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Market News

Location American Market News for 11 March 2021
GameStop - The Second Surge: Anatomy Of A The "Gamma swarm" phenomenon looks like something to be reckoned with, a new trading strategy that may require many other market participants - short sellers, regulators, market makers, clearinghouses, certain hedge fund...
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Stock Pickers Trailed Market Again in Roller Coaster 2020

Wall Street Journal - 11 Mar 2021 14:00
In 2020, 60% of U.S. large-cap stock-picking funds lagged behind the benchmark S&P 500, according to new data from S&P Dow Jones Indices, marking stock pickers' 11th straight year of underperformance.
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Fox Stock Rallied 6% Last Week - What Should You Know? Fox Corp stock rallied over 6% in the last five trading days and has outperformed the S&P 500 which has remained flat during this period. FOX now trades at $38. The recent rally was led by overall positive sentiment over...
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The Real Rally to Watch Isn't in Stocks

Wall Street Journal - 11 Mar 2021 12:22
The global real-estate market is booming in a way that was confined to a handful of countries after the financial crisis. Economies will become more sensitive to house prices.
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A global pandemic didn't stop ardent Funko collectors from stocking up on miniature models of their favorite characters from pop culture.
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AMC Finds the Right Price with WarnerMedia

Wall Street Journal - 11 Mar 2021 21:33
The theater giant's deal with the studio may include a break in the fees AMC pays to rent films.
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It's Official: Biden Signs $1.9 Trillion Relief Bill Clearing The Way For $1,400 Stimulus Checks Some eligible Americans can expect money in their bank accounts as soon as early as this weekend, the White House said.
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Coupang Shares Rise 70% in Debut

Wall Street Journal - 11 Mar 2021 20:43
Softbank-backed e-commerce giant's IPO is the largest from a foreign company since Alibaba Group Holding's blockbuster 2014 debut.
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Ghislaine Maxwell to Sell London Home to Pay Legal Fees

Wall Street Journal - 11 Mar 2021 20:39
The Epstein confidante has a buyer for her house near Hyde Park though the sale ran into complications with her bank.
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China's Baidu Aims to Raise $3 Billion in Hong Kong Share Sale

Wall Street Journal - 11 Mar 2021 19:55
The operator of China's largest search engine intends to sell 95 million new shares, planning to list on the Hong Kong stock exchange on March 23.
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California Says Car Insurers Overcharged During the Pandemic

Wall Street Journal - 11 Mar 2021 19:30
The state gave auto-insurance companies until April 30 to detail plans for returning premiums to California policyholders that the department contends were over-collected in 2020.
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Compass Listing Is Worth a Tour

Wall Street Journal - 11 Mar 2021 19:30
The real-estate brokerage platform, which promotes itself around exclusivity, is about to open its house to public investors.
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Top Stocks To Short Today As Nasdaq Pops Again Just as quickly as Nasdaq NDAQ hit correction territory twice in the last week, it saw sharp gains. Meanwhile, Q.ai's deep learning algorithms have brought you today's top shorts.
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Interest Rates Are Rising: Time To Run From Muni Bonds? Does a rising 10-year Treasury yield mean we should move on from municipal bonds?
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Stimulus Checks Are Coming Soon, But Student Loan Cancellation May Take Longer Than You Think Student loan cancellation may take longer than you think. Here's what could happen next.
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U.K. Fund Manager Crispin Odey Acquitted of Indecent Assault

Wall Street Journal - 11 Mar 2021 18:01
A judge acquitted hedge-fund manager Crispin Odey, one of the U.K. industry's highest-profile figures, on a charge of assaulting a junior banker more than 20 years ago.
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Nasdaq Leads The Way As Yields Decline Following ECB Decision To Increase Bond Buys A year ago today, the pandemic slammed home for millions of Americans as the professional basketball season got suspended with some games halfway through and others about to tip off.
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Dow Jumps Another 100 Points As $1.9 Trillion Stimulus Plan Continues To Boost Market Though they lagged the market Wednesday, technology stocks are now heading up gains.
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Hidden Impairment Charges In Exxon Mobil's Earnings & Other Findings From The Real Earnings Season Unusual items in the filings of Exxon Mobil (XOM) and several other companies during the first week of The Real Earnings Season.
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Coronavirus Outbreak at Gyms Roils Hong Kong's Finance Industry

Wall Street Journal - 11 Mar 2021 16:04
Large banks, brokerages and asset managers have vacated some offices with employees rushing to get tested for Covid-19.
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Pfizer Covid-19 Vaccine Updates: Will Demand Cool In 2022, Despite Growing Capacity? Pfizer and its German partner BioNTech have indicated that they should have the capacity to produce as many as three billion doses of their Covid-19 vaccine in 2022, subject to demand. For perspective, Pfizer intends to ...
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Inflation Fears Will Settle, But Only If Growth Continues The biggest threat to financial normalization may be swelling government debt and the money printing that is helping monetize it. Could this debt buildup and related deficit spending push inflation and rates significantl...
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