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Market News

Location American Market News for 4 May 2021
Ether Prices Reached A Fresh High Today--What's Next? Ether prices have rallied sharply this year, breaking through $3,400 today. Where will this highly visible cryptocurrency go next?
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Under Armour reported first-quarter earnings and sales that topped estimates, and the sports apparel maker hiked its sales outlook for the full year.
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This Rail Merger Could Become Quite Expensive

Wall Street Journal - 4 May 2021 13:03
Canadian National's higher bid for Kansas City Southern gives it the upper hand, but exposes it to significant financial risk if approval falls through.
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Lyft showed continued signs of pandemic recovery, beating on the top and bottom lines and exceeding Wall Street's rider expectations for its first quarter.
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The Future Of Work

Forbes - 4 May 2021 22:42
The Future Of Work If it is right for your business to stay 100% virtual or 100% return to in person or to be a blended hybrid model where people come into headquarters or hub locations. Each company has a unique culture and approach to an...
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A checklist to ensure your assets get passed on to the family easily Families don't like to discuss the financial implications if the breadwinner dies; here are some ways to fix that
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Holding too many funds makes it tough to track a portfolio Gold can spend a long time delivering low to no returns and soars when equity markets correct
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The elusive search for goat number 3

livemint.com - 4 May 2021 21:48
The elusive search for goat number 3 If '20 has taught us one thing, it is that no one knows what markets will do in the short run
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Why you can't get 6-7% interest rate on your savings account Many banks that offer higher interest rates on savings accounts follow this tier system
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Three Stocks To Consider Buying In May

Forbes - 4 May 2021 21:15
Three Stocks To Consider Buying In May Despite the fact that financial markets are volatile because of the Covid-19 pandemic, investors can still benefit by making sound investment decisions.
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U.S. LNG Club Could Get More Exclusive

Wall Street Journal - 4 May 2021 21:15
Healthy demand growth should help U.S. LNG exporters such as Cheniere Energy, but supply additions from global giants will make it difficult for new projects to break through.
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Ether Prices Break Through $3,500 To Reach Fresh High Ether prices exceeded $3,500 level the first time today. What was behind this latest milestone?
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A financial adviser offers his suggestions on how they can swing it.
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Here's Who's Winning--And Who's Still Hurting--In The Economic Recovery So Far Unemployment is back to pre-pandemic levels in some states, consumer spending on durables is soaring and Amazon had its best first quarter ever.
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Avis Budget Is Anything but Cheap

Wall Street Journal - 4 May 2021 18:35
Investors are pricing the rental-car company like a long-term luxury.
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Wayfair Enters Oversold Territory

Forbes - 4 May 2021 18:04
Wayfair Enters Oversold Territory In trading on Tuesday, shares of Wayfair entered into oversold territory, hitting an RSI reading of 28.5, after changing hands as low as $268.65 per share.
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The live chat rooms are quicker than message boards and more engaging than prerecorded videos.
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Why AT&T Stock Looks Overvalued At $31?

Forbes - 4 May 2021 17:30
Why AT&T Stock Looks Overvalued At $31? We believe at the current price of $31 per share, AT&T stock (NYSE: T) seems to have surpassed its fair value. AT&TT stock trades at $31 currently and is, in fact, down 20% from the level of $39 seen in the beginning of ...
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What To Expect From Zynga's Q1?

Forbes - 4 May 2021 17:10
What To Expect From Zynga's Q1? Zynga (NASDAQ: ZNGA) is scheduled to report its Q1 2021 results on Wednesday, May 5. We expect the company to likely post revenue and earnings above the consensus estimates, primarily led by continued growth in the compa...
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Will Shopify Stock Rally Further?

Forbes - 4 May 2021 17:00
Will Shopify Stock Rally Further? Shopify stock (NYSE: SHOP) is up by about 9% over the last week (five trading days) outperforming the S&P 500 which is down by about -0.3% over the same period. The recent surge in the stock comes as the e-commerce softw...
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Jamie Dimon on Booming Economy and Finally Getting Off Zoom

Wall Street Journal - 4 May 2021 16:46
JPMorgan Chase Chief Executive Jamie Dimon believes a boom is coming in the American economy but warned that the government could waste it away if ambitious spending plans aren't held accountable.
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Today's Top Shorts As Tech Stocks Tank Amid Market Euphoria Concerns As Apple dropped by more than 2%, as did the major indices. The Dow Jones fell 150 points, the S&P 500 dropped 0.8%, and Nasdaq tanked by more than 1.4%. Find opportunities with today's best short plays from Q.ai's deep ...
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