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Market News

Location American Market News for 2 August 2021
This Hidden Clue Suggests Biden Won't Extend Student Loan Relief Student loan relief expires September 30, 2021.
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This Stock Has A 8.89% Yield And Sells For Less Than Book For example, the recent PSEC share price of $8.10 represents a price-to-book ratio of 0.9 and an annual dividend yield of 8.89% -- by comparison, the average stock in Dividend Channel's coverage universe yields 3.2% and ...
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SBI launches new feature in Yono, Yono Lite app. Benefits and other details here The new feature in SBI Yono and SBI Yono Lite app will protect customers from various digital frauds
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Where Are Bitcoin Prices Headed After Their Latest Pullback? Bitcoin prices fell below $39,000 today, declining more than 8% from yesterday's recent high. Where will the cryptocurrency go next? Several technical analysts offered their input.
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Equity investments may not be the solution for all your financial goals If you invest in equity for short-term goals, you take a great risk and the risk-reward ratio may not be favourable
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Returns on my investments

livemint.com - 2 Aug 2021 20:54
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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The Wall Street firm is increasing base pay for its entry-level employees--first-year analysts--to $110,000, a nearly 30% increase from the previous starting salary
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Three investment options for senior citizens to beat inflation Inflation is one of the biggest risks investors face, as it reduces the purchasing power of money
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PAN turns inoperative till Aadhaar is linked

livemint.com - 2 Aug 2021 20:30
PAN turns inoperative till Aadhaar is linked As per Section 139AA of the Income Tax Act, 1961, every person who has been allotted a PAN, and who is eligible to an obtain Aadhaar number, is required to intimate his Aadhaar number to the income tax authorities
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Under Armour Stock To Trade Higher Post Q2 Release? We expect Under Armour stock to trade higher post-fiscal Q2 2021 results with revenues likely coming in line and earnings beating consensus.
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Ferrari Is Stuck in Neutral

Wall Street Journal - 2 Aug 2021 19:31
The Italian sports car maker can afford to take the long view with its transition to less-polluting powertrain technologies. But investors will need to be patient too.
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Invesco QQQ Trust Among Top ETFs For August ETFs are a great option to diversify your portfolio and hedge against risks while still keeping some upside potential. Q.ai's deep learning algorithms are here to help with this month's Top Buys.
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What is making floating rate funds  so popular?

livemint.com - 2 Aug 2021 19:20
What is making floating rate funds  so popular? Floating rate funds have seen huge inflows in recent months as investors expect interest rates to rise. This is because floating rate funds benefit from rising interest rates unlike other debt mutual fund categories. Min...
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Honda Motor's Stock Trading Higher Before Q1 Earnings According to the Trefis Machine Learning Engine, which identifies trends in a company's stock price using multiple years of historical stock data, returns for HMC's stock average around 0.5% in the next one-month (twenty...
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Strong Opening Move: New Month To Feature Jobs Report, Slew Of Earnings Although stocks teetered last week, July marked the 6th consecutive month of gains. Might August be the 7th? Need to get through a slew of earnings and economic reports, including Friday's jobs data.
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7% Gains Left For Walmart's Stock?

Forbes - 2 Aug 2021 16:00
7% Gains Left For Walmart's Stock? Walmart booked an amazing fiscal year 2021 (year ended Jan 2021) that saw incremental year-over-year (y-o-y) revenues of $40 billion and 11% growth in adjusted earnings per share.
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Heineken's Usual Advantage Will Slow Its Recovery

Wall Street Journal - 2 Aug 2021 15:48
A big business in developing countries is normally a reason to buy Heineken's shares. For now, though, slow vaccination rollouts have taken the fizz out of some of the world's most promising beer markets.
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At $29 Billion, Square Overpays For Afterpay Square is paying 30% of its market value for a cash burning company that will add a mere 4% to its revenue. Why is Square stock up 8% in early trade?
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Uber And Lyft Race To Raise Hood On Driver Shortages, Alternative Revenue Sources As people have become more comfortable leaving their homes again, major global economies and their industries are riding gains on the path to a return to normal.
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Big Apple Takes Bite Out of Food Delivery

Wall Street Journal - 2 Aug 2021 15:18
New bills passed in New York City could curb some appeal of companies such as Grubhub, DoorDash and Uber Eats.
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H&R Block's Cash Flow Increases The Safety Of Its Dividend Yield Get a look at one of the stocks in this month's portfolio.
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Lululemon's Stock Gained 10%, Room For More? Lululemon's stock (NASDAQ: LULU), a company designing and selling athletic and casual apparel, has increased 10% over the last twenty-one trading days (one month) and currently stands at around $403.
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