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Market News

Location American Market News for 10 May 2019
Peek Under The Hood: The Vanguard Growth ETF Has 10% Upside For the Vanguard Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $175.97 per unit.
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Uber's IPO is no ground-floor opportunity. Uber is a giant, overvalued, money-losing enterprise that early investors have already milked dry. Most of the upside is long gone. Early private investors have claimed it all. ...
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Free Coffee And An App Won't Help Luckin Beat Starbucks Free cups of coffee, fast store openings, and technology will help Luckin Coffee burn a great deal of investor money, but it won't turn the Chinese start-up into another Starbucks.
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3 Reasons Not To Break Up Facebook

Forbes - 10 May 2019 22:36
3 Reasons Not To Break Up Facebook Chris Hughes, a Facebook co-founder who says he sold all of his shares in 2012, believes the company should be broken up. He was as wrong about Facebook in 2012 as he is now.
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Can Barrick Gold Sustain The Momentum Through FY 2019 After A Strong First Quarter? Barrick Gold Corp (NYSE: GOLD) released its Q1 2019 results on May 8, 2019, followed by a conference call with analysts. The company reported revenue of $2.1 billion in Q1 2019, marking a growth of 16.9% over the previou...
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Record Gold Sales And Palladium Revenue Stream Helps Wheaton Precious Metals To Beat Consensus In Q1 Wheaton Precious Metals (NYSE: WPM) released its Q1 2019 results on May 8, 2019. The company reported revenue of $225.1 million in Q1 2019, marking a growth of 12.9% over Q1 2018, driven by a 64% increase in the number o...
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Watch The Fed Walk-Back The Walk-Back

Forbes - 10 May 2019 21:26
The Fed is pivoting in response to markets; this is a natural consequence of its new "data-dependence" bias.
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Why We Increased Our Price Estimate For Cree We are increasing our price estimate for Cree (NASDAQ:CREE) from about $47 per share to about $60 per share, driven by the company's pivot away from the commoditized lighting business to higher-margin businesses such as ...
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Here's How Much U.S. Companies Used To Pay In Tariffs Also, here's how many jobs will be lost because of the tariffs.
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Here Come The China Downgrades

Forbes - 10 May 2019 19:42
Here Come The China Downgrades PNC Financial lowers its forecast for China GDP. Sees sub-6% growth for rest of the year.
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Don't Delay! A Dirt-Cheap Dividend Payer That Could Rise Next Week If inflation-beating dividends and top value are what you're after, come take a look at this downtrodden share whose value could balloon early next week.
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Why Is Bitcoin Leaving Top Cryptos In The Dust? Bitcoin returns have surpassed those of many other top cryptocurrencies since early April. What has caused this outperformance?
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Analysts Predict 11% Upside For The SPDR Portfolio Large Cap ETF For the SPDR Portfolio Large Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $37.37 per unit.
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CSX Corporation Appears To Be Fairly Valued At The Current Market Price CSX Corporation's (NYSE: CSX) stock price has been on a strong run with over 30% gains year-to-date. This can be attributed to improved efficiency, and lower operating ratio, among other factors. However, the stock price...
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SBI cuts home loan rates twice in a month

livemint.com - 10 May 2019 16:27
SBI had earlier cut home loan rate on 10 April.SBI commands around 34% of market share in home loans and auto loans
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Trump's Climate Denial Is Acutely Dangerous But Also Grossly Inefficient New figures from the International Monetary Fund cast an especially harsh light on Trump's policies because they go beyond its basic moral turpitude to highlight the actual inefficiency of his approach.
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Analysts Expect The iShares U.S. Technology ETF Will Reach $215 For the iShares U.S. Technology ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $215.49 per unit.
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China Trade War: We Are In Unchartered Waters Companies are being forced to look for new suppliers, outside of China.
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Volatility On The Upswing As Tariffs Rise, Potentially Putting Investors In Cautious Mode With Uber's IPO and higher tariffs on China both in the spotlight today, investors should remember there's no award for being first to trade. Sometimes when markets are volatile, it can be prudent to let things play out ...
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The Future Is Circular

Forbes - 10 May 2019 15:34
The Future Is Circular A paradigm shift leaves those stuck in their old mental framework at a loss; what had been common sense can no longer be trusted, and the commonsense notions of the new paradigm seem fanciful. Fanciful as it may seem, th...
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Analysts Predict 12% Gains Ahead For The Holdings Of The iShares Russell Mid-Cap Value ETF For the iShares Russell Mid-Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $97.75 per unit.
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Political FOMO in Argentina: How Macri Can Beat Cristina Kirchner As Macri seeks to woo the middle class with price controls, he could attempt to seduce the "cĂ­rculo rojo" by pledging to make Larreta his Cabinet Chief in 2020?
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