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Market News

Location American Market News for 27 May 2020
Consider Electronic Arts Over Take Two Interactive As Demand For Gaming Increases? The stock price for Electronic Arts is down roughly 8.5% since May 31, 2018, as the company's business in 2019 was impacted by lower user engagement. In comparison, Take Two Interactive, best known for its NBA2K franchis...
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5 Student Loan Changes For 2020

Forbes - 27 May 2020 16:23
5 Student Loan Changes For 2020 This could be a game changer.
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Securonix Wins In $4B Market As Splunk Stock Hits New Highs This SIEM industry challenger may have some lessons for leader, Splunk
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Growth Is Crushing Value Right Now, But Take A Long-Term Horizon So far this year, growth stocks are up 1.8 percent through May 27. Meanwhile, value stocks are still down more than 16.2 percent.
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Most Businesses Pessimistic About Speed Of Economic Recovery, Fed Reports Health concerns, limited childcare, and expanded unemployment are making it more difficult to bring employees back to work, the Fed said.
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Investors Buy Ralph Lauren's Timeless Pitch

Wall Street Journal - 27 May 2020 22:27
Ralph Lauren's focus on e-commerce and direct-to-consumer sales blunted coronavirus impacts in China, cushioning share prices as the company braces for a worse quarter.
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Phase II Trials Starting 'Any Day' So Why Is Moderna's Stock Down 40%? Moderna is leading the crowded Covid-19 vaccine pack. But its stock has fallen 40% since May 18. Is it a bargain?
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What you could lose if you cancel a property booking

livemint.com - 27 May 2020 21:20
You may have to forfeit your initial deposit or get caught in a long-drawn legal battle.If you feel unsure about affording the payment in future, it makes sense to cancel, even if you lose some money
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Government stops issuing 7.75% savings bonds

livemint.com - 27 May 2020 20:13
The 7.75% Government of India Savings (Taxable) Bonds were an attractive investment with retired investors who invested their money in this instrument with a lock-in period of four to six years, depending upon the age of...
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Look for funds from other AMCs that are similar in nature and equal in performance capability
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Billionaire Bill Ackman Exits Position In Warren Buffett's Berkshire Hathaway We continue to think Berkshire will be a strong investment over the longer term, but we also think the current environment means there may be more than typical opportunities for us to see very high-returning investments.
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Twitter Loves Your Rage Against Its Machine

Wall Street Journal - 27 May 2020 18:53
Social media companies such as Twitter seem to feed off the very contempt they breed in their users.
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Today's Interest Rate Environment - A Challenge For Investors And Their Fixed Income Allocation What is the role of bonds in a portfolio while interest rates are low?
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Millions Of U.S. Jobs Are Never Coming Back From The Covid-19 Recession "We find three new hires for every 10 layoffs caused by the shock and estimate that 42% of recent layoffs will result in permanent job loss."
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A Wave Of Insider Selling Has Completed Morgan Stanley's Moderna Shuffle As Moderna shares plunge below $50 in Wednesday morning trading, I called back to my Forbes article of last week.
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African AgTech: Five Take-Aways

Forbes - 27 May 2020 17:33
African AgTech: Five Take-Aways After attending the AAC's conference on African AgTech, my impression is that there is a great deal of opportunity for entrepreneurs and investors in Africa. The narrative offered by conference participants contained imp...
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Stocks Cut Gains, Dow Up 200 Points As Tech Shares Slide The Dow broke above 25,000.
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Securities Giant Leads $14 Million Investment To Bring Bitcoin To Institutions SIX Group is not only leading the Series A, but plans to use the technology to give institutional investors in Switzerland access to regulated bitcoin investing.
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Top 5 Stocks To Buy On Robinhood Today

Forbes - 27 May 2020 17:05
Top 5 Stocks To Buy On Robinhood Today According to our Q-Factor modeling, we have identified the top stocks to buy today. We recommend acting fast and buying on the dip before it bounces back.
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June Market Outlook: Key Month Looms As States Reopen And Optimism Faces Test As June begins, focus may increasingly turn toward virus caseloads amid the tentative reopenings of all 50 U.S. states. Any sign of a major new wave of cases might be more market-moving than typical earnings and data.
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CNBC Anchors Clash Over Coronavirus Death Toll: '100,000 People Died, Joe!' "All you did was try to help your friend the president," Sorkin alleged of Kernen.
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European Union Reveals $826 Billion Economic Stimulus Plan To Battle Coronavirus Damage Under the proposal, the E.U will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all of the E.U.'s 27 member state...
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