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Market News

Location American Market News for 16 July 2021
An 8% return on government bonds? Only a nutty calculation can make it so.
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Binance Pulls Plug on Digital Stocks Amid Regulatory Scrutiny

Wall Street Journal - 16 Jul 2021 19:49
The world's largest cryptocurrency exchange operator said it would stop offering digital tokens tied to stocks like Apple and Tesla after regulators in multiple countries raised concerns.
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America's Spending Recovery Isn't Uniform

Wall Street Journal - 16 Jul 2021 18:09
Retail sales picked back up in June. But just as important as how much money Americans spent is where they spent it.
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AI Identifies Carvana Co Among Today's Top Shorts The Dow, the S&P 500, and the Nasdaq are all in the red after a morning surge. Find opportunities in this market with today's best short plays from Q.ai's deep learning algorithms.
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Akamai Technologies Inc Among Today's Top Buys Markets opened higher in the early session but turned into the negative. Make the most of this market with today's Top Buy's from Q.ai's artificial intelligence.
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Schlumberger Shares Enter Oversold Territory In trading on Friday, shares of Schlumberger entered into oversold territory, changing hands as low as $27.82 per share.
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What's Happening With Plug Power Stock?

Forbes - 16 Jul 2021 17:00
What's Happening With Plug Power Stock? Plug Power, a company that sells hydrogen fuel cell systems that are used in the material handling and power backup space, saw its stock decline by around 12% last week (five trading days), underperforming the broader S&...
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Will Tesla Continue To Rely On Regulatory Credits To Drive Q2 Earnings? Tesla is expected to publish its Q2 2021 results after the markets close on Monday, July 26. The electric vehicle bellwether has already provided delivery figures for the quarter, noting that it sold a record 201,250 veh...
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These Student Loans Are Eligible For Student Loan Cancellation, Court Tells Navient A new court ruling says that private student loans can be discharged in bankruptcy.
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What to buy, how much to invest and when to rebalance: a guide for the crypto-curious
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Virgin Galactic, Aerojet Rocketdyne: How Are Space Stocks Doing? Our Space Stocks Theme has underperformed this year, rising by just about 8% year-to-date, compared to a return of over 17% for the S&P 500. That said, things could look up for these stocks. July is turning out to be an ...
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Twitter's Pulse Rests in Fleet

Wall Street Journal - 16 Jul 2021 16:00
Twitter is working to better the public conversation. But first, it must understand it.
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Retail Sales For June Provide An Early Boost, But Bond Yields Mostly Calling The Shots Bond yields are up a bit this morning but down pretty sharply for the week. This decline seems to be reflected in the stock market, which is closely tracking yields and Fed policy right now. Retail sales for June looked ...
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Lei Jun, chairman of smartphone maker Xiaomi, has given company shares worth more than $2 billion to charity.
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Portillo's Aims to Go Public This Year

Wall Street Journal - 16 Jul 2021 15:23
Hot-dog chain among restaurants looking to enter hot market for new stock offerings
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Here's Why AbbVie Stock Will Likely See Higher Levels We believe that the stock price of AbbVie has more room for growth from its current levels of $117. ABBV stock is up 95% from the levels of around $60 it was at on March 23, 2020, when the broader markets made a bottom. ...
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What's Next For Kansas City Southern Stock After The Recent 6% Fall? The stock price of Kansas City Southern reached an all-time high of $313 in May this year before a larger sell-off in the railroad companies, especially on July 8, 2021, drove the stock price down nearly 15% to its curre...
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Will Hologic Stock Grow Further After A 7% Rise In A Month? The stock price of Hologic, a medical devices company focused on women's health, has seen a 7% rise over the last twenty-one trading days, while it is up just 12% over the last year. Hologic has benefited from an increas...
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Paytm Parent Plans $2.2 Billion IPO in India

Wall Street Journal - 16 Jul 2021 14:04
The fintech giant One97 Communications is backed by Jack Ma's Ant and boasts more than 330 million customers.
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Hedge Funds Short ESG Market Darling

Wall Street Journal - 16 Jul 2021 14:03
Credito Real, which makes payroll loans in Mexico, attracted billions from foreign funds seeking socially conscious investments.
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The vaccine maker will replace Alexion Pharmaceuticals in the broad index, prior to the start of trading on July 21.
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What's Next For Netflix Stock After Its 11% Rally? Netflix stock has increased more than 11% in just the last one month and currently trades at $548 per share. The rally was driven by investors' positive response to reports of Netflix planning to offer video games. Netfl...
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