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Market News

Location American Market News for 15 March 2021

Fintech Stripe Scores Blockbuster $95 Billion Valuation

Wall Street Journal - 15 Mar 2021 01:06
The valuation makes payments company Stripe, which raised $600 million from a group of investors, one of the world's most-valuable startups.
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This Laser Battle Has Sparked a Rebellion

Wall Street Journal - 15 Mar 2021 16:05
Plunging stock prices have forced Lumentum and II-VI to boost cash portions of bids for Coherent.
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What's Happening With Velodyne Lidar Stock?

Forbes - 15 Mar 2021 12:30
What's Happening With Velodyne Lidar Stock? Velodyne Lidar, a company that produces lidar sensors that are primarily used in self-driving vehicles, has seen its stock decline by about 40% over the last month. So what's driving the stock lower? Firstly, both the co...
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Blackstone's Hedge-Fund Business to Launch Growth Strategy

Wall Street Journal - 15 Mar 2021 14:00
Blackstone Group has hired Scott Bommer, who previously headed SAB Capital Management before shutting it in 2015 to manage his own money, to launch a new growth strategy for its hedge-fund business.
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PNB is doing an e-auction of properties. Should you buy? In a tweet, PNB said, 'get reasonable prices of residential and commercial property through PNB e-auction being held on 15 March'
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Did You Get A $2,000 Stimulus Check?

Forbes - 15 Mar 2021 01:13
Did You Get A $2,000 Stimulus Check? Stimulus checks are coming this week. Will you get a stimulus check?
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AMC Skyrockets After Chinese Billionaire's Firm Cuts Stake, Ushering In Bullish Reddit Traders The stock added about $1 billion in market value Monday.
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Why Are We So Afraid Of Inflation?

Forbes - 15 Mar 2021 21:52
Why Are We So Afraid Of Inflation? The fear that today's monetary and fiscal policies could trigger runaway inflation is profoundly misguided, as they are not sufficient to unleash 1970s-style price spikes. The Fed is not worried, and neither should you.
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Biden Wants $300 Checks Every Month For Children President Joe Biden wants to send you $300 checks every month if you have children.
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Biden Gears Up For New Tax Hikes To Pay For More Stimulus--Here's What We Know The corporate tax rate and individual income tax rate for high earners could both go up.
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Volkswagen AG's Stock Rising Before Earnings, Will It Continue? Volkswagen AG's stock has risen by 7.1% over the last five trading days. In comparison, the broader S&P500 rose by 4.9% over the last five trading days. The rise was primarily seen after the company announced its first e...
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United Airlines Expects First Positive Cash Flow Month During Pandemic As Travelers Flock Back To The Skies Last quarter, the firm was burning nearly $20 million in cash per day.
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Top Stocks To Short Today As The Major Indices Trade Flat The Dow gained 10 points, the S&P traded flat, and the Nasdaq gained 0.1%. In the meantime, Q.ai's Artificial Intelligence has found you today's best short plays.
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Top Stocks To Buy Today As Reopening Plays Lead Flat Market As the indices trade roughly flat and we look ahead to a big week, Q.ai's Artificial Intelligence has assessed each firm to find you today's top buys.
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The Treasury Bond Market Is Getting Destroyed. Is It Time To Buy? Treasury bond yields surged to a new post-pandemic high last week, extending the bear market that began in August of last year. When will it end?
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Johnson & Johnson Among Trending Stocks For Second Week In A Row It was a strong week for stocks, and we have a big week ahead with a critical Fed meeting on the horizon. Meanwhile, Q.ai's Artificial Intelligence has brought you this week's trending stocks.
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Fixing the Recipe at Danone Will Take Time

Wall Street Journal - 15 Mar 2021 16:37
Activist investors have scored a surprisingly quick win at Danone. Bringing the Paris-listed food company back to full health will be a much lengthier process.
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Until the Labor Department takes such steps, participants' data and assets will remain at risk, the report said.
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National Fuel Gas A Top Ranked SAFE Dividend Stock With 3.6% Yield National Fuel Gas has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.6% yield, as well as a superb track record of at least...
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Not-So Supertankers Deserve a Look as Pandemic Fades

Wall Street Journal - 15 Mar 2021 15:34
Profits of oil tanker owners went from their highest to lowest ever in the course of a year as a historic glut reversed, but the industry's fundamentals are set to improve.
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DoorDash Stock: Don't Buy The Dip

Forbes - 15 Mar 2021 15:30
DoorDash Stock: Don't Buy The Dip DoorDash stock has declined by about 30% over the past month, driven partly by the broader sell-off in technology and high growth stocks. So is this a good time to enter DoorDash stock? We don't think so and believe that...
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China's Economy Soared At The Beginning Of 2021 As Beijing Looks To Wind Down Stimulus The OECD expects China's GDP to grow 7.8% in 2021.
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