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Market News

Location American Market News for 4 February 2021
Another 779,000 Americans Filed For Unemployment Last Week Jobless claims remain stubbornly high.
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Trading in shares favored by Reddit users was relatively calm for another day.
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Tapestry posted holiday-quarter earnings and sales that topped analysts' estimates, helped by a surge in demand for its handbags in China and online.
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Top Stocks To Short Today As Market Winning Streak Remains Steady Strong earnings are sending the Dow, S&P, and Nasdaq higher. With promising data, Q.ai's Artificial Intelligence has assessed today's top shorts.
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Senate Begins Marathon Stimulus Debate--Here's What You Need To Know About Thursday's 'Vote-A-Rama' Lawmakers are in for a long night before they can move forward on Biden's $1.9 trillion relief bill.
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Best Stocks To Buy This Month Amid See-Sawing Markets The market kicked off the first month of 2021 see-sawing between good news and bad news. For this month, Q.ai's Artificial Intelligence algorithms have identified some standout stocks to consider amidst it all.
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Chobani Eyes 2021 Public Listing

Wall Street Journal - 4 Feb 2021 21:25
The food company that made Greek yogurt mainstream hopes an initial pubic offering could value the company at as much as $7 billion to $10 billion.
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Bull Signal Says Enphase Energy Stock Could Surge to New Record The shares of alternative energy concern Enphase Energy (ENPH) are down 1.1% to trade at $194.18 at last check, despite earlier announcing the expansion of a partnership with residential contractor Momentum Solar to incl...
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The Swiss bank overlooked red flags for years while a rogue private banker stole from billionaire clients, according to a report by a law firm for Switzerland's financial regulator.
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Long-Term Care Insurance: First, You Should Find an Agent

Wall Street Journal - 4 Feb 2021 20:00
Ask Encore: Also, retirement expert Glenn Ruffenach answers a reader's question on IRA distributions.
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5 Reasons Airline Stocks Could Be A Buy In 2021 From a value investor's perspective, this the airline industry is on sale at a deep discount. Commercial aviation still has some challenging times ahead of it, but I believe the worst is behind us, meaning now may be an ...
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Democrats Push For $50k Student Loan Forgiveness--Here's Where The Resolution Stands Biden's $1.9 trillion stimulus plan is on its way through Congress but does not include student loan cancellation.
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Meme Stocks Crash Again: GameStop Losses Hit $20 Billion In One Week As Reddit-Fueled Mania Subsides GameStop stock is down 30% Thursday, while AMC shares plunge 15%.
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The Case for Replacing Some Bonds With Annuities

Wall Street Journal - 4 Feb 2021 18:00
Unless you die relatively young, income annuities will give you more retirement spending power than bonds, some economists say.
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Chief Executive Michelle Gass said digital sales represented more than 40% of net sales during the period, growing more than 20% year over year.
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Democrats Will Introduce Plan To Cancel $50,000 Of Student Loans Will your student loans get cancelled? It depends who you ask.
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This Is The Most Important Chart You Will Ever See To Understand The Stock Market Stocks took off since last March and growing optimism have enticed some to make their first significant forays into the market in a while. As stocks are near an all-time high, chances are that they will suffer losses soo...
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Stone Point Capital, Insight Partners Agree to Buy CoreLogic

Wall Street Journal - 4 Feb 2021 17:02
CoreLogic agreed to sell itself to two private-equity firms for about $6 billion, a surprising end to an auction of the real-estate data provider that was kicked off by a pair of shareholder activists.
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PayPal Should Have More Growth In-Store

Wall Street Journal - 4 Feb 2021 16:57
After a huge 2020 for digital spending PayPal has momentum in a new realm, in-store payments.
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Dow Jumps 100 Points As Stocks Rise For A Fourth-Straight Day-Here's What Could Go Wrong Though the earnings blowout continues Thursday, new unemployment data shows the labor market is still struggling.
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With Market Valuations High, Investors Take A Breather Ahead Of Friday's Jobs Report After tumultuous days, investors seem to be taking a breather ahead of tomorrow's jobs report. They seem to be weighing reasons to be optimistic against high market valuations.
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Deutsche Bank Had a Good 2020. This Year Will Be Harder.

Wall Street Journal - 4 Feb 2021 16:29
The German bank faces a new problem in 2021: higher investor expectations after it reported steady full-year results.
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