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Market News

Location American Market News for 13 July 2020

Square Stock: Too High, Too Fast?

Forbes - 13 Jul 2020 13:30
Square Stock: Too High, Too Fast? After swelling 3.2x off the March 23 bottom, Square's stock looks fully valued based on its historic PS multiples. Square's stock rallied from $40 to an all-time high of almost $134 before settling at its current level a...
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China's Closed. So Google Invests $10 Billion In India, Following Facebook, Amazon, Apple Amazon, Facebook, Google, Apple, Microsoft have all invested billions in India ...
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What To Expect From NFLX Earnings? Investors Wait For New Subscriber Numbers, Content Update As earnings season begins its full-steam rollout, not many stocks have been the subject of analyst chatter with as much gusto as Netflix (NFLX). It's one of the few, proud to have proved resistant to the coronavirus that...
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Chip Makers Scale Up Where It Matters

Wall Street Journal - 13 Jul 2020 18:48
Analog Devices' acquisition of Maxim adds needed heft in a market where business wins tend to last.
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The Good And Bad: The Hanover Insurance Group & Marvell Technology Group See two of the featured stocks from this month's model portfolios.
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Investors Find New Safe Place to Hide: Chinese Bonds

Wall Street Journal - 13 Jul 2020 11:30
Foreign capital flowed into locally denominated Chinese government bonds in the second quarter at the fastest pace since late 2018.
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Employers not covered under the Payment of Gratuity Act 1972 Act can also pay gratuity to their employees.Gratuity received by a government employee is fully exempt
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Biden's Tax Plan Could Cut S&P 500 Earnings By 12%, Goldman Sachs Warns The chances of a Democratic sweep in November are now more than 50%.
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SoftBank Explores Sale or IPO for Chip Designer Arm Holdings

Wall Street Journal - 13 Jul 2020 22:54
The Japanese conglomerate, which bought Arm for $32 billion in 2016, is considering a full or partial sale of the British chip designer, or an initial public offering.
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The Fed's Corporate Bond-Buying Has Been Relatively Small And Positively Useless Jerome Powell and Steven Mnuchin, Federal Reserve Chair and Treasury Secretary, respectively, made it known that they would provide ample liquidity to get the U. S. economy through the Covid-19 liquidity crisis.
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Gold's Investment Popularity Means Higher Risk And Volatility Expect more price gyrations and far less predictability in gold prices than perhaps ever before.
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The recent surge of Tesla's shares puts its market value above that of JPMorgan Chase, Procter & Gamble and UnitedHealth Group.
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Interest income from NRE account is exempt from tax in India if the individual qualifies as a 'person resident outside India' under the exchange control law or is a person who has been permitted by the Reserve Bank of In...
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Best Stocks To Buy As Markets Begin Earnings Season On A Positive Note So far, earnings have not been as bad as expected. However, the massive increase in coronavirus cases over the weekend threatens to slow down the economy this quarter. Using our AI and deep learning, we have the top buys...
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Coronavirus Fueled Recession: Are We Officially In Recovery Mode? Now that Wall St is beginning to rally, is it safe to say we are officially out of the Coronavirus fueled recession and in recovery mode? Jeff Schulze of ClearBridge Investments analyzes this market environment.
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Help The Economy By Going Outside

Forbes - 13 Jul 2020 18:22
Help The Economy By Going Outside COVID-19 cases are growing fast in large parts of the US.
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The Market Just Had Some Weirdly Bullish Deja-Vu Markets on Friday did an eerie repeat of one of the most important days of the recovery yet.
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Top Stocks To Short As Nasdaq Sets New Intraday Record Markets took off this morning following more good news regarding coronavirus vaccines. Less-than-good earnings are expected for corporations, but it doesn't seem that way when looking at the major three indices. Our AI, ...
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JP Morgan, Wells Fargo, And Citigroup Lining Up To Kick Off Earnings Season There are some people almost everyone in the market stops and listens to--for instance, Warren Buffett (the so-called "Oracle of Omaha.") Then of course there's Fed Chairman Jerome Powell. Another one? Jamie Dimon, CEO o...
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At Disney, Masks Are Required but Ears Are Optional

Wall Street Journal - 13 Jul 2020 17:59
Covid-19 presents a marketing opportunity for Disney as the Magic Kingdom officially reopened on Saturday, but at least one Etsy entrepreneur filled a niche the media giant missed.
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OPEC And Its Allies Are Ready To Boost Production, But Here's Why An Oil Market Recovery Isn't Guaranteed Global demand for oil is slowly coming back, but a spike in new coronavirus cases could kill chances for a full recovery.
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How to handle job loss before retirement

livemint.com - 13 Jul 2020 17:44
Reconsidering goals and expenses can be key to dealing with a job loss, whether due to a layoff or an extraneous circumstance, for older professionals.A job loss in one's 50s can mean early retirement, but without the be...
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