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Market News

Location American Market News for 10 December 2020
U.S. Budget Deficit Jumped 25% In October And November Thanks To Coronavirus Relief Spending Lawmakers have been negotiating another relief packing that would push the deficit even higher, but talks may be faltering.
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Airbnb's IPO Soared Over 100% In It's First Day Trading Airbnb's long awaited IPO finally started trading on Thursday and the stock vaulted over 100% the first day it started trading. Learn more
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Why Every Investor Should Be Watching Bitcoin Bitcoin did in fact trade at an all-time record for a brief moment, but technical analysts like to draw lines with markers instead of pens for a good reason.
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Airbnb Surges 120% In IPO, Valuation Blows Past $100 Billion-More Than Marriott, Hilton And Hyatt Combined "I don't know what to say," CEO Brian Chesky said Thursday morning after hearing whispers of the massive stock surge. "The higher the stock price, the higher the expectations."
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U.K. Allows Banks to Resume Dividend Payments

Wall Street Journal - 10 Dec 2020 20:35
The Bank of England's Prudential Regulation Authority says it isn't necessary to extend precautionary action taken as the pandemic began in March.
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How Your Smartphone Can Fix America's Healthcare Crisis Little-known disruptor Butterfly Networks is turning $8 billion market on its head.
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Top Stocks To Short Today As Market Sentiment Shifts Amid Mixed Indices Stocks traded largely mixed on Thursday and largely reflected the tug of war between goods news and bad news. Time will tell what happens with stocks, but the deep learning algorithms at Q.ai have crunched the data to gi...
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Facebook's Profile Will Change, Win or Lose

Wall Street Journal - 10 Dec 2020 19:54
Investors seem skeptical that the government's lawsuits against Facebook will amount to any material change in the near term. But that doesn't mean Facebook will skate by.
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Top Stocks To Buy Today As Poor Unemployment Data Impacts Trading Disappointing jobless data combined with no stimulus and a pandemic continuing to reach grim records caused markets to trade largely mixed today. For investors looking to make the most of this market, the deep learning a...
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An Ode To FOMO

Forbes - 10 Dec 2020 19:28
An Ode To FOMO You told me to save my money Put it in a pot and watch it like honey But when I opened the pot Relatively speaking there wasn't a whole lot.
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As Stimulus Negotiations Drag On, Pelosi Says Congress 'Cannot Leave' Without Passing A New Aid Bill Lawmakers insist they're making progress, but critical differences remain.
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The UN Makes The Case For The U.S. To Stay Out Of The Paris Climate Accord The UN says the U.S. is the most successful major country at cutting emissions even after leaving the Paris Climate Accord.
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Can Moderna Rise To The Manufacturing Challenge? As we've said before, Moderna's (NASDAQ: MRNA) Covid-19 vaccine is likely to emerge as the most sought after vaccine in developed markets, considering its stellar efficacy rates and relative ease of storage. So how is th...
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Brent Crude Rises Above $50 as Oil's Turnaround Continues

Wall Street Journal - 10 Dec 2020 18:02
Thursday's advance continues a monthslong rebound from oil's April lows around $19 a barrel during global economic shutdowns.
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Cancel Student Loans--4 Other Ways Biden Can Change Student Loans Some other plans for your student loans besides cancelling student loans.
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A December To Remember? Vaccine Approval, Stimulus High On Wall Street's Wish List This morning, all eyes seem to be looking for direction on two fronts. Investors and traders likely are looking for U.S. approval of a vaccine and congressional passage of a stimulus bill.
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Only Two S&P 500 Sectors Have A Rising ROIC Through 3Q20 This report analyzes the drivers of economic earnings [return on invested capital (ROIC), NOPAT margin, invested capital turns, and weighted average cost of capital (WACC)] for the S&P 500 and each of its sectors.
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The Stock Market Is On The Verge Of A Monster Rally Stocks are seeing the biggest inflows in 20 years. And there are four other forces that could launch the stock market into the "monster rally".
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Unemployment Claims Spike Again As Americans Wait For Federal Relief And Covid-19 Spreads Another 853,000 Americans filed new state unemployment claims last week, far more than what economists were expecting.
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Corporate America's Borrowing Binge May Be Ending

Wall Street Journal - 10 Dec 2020 15:30
Wall Street bankers and investors are preparing for a sharp drop in corporate bond sales next year.
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Missed Tesla's 12,551% Rise? Don't Feel So Bad.

Wall Street Journal - 10 Dec 2020 15:18
Investors can't afford regret. Every day brings new opportunities to become very rich, most of which we are bound to miss.
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What A December Stimulus Deal Would Mean For The Markets We may see further PPP spend, enhanced unemployment insurance and possibly more stimulus checks in a December stimulus measure. What are markets looking for?
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