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Market News

Location American Market News for 19 September 2019
Surprising Analyst 12-Month Target For The iShares Russell 1000 Growth ETF For the iShares Russell 1000 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $177.68 per unit.
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Airbnb Plans To Go Public In 2020

Forbes - 19 Sep 2019 18:10
Airbnb Plans To Go Public In 2020 The short-term rental company may be one of the most highly-anticipated IPOs of 2020.
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World's Best Tax Haven: The United States

Forbes - 19 Sep 2019 16:57
In 1996, Congress amended the Internal Revenue Code to allow the easy creation of US-based foreign trust by both US and non-US persons . . . and made the United States the best tax haven in the world.
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Trump Files Suit In Attempt To Block Tax Return Release The suit targets the Manhattan district attorney and Trump's own accounting firm.
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AT&T Sale of DirecTV Would Be No Blockbuster

Wall Street Journal - 19 Sep 2019 22:12
Separating DirecTV would remove cash flows that AT&T needs to pay a dividend and service debt.
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The repo problem in the bond markets is a symptom of a much deeper problem in money markets due to disparate and un-coordinated global central bank policy and its effect on interest rates, carry and expected returns in b...
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Can An Industrial Company Actually Be Good For The World? A Q&A With Orbia CEO Daniel Martínez-Valle How could one of the world's largest makers of petrochemicals - an aspect of the business so prominent that, until last week, it was in its name (Mexichem) - contribute to positive global change?
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Microsoft Stock Has Rallied 37% This Year. Now It Could Reach New Highs. Shares of the software giant could go even higher.
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Airbnb's IPO Is Fueled By Digital Growth And Engagement Airbnb announced on its website plans to make an IPO sometime in 2020, helping eager investors chart out plans for how, and when, they can invest in the home-sharing startup.
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Fintech Company Stripe Draws $35 Billion Valuation

Wall Street Journal - 19 Sep 2019 19:00
Stripe has climbed closer to the top ranks of the highest-priced U.S. startups after a new fundraising round valued the financial-technology company at $35 billion.
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Datadog Shares Soar as Investors Bet on Cloud-Based Software

Wall Street Journal - 19 Sep 2019 19:00
Shares of Datadog jumped as they made their debut in the public markets, reflecting robust investor demand for companies tied to cloud-based technologies.
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Crude Rebounds on Renewed Concerns About Saudi Production

Wall Street Journal - 19 Sep 2019 18:32
Oil prices rose as investors questioned Saudi Arabia's ability to restore crude output after an attack on one of the kingdom's largest oil facilities over the weekend.
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U.S. government bond prices slipped after the Federal Reserve added $75 billion to the financial system to stabilize short-term money markets in its third such operation this week.
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Are We About To See Opportunity In The Stock Market? Despite recent recession, trade, and yield curve inversion fears, stocks are demonstrating a pattern of strength that has led to further upside.
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Why Uber Could Crash On November 6

Forbes - 19 Sep 2019 17:50
Why Uber Could Crash On November 6 Circle November 6 on your calendar. That day, one of America's most controversial disruptor stocks will likely get crushed.
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Altria's Bet on E-Cigarettes Is Burning Its Stock

Wall Street Journal - 19 Sep 2019 17:39
Altria, America's biggest tobacco company, is being burned by its investment in e-cigarettes.
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Airbnb to Go Public Next Year

Wall Street Journal - 19 Sep 2019 17:36
Home-sharing company Airbnb expects to go public next year, the company said.
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U.S. Jobless Claims Rise Less Than Expected And Remain Low A strong job market is helping shield against a slowdown in the U.S. economy.
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Analysts See 10% Gains Ahead For The Invesco S&P 500 Pure Growth ETF For the Invesco S&P 500® Pure Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $132.28 per unit.
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How To Steer Your Retirement Portfolio With The S&P 500 Near All-Time Highs I continue to be astonished about something relating to the stock market, and particularly the S&P 500 Index. Specifically, I am amazed at how much wealth aimed at funding people's retirement is sitting in vehicles tied ...
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The First Trust Morningstar Dividend Leaders Index Fund ETF's Holdings Imply 10% Gain Potential For the First Trust Morningstar Dividend Leaders Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.38 per unit.
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China Is Not Apple's Only Problem

Forbes - 19 Sep 2019 15:57
China Is Not Apple's Only Problem Apple is losing market share in China and it's not just because of competition from new rival Huawei.
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