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Market News

Location American Market News for 9 August 2021
Shares of AMC Entertainment rose after the company posted a narrower-than-expected loss during the second quarter.
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Watch for these firms coming out with their IPOs in the US Instacart (grocery delivery service), Rivian (electric vehicle manufacturer), Grab, Discord and NextDoor (hyperlocal social networking app for neighbours) are a few big-ticket IPOs that investors are eagerly anticipating...
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Pool Company's Stock Is on the Diving Board

Wall Street Journal - 9 Aug 2021 15:03
Low interest rates, the work-from-home wave and the exodus to the Sunbelt have led to a boom in residential swimming-pool construction that the wholesaler is perfectly situated to serve.
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Bitcoin Prices Stall Near $46,000 As Bullish Momentum Builds Bitcoin prices have been trading near $46,000 after breaking through prior resistance. Several market observers weigh in on where the digital currency will likely go next.
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Returns on my investments

livemint.com - 9 Aug 2021 22:32
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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Factor Investing gaining currency, show trends

livemint.com - 9 Aug 2021 22:23
Factor Investing gaining currency, show trends Current global AUM for factor investing has already surpassed $1.2 trillion
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Dividend from Indian firm is taxable in India

livemint.com - 9 Aug 2021 22:10
Dividend from Indian firm is taxable in India Dividend income from equity shares of an Indian company is taxable in India effective FY22
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Should you get a hospital OPD insurance?

livemint.com - 9 Aug 2021 22:05
Should you get a hospital OPD insurance? OPD health insurance cover can help those undergoing treatment that requires frequent visits to the hospital
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The move for a new offer for Kansas City Southern would reignite a takeover battle with Canadian National Railway.
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Company Of The Day: PepsiCo

Forbes - 9 Aug 2021 19:10
Company Of The Day: PepsiCo PepsiCo (NASDAQ:PEP) has seen its stock rally to all-time highs of around $155 per share, up about 50% from the lows of March 2020...
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Forecast Of The Day: IBM's Cloud & Cognitive Solutions Revenue Trefis expects IBM's (NYSE:IBM) Cloud & Cognitive Solutions revenues to rise from around $23.4 billion in 2020 to $23.7 billion in 2021 and around $24 billion in 2022. We estimate that the segment is IBM's most valuable ...
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IAC Keeps Growing After Vimeo Spinoff

Forbes - 9 Aug 2021 18:21
IAC Keeps Growing After Vimeo Spinoff Total revenue increased 25.9% YOY to $829.4 million (-8.0% vs. consensus), driven by broad based growth across all operating segments including ANGI Inc. (12.2%), Dotdash (64.3%), Search (39.8%) and Emerging & Other (15%...
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Oil Giant Aramco Sees Growth Where Others Eye Transition

Wall Street Journal - 9 Aug 2021 18:20
Decarbonization strategies and uncertainty about global demand have tempered most oil-and-gas investment, but the world's largest producer still plans to expand.
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SPDR S&P 500 ETF Trust Among This Week's Top ETFs Q.ai's deep learning algorithms have identified several ETFs to look out for based on their fund flows over the last 90-days, 30-days, and 7-days.
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Blink Charging Co Among Today's Top Shorts

Forbes - 9 Aug 2021 17:46
Blink Charging Co Among Today's Top Shorts The Dow fell 94 points or 0.3%, the S&P 500 lost about 0.2%, and the Nasdaq remained essentially flat. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
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Daily Dividend Report: Hawaiian Electric Industries, Illinois Tool Works, FactSet, First Industrial Realty Trust, Chemed
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Yum Brands Inc Ranked Among Today's Top Buys This week is starting with sharp losses thanks to economic growth concerns from the variant. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
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The deal would boost the sports-betting operator's online-casino-games offering.
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Employees at the unregulated cryptocurrency exchange had said they wanted to be aggressive about trading digital assets, even though their legal status was uncertain.
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Citigroup Reaches First Deal of Jane Fraser's Refresh

Wall Street Journal - 9 Aug 2021 16:22
NAB, one of the four dominant banks in Australia, will pay Citigroup about $184 million for its book of consumer mortgages, credit cards and deposits in the country.
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Facebook Ranked 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 Facebook among others.
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As Crude Slides To 4-Month Lows On Delta, Other Risk Metrics Start To Tick Higher Earnings have remained strong, and some key ones are ahead this week, including Airbnb, Disney, and Baidu. Worries about the Delta variant have the market pressured this morning, with crude leading losses.
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