Finance & Investing

BIGC, Corporate Taxes, and FCTV | Balancing Network – Balancing Network

Everything You Need To Know

Market Update

US futures are slightly higher as investors await news from the Fed.

International Markets

European and Asian markets are trading higher on economic recovery hopes and key central bank meetings.

Commodities

Gold is trading slightly higher today, while silver is down 0.4% as the Fed’s response to rising yields comes into the spotlight. Oil prices are down over 1.5% as increased stockpiles cause concerns.

Crypto

Bitcoin is down another 1.7% today and is currently trading around $55,525.

Interesting News

President Biden is planning on raising taxes sooner rather than later. Biden wants to raise corporate taxes from 21% to 28%. Stripe is now America’s most valuable startup. Carnival has more cruise bookings for 2022 than it had in 2019.

Biggest Pre-Market Movers

AstraZeneca (AZN) is up 2.3% after their vaccine will be recommended to those 65 and older in Canada. SBUX is up 1.8% after BTIG upgraded to them to a buy from neutral. FTCV is up 14.7% after announcing a merger with eToro a Robinhood rival.

Chart of the Day

BIGC Ready to Breakout

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