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Market News

Location American Market News for 19 July 2021
The company's shares are up nearly 80% over the past year, sealing Nvidia's place as one of the top U.S. semiconductor firms by market value.
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Chicago-based Fast Radius is nearing an agreement to combine with the green-focused SPAC ECP Environmental Growth Opportunities.
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'Base Effects' And 'Bottlenecks' Won't Absolve The Inflation Demons Of 30% Money Supply Growth Both Jay Powell and Janet Yellen publicly promoted the "transitory" case for inflation last week.
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A Monday To Forget: Covid Concerns Come Back, Pushing Reopening Stocks, Crude Sharply Lower Tech stocks were among the few areas that saw a little green Monday, but the "mega-caps" Microsoft (MSFT) and Apple (AAPL) both fell. If momentum is going to change, we might need to see positive movement in those two.
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Time to stay invested in the markets or book some profits? Experts advise on whether it is good to stay invested or to book some profits even as the market rally continues
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Returns on my investments

livemint.com - 19 Jul 2021 22:20
Returns on my investments A person's portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why a portfolio must have an ideal mix of financial products
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Dividend earned by NRIs is taxable in India

livemint.com - 19 Jul 2021 22:11
Dividend earned by NRIs is taxable in India Effective FY21 and onwards, any dividend income from shares of an Indian company is taxable in India. If a shareholder qualifies as a 'non-resident' in India under the India income tax law, the dividend income is taxable...
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Yes, money can buy you time and happiness

livemint.com - 19 Jul 2021 22:05
Yes, money can buy you time and happiness Lifestyle items give short-term happiness. Experiences give long-term happiness
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Stock Market Sell-Off: Dow Plunges 700 Points In Worst Drop Since October As Delta Variant Fears Mount One expert predicts the delta variant could ultimately push the S&P 500 down about 5%.
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Bitcoin Is At A Critical Juncture

Forbes - 19 Jul 2021 21:03
Bitcoin Is At A Critical Juncture Technical patterns indicate that bitcoin is at a crossroads, which shows it should either rally or more likely fall.
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Commodities Were The Top Performers In 1H 2021: Halftime Report Among the commodities we track, West Texas Intermediate (WTI) crude oil was the number one performer, up nearly 52% on higher-than-expected demand and tight supply, while precious metals lagged, with silver down 1% and g...
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Plans for the hedge-fund billionaire's SPAC to buy 10% of the world's biggest record label have fallen through. The bar is high for the next attempt.
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UBS Stock To Beat The Revenues Consensus In Q2? UBS is scheduled to report its fiscal Q2 2021 results on Tuesday, July 20. We expect UBS to edge past the consensus estimates for revenues and earnings. The bank posted lower than expected results in the first quarter of...
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Zoom Really Gets Back to Business

Wall Street Journal - 19 Jul 2021 18:13
The first major acquisition by the videoconferencing star shows its dedication to the enterprise market.
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SPDR NYSE Technology ETF Ranked Among US Tech Smart Beta ETFs Q.ai's deep learning algorithms have identified several of the top US Tech Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-days.
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How Equity Investors Can Profit From Surging U.S. Inflation U.S. inflation figures for the month of June accelerated to the fastest pace since 2008, as the economic recovery following the Covid-19 related lockdowns continues to gather pace. Per the Labor Department, the consumer-...
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Oil Prices Slide on Fears Delta Variant Will Crunch Demand

Wall Street Journal - 19 Jul 2021 17:24
Crude falls alongside stocks and government-bond yields as traders fret about a possible economic slowdown.
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Invesco QQQ Trust Ranked Among This Week's Top Buy ETFs Lower your overall risk by diversifying with this week's Top Buy ETFs from Q.ai's deep learning algorithms.
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OPEC Gives Shale an Opening

Wall Street Journal - 19 Jul 2021 17:02
With less oil-market drama, prices fall again and U.S. producers have an opportunity.
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Why Peloton Stock Is Poised To Recover From The Sell Off Peloton stock has declined by about 10% over the last week (five trading days), compared to the S&P 500 which was up marginally over the same period. The recent decline comes on the back of downgrades by brokerage analys...
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Fluor Corp Ranked Among Today's Top Shorts

Forbes - 19 Jul 2021 16:28
Fluor Corp Ranked Among Today's Top Shorts Markets started off the week right where they left off on Friday, with a sharp pullback at the open. Find opportunities with today's best short plays from Q.ai's artificial intelligence.
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D R Horton Inc Ranked Among Today's Top Buys Markets carried over Friday's red performance this morning by starting off the week dropping between 1 and 1.5% on the open, with the Dow underperforming the most. Make the most of it with the Top Buys from Q.ai's artifi...
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