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Market News

Location American Market News for 29 August 2018
Is Diageo About To Enter The Cannabis Space? Shares of marijuana stocks spiked amid rumors regarding Diageo's (NYSE:DEO) interest in entering the cannabis space. This latest development does not come as much of a surprise and follows close on the heels of a massive...
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Andreessen Horowitz's crypto fund just made its biggest bet yet The blockchain-based project, called Dfinity Foundation, raised $102 million in a private sale of tokens to accredited investors, bringing its total capital raised to more than $190 million
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Amazon, Alphabet have a new number one fan on Wall Street Morgan Stanley upped its price targets for the tech giants' stocks by 35% and 14% respectively on Wednesday, to levels higher than any other of the analysts surveyed by Bloomberg
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A Snapshot of Boston Scientific's Business And Outlook Boston Scientific (NYSE:BSX) generates its revenues from Cardiovascular, Rhythm Management, and MedSurg businesses. The Cardiovascular segment currently accounts for around 40% of the total revenues, while the other two ...
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Why We Feel Cannabis Producer Tilray Is Currently Overvalued Cannabis company Tilray Inc.'s (NASDAQ: TLRY) stock has soared since its debut on NASDAQ, increasing a scarcely believable 200%. The euphoria surrounding the legalization of recreational marijuana in Canada, the potentia...
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What Can Revitalize Bitcoin: Short Squeeze Or Banking Crisis? There are two factors which can drive the price of bitcoin in the short and long term. The CFTC data has started to give out some hints already,and the current monetary policy adopted by major banks could provide further...
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LIC Board to meet on 4 September to decide modalities for raising stake to 51% in IDBI Bank The LIC board will discuss time line for open offer, board level appointments and future strategy for revitalising IDBI Bank, people aware of the matter said
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5 Stocks Trading Below Book Value, Paying Dividends And Earning Money What stocks you come up with if you apply the techniques of stock selection from Benjamin Graham's The Intelligent Investor.
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The U.S. Is Experiencing A Dangerous Corporate Debt Bubble Corporate debt has increased by over $2.5 trillion or 40% since its 2008 high, which was already a dangerously high level in its own right.
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Investor Sentiment: Optimism Rebounds To Six-Week High Optimism among individual investors about the short-term direction of the stock market rose to a six-week high.
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Canada-U.S. Trade Deadline Looms, Scale For Win Is 'Significant' U.S.-Mexico could strike out alone. But killing NAFTA harder than it looks.
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Equity Market Rally Helped Boost Assets At Largest Wealth Managers In Q2 The strong rally in equity markets over the second quarter, coupled with a continued inflow of assets globally, helped boost client assets held by the six largest wealth managers in the world.
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Stronger Dollar Helps Morgan Stanley Surpass UBS As World's Second-Largest Wealth Manager The strong rally in equity markets over the second quarter, coupled with a continued inflow of assets globally, helped boost client assets held by the six largest wealth managers in the world.
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The Age Of Change Is Coming, And These Tech Trends Will Drive Economic Growth The current recovery may continue for a couple more years, and trends in age reversal, banking, AI, 3-D printing and blockchain will help drive the next decade or two's economic growth.
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What To Expect From HP Enterprise Through Fiscal 2018 After Q3 Revenue Slowdown HP Enterprise announced its fiscal third quarter earnings on August 28, reporting a modest 3% y-o-y increase in net revenues to $7.8 billion. Revenue growth slowed down in the core Hybrid IT segment, with revenues increa...
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Is there merit in taking a re-look at expense ratios charged by mutual funds? Sebi and the mutual fund industry find themselves divided over how much expense funds can charge
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Short bets on world's biggest tech stocks surge to $37 billion Bearish investors have shorted about $37 billion worth of stocks in the FAANG group, up 42% from a year ago
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Solid GDP Report, Canada Trade Talks Provide Spark In Dull Week We're in a week between many events, so action was a bit dull yesterday and might stay that way today. The spark came from a solid GDP estimate of 4.2%, and hopes for progress in U.S./Canada trade talks. Volume might be ...
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Investors increasingly engaged on world water issues Record heatwaves and droughts across Europe and Asia are rippling across global wheat markets. Wheat futures are hitting three year highs as production levels plummet in Russia, Ukraine and other European countries.
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American Eagle Outfitters forecast third-quarter profit below expectations on Wednesday, partly due to lower-than-expected sales for its popular Aerie line of lingerie, sending its shares down nearly 8 percent.
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Sales at Dick's Sporting Goods stores open for at least 12 months also tumbled by a bigger-than-expected 4 percent during the quarter ended Aug. 4, which was partly blamed on Under Armour.
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Corrupt Businessmen, Dirty Courts, & The Kirchners: It Takes Three To Tango Argentina is facing a unique opportunity to set the conditions to severely limit corruption in public works projects, but it must do so by the hand of a controversial and morally questionable judge.
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