Market News
Google And Facebook Stock: Is Weak Ad Demand Priced In?
Forbes - 13 Apr 2020 07:14
Ad demand is falling off a cliff. Facebook, Google and Twitter have warned that Q1 is going to be lower than originally forecast. How will other advertising stocks be effected and when will a rebound occur? This analysis...
Earnings Preview: What To Expect From Wells Fargo On Tuesday
Forbes - 13 Apr 2020 16:16
Wells Fargo is expected to report $0.61/share on $19.50 billion in revenue. Meanwhile, the so-called Whisper number is $0.60. The Whisper number is the Street's unofficial view on earnings.
Another Year, Another Loss For Alibaba Pictures As Pandemic Strikes
Forbes - 13 Apr 2020 02:04
Alibaba Group's interests include e-commerce, finance, logistics, supermarkets and entertainment
Auto Dealership M&A Stuck In Neutral
Forbes - 13 Apr 2020 16:10
With the gears of the economy grinding to a halt over COVID-19-related quarantines, it should come as no surprise that auto dealership M&A - coming off a strong year in which 233 transactions were completed nationwide - ...
Blackstone Invests $2 Billion in Alnylam
Wall Street Journal - 13 Apr 2020 14:35
The deal, a combination of equity and debt, gives the Massachusetts biotech company the cash needed to bring more of its products to market.
Roku stock pops as company says it expects streaming hours grew 49% in Q1
CNBC - 13 Apr 2020 23:53
Roku said Monday that it was withdrawing its full-year 2020 financial outlook due to economic uncertainties around the Covid-19 pandemic.
U.S. Treasury Yields Rise After Oil Agreement, Coronavirus Updates
Wall Street Journal - 13 Apr 2020 23:13
The 30-year Treasury yield settled at 1.392%, its highest close since March 26.
COVID | Updated Forecast Of Days Until Peak Health Risk; Timeline Holding Steady For Most Countries
Forbes - 13 Apr 2020 22:08
Last week, we reported forecasts of the estimated number of days until countries with major ongoing Covid-19 outbreaks hit peak Health Risk, measured in terms of the gap between our current country-specific Health Risk f...
NY Fed Lays Out Plan to Pare Back Repo Liquidity Injections
Wall Street Journal - 13 Apr 2020 22:05
Citing improved money-market conditions, the bank said Monday it will soon ease back on operations designed to add short-term liquidity to financial markets.
Fed Loyalists Are Drifting Toward Zealotry Just As Their Hot-Hand Cools
Forbes - 13 Apr 2020 21:58
The easiest people to pick on in the market the last five years have been those decrying the "Everything Bubble" - the permabears, Twitter ranters, SPAM-hoarders and bitcoin hodlers who spent the bulk of the longest bull...
How to Settle the Debate on Bank Dividends
Wall Street Journal - 13 Apr 2020 21:34
There are arguments for American banks both to suspend and to keep their dividend payouts. But the degree of credit losses and loan growth could help settle the matter before long.
It's Always Darkest Before The Dawn
Forbes - 13 Apr 2020 21:31
The numbers to watch are new cases, and by most accounts, those are beginning to flatten. In New York City, the epicenter of the outbreak in the U.S., hospitalizations are slowing.
Cuomo Announces Reopening Plan With 5 State Governors, Despite Trump's Insistence That It's His Decision
Forbes - 13 Apr 2020 21:04
"We should start looking forward to reopening, but with a smart plan. If you do it wrong, it can backfire."
Work From Home Policies Won't End After Coronavirus Is Defeated, Experts Say
Forbes - 13 Apr 2020 20:30
Jefferies estimates that the number of people who work from home will double after the COVID-19 crisis.
How COVID-19 Will Change Finance: Fear, Federalism, And Fixed Income
Forbes - 13 Apr 2020 20:21
Imagine if the United States was just...The States. If Florida embargoed medical shipments to New York. If Ohio closed its borders to people from Pennsylvania. If New York banks refused to cash checks drawn on New Jersey...
CBDT clarifies how employers should deduct TDS in FY21
livemint.com - 13 Apr 2020 19:58
Employees will have to inform their employers about their intention to opt for the new optional tax regime to enable the latter to deduct TDS while paying salaries, says CBDT
What Will Oil Autocrats Do Now To Keep Power?
Forbes - 13 Apr 2020 19:53
Now that the OPEC oil deal is a dud for prices, what steps will oil producing authoritarian regimes take to stabilize their economies and positions?
Apparently, We Are All China Now
Forbes - 13 Apr 2020 19:35
Here's the problem with that.
Liquidity is the king, says Priya Sunder
livemint.com - 13 Apr 2020 19:32
The financial planner says the covid-19 pandemic will change people as individuals, making them more wary about how they spend, save and invest
Anthony Scaramucci's Firm Hit Hard By Credit Collapse
Wall Street Journal - 13 Apr 2020 19:01
'The Mooch' is facing one of his biggest tests as SkyBridge struggles with the poor performance of its hedge-fund managers.
Getting Over the Slump in Sports Betting
Wall Street Journal - 13 Apr 2020 18:50
Alleviating the boredom caused by the coronavirus crisis is a major challenge. Online sports books deserve an A for effort.
These Two D-Words Are About To Dominate The Post-Pandemic Recovery Debate
Forbes - 13 Apr 2020 18:38
Depression and deflation: These are the risks economic policymakers are now working hard to avoid.