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Market News

Location American Market News for 8 February 2021

SoftBank's Vision is Clearest When Markets are Rising

Wall Street Journal - 8 Feb 2021 14:56
The tech stock frenzy has lifted many of SoftBank's investments, but a market reversal would hit the company hard.
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The Week Ahead: Bulls Are Charging Despite Bubble Fears The bulls were in charge all week as many traders are expecting more stimulus and improving news on vaccines. The Viper Report's Tom Aspray sees a higher risk profile now than when the advance/decline lines broke out las...
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The Economy: Damaged Labor Markets; An Inflation Head Fake On Friday, February 5, markets were set to rise no matter what the employment data showed. If they beat to the upside, that would validate the reflation/pent-up demand narrative. If they disappointed, well, that would si...
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Stimulus Check Debate Wears On As House Committees Begin Work On Biden's $1.9 Trillion Plan--Here's What To Expect Democrats are hoping to pass the final stimulus bill by mid-March.
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The cryptocurrency was created for laughs, serves no purpose, and is now worth more than Western Union, Under Armour and Xerox Holdings.
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The family of a 20-year-old student who took his own life after believing he racked up big trading losses filed a lawsuit against the company. The suit seeks unspecified damages.
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Bitcoin Has Rallied More Than 50% This Year After Hitting A Fresh High Bitcoin prices have climbed significantly thus far in 2021, rising from less than $29,000 at the start of the year to nearly $45,000 today.
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The move comes amid a recent surge in yields of longer-term government bonds compared with short-term debt as traders bet that government stimulus will accelerate a rebound in economic growth.
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Goldman Sachs: $15 Minimum Wage Is Unlikely Even Though It Would Benefit 30% Of American Workers The investment bank's analysts say a $10 or $11 per hour hike is more likely, if lawmakers can agree to compromise.
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Top Stocks To Short Today As The Bull Run Continues The indices are continuing last week's gains. Amidst the record highs, Q.ai's deep learning algorithms have crunched the numbers to give you today's top shorts.
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Top Stocks To Buy Today As The Markets Hit Intraday Record Highs Make the most of the Dow hitting an intraday record high and the markets continuing to climb. Q.ai's deep learning algorithms have done the math to give you today's top buys.
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Tesla and Bitcoin: What Could Possibly Go Wrong?

Wall Street Journal - 8 Feb 2021 17:20
Elon Musk's bitcoin purchase for Tesla is another warning for investors in the wake of GameStop mania.
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Ready Or Not, Real Estate Industry Undergoing High-Tech Makeover Covid-19 is the agent of change driving advances - and acquisitions - in a sector long-resistant to tech.
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Micro-Bubbles: Sysco And General Motors Are Winners & DoorDash And Tesla Are Losers With analysts warning the S&P 500 is alarmingly high, we're proposing investors focus more on stocks with quality fundamentals.
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Five For Five: Stocks Try To Continue Winning Streak, But Yields, Crude Could Signal Inflation Fears It looks like the probability is rising that something will get done on a new stimulus package, and that might be partly behind the current rally. Still, inflation worries are starting to climb a bit as crude prices rise...
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Obama alumnus Michael Barr is viewed as the leading contender to head the Office of the Comptroller of the Currency, but some progressives favor Mehrsa Baradaran, an Iranian-born law professor.
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Bitcoin Soars To New High After Tesla Says It Invested $1.5 Billion The electric car giant also plans to begin accepting bitcoin as payment "in the near future."
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Citi's $2.5 Billion Bond Issuance Levels Up With Black-Owned Firms Wall Street giant CitiCgroup is exclusively working with four Black-owned investment firms for a strategic $2.5 billion bond issuance. Will this move by the banking giant actually reinforce its commitment to creating rac...
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Recent strong earnings reports and hopes for new stimulus are lifting investors' spirits.
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WordPress VIP Buying Parse.ly

Wall Street Journal - 8 Feb 2021 14:50
Deal would be largest by cost and revenue for WordPress parent company Automattic.
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Can DexCom Stock Gain More After A 10% Rise In Last 5 Days? The stock price of DexCom, best known for its continuous glucose monitoring systems, has risen by 10% over the last five trading days. Earlier in January, the company reported strong preliminary numbers for Q4, with an e...
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Exxon's Well-Timed Hop Onto Carbon-Capture Bandwagon

Wall Street Journal - 8 Feb 2021 14:00
U.S. energy companies are getting into carbon capture in time to help their reputations and their bottom lines.
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