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Market News

Location American Market News for 4 August 2021
Forecast Of The Day: Booking Holdings' Agency Gross Bookings Trefis expects Booking Holdings' Agency Gross Bookings - which are bookings derived from travel-related transactions where the company does not facilitate payments for the services provided - to rise from $24.5 billion i...
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Will The Post Earnings Rally In Tesla Stock Continue? Tesla stock is up by 8% over the last week (five trading days) and currently trades at about $710 per share. The gains follow Tesla's solid Q2 2021 results, which were driven by strong sales of the Model 3 and Model Y ve...
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GM has projected better-than-expected results in the second quarter despite the industrywide impact of the semiconductor shortage.
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How to manage finances while transitioning into startup realm after leaving job? Before you decide to transition into the startup realm, you should do a proper check on your financial status and preferably write a financial plan
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Former Bank of America Traders Found Guilty of Rigging Prices

Wall Street Journal - 4 Aug 2021 23:40
Edward Bases and John Pacilio were convicted of rigging precious-metals prices with a tactic known as spoofing after a criminal trial in Chicago.
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Etsy and other digital retailers have benefited greatly from the Covid-19 pandemic, which pushed consumers to shop online in order to avoid spreading the virus.
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Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.
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Robinhood Billionaire Cofounders' Fortunes Nearly Double In Two Days Amid Stock's Wild Rally The two billionaires behind the stock trading app had a good day Tuesday--and a great day Wednesday.
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Budget airline Frontier says the delta variant is driving down bookings.
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Earnings Preview: What To Expect From Moderna On Thursday Earnings Preview: What To Expect From Moderna On Thursday. Here's What To Expect...
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Earnings Preview: What To Expect From Roku Today Roku Inc. scheduled to report earnings after Wednesday's close. Here is a closer look
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EOG Stock Appears To Have Priced In Its Strong Fundamentals The shares of EOG Resources have observed a 20% correction in the past month as benchmark prices dropped with the easing of production curtailments by OPEC. The company did not slash dividends in the past year as its ass...
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Should You Buy Zynga Stock Ahead Of Its Q2 Results? Our forecast indicates that Zynga's valuation is $14 per share, which is 40% above the current market price of around $10, implying that ZNGA stock is undervalued at its current levels.
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Company Of The Day: Ralph Lauren

Forbes - 4 Aug 2021 18:50
Company Of The Day: Ralph Lauren High-end apparel retailer Ralph Lauren published a better than expected set of Q1 results, with revenue rising by 183% year-over-year to $1.38 billion and adjusted EPS standing at $2.29. Guidance was also strong, with th...
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CVS Stock Will Be Fine Once Vaccines Wear Off

Wall Street Journal - 4 Aug 2021 18:31
Covid-19 vaccines boosted the chain's second-quarter performance, but strong results from its Aetna unit suggest an extended run of good health is in store.
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AI Identifies Amyris Inc Among Today's Top Shorts The Dow Jones fell about 163 points, the S&P 500 dipped 0.4%, and the Nasdaq inched up just a bit. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
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Brightview Holdings Ranked Among Today's Top Buys The Dow Jones dipped about 163 points or 0.5%, the S&P 500 fell 0.4%, and the Nasdaq saw muted gains. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
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SEC 'Looking Closely' At 'Dark Pools'--Here's What They Are And Why Reddit Traders Are Rallying Gensler directed his concerns over market structure to his newfound Twitter following.
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Warner Music Group Corporation Among This Week's Top U.S.-Based Small And Mid-Cap Stocks This week, we're focusing on U.S.-based stocks with capitalizations between $300 million and $2 billion (for small-caps) or $2 billion and $10 billion (for mid-caps). Here's what Q.ai's deep learning algorithms have iden...
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Robinhood Stock Price Jumps as Options Trading Begins

Wall Street Journal - 4 Aug 2021 17:09
The stock nearly doubled Wednesday morning and was halted several times.
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The Boeing Company 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 the Boeing Company among others.
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Nine Risks To The Stock Market Rally

Forbes - 4 Aug 2021 17:00
Nine Risks To The Stock Market Rally With Americans flush with cash, ample liquidity from The Fed, and Congress spending at a record pace, it is hard to bet against the stock market. But markets eventually move in two directions. And while we don't know wha...
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