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Market News

Location American Market News for 27 July 2021
Starbucks topped Wall Street's estimates for its fiscal third-quarter earnings and revenue.
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Credit Suisse Expected to Publish Details of Archegos Failures

Wall Street Journal - 27 Jul 2021 23:58
The report could come as soon as Thursday and is likely to focus on the bank's risk management unit, human errors in judgment and unheeded risk in concentrated positions.
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Microsoft beat expectations for earnings and revenue, with Azure cloud revenue growing 51%.
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Apple reported earnings after the bell. Here are the results.
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Apple Posts $81 Billion In Revenue During Best Second Quarter Ever--Shattering Wall Street Expectations Strong iPhone sales despite a global chip shortage helped the world's most valuable company notch a record second quarter.
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Superannuation funds can be moved

livemint.com - 27 Jul 2021 22:35
Superannuation funds can be moved The amount withdrawn at the time of retirement is tax-free, while the annuity income will be taxed in accordance with the slab of the investor
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Tax on your gold and real estate investments

livemint.com - 27 Jul 2021 22:30
Tax on your gold and real estate investments Here is a look at the taxes that apply to short-term and long-term gains from these two asset classes
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Adopted child alone gets property if adoption deed provides for it It is possible to do the registration of the document without the non-signatory's consent
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Retail Direct Gilt accounts add to investors' choice

livemint.com - 27 Jul 2021 22:19
Retail Direct Gilt accounts add to investors' choice An RDG Account brings the G-Sec market within reach, with small lot sizes
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Earnings Preview: What To Expect From Microsoft Today Microsoft Inc. is scheduled to report earnings after Tuesday's close. Here's a closer look.
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Earnings Preview: What To Expect From Apple Today Apple Inc. is scheduled to report earnings after today's close. Here's a closer look.
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Bull Signal Says Buy 3d Systems Stock on the Dip The shares of 3D Systems (DDD) have been taking a breather in recent weeks. However, the printer manufacturer has just pulled back to a historically bullish trendline.
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Will Boeing Stock Observe An Upside Post Earnings? With the travel & tourism industry observing a downtrend due to the fears of another infectious wave, Boeing (NYSE: BA) is likely to observe slow near-term demand for its aircraft. Moreover, the company is yet to restart...
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GE and Raytheon Aren't Yet Flying on All Engines

Wall Street Journal - 27 Jul 2021 18:22
Both conglomerates have reported a surge in airline shop visits in the second quarter, but their aerospace businesses still face many unknowns.
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Which Stock To Pick? Hyatt Or Marathon Oil

Forbes - 27 Jul 2021 18:00
Which Stock To Pick? Hyatt Or Marathon Oil With fears of another infectious wave stalling the economy, all travel and tourism stocks have been observing a downtrend. Moreover, the shares of upstream oil companies also fell after the OPEC+ announced plans to boost...
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U.S.-Listed Chinese Tech Stocks Erase Nearly $150 Billion In Market Value This Week As China Stokes Regulatory Fears Online retailers Alibaba, JD.com and Pinduoduo are among the hardest hit firms.
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What's Next For Vale Stock After Its 28% Rally? Vale stock (NYSE: VALE) has seen an impressive rise of 28% over the last six months and currently trades at $22 per share. The sharp rally was driven by a sharp recovery in global iron ore prices. Iron ore price per ton ...
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Will The Delta Variant Stall Norwegian Cruise Line Stock's Recovery? Based on the Trefis Machine Learning Engine, which analyzes Norwegian stock's historical price movements, the stock has a 67% chance of a rise over the next month, after rising by about 8% over the last five trading days...
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Intel to Move a Little Faster, Break Things

Wall Street Journal - 27 Jul 2021 17:11
The semiconductor giant, which committed to produce the world's best chips within four years, seeks to catch up with rivals with an aggressive, and likely expensive, plan.
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What's Next For HCA Healthcare Stock After A 21% Rise In A Month? The stock price of ​HCA Healthcare has seen a 21% rise over the last twenty-one trading days, while it has doubled over the last year. Much of this 21% rise move in a month, actually came just over the last week, after...
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QuantumScape Stock: What Are The Risks?

Forbes - 27 Jul 2021 16:50
QuantumScape Stock: What Are The Risks? Investors don't really know what to make of QuantumScape (NYSE: QS), a startup that is working on solid-state lithium batteries for electric vehicles. The stock trades at about $22 per share, down by about 83% from its a...
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Will Norfolk Southern Stock Move Higher Following Q2 Results? Norfolk Southern stock (NYSE: NSC) is scheduled to report its Q2 2021 results on Wednesday, July 28. We expect Norfolk Southern to likely post revenue and earnings largely in-line with the street expectations. We believe...
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