wanwan_wee
voted
Apple is releasing its Q2 2024 earnings after the market closes on May 2.
Since its Q1 earnings release, shares of $Apple (AAPL.US)$ have seen a decrease of 6%. Its implied move on the earnings date is 4.2%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET Ma...
Since its Q1 earnings release, shares of $Apple (AAPL.US)$ have seen a decrease of 6%. Its implied move on the earnings date is 4.2%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET Ma...
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wanwan_wee
commented on
$Doximity (DOCS.US)$ squeezing it.
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wanwan_wee
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wanwan_wee
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What happened?
Investors currently pay a 23.8% top rate on long-term capital gains.
On Thursday, President Joe Biden is expected to propose doubling the tax rate wealthy Americans pay on investment returns when they sell stocks and other assets.
Who gets affected?
For those earning $1 million or more, the new top rate, coupled with an existing surtax on investment income, means that federal tax rates for wealthy investors could be as high as 43.4%, according to Bloomberg.
...
Investors currently pay a 23.8% top rate on long-term capital gains.
On Thursday, President Joe Biden is expected to propose doubling the tax rate wealthy Americans pay on investment returns when they sell stocks and other assets.
Who gets affected?
For those earning $1 million or more, the new top rate, coupled with an existing surtax on investment income, means that federal tax rates for wealthy investors could be as high as 43.4%, according to Bloomberg.
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