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Market News

Location American Market News for 11 May 2021
Does Corporate Earnings Surprise Signal More Upside Ahead? What can corporate earnings tell us about the rest of the year? Commonwealth CIO Brad McMillan sees more upside ahead.
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IRS And Whistleblowers: Change Is Needed To Catch Big-Time Tax Cheats To catch wealthy and corporate tax cheats, the IRS must stop shutting out whistleblowers.
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Mortgage Lender Better to Go Public in SPAC Deal

Wall Street Journal - 11 May 2021 22:46
The digital startup would merge with Aurora Acquisition and raise nearly $800 million in new capital.
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Two financial gifts that every mother needs

livemint.com - 11 May 2021 22:07
Two financial gifts that every mother needs The choice of investment should be left to her. At best, you could guide her on investments
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Dow Plunges Nearly 500 Points In Biggest Drop Since February As 'Worst-Case' Inflation Fears Mount Pressure is building ahead of Wednesday's consumer price index report.
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Daycare vs OPD: decoding treatments under a health policy Compared to daycare treatments, the waiting period for availing OPD benefits is quite less
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EOS Rallies More Than 50% To Reach Highest In Almost 3 Years EOS prices spiked today, rising from roughly $9 to more than $14 in a matter of hours. The digital token reached its highest since June 2018. Where will it go next?
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If the property is ancestral, you could claim a right in it If the property is determined to be ancestral in nature, you are right to assume that you could claim a right in such property
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Chevron Crosses Above 5% Yield Territory

Forbes - 11 May 2021 21:20
Chevron Crosses Above 5% Yield Territory In trading on Tuesday, shares of Chevron were yielding above the 5% mark based on its quarterly dividend (annualized to $5.36), with the stock changing hands as low as $106.28 on the day.
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Employers, Prepare for a Wage Jolt

Wall Street Journal - 11 May 2021 20:04
Businesses must prepare to pay more for staffing in a tightening job market where it is harder to attract pandemic-scarred workers.
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Becton Dickinson To Spin Diabetes Care Unit In 2022 , a leading global medical technology company, announced that its Board of Directors have unanimously authorized management to go ahead with a plan to spinoff the Diabetes Care business into an independent, publicly trad...
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Mortgage Lenders Need to Pump Up the Volume

Wall Street Journal - 11 May 2021 19:26
Key margins for mortgage lenders are dropping. But originators like Rocket and UWM may emerge with bigger slices of the pie in what could still be a solid market.
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The Bull And Bear Case For Coinbase

Forbes - 11 May 2021 19:04
The Bull And Bear Case For Coinbase Given the volatility of cryptocurrencies, it is not surprising that when looking at Coinbase Global (COIN), we see forecasts that suggest the shares could fall in half or triple in price.
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DIS Earnings Ahead Plus News On Subscriber Numbers, Summer Playlist And More Walt Disney's (DIS) "Careers" page has openings for fireworks and special effects designers, suggesting the Magic Kingdom is gearing up to return its showpiece pyrotechnics to its parks, resorts, special events and even ...
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Billionaire Investor Druckenmiller Blasts Fed's 'Radical' Stimulus Policy, Warns It Risks Stock 'Bubble Blowing Up' He also called the Fed's pandemic support "totally inappropriate," now that the economy is recovering.
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Strong Earnings Won't Stop Coinbase's Slump

Forbes - 11 May 2021 18:32
Strong Earnings Won't Stop Coinbase's Slump Coinbase is not likely to fulfill the profit expectations baked into the stock's current valuation due to rising competition in the cryptocurrency trading space.
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Netflix And Moderna Among This Week's Trending Stocks Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. And our deep-learning algorithms have found this week's trending stocks, including Netflix and Moderna.
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Cathie Wood's ARK Wasn't Built for a Flood

Wall Street Journal - 11 May 2021 18:12
ARK Invest hasn't done as well for investors as charts suggest, and it has done so through some concentrated bets.
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5 Signs Biden Won't Enact Student Loan Cancellation Will your student loans get cancelled? It's not looking promising.
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Harley-Davidson And Revlon Among Today's Trending Stocks Harley-Davidson is trending this week after it revealed the spin-off of its electric motorcycle division into its own brand, LiveWire. Learn about today's other trending stocks from Q.ai's deep learning algorithms.
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Artificial Intelligence Identifies Electronic Arts As A Thematic Stock Highlight This Week Check out this week's thematic stock highlights, including Electronic Arts and Quest Diagnostics, courtesy of the Forbes AI Investor platform.
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Tupperware Brands Corp And Redfin Corp Among Today's Top Shorts The Dow fell 340 points, while the S&P 500 dipped 1.1%, and the Nasdaq dropped 1.2%. If you're looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of top s...
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