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Market News

Location American Market News for 20 August 2020
Nvidia's Massive Stock Gains May Be Over Following Quarterly Results Nvidia reported better than expected quarterly results, but that may have already been priced into the stock.
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Florida prosecutors charged Guggenheim Partners's top insurance executive with negligence and reckless driving stemming from his role in a late December boating collision near Fort Lauderdale.
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State Bank of India (SBI) has listed dos and don'ts to keep your mobile from getting hacked.Through a video tweet, SBI has given some measures through fraud can be prevented
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Sam Zell Wants To Disinfect A Workspace Near You Billionaire Sam Zell is among a group of savvy investors backing a small North Carolina biotechnology engineering company that has developed what it believes is a breakthrough product: a disinfectant that kills bacteria ...
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Heat, Drought, Wildfires, And The Hottest Temperature On Earth Since 1913 All In One Spot Free and available to everyone, the United States Drought Monitor is released every Thursday at 8:30 a.m. Eastern Time.
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Tech Stocks Rated Top Buy This Month

Forbes - 20 Aug 2020 23:02
Tech Stocks Rated Top Buy This Month It is no surprise that technology leaders continue to play to the upside, as economic worries have been overshadowed during the pandemic to crown leaders in the space. If you're looking for some Top Buys in the Top Tech ...
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These Recession-Proof Dividends Should Double Soon Target the dividends that are growing the fastest.
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Stocks Finish Higher As Tech Rally Offsets Disappointing Economic Data Tesla surpassed $2,000 per share.
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Nvidia's Switch Hit

Wall Street Journal - 20 Aug 2020 21:27
The three-year-old videogame console is still boosting the chip maker's revenue.
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Buyout Firm EQT's Stock Slumps As Earnings Disappoint

Wall Street Journal - 20 Aug 2020 20:57
Europe's EQT AB's stock sank Thursday as the tough investing climate triggered by the coronavirus pandemic challenges the industry's ability to generate outsize returns.
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Presidential Election Impact On The Markets

Forbes - 20 Aug 2020 20:49
Presidential Election Impact On The Markets We've tried to highlight some of the longer term effects on various industries as a result of the Presidential election in November.
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Wayfair: After 13-Fold Increase, Take Profits Today Wayfair stock is up 13-fold since its March bottom. With growth slowing down in Q3, take your profits now.
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Justice Department's Antitrust Chief Plans Shake Up

Wall Street Journal - 20 Aug 2020 20:08
The Justice Department's top antitrust official is shaking up internal operations, aiming to better coordinate enforcement in the financial sector and ensure that companies stick to commitments they make in legal settlem...
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Unless money reaches new consumers, demand stimulus will not happen
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The government, on the other hand, doesn't need to put money directly in the hands of the borrower. It saves resources and compensates only in cases where the borrower defaults and the chance of a recovery is bleak
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Three ways to put your WFH savings to good use

livemint.com - 20 Aug 2020 19:12
Create or top up your emergency corpus, pay off your debts and use the extra savings to fund your goals
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These Two Companies Are Reportedly Considering A Merger To Become The Biggest Hotel Operator In The World Shares of both Accor and InterContinental Hotels rallied on Thursday.
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Kudlow Promises 'Targeted, Sensible Help' But GOP's Pared-Down Bill Isn't Gaining Traction With Democrats Trump's economic advisor said the Democratic plan is "not going to work at all."
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Economic Recovery Is Hardly in the Bag

Wall Street Journal - 20 Aug 2020 19:07
The stock market might be logging new highs, but the economy isn't close to being out of the woods. Thursday's data make that clear.
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The bank will provide will provide customers with a quarterly report containing portfolio-level information regarding the use of the deposited funds
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Best Stocks To Buy Today As Tech Rally Lifts Markets Investors turned back to the high growth tech stocks, driving the Nasdaq higher while other U.S. equities traded flat. Our deep learning algorithms have used Artificial Intelligence ("AI") technology to identify several ...
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We Have An Economic Eight-Body Problem

Forbes - 20 Aug 2020 18:10
We Have An Economic Eight-Body Problem If you have 3 large objects that have gravitational impact on each other, you can determine where they have been in the past. However, you cannot predict where they will be in the future. In physics, this is called the t...
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