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Market News

Location American Market News for 4 June 2021
Nearly Half Of U.S. States Will End Federal Unemployment Subsidy This was the most extreme of the Fed's emergency policy moves made last year -- where the Fed intervened via the stock market, buying corporate bond ETFs.
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Pick Boeing Stock Over Northrop Grumman For Near-Term Gains Northrop Grumman stock has recovered to pre-Covid levels, while competitor Boeing's stock remains 30% below its pre-Covid peak. Both companies have a sizable order backlog that can sustain revenues for more than two year...
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Ackman's SPAC Deal to End All SPACs

Wall Street Journal - 4 Jun 2021 17:04
Buying 10% of Universal Music is just the warm-up act in hedge-fund billionaire William Ackman's deal ambitions, but he is over SPACs.
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AMC Boss Adam Aron Basks in Meme-Stock Spotlight

Wall Street Journal - 4 Jun 2021 11:30
More than any executive swept up in the meme-stock trade, the movie-theater chain CEO has come to represent the surrealism and opportunities of modern-day trading.
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PMVVY vs SCSS: Key things that senior citizens must know SCSS vs PMVVY: If a senior citizen is looking for an option that will give regular monthly income, then Pradhan Mantri Vaya Vandana Yojana (PMVVY) can be a good investment option for them, say experts
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Stimulus Checks Prompt Renewed Call For Universal Basic Income Is it time for a "stimulus check" every month?
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If billionaire investor William Ackman's bid for a stake in Universal Music Group goes through, it would mark a high point in the resurgent interest in the music industry from Wall Street.
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Ackman SPAC Mystery Solved, but New Questions Abound

Wall Street Journal - 4 Jun 2021 22:44
William Ackman ended one of the biggest guessing games on Wall Street by unveiling his $40 billion deal with Universal Music Group, but a new one begins as investors puzzle over the transaction and the billionaire's next...
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California And Florida Are Sending Out More Stimulus Checks. Could Your State Be Next? Some states are flush with tax revenue and federal aid money.
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Here's Why the Fed Isn't Frightened by the Jobs Report

Wall Street Journal - 4 Jun 2021 19:09
Jobs are hard to fill and wages are rising, but other factors will persuade the Federal Reserve to hold off on raising interest rates for now.
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The answer to deciding which stocks to keep runs counter to what many investors might expect.
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Biden: It 'Makes Sense' That $300 Unemployment Will End In September Experts have said labor shortages will ease in the fall once the benefit expires and children return to school.
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Pakistan's Public Debt To GDP Remained Broadly Unchanged According To The IMF The State Bank of Pakistan initially predicted a 3% growth in GDP, while the International Monetary Fund and World Bank predicted 2% and 1.5% increases, respectively.
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Gilead Sciences, Inc Among Today's Trending Stocks Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have dug up Gilead Sciences, Inc. among others.
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U.S. Government Bond Yields Slip After Jobs Data

Wall Street Journal - 4 Jun 2021 17:48
A weaker than anticipated monthly jobs report eased fears of a rapid shift away from easy-money policies from the Federal Reserve.
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Blink Charging Co Ranked Among Today's Top Shorts As bond yields fell and stocks ticked up, find opportunities in this market. Q.ai's deep learning algorithms have crunched the numbers to find today's best short plays.
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Amkor Technology Inc Ranked Among Today's Top Buys Bond yields dipped, and the Dow Jones rose 80 points, the S&P 500 jumped 0.4%, and the Nasdaq moved 0.5% higher. Make the most of this market with Q.ai's top buys for the day.
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Student Loan Cancellation Heats Up And Everyone Has An Opinion Will your student loans get cancelled?
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Company Of The Day: Caterpillar

Forbes - 4 Jun 2021 16:30
Company Of The Day: Caterpillar Caterpillar (NYSE:CAT) indicated that it expects a long healthy upcycle in the mining sector, which is a key end market for the company...
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Forecast Of The Day: Lowe's Revenue Per Square Foot Lowe's (NYSE:LOW) Revenue Per Square foot surged from $347 in 2019 to about $431 in 2020. However, Trefis expects the number to decline to about $420 in 2021...
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Portfolio Rebalancing Is a Good Retirement Habit

Wall Street Journal - 4 Jun 2021 16:00
Rebalancing can help retirees produce a stream of income from a diversified portfolio of stocks and bonds, and reduce risk.
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How to Prepare for Student Loans to Resume in September

Wall Street Journal - 4 Jun 2021 16:00
First, figure out what you owe on your student loans. Then map out a strategy.
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