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Market News

Location American Market News for 12 April 2021
98% Of CEOs Say Biden's Corporate Tax Rate Hike Will Hurt Their Companies, According To Survey Biden has said he is "willing to negotiate" a smaller increase.
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Are Hedge Funds Predicting A Stock Market Crash? For the last few days, we do not see much volume in the market, and this is something that traders are paying close attention to.
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Jack Ma's Ant Group Bows to Beijing With Company Overhaul

Wall Street Journal - 12 Apr 2021 14:23
Ant Group, the financial-technology giant controlled by billionaire Jack Ma, will apply to become a financial holding company overseen by China's central bank.
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St. Louis Fed President Says Central Bank Could Discuss Tightening Policy With 75% Of People Vaccinated 22.3% of the population was fully vaccinated as of April 12, according to the CDC.
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U.K. to Examine Former Prime Minister Cameron's Greensill Role

Wall Street Journal - 12 Apr 2021 21:50
The U.K. announced an independent review into contracts it handed Greensill Capital and the role former Prime Minister David Cameron played in lobbying on the financing company's behalf just months before its collapse.
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Despite Record 1Q Results, Coinbase's Valuation Remains Ridiculous Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion.
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AMC Stock Plummets After Chinese Billionaire's Firm Sells $220 Million Stake Despite the Monday plunge, shares of the world's largest movie theater chain are still up 330% this year.
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Scrappage policy may lower your car insurance premium The policy, which the govt has been mulling since '16, is necessitated by the fact that older vehicles cause more emissions
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How to prepare financially for 2nd covid wave

livemint.com - 12 Apr 2021 20:17
How to prepare financially for 2nd covid wave The second wave of the covid-19 crisis has hit India in more ways than one. Equity markets are starting to take notice, displaying volatility reminiscent of the first wave in March-April 2020. Mint explains how you can b...
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Proposal: Student Loan Cancellation For These Borrowers, Even If They Don't Meet Any Requirements Should these student loans get cancelled?
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Student Loan Cancellation On Pause Doesn't Mean Biden Broke Campaign Promise Will your student loans get cancelled?
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Here's Why The White House Isn't Worried About Inflation Some are sounding the alarm that President Biden's multitrillion-dollar spending plans will overheat the economy.
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Microsoft's Shopping Spree Isn't Landing Bargains

Wall Street Journal - 12 Apr 2021 18:13
The acquisition of Nuance Communications adds to AI capabilities but represents a high price for a struggling business.
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Top Stocks To Buy Today After Major Indices Slip From Highs After kicking off the month in the green, the markets are slowing down. With earnings season and much-anticipated inflation data coming up, the Dow Jones, S&P 500, and Nasdaq all took a dip. Q.ai is here to help you find...
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Why Startups Are Increasingly Prioritizing Corporate Governance As Their Businesses Scale Strong corporate governance practices foster a company culture built on high standards of integrity, accountability, transparency, fairness, and responsibility.
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Here's The 'Early Warning Sign' Morgan Stanley Worries About As Stocks Hit Record Highs Stocks that should be outperforming the market are starting to lag--a sign the economic recovery could be "more difficult than we're dreaming about," Morgan Stanley says.
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Chip Shortage Is Bad for GM but Worse for Car Buyers

Wall Street Journal - 12 Apr 2021 15:28
The shortage of semiconductors is worsening, but might need to drag out indefinitely to have a more noticeable impact on auto stocks.
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On The Cusp: Week Starts Near Record Highs Two Days Ahead Of Earnings Season We're sitting on the edge of a major new period for the market, where investors finally get a chance to see if Q1 earnings matched up with what appeared to be a rapidly improving fundamental picture in the economy. Big b...
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Once Pandemic Ends, Do We Really Want To Go Back To City Office Life? Accenture asks thousands of people around the world: are you ready to go back to your office in the city?
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Chevron Named 'Top Dividend Stock Of The Dow' At Dividend Channel With 5.0% Yield For example, the recent CVX share price of $102.92 represents a price-to-book ratio of 1.5 and an annual dividend yield of 5.0%
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Alibaba, Nuance, Microsoft: What to Watch When the Market Opens

Wall Street Journal - 12 Apr 2021 13:44
S&P 500 futures point to the market opening below last week's record highs
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ETFs Could Rock the Bitcoin World

Wall Street Journal - 12 Apr 2021 13:30
The potential arrival of low-cost bitcoin vehicles is already being felt in the market, and could represent competition to wallet providers for some mainstream investors.
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