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Market News

Location American Market News for 29 March 2021
Is Palantir Stock A Buy After 40% Correction? Palantir stock has declined by about 40% from its February highs, currently trading at around $22 per share. The decline is driven in part by the broader sell-off in high growth stocks, mixed December quarter earnings, a...
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ViacomCBS and Discovery stocks fall, as ex-Tiger Asia founder Bill Hwang's firm takes losses.
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What Volkswagen's Big EV Push Means For Tesla Stock? Volkswagen outlined a series of steps to accelerate its transition to electric vehicles, targeting market leadership by 2025, challenging EV bellwether Tesla. VW Group common stock has gained almost 20% since the announc...
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What Is Archegos and How Did It Rattle the Stock Market?

Wall Street Journal - 29 Mar 2021 22:03
Bill Hwang's investment firm had $30 billion in bets on major stocks that unraveled last week.
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Finance Bill amendment lays minimum equity norms to tax big-ticket Ulips Such Ulips will need to meet minimum equity holding caps to be treated on par with equity MFs when it comes to capital gains tax
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How To Get 23% Dividend Growth Every Year

Forbes - 29 Mar 2021 01:20
How To Get 23% Dividend Growth Every Year The surest, safest way for us to double our money in the stock market is to buy the payouts that are growing the fastest.
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Compass' IPO Valuation Is Off The Map

Forbes - 29 Mar 2021 23:54
Compass' IPO Valuation Is Off The Map Compass fails to generate any profits, and with minimal ability to cut costs, it's hard to make a straight-faced argument that the firm can justify a ~$10 billion valuation.
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Supreme Court Weighs Merit of Goldman's Ethics Statements

Wall Street Journal - 29 Mar 2021 23:21
The justices considered whether generic commitments to integrity can be deemed false in the face of alleged conflicts of interest in a case involving Goldman Sachs and bonds tied to bundled mortgages.
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The Internal Revenue Service is again offering relief to individual tax payers, delaying by about a month the deadline for filing and paying 2020 tax returns.
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Key Factors Supporting Magellan Midstream Partners Stock Amid the broader momentum observed in oil stocks, Trefis believes that Magellan Midstream Partners (NYSE: MMP) has room for more growth due to relatively flat operating profit margin, negligible property impairments, str...
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Restaurant Brands Stock Has Less Than 10% Upside At the current price of around $65 per share, we believe Restaurant Brands' International stock (NYSE: QSR) has moderate growth potential in the near term.
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Everything We Know About Biden's Massive Infrastructure Plan Coming This Week Including more than $3 trillion in new tax hikes, according to the Washington Post.
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After Veritas Capital and the private-equity arm of Elliott Management Corp. raised its offer to $72 a share, ST Engineering responded by boosting its to $78.
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What's Happening With Williams-Sonoma's Stock? Williams-Sonoma's stock (NYSE: WSM), a furniture retailer, experienced almost a 7% gain over the last week (five trading days) to levels of around $172 currently, on the back of a solid fourth-quarter report.
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Top Stocks To Short Today Amid More Hedge Fund Problems Investors saw some downwards pressure on the indices to kick off Monday. But Q.ai's deep learning algorithms have crunched the numbers to bring you today's top short plays.
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Top Stocks To Buy Today As The Markets Make Moves Amid see-sawing markets, Q.ai's Artificial Intelligence has brought you today's top buys.
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Who Is Archegos Fund Manager Bill Hwang?

Wall Street Journal - 29 Mar 2021 19:39
The billionaire head of Archegos Capital Management is a former protégé of hedge-fund titan Julian Robertson and had paid to settle an insider-trading case in 2012.
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After Strong Rally, Sunrun Stock Could See 20% Pullback Sunrun stock (NASDAQ: RUN) is up more than 3.5x since the beginning of 2020, but at the current price of $53 per share, we believe that Sunrun stock has around 20% potential downside.
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All Work and No Play Could Make Wall Street Less Profitable

Wall Street Journal - 29 Mar 2021 18:56
Complaints about working conditions at investment banks raise some interesting questions about the sustainability of the industry's profit surge.
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How To Destroy An Economy Using Inflation

Forbes - 29 Mar 2021 18:30
How To Destroy An Economy Using Inflation There seemed to be a certain disconnection with reality when President Fernández touted the rapid recovery of the Argentine economy, which had seen some five months of sustained and robust economic growth, according to ...
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What If We're Measuring Inflation All Wrong? There are many signs that inflation is already here, but are we measuring it wrong? The pandemic made millions of Americans take their spending online, where price volatility can be far greater and more rapid.
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All Tech Revolves Around This Disruptor

Forbes - 29 Mar 2021 18:17
All Tech Revolves Around This Disruptor Long before we were typing Google searches into our iPhones, Silicon Valley got its name by creating the world's most important industry: computer chips.
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