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Market News

Location American Market News for 7 May 2021
What Drove U.S. Steel Stock Up 15% In A Week? U.S. Steel Corp stock increased over 15% in just the last one week (five trading days). This rally was mainly driven by the overall positive sentiment with respect to the stock. Credit Suisse upgraded the stock to "outpe...
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Is The Stock Market Going To Crash?

Forbes - 7 May 2021 15:22
Is The Stock Market Going To Crash? The U.S. stock market is showing some cracks as the Nasdaq Composite index, the tech-heavy index, has been trading lower for the three consecutive weeks now, and this has raised concerns on Wall Street.
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DraftKings said it has 1.5 million million monthly unique paying customers as of its first quarter, holding on to the gains in made in its fourth quarter.
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Square's Edge Still Comes from Sellers

Wall Street Journal - 7 May 2021 19:47
The financial-technology company's Cash App might be getting a lot of the attention right now, but linking up the app with a growing seller business is a big opportunity.
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More Room For Growth In Hess Corporation Stock? The shares of Hess Corporation (NYSE: HES) have recovered to pre-Covid levels supported by stable benchmark prices and a strong balance sheet. Given the resurgence of coronavirus cases in various countries, OPEC has not ...
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Artificial Intelligence Ranks Moderna And IBM Among Trending Stocks Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our artificial intelligence systems have identified Moderna and IBM among other trending stocks.
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Why The Weak Jobs Report Is Bullish For The Stock Market Why April's Weak Jobs Report is bullish for the stock market. Here's a closer look.
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China's big three telecoms carriers lost their appeals against being kicked off the New York Stock Exchange, and will be delisted to comply with an investment ban introduced by former President Donald Trump.
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What's Next For Illumina Stock After The Recent 7% Drop? Despite a Q1 beat, Illumina has seen its share price decline over the last week (five trading sessions). The only negative from the earnings announcement was the margin contraction. Illumina has been investing more into ...
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Where Is Disney Stock Headed After Its 40% Rally? Walt Disney stock (NYSE: DIS) has registered a formidable rise of 42% in the last six months and currently trades at $182. The recent rally was driven by an impressive performance of its streaming division, gradual lifti...
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Can Dexcom Stock Rebound After The Recent 11% Drop? While there have been rumors of AppleAAPL coming up with a CGM feature in its Apple Watch, the company hasn't confirmed it yet. That said, if Apple does come up with this feature, it will surely take a toll on companies ...
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Philippine Tycoon Enrique Razon's ICTSI Posts 51% Jump In Q1 Profit International Container Terminal Services Inc. (ICTSI) reported a 51 percent jump in net profit for the first quarter ended March 31 as global trade activities recovered from the Covid-19 pandemic.
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Roku's Billionaire Founder Gains $645 Million After Stock Surge The streaming platform's blowout earnings report led to an 11% bump in Anthony Wood's net worth.
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Steady Revenue Growth Could Drive Colgate-Palmolive Stock To $90 Up more than 1.3x from its low in March 2020, at the current price of $81 per share, we believe Colgate-Palmolive stock (NYSE: CL) has further upside potential. The stock has risen from $62 to $81 off its March 2020 low,...
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Here's The Latest On Student Loan Forgiveness Will your student loans get cancelled?
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Are You Invested In America's "It would have to sell every book being sold today to justify its stock price." This ended up becoming one of the most laughable things ever said about Amazon (AMZN). And this line isn't pulled out of some freebie city n...
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Don't Freak Out (Yet) About Jobs

Wall Street Journal - 7 May 2021 17:42
There are many moving parts and explanations for the surprisingly weak employment report for April. Persistent weakness could be cause for real concern.
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Yale Names Alexander Banker as Interim Endowment Head

Wall Street Journal - 7 May 2021 17:28
The move follows the death of David Swensen, the longtime chief of Yale Investments Office who transformed institutional investing.
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Here's Why Tech Stocks Are Rallying After 'Massively Disappointing' Jobs Report The Nasdaq immediately spiked 1.5% after the Labor Department announced that April job creation fell way short of expectations.
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Want to Get Rich Quick? Who Can Stop You?

Wall Street Journal - 7 May 2021 17:06
A good financial adviser can keep you from getting caught up in the moment. A bad one may be hooked by the excitement, too.
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Time To Sell Avis Budget Group Stock?

Forbes - 7 May 2021 17:00
Time To Sell Avis Budget Group Stock? Avis budget group, a car rental industry company, saw its stock rise by 257% since the end of 2018 compared to the S&P500 which has increased by 69% in the same period.
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More Americans Now Double-Stuffed

Wall Street Journal - 7 May 2021 16:35
The popularity of calorie dense takeout foods like pizza, combined with a lack of exercise, has made bulging waistlines a sad reality since the arrival of the pandemic.
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