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Market News

Location American Market News for 23 April 2021
UBS Stock Likely To Deliver Better Than Expected Results In Q1? UBS is scheduled to report its fiscal Q1 2021 results on Tuesday, April 27. We expect UBS to top the consensus estimates for revenues and earnings. The bank has outperformed the consensus estimates in each of the last th...
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Bitcoin Struggles To Recoup Losses After Tumbling Below $50,000 And Losing $97 Billion In 24 Hours Biden's plan to hike capital gains taxes spooked investors.
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38 Democrats Ask Biden To Make More Generous Unemployment Benefits Permanent In His Infrastructure Plan The lawmakers want to expand eligibility, establish automatic triggers and create a federal standard for states to follow.
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Friday Rebound: Early Strength Seen Amid Earnings Avalanche After Tax Fears Bite Market The Intel call was interesting because their CEO predicted that the chip shortage could last another two years. Think about the implications of that for sectors like the auto industry. Chips are used in everything.
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A federal appeals court rejects a proposed class-action lawsuit from investors who accused the brokerage of securities fraud.
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The First Rule Of Money Management: Know Who To Trust Fraud is unfortunately too commonplace, so investors need easy ways to identify who they can and cannot trust in the financial world. Two reliable screens that can help readers avoid financial fraud are the custody test ...
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Oil-Field Services---Lots to Like Beneath the Surface

Wall Street Journal - 23 Apr 2021 19:47
Oil-services companies continue to see discipline from major oil producers and are demanding it of themselves too.
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Kinder Morgan: The Texas' Freeze Winner

Forbes - 23 Apr 2021 19:34
Kinder Morgan: The Texas' Freeze Winner The first big winner from Texas' Great Freeze is now revealed: Kinder Morgan Inc. While extreme conditions hobbled rivals, the company's intrastate gas pipelines and storage network kept running. The result was a $1 bill...
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Amex Needs People to Start Leaving Home Again

Wall Street Journal - 23 Apr 2021 18:23
Corporate travel spending on American Express cards remains depressed, but trends such as younger spenders and a bigger desire for status could help.
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Analogue Dials, Rough Rides to the Rescue in Car Chip Squeeze

Wall Street Journal - 23 Apr 2021 17:40
The global car shortage is forcing buyers and manufacturers to adjust.
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Top Stocks To Buy Today As Markets Look Ahead To Rising Tax Concerns While the major indices ticked up today, the markets appear to be setting up for a losing week ahead. In the meantime, Q.ai's deep learning algorithms have crunched the numbers to find you today's top buys.
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American Express Says Travel, Entertainment Spending Improving

Wall Street Journal - 23 Apr 2021 17:32
The credit-card company is seeing consumer spending start to normalize as Covid-19 vaccinations pick up in the U.S.
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Investors Likely Looking For More Clarity On Tesla's Navigation Of Semiconductor Shortage There's a cloud hanging over automakers these days, and it's made of silicon.
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How to Keep Your Cool When Markets Are Sizzling

Wall Street Journal - 23 Apr 2021 17:05
When everyone around you seems to be getting rich quick, it's hard to control your fear of missing out. But buying assets just because they're hot is a good way to get burned.
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A Panacea Or A Pandora's Box - The Inevitability Of Inflation Inflation pressures will persist as Biden administration will resemble FDR and LBJ
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Rémy Cointreau Sits Pretty in U.S. Drinks Cabinets

Wall Street Journal - 23 Apr 2021 16:12
America's liquor market is on a tear. Companies that own tequila and cognac brands are faring best.
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Pfizer Covid-19 Vaccine Updates: Booster Shots, E.U. Supplies Pfizer and its German partner BioNTech currently produce one of the most sought-after Covid-19 vaccines. Below are some of the recent updates relating to the shot. Firstly, Pfizer CEO Albert Bourla has said that people w...
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The 4% rule that can make your retirement money last long The 4% thumb rule can solve this problem. If you withdraw 4% of your portfolio each year after retirement, the kitty can last you at least 30 years
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Futures are edging up at the end of a choppy week for stocks.
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Can Facebook Continue Its String Of Revenue Growth Reporting Amid Data Tracking Issues? Earnings Ahead As social media giant Facebook prepares to release and discuss Q1 earnings, analysts might be wondering for how long growth can continue to exceed expectations with a data tracking fight brewing with Apple.
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Banks that offer highest interest rate on savings account Some small finance banks offer high interest rates on savings accounts, which is higher than the fixed deposit rates of most banks, subject to certain conditions
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What's Next For Walgreens Stock?

Forbes - 23 Apr 2021 14:30
What's Next For Walgreens Stock? Last month we discussed why Walgreens Boots Alliance stock looked undervalued at $47, given the Covid-19 testing and vaccination at the Walgreens stores. This is expected to boost its top-line growth in the near term. Ea...
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