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Market News

Location American Market News for 16 April 2021

Morgan Stanley Books Archegos Loss, but Profit Hits New High

Wall Street Journal - 16 Apr 2021 15:24
The bank lost $911 million when Archegos Capital Management imploded last month, tarnishing a record-setting quarter.
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Common tax-minimizing strategies are difficult or impossible to implement on the trading platforms that have boomed in popularity in the past year.
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Here's Why We Think Abbott Stock Will Rise Post Q1 Abbott stock is scheduled to report its Q1 2021 results on Tuesday, April 20. We expect Abbott to report revenues in-line and earnings above the consensus estimates, driven by continued demand for Covid-19 testing, along...
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Netflix Earnings: Another Quarter, Another Subscriber Numbers Game Netflix's (NFLX) subscriber base, which blew past 200 million in blockbuster fashion last year (as we whiled away the lockdown hours in front of the TV) is once again expected to be front-and-center of the streaming gian...
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IBM Stock's Q1 Results To Beat Consensus?

Forbes - 16 Apr 2021 14:30
IBM Stock's Q1 Results To Beat Consensus? IBM is scheduled to report its fiscal Q1 2021 results on Monday, April 19. We expect IBM to beat the consensus estimates for revenues and earnings. The company has reported better than expected earnings figures in each o...
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Choose an insurer with a claim settlement ratio of at least 95% Increasing sum assured plans may automatically increase the sum assured every three to five years, or give an option to increase the sum assured in case of a major life event such as having a child
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The Cannabis Industry Remembers Steve Fox

Forbes - 16 Apr 2021 00:51
The Cannabis Industry Remembers Steve Fox When the history books are written, the name Steve Fox will be among the most recognized as being responsible for ending marijuana prohibition and ushering in the age of legalization.
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You want to invest responsibly. Wall Street smells opportunity. Investors who hope to do good with their dollars are pouring money into ESG funds. Asset managers are eager to give them what they want--for a price.
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BofA Says Chance Of Global Corporate Minimum Tax Hit Is Rising--Thanks To Biden The president wants to crack down on tax avoidance and profit shifting by multinational companies.
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Gold prices are up 6% in the past 15 days; is it the start of another rally? Experts feel as India is hit by the second wave and central banks across the world pump in more money to support economic growth, prices are expected to go atleast in the short-term till things stabilise
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Can Johnson & Johnson Stock Rise Post Q1 Results? Johnson & Johnson stock is scheduled to report its Q1 2021 results on Tuesday, April 20. We expect J&J to report revenues and earnings slightly below the consensus estimates. The pharmaceuticals sales will be driven by m...
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America Is Short of Home Builders as Well as Homes

Wall Street Journal - 16 Apr 2021 17:46
Demand for new homes is surging, but there are far fewer builders in the business than there once were.
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You Want to Invest Responsibly. Wall Street Smells Opportunity.

Wall Street Journal - 16 Apr 2021 17:14
Investors who hope to do good with their dollars are pouring money into ESG funds. Asset managers are eager to give them what they want--for a price.
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Is SpaceX Really Worth $74 Billion?

Forbes - 16 Apr 2021 17:00
Is SpaceX Really Worth $74 Billion? Elon Musk's privately held rocket company SpaceX raised around $1.16 billion via equity funding over the last two months per SEC filings, with the company now reportedly being valued at $74 billion. This compares to a pr...
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Top Stocks To Short Today As The Major Indices Jump To Record Highs The Dow and S&P have both climbed to record highs while the Nasdaq traded roughly flat. Make the most of this market with today's best short plays from Q.ai's deep learning algorithms.
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UP RERA defers physical hearing of complains due to covid-19 UP RERA has been hearing the complaints through virtual mode under the e-courts system in order to maintain the social distancing norms amid the pandemic as directed by the government
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Most Explanations For Thursday's Bizarro Market Are Stocks-Negative Thursday's action in markets was totally crazy.
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Top Stocks To Buy Today Amid Another Winning Week The DOW gained 200 points after crossing the 34,000 level for the first time, and the S&P 500 rose 0.3% to hit yet another record high. In the meantime, Q.ai's deep learning algorithms have crunched the numbers to bring ...
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What's Next For Roche's Stock?

Forbes - 16 Apr 2021 16:00
What's Next For Roche's Stock? Earlier this week, Swiss pharma-giant Roche announced that Regeneron's investigational antibody cocktail - casirivimab and imdevimab - reduced risk of symptomatic Covid-19 infections by 81%. As per the agreement with Reg...
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Should You Buy Uber Stock At $60?

Forbes - 16 Apr 2021 16:00
Should You Buy Uber Stock At $60? Uber stock rose by about 4% over the last week (five trading days), compared to the S&P 500 which has gained just about 1% over the same period. The stock is also up by about 16% year-to-date, compared to the S&P 500 whi...
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The Unexpected Psychological Benefits Of Short-Term Fasting Might fasting be a technique for exercising our capacity for self-determination?
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China's Economy Surged 18.3% In The First Quarter Of 2021 Heavy losses in the first quarter of 2020 pushed growth figures higher.
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