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Market News

Location American Market News for 20 January 2021

Mountain of Small Loans Looms Over Europe's Pandemic-Hit Banks

Wall Street Journal - 20 Jan 2021 14:58
Banks have outsize exposure to small businesses, the backbone of the continent's economy. If these businesses fail, pain awaits Europe's already-stretched lenders.
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Morgan Stanley Profit Climbs 51%

Wall Street Journal - 20 Jan 2021 14:57
The bank's fourth-quarter profit rose 51% from a year earlier, another big U.S. bank to emerge from a turbulent year in better shape than was expected at the onset of the coronavirus pandemic.
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Procter & Gamble raised its fiscal 2021 forecast for the second consecutive quarter.
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What the Blue Wave Means for Green Goals

Wall Street Journal - 20 Jan 2021 14:03
A Democratic majority in both chambers of Congress, even with narrow margins, could open the door to some potentially transformative clean-energy policies.
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Can Intuitive Surgical Stock Trend Higher After Q4 Release? Intuitive Surgical, a fast growing medical devices company, is scheduled to report its fiscal Q4 2020 results on Thursday, January 21. We expect Intuitive Surgical to likely beat the revenue and earnings expectations, dr...
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Hong Kong Stocks Swell as Market Eats Up Chinese Cash

Wall Street Journal - 20 Jan 2021 13:20
Hong Kong shares have surged to a 20-month high, and trading volumes have hit records, as investors from mainland China have jumped into the market in search of bargains and stocks not available back home.
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BlackRock Files To Add Bitcoin Futures To Funds The price of bitcoin is up more than 20% this year.
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Don't Hold Your Breath For More Big Stimulus Right Away--Here's Why Some Of It Might Be Delayed Romney says he's "not looking for a new program in the immediate future."
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Top Stocks To Short Today As Indices Hit New Records On Inauguration Day The S&P and Nasdaq hit new records on the back of strong earnings from the likes of Netflix and Morgan Stanley, and further optimism from Joe Biden's inauguration. With all of this news, the deep learning algorithms at Q...
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Netflix Market Value Surges $30 Billion After Earnings-Here's How High Analysts Think Shares Will Go "We've gone from a historical bear on Netflix to a card-carrying bull," says one Wall Street expert.
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Buy This Hawaiian Utility Stock For 50% Gains? There could be a sizeable upside to Hawaiian Electric Industries stock post the Covid-19 pandemic. Hawaiian Electric provides electricity to about 95% of the population of the state of Hawaii and also runs a banking subs...
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The company is looking to list in London as early as this summer, capitalizing on the precious metal's long price run to become the largest mining company to float globally in at least five years, according to people fam...
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Why Moderna Stock Is Already Up 25% This Year Moderna stock has rallied by almost 25% since the beginning of this year, currently trading at levels of around $130 per share. There are a couple of developments that are likely driving the gains. Firstly, the company s...
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P&G Has Topped Out for Now

Wall Street Journal - 20 Jan 2021 17:14
The consumer-products giant turned in another great quarter, but a rich valuation and the fact that its shares aren't likely to shine in a pandemic recovery are holding it back.
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Rates Are Rising, Here's What To Buy For Dividend Income The trend toward higher Treasury yields is likely just getting started.
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Etsy Stock Rises 16% In A Week: Will Investors Benefit Further? Etsy's stock jumped almost 16.4% in the last one week and currently trades at $204 per share. The rise was potentially in hopes of a multitrillion-dollar stimulus package once Joe Biden becomes president. Further in a re...
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What's Happening With Lululemon's Stock?

Forbes - 20 Jan 2021 17:00
What's Happening With Lululemon's Stock? Despite an almost 50% rise since the beginning of 2020, at the current price of around $345 per share, we believe Lululemon Athletica's stock still has more to go. The company designs and sells athletic and casual appare...
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Biden Pauses Student Loans For 8 Months--What It Means For Student Loan Cancellation Will your student loans get cancelled?
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Buy Netflix Stock On 2022 Cash Flow Positivity If Netflix can finance audience-grabbing new content without borrowing money, its return to shareholders will soar.
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Here's Why GM Is The Must-Watch Stock Right Now A week ago I tweeted only slightly tongue-in-cheek that GM would be the next frothy FOMO stock trade.
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Does Battery Innovator QuantumScape's Stock Deserve A $20 Billion Valuation? QuantumScape, a startup developing solid-state lithium-ion batteries for electric vehicles, went public last November, after completing a merger with a special purpose acquisition company. The start-up is now valued at a...
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The Good And Bad: Allstate Corp & Avient Corp See two of the featured stocks from this month's model portfolios.
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