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Market News

Location American Market News for 6 January 2021

U.S. Weighs Adding Alibaba, Tencent to China Stock Ban

Wall Street Journal - 6 Jan 2021 21:47
Government officials have held conversations on expanding a blacklist of companies that are prohibited to U.S. investments because of claimed ties to China's military and security services.
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35% Upside Likely For Nektar Therapeutics?

Forbes - 6 Jan 2021 15:00
35% Upside Likely For Nektar Therapeutics? We believe that Nektar Therapeutics stock, a biopharmaceutical company focused on discovering and developing medicines in areas that include cancer, autoimmune disease, and chronic pain, is a good buying opportunity at t...
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What the Georgia Election Means for Markets

Wall Street Journal - 6 Jan 2021 19:30
The politics of reflation matters most for investors, but the long-term impact of elections is often quite different than it appears the day after the vote.
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U.S. tech-stock futures tumbled as investors bet the Democrats were poised to take control of the Senate.
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NYSE Takes Heat After Flip-Flop on Chinese Companies

Wall Street Journal - 6 Jan 2021 01:57
Some investors felt whiplash from the moves; the three telecom stocks--China Mobile, China Telecom and China Unicom (Hong Kong)--have gone on a wild ride.
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Democrats Win The Senate: The Impact On Marijuana Policy We now know that in 2021 we will have unified Democratic control of the White House and Congress for the first time since 2008. What will this mean for cannabis policy?
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As Trump Supporters Storm Capitol, Dow Rallies 400 Points To Close At All-Time High Big tech names like Facebook, Microsoft and Apple all took a hit as the prospects of a Democratic sweep increase.
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Democrats Eye Senate Control--Here's How They Could Roll Back Trump's 'Midnight' Regulations Democrats could undo Trump's last minute rules on showerheads, migrating birds, Arctic drilling, and more.
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The Best REIT Dividends For A 2021 Rebound

Forbes - 6 Jan 2021 21:15
The Best REIT Dividends For A 2021 Rebound Is it time to buy these generous dividend payers and bet on a 2021 rebound?
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What To Expect From Bed Bath & Beyond's Stock in Q3? Bed Bath & Beyond is scheduled to report its fiscal third-quarter results on Thursday, January 7th. We expect the home goods retailer to likely beat the revenue expectations but fall behind the earnings estimates in Q3. ...
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With Democrats Poised To Take Senate, Schumer Aims To Pass $2,000 Stimulus Checks First McConnell has refused to let the Republican-led Senate vote on the larger payments.
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Forget Uber, Zoom Might Be the Real Threat to Car Sales

Wall Street Journal - 6 Jan 2021 11:43
So far, the car industry has emerged from the pandemic with just a few dents, but the longer-term impact could be uglier.
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Should You Buy This Soaring Former FTSE 100 Stock In January? This UK share has risen almost 50% in value during the past two months. Here's why I plan to continue avoiding the ex-FTSE 100 stalwart like the plague.
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Will A New Year Bring Improved Economic Data? December capped a great quarter and year for the markets. Commonwealth CIO Brad McMillan looks ahead to diminishing medical and political risks in January.
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Goldman Sachs Nears a Share-Price Record

Wall Street Journal - 6 Jan 2021 16:55
The stock's climb is a sign of how much the bank has profited from the financial chaos of the past year.
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'Violent Tech Selling': Here Are The Stocks Tanking-And Surging-As Democrats Eye Full Control Big tech names like Facebook, Microsoft and Apple are all taking a hit as the prospects of a Democratic sweep increase.
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Farm Bankruptcies Drop Thanks To Federal Aid, But Falling Cash Receipts And Elevated Debt Portend Trouble Ahead Declining farm cash receipts and high debt levels have many worried that Chapter 12 family farm bankruptcy filings will resume their upward tack once government aid programs are rolled back.
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After A 50% Jump In 2020, Are Further Gains Ahead For Samsung Stock? Samsung Electronics had a solid 2020, with its stock price rising by more than 50% over the year to levels of around $1850 per share. Although the company's flagship smartphone business faced some headwinds, this was mor...
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Nail-Biting Race In Georgia Lifts Yields, Softens Tech As Democrats Take Lead The day begins with milestones for crude (above $50 a barrel) and 10-year yields (above 1%). Volatility has been up and down overnight as investors await final word on Georgia Senate results, and the Nasdaq is starting t...
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Why 2021 Will Be The Year Self-Driving Cars Go Mainstream Today, I'm going to reveal three ways to profit off the self-driving car megatrend, which is gaining momentum.
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Investors Learn to Love Unified Government

Wall Street Journal - 6 Jan 2021 16:05
Wednesday's market reaction following early results from Georgia's runoff elections shows that partisan division in Washington is no longer good for stocks.
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What's Happening With Snowflake Stock?

Forbes - 6 Jan 2021 16:00
What's Happening With Snowflake Stock? Cloud-based data warehousing company Snowflake saw its stock decline by almost 30% over the last month. While not much really changed on the ground for Snowflake, which is on track to more than double revenues this fisca...
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