which illustratively could grow from $500 million in 2020 to $3 billion in 2021 (500%), TikTok could add 2% inorganic growth to Microsoft’s model in CY21e,” said Keith Weiss, equity analyst at Morgan Stanley.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 07:43

It is far from certain that Twitter would be able to outbid Microsoft Corp and complete such a transformative deal in the 45 days that U.S. President Donald Trump has given ByteDance to agree to a sale, the sources said on Saturday. The news of Twitter and TikTok being in preliminary talks and Microsoft still being seen as the front-runner in bidding for the app's U.S. operations was reported earlier by the Wall Street Journal.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 02:01

It’s a mixed start to the day. A Bitcoin move back through to $11,800 should support the broader market.

Brought to you by Yahoo! Finance
09 Aug, 2020 / 00:24

A July employment report that was better than feared helped U.S. indices end higher, led by the Nasdaq's almost 4% gain. Earnings reporting season has peaked and was not as bad as expected, though many have yet to step into the earnings spotlight.

Brought to you by FinancialContent
08 Aug, 2020 / 23:30

It’s a busy week ahead, with economic data, monetary policy, U.S foreign policy, and the path of the U.S stimulus package to drive the markets.

Brought to you by Yahoo! Finance
08 Aug, 2020 / 22:26

NPR reports that the lawsuit will argue that the executive order is unconstitutional because it failed to give the company a chance to respond.

Brought to you by Yahoo! Finance
08 Aug, 2020 / 21:09

The stock market had broad gains last week among the key indexes and leaders, despite a few high-profile losers. But here are four key risks to watch.

Brought to you by FinancialContent
08 Aug, 2020 / 19:03

Your stocks to watch this week are Microsoft, Amazon and other big techs in or near buy zones. While they are giants, they aren't lumbering.

Brought to you by Yahoo! Finance
08 Aug, 2020 / 17:37