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Market News

Location American Market News for 12 July 2021

Is U.S. Housing Headed For Another Bust?

Forbes - 12 Jul 2021 15:28
Is U.S. Housing Headed For Another Bust? Some of the fastest rising markets could experience some price retracement, but a sustained decline in housing prices nationally is less of a risk.
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Franklin Templeton Hires Former Calpers Executive for Asia Push

Wall Street Journal - 12 Jul 2021 15:45
Ben Meng, the former investment chief of the nation's largest pension fund, will take the role of Franklin Templeton's Asia-Pacific chairman and executive vice president.
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Will Abbott Stock Continue Its Rally After An 11% Rise In A Month? The stock price of Abbott Laboratories has seen an 11% rise over the last twenty-one trading days, while it is up 27% over the last year. Abbott has benefited from a strong demand for Covid-19 testing, which aided its di...
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Citigroup Stock To Post Mixed Results In Q2

Forbes - 12 Jul 2021 13:30
Citigroup Stock To Post Mixed Results In Q2 Citigroup is scheduled to report its fiscal Q2 2021 results on Wednesday, July 14. We expect Citigroup to report mixed results, with revenues topping the consensus estimates and earnings missing the mark. The bank report...
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Dyal Capital Nears Deal for Minority Stake in Sacramento Kings

Wall Street Journal - 12 Jul 2021 01:39
The proposed deal would give the investment firm a nearly 5% stake in the team at a valuation of $1.5 billion.
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SEC's Actions Against Guggenheim Securities Reassure Whistleblowers The SEC's recent order fining and censuring Guggenheim Securities is an important reminder for Wall Street.
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Flexicap funds help balance risks, returns

livemint.com - 12 Jul 2021 22:30
Flexicap funds help balance risks, returns In a flexicap fund, the fund manager plans portfolio allocation across sectors
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Global income must be reported in returns

livemint.com - 12 Jul 2021 22:11
Global income must be reported in returns NRIs who return to India after spending significant time abroad on a job face difficulties with receiving money from retirement accounts. This may be due to differences in tax policy between countries.
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Dow And S&P 500 Hit New Highs Ahead Of Big Bank Earnings Goldman Sachs and JPMorgan, both of which report earnings Tuesday, led the market's gains.
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Dating-App Investors Should Play the Field

Wall Street Journal - 12 Jul 2021 19:52
Match Group may always shine bright in online dating, but right now Bumble has some appeal.
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Gold Is Catching A Bid On Pandemic And Inflation Fears. Are You Participating? Gold is now flashing a golden cross, meaning the 50-day moving average is trading above the 200-day moving average. In the past, this has been a bullish indicator for gold prices.
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Forecast Of The Day: Average Price Of Ford Vehicles In North America Trefis expects the Average Price of Ford (NYSE:F) Vehicles in North America to increase from around $38,500 in 2020 to about $40,000 by 2022...
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Big Bank Earnings: JP Morgan, Wells Fargo, Goldman Could Give Big Picture Economic View After riding swift tailwinds through Q1, the biggest U.S. banks could face tougher times as Q2 earnings loom.
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IShares MSCI KLD 400 Social Rated Best Among Top US Broad Market Smart Beta ETFs Q.ai's deep learning algorithms have identified several of the top US Broad Market Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-days. Here are the ETFs our AI identified.
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Company Of The Day: Volkswagen

Forbes - 12 Jul 2021 17:30
Company Of The Day: Volkswagen German auto giant Volkswagen (OTCMKTS:VWAGY) indicated that it expects that its H1 operating profit to total about Euro 11 billion ($13 billion), effectively surpassing pre-pandemic levels...
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Wells Fargo & Company Ranked 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 identified Wells Fargo & Company, among others.
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Qualcomm And Applied Materials Among Weekly US Tech Stocks Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This week, our deep-learning algorithms have identified Qualcomm and Applied Materials, among others.
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How to Solve the Mystery of Falling Bond Yields

Wall Street Journal - 12 Jul 2021 17:02
When the Fed signals it will taper bond buying, yields drop. If this sounds counter-intuitive, don't worry: Bond markets are weird.
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SPDR S&P 500 ETF Trust Ranked Among This Week's Top Buy ETFs At the start of Q2 earnings season, expectations are for a sky-high 65% growth over this time last year in the S&P 500. In the meantime, diversify your portfolio to help mitigate risk with this week's Top Buy ETFs.
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Less-Loved Solar Technology Gets Moment in the Sun

Wall Street Journal - 12 Jul 2021 16:49
Heliogen, which is going public through a SPAC merger, addresses a lot of problems that concentrated solar power has had. It will still be hard for the technology to overtake photovoltaic solar.
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AI Identifies Amyris Inc Among Today's Top Shorts Monday markets were slow today, trading flat, as investors eyed the start of Q2 earnings season. Find opportunities with today's Top Shorts from Q.ai's deep learning algorithms.
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Builders Firstsource Ranked Among Today's Top Buys Markets overall were flat to mixed ahead of the start of Q2 earnings season. Make the most of today with the Top Buys from Q.ai's artificial intelligence.
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