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Market News

Location American Market News for 28 February 2020

Euro's Surge Shows Power of Carry Trades Unwinding

Wall Street Journal - 28 Feb 2020 12:47
The euro has rallied against the dollar this week, contrary to what might be expected in a weak economy that has the biggest outbreak of coronavirus outside of Asia.
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Here's Why We Revised Our Forecast For Expedia To $111 Expedia's (NASDAQ: EXPE) stock price has been quite volatile and fluctuated between $95 and $138 over the course of 2019. The stock was slightly down year-to-date largely due to its long-term growth concerns. Also, it co...
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Energy Storage Set To Charge Into Central Role In Global Markets Energy storage is set to take an increasingly central role in the global economy, growing almost tenfold over the next decade and a half, new research suggests.
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The Stock Market Is In Free Fall On Coronavirus Fears. How Much Worse Will It Get? It was the stock market's worst week since the 2008 financial crisis.
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How Stocks Reacted During Past Flu Pandemics And Steps You Can Take To Minimize Losses Stock markets around the world have been in freefall this week as news of the coronavirus continues to paint a dire picture.
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As governments world-wide continue to prepare for the public health fallout of coronavirus, investors said they are seeking companies that might find business helping to treat the epidemic.
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Fed Rate Cut Due To Coronavirus Matter Of When, Not If The Federal Reserve is coming under increasing pressure to cut interest rates, perhaps sharply, to address mounting concerns about the likely economic drag from the China-originated coronavirus.
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Stock Market Crash: How Bad Can It Get?

Forbes - 28 Feb 2020 21:48
Stock Market Crash: How Bad Can It Get? The stock market is tanking, and this cannot be called anything but a crash. But looking at similar market routs in the past suggests that the chances that prices could level off and regain at least some of ground are pr...
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The Hollywood Drama That Cost a BlackRock Fund $75 Million

Wall Street Journal - 28 Feb 2020 21:19
The investment giant fired a fund manager over a conflict of interest after his daughter got a screen role in a movie he financed.
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Excuse me Mr. Wayne, Do You Have a License for that Batmobile?

Wall Street Journal - 28 Feb 2020 20:46
Companies are responding to customers' demand for protection--and style. The most recent example is the supposedly bulletproof Tesla cybertruck. One question Tesla bulls may not have fully considered: Why buy a cybertruc...
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Cannabis Companies Look To Debt Financing, But Lenders Question Collateral Value When equity investors started shying away from the legal pot industry last year, cannabis businesses were quick to turn to the debt markets. Now, with cannabis bankruptcies cropping up in Canada, lenders are taking stock...
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Doordash Data May Deliver A Delicious IPO - As Long As It Can Maintain Scale Doordash data reflects substantial growth as it looks to make an IPO debut. Thanks to its digital prowess, Doordash is getting more attention than its competition, on social media and in app stores.
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Remember When Bitcoin Was Supposed To Be Good As Gold? It Isn't Bitcoin is falling again, like everything else. Why hasn't it lived up to its digital safe haven thesis?
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Is This Dividend Growth Stock One Of The FTSE 100's Greatest Bargains? I own this FTSE 100 stock. I think you should buy it before the end of the weekend, too.
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Pivot Analysis Insights For Investors And Traders Pivot analysis is a tool that market technician Tom Aspray uses to determine not only a market's trend but also key levels of support and resistance. In this article Tom explains how you can use it in your investing and ...
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Medtronic's Revenue To Top $34 Billion In Fiscal 2022? Medtronic's revenue grew at a CAGR of 2.0% from $29.7 billion in fiscal 2016 to $30.6 billion in fiscal 2019, and it is estimated to top $34 billion in 2022, led by its Restorative Therapies Group segment...
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A Cheap Dividend AND Growth Stock You Need To Consider Buying Before March Could this low-cost hero be a brilliant buy right now?
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Wayfair's stock tanked Friday morning, after the online furniture retailer said its losses widened during the holiday quarter.
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A Latte Riding On IPO For Oat Milk Leader Oatly Oatly--the 20-year-old Swedish food research company that pioneered oat milk--is considering an IPO in the next 18 to 24 months and is working with Goldman Sachs to evaluate its options.
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London Stock Exchange's Future Depends on Brussels

Wall Street Journal - 28 Feb 2020 16:53
Investors may be too relaxed about two European Union decisions that are crucial to the company's growth plans.
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Continued Coronavirus Spread Keeps Wall Street Worried As Slide Enters 7th Day The market is pulling back more this morning as investors continue their re-evaluation of how they think earnings might be affected by the coronavirus outbreak.
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How the Coronavirus Upended Markets---in Nine Charts

Wall Street Journal - 28 Feb 2020 16:36
Several volatile trading sessions have wiped trillions of dollars of value from global stocks. Here's how markets are behaving and what they're signaling.
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