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Market News

Location American Market News for 7 July 2020
Use the hard lessons during this time to write a script for your future money life
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China Orders Up a 'Healthy Bull Market,' and Stocks Oblige

Wall Street Journal - 7 Jul 2020 12:27
China's stock market is taking cues from bullish state media again. Last time, that didn't end well.
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Lyft's Recovery Looks Overheated

Wall Street Journal - 7 Jul 2020 21:12
Amid the pandemic, Lyft is a ride-hailing pure play trading like it has Uber's diversification.
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5 Stocks To Short As Markets Retreat From Monday's Rally As the Nasdaq continues its historic climb, the Dow has erased some of Monday's gains. The coronavirus will continue to make headlines as its cases grow at a consistent rate across 23 states. It's never a bad time to sho...
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An in terrorem clause says that if any of the beneficiaries challenges or contests the Will or Trust, he or she would forfeit their interest
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Best Growth ETFs For July

Forbes - 7 Jul 2020 23:38
Best Growth ETFs For July Our AI has curated a list of the best growth ETFs using deep learning algorithms. Whether you're looking to buy, hold, or sell, this valuable resource is an examination of recent fund flows across over a dozen growth ETF...
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Rooftop Solar Rivals Take On Tesla

Wall Street Journal - 7 Jul 2020 20:08
The combination of Sunrun and Vivint Solar forms a company that would overtake Tesla's residential solar business in scale.
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Luckin Coffee has yet to release the results of a controversial shareholder vote during which Chairman Charles Lu reclassified the supervoting shares of one representative.
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The new rules are expected to raise advisory standards in the industry but a lot depends on the enforcement.Advisory fees may eventually go up as the industry will be forced to hire more expensive talent
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Uber Says It Will Become Profitable Next Year, Boosted By $2.65 Billion Postmates Acquisition Uber's CEO says the deal can help the ridesharing giant finally achieve profitability.
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Dow Falls 400 Points Amid Lingering Coronavirus And Economic Fears Stocks snapped a five-day streak, falling on Tuesday.
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The World Can't Take Much More Shale Gas

Wall Street Journal - 7 Jul 2020 11:30
Natural-gas prices have bounced back from the 25-year low reached late last month, but analysts and traders don't expect them to go much higher. At least until it is time to turn on the heat.
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A complete recovery "will likely take some time," Levi & Strauss Co. CEO Chip Bergh said.
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Boeing Stock To Blame For Dow's Intraday Decline While the majority of these companies have run the gamut financially as a result of quarantines and a shifting focus from business as usual to business from home, they all have one thing in common this week. Good and bad...
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It's clear that digital payments have evolved from a nice-to-have capability to an essential service
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Banks Could Get $24 Billion in Fees From PPP Loans

Wall Street Journal - 7 Jul 2020 17:07
JPMorgan and Bank of America are in line to split between $1.5 billion and $2.6 billion for being the conduits of the government's aid program for small businesses.
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It's Official: Brazil's President Has The Coronavirus And Market Reverses Bolsonaro catches Covid-19.
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Oil Prices Swing Ahead of Stockpile Data

Wall Street Journal - 7 Jul 2020 17:31
Crude prices have stalled around $40 a barrel as traders wait for inventory data that might indicate whether the U.S. economy and demand for oil are indeed rebounding.
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Outlook for Diagnostics Sector Tests Positive

Wall Street Journal - 7 Jul 2020 17:26
The Covid-19 crisis has been very good to companies making tests and that isn't likely to disappear once the current wave of infections does.
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Is Callaway Losing During The Golf Boom?

Forbes - 7 Jul 2020 17:25
Is Callaway Losing During The Golf Boom? This was supposed to be the year for Callaway Golf (ELY). It's new MAVRIK line--with its A.I.-designed Flash Face technology--was going to ignite the "gotta be the first to have it" crowd.... but...
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After India, U.S. Considers Banning TikTok For Real This Time First Huawei. Now on to TikTok.
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Tesla's Short Shorts Are a Bit Like Its Cars

Wall Street Journal - 7 Jul 2020 17:00
Elon Musk poked some fun at short sellers with an offer that critics can chuckle about too. Tesla's limited-edition $69.420 short shorts are only available for a big markup.
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