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Market News

Location American Market News for 5 April 2021

Sports Stars Think They Got Game in SPAC Arena

Wall Street Journal - 5 Apr 2021 13:30
Blank-check companies are a new favorite pastime for current or retired pro athletes such as Shaquille O'Neal, but investors shouldn't necessarily spring for courtside tickets.
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The investment, in the form of convertible debt, is set to be announced Monday.
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Stocks This Week: Buy Industrial Select Sector SPDR Fund (XLI) Here is an ETF to hold in this strong week.
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SoftBank Nears Deal to Take 40% Stake in Norway's AutoStore

Wall Street Journal - 5 Apr 2021 22:53
The parties are discussing a deal that would value the warehouse-automation company at nearly $8 billion including debt.
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Archegos Saga Not So Tragic for Wall Street's Big Brokers

Wall Street Journal - 5 Apr 2021 21:08
The Archegos episode may ultimately serve as a reminder that, on Wall Street, tragedy for some can sometimes be followed by opportunity for others.
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Biden's Infrastructure Plan May Slow Economy Down, Moody's Says--But Not For Long Infrastructure spending takes time to ramp up, but new corporate taxes don't.
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Elon Musk's Fortune Jumps Over $5 Billion After Tesla's Quarterly Vehicle Deliveries Top Expectations Tesla reported that it had delivered nearly 185,000 vehicles in the first quarter of 2021, a new record for the high-flying electric vehicle-maker.
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'Godzilla vs. Kong' Should Give Theaters Some Muscle

Wall Street Journal - 5 Apr 2021 19:26
Strong box-office results despite streaming availability could help movie-theater chains as they negotiate recovery deals.
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Is now a good time to purchase a house?

livemint.com - 5 Apr 2021 19:21
Is now a good time to purchase a house? Many factors are at play in the housing market. Interest rates appear to have reached a turning point with State Bank of India raising its minimum home loan rate from 6.70% to 6.95%, while house prices remain stagnant, a...
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Top Stocks To Short Today As Big Jobs Report Propels Market How long can the good times roll? If you're looking for a way to hedge, the deep learning algorithms at Q.ai have crunched the data to give you today's Top Shorts.
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JD.com To Carve-Out Its Logistics Business Via IPO The Company has submitted a spin-off proposal to the Hong Kong Stock Exchange under PN15, and the Hong Kong Stock Exchange has confi rmed that the Company may proceed with the Proposed Spin-off.
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Top Stocks To Buy Today As Investors Kick Off April In The Green On the first day of Q2, it looks like investors are buying up a storm. And Q.ai's deep learning algorithms have brought you today's top buys.
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Buy Tesla

Forbes - 5 Apr 2021 18:29
Buy Tesla Buy Tesla now.
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Delayed Reaction: Three Days After Blowout Jobs Report, Stocks Enjoy Tailwind The good feelings persist today, three days after a great jobs report. It was very good to see hospitality jobs come back, because that reflects people out and about and spending. It could help smooth the bifurcation bet...
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Netflix And Facebook Among Trending Stocks This Week Investors are largely confident kicking off this week following an impressive job report, a $2 trillion infrastructure bill, and vaccine optimism. Q.ai's Artificial Intelligence has brought you this week's top stocks to ...
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How Are Plant-Based Meat Stocks Doing This Year? Our theme of Plant-Based Meat Stocks, which includes companies that produce plant-based meat and related vegan ingredients, has returned about 8% this year, outperforming the S&P 500 which is up by about 6% over the same...
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Despite A 2X Rise Over The Last Year Abbott Stock Still Looks Attractive At $120 Abbott Labs looks attractive at current levels of $120, despite the stock rising 2x from levels of $62 it was at on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. This marks an outperfo...
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Will Haemonetics Stock Rebound After The Recent Drop? Haemonetics stock, best known for its blood and plasma supplies and services, has fallen by 3.5% in the last week, while it is down 7% over the last ten days. HAE stock has been on a decline since it reported its fiscal ...
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What's Happening With Johnson & Johnson's Covid-19 Vaccine Rollout? Johnson & Johnson began the rollout of its single-dose Covid-19 shot in the U.S. in early March. Here are some of the recent developments relating to the vaccine. While Johnson & Johnson beat its March delivery target fo...
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Dow Jumps 300 Points: Stocks Surge To Record Highs As Tesla Adds $40 Billion In Market Value Investors are still plowing into stocks that should benefit from President Joe Biden's $2 trillion infrastructure plan.
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Yellen Will Push For Global Minimum Tax Rate Amid Biden Infrastructure Blitz, According To Report The Treasury Secretary will argue that the tax creates "a more level playing field."
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T-Mobile Stock To Give Double-Digit Returns To Patient Investors - Here's Why T-Mobile U.S. stock saw a 9% increase in the last six months (126 trading days) and it now trades at $125 per share. This healthy rally was driven by expectations of faster growth in subscribers and revenue after the com...
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