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Market News

Location American Market News for 29 April 2021
The president's $1.8 trillion American Families Plan could save some families money and keep more women in the workforce.
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Amazon released on Thursday its first-quarter results.
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Should Investors Sell In May--Or Sit Tight?

Forbes - 29 Apr 2021 22:40
Should Investors Sell In May--Or Sit Tight? Should investors sell in May and go away? Commonwealth CIO Brad McMillan says not so much.
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Protect yourself from cyber fraud in the time of covid-19 The pandemic has spawned a cottage industry of online scams that prey on the vulnerable
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Opt for a sum assured of at least 10 times your annual income A few insurers offer special plans for senior citizens. Such plans provide coverage for pre-existing conditions with a premium loading
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Regulator's Skin-in-the-game rule is good in spirit, but needs simplification In most AMCs, fund managers already invest a large part of their money in own schemes
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Five Budget-Busting--Or Tax-Raising--Progressive Priorities Biden Left Out Of His American Families Plan Think $1.8 trillion is expensive? That price tag could have been a lot higher.
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5 Weird Stock Market Trends In This Earnings Season The stock market is acting crazy. And that hints at high expectations baked into record stock valuations.
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The negative reaction by investors following Ford's first-quarter results is a mix of things related to the chip problem, including its 2021 guidance.
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What's Driving The Surge In Apple's Margins? Apple posted a strong set of Q2 FY'21 results, with revenue surging almost 54% year-over-year to about $90 billion and earnings per share rising to $1.40, up from around $0.64 last year, driven by higher sales of the iPh...
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Endeavor Shares Rise in Market Debut

Wall Street Journal - 29 Apr 2021 19:28
The entertainment company's shares rose 12.5% in their market debut, capping off a two-year effort to go public.
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Steady Demand Growth Could Push Akamai Stock To $125 Akamai stock has risen from $80 to $111 off its March 2020 bottom, much less than the S&P which increased by more than 80% from its lows.
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Brightening U.S. Prospects Send Government Bond Yields Higher

Wall Street Journal - 29 Apr 2021 18:50
The benchmark 10-year Treasury yield touched its highest intraday level in more than two weeks.
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What's Next For UPS Stock After The Recent 11% Rise? The stock price of United Parcel Service has seen an 11% rise over the last five trading days, after the company announced better than expected Q1 results.
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Will The Gains Continue For Pool Corp's Stock? Pool Corporation stock (NASDAQ: POOL), a wholesale distributor of swimming pool supplies, equipment, and related leisure products, has increased by almost 9% over the last five trading days (one week) and currently stand...
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Top Stocks To Short Today Amid Blowout Earnings From Facebook And Apple As tech giants report blowout earnings, the CDC advises that cruises could start sailing from US ports again, and New York City announces that it'll fully reopen this summer, a lot is moving the markets. Find opportuniti...
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Top Stocks To Buy After Positive Earnings Reports From Facebook And Apple Apple saw sales jump 54% while also announcing it would hike its dividend by 7%. Facebook also saw revenue jump 48% and saw its stock pop 7%. Investors are optimistic amid soaring tech stocks. Make the most of this marke...
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Amazon Earnings: What To Expect From The Tech Giant's Second Biggest Quarter Ever Analysts expect the ecommerce company founded by the world's richest person will post a record-breaking $104.5 billion in first-quarter sales.
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Shares of eBay slumped more than 11% on Thursday morning after the company reported an earnings outlook that fell short of Wall Street's estimates.
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Is Kinross Gold Stock A Good Bet After Dropping 16% In Six Months? Kinross Gold Corp stock (NYSE: KGC) dropped 16% in the last six months (126 trading days) and currently trades at a little over $7 per share. The decline in the stock price was mainly driven by weakness in gold prices. A...
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The Economy Isn't Too Hot for the Fed

Wall Street Journal - 29 Apr 2021 17:24
Investors should take the Federal Reserve at its word that it will stand pat even as the economy is poised to vault past its pre-Covid-19 high.
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Oil's Rebound Greases the Way for Energy Giants' Green Pitch

Wall Street Journal - 29 Apr 2021 17:08
Higher cash flows and payouts are attracting investors back to Shell and BP, giving them much-needed time to better sell their complex transition plans.
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