Market News
Sina Likely To Report Forgettable Q1 Results, But Revenues Should Recover Sharply In The Near Future
Forbes - 23 May 2019 08:30
Sina reports its Q1 results on May 23. We expect the company's Q1 results to be weak. Trefis maintains a price estimate of $73 per share for Sina, which is almost 70% higher than the current market price. A sizable chunk...
Lowe's Revenue Beats Consensus, Growth On Track For FY 2019?
Forbes - 23 May 2019 22:52
Lowe's (NYSE: LOW) announced its Q1 2019 (ended April 2019) results on May 22, 2019, followed by a conference call with analysts. The company beat consensus for revenue which was recorded at $17.7 billion, up by 2.2% y-o...
The Good And The Bad Of Job Automation
Forbes - 23 May 2019 22:50
Labor-saving technology, while beneficial to everyone over time, has a different short-term effect. It enables higher productivity in a smaller number of people. And that is a problem.
Revenue Falls As Tata Motors Ends FY 2019
Forbes - 23 May 2019 21:41
Tata Motors (NYSE: TTM), the Indian Auto giant, announced its Q4 2019 (ended March 2019) and FY 2019 results on May 20, 2019, followed by a conference call with analysts. For the year, the company missed consensus for re...
Bitcoin Shows Strength By Bouncing Back After Breather
Forbes - 23 May 2019 21:31
Bitcoin prices enjoyed a modest recovery today, rising more than 5% from their daily low of less than $7,500. Is this the latest sign that bitcoin is in a bull market?
Escalating U.S.-China Trade War Makes LNG Projects Vulnerable Stateside
Forbes - 23 May 2019 20:04
Beijing is on track to become the world's largest LNG importer, and the U.S.-China current spat does not augur well for the energy industry.
Do Not Doubt Trump's Tariffs On All "Made In China" Goods
Forbes - 23 May 2019 19:04
Nomura places odds of full tariffs on China at 65%.
Explaining The Big Tesla Sell Off
Forbes - 23 May 2019 18:52
Tesla (NASDAQ: TSLA) stock has declined by close to 30% since early April, currently trading at levels of around $200 per share. While there are a lot of moving parts to the Tesla story at the moment, below we try to spe...
Why ETF Investors Have A China Problem
Forbes - 23 May 2019 18:30
Investors clamored for years to get access to the China stock market. Now that they have that access, there could be an opposite problem. You see, the China stock market, as large as it is, offers a wide variety of ways ...
Federal Reserve Balance Sheet Strategy
Forbes - 23 May 2019 18:16
The Federal Reserve reduced its balance sheet by $27 billion during the week ended on May 15 continuing its "quantitative tightening" strategy.
What young India expects from NDA in the next five years
livemint.com - 23 May 2019 17:19
Most of young India feels demonetisation was a healthy move.While the BJP-led NDA does seem to have hit a chord with the young minds of this country, there's a quite a lot that needs to be worked upon
Why Now's The Time To Bet On European Stocks
Forbes - 23 May 2019 16:58
A sophisticated analysis of currency markets and stock returns points to outperformance for European equities and underperformance in the U.S., a new report says.
Election results 2019: Many hope NDA-II to roll back LTCG tax on equity
livemint.com - 23 May 2019 16:44
Sensex also hit 40,000 for the first time as the early leads suggested a clear BJP victory.The new government should definitely work something out in terms of taxation and remove the 10% LTCG tax, says financial advisor
Market experts sound note of caution on election euphoria
livemint.com - 23 May 2019 16:36
"From here onwards focus will shift to priorities in public expenditure, and economic reforms," said Sachin Relekar, CIO (Equities) at LIC Mutual Fund.Some fund managers have advocated taking a long term view
The iShares Russell Mid-Cap Growth ETF's Holdings Imply 10% Gain Potential
Forbes - 23 May 2019 16:13
For the iShares Russell Mid-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $150.86 per unit.
Brexit Back: As UK Election Takes Place, Fears Rise Again While China Talks Still Stalled
Forbes - 23 May 2019 15:45Modi set to sweep, what does it mean for your money
livemint.com - 23 May 2019 15:21
Experts suggest it is a good time bet on large-cap as segment has had a good run in last one year. After one or two weeks, the focus will again shift from Lok Sabha elections to global issues like crude prices
The iShares Core Dividend Growth ETF's Underlying Holdings Could Mean 10% Gain Potential
Forbes - 23 May 2019 15:13
For the iShares Core Dividend Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.87 per unit.
Who Will Win The China-US Showdown Over Rare Earth Metals?
Forbes - 23 May 2019 14:14
The next battle in the ongoing trade war between China and the US could be over rare earth metals: 17 elements critical to US manufacturing that are under near monopolistic control by China.
Add Up The Parts: The First Trust US Equity Opportunities ETF Could Be Worth $83
Forbes - 23 May 2019 14:13
For the First Trust US Equity Opportunities ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $83.34 per unit.
BHP Group: Trade War Winner
Forbes - 23 May 2019 13:30
Trade wars are wealth destroyers. So far, damage from the US/China disputes of the past two years has been confined to a handful of sectors. For example, US GDP still grew 3.2 percent in the first quarter of 2019. Unempl...
Best Buy sees solid second quarter as tech services boost profit margin
CNBC - 23 May 2019 13:12
Best Buy beat estimates for quarterly same-store sales, as the consumer electronics retailer sold more wearables and tablets.