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Market News

Location American Market News for 27 August 2021
Plunged 36%, Why Peloton Stock Has Passed Its Peak As more bad news drips out, too bad shareholders can't replace its CEO as easily as regulators got Peloton to recall its treadmills in May.
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How We Trade And Invest Impacts Our Psychology Sounds trading and investment practices lead to optimal mindsets.
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After A 30% Fall Cassava Stock Is Likely To See Lower Levels The stock price of Cassava Sciences, a clinical stage biotechnology company focused on treatment for Alzheimer's disease, has seen a large 31% decline in a single trading session on Aug 25. SAVA stock has had a volatile ...
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Fed Keeps Options Open, but Not Too Open

Wall Street Journal - 27 Aug 2021 18:24
Despite uncertainties, investors should be prepared for a firm commitment to tapering by November.
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Delta's Itchy Flight Attendants Are Grounded

Wall Street Journal - 27 Aug 2021 18:20
A suit seeking damages for allegedly itchy uniforms fails to clear the runway.
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U.S. GDP Growth Could Hit A Speed Bump

Forbes - 27 Aug 2021 18:11
U.S. GDP Growth Could Hit A Speed Bump While the economy has rebounded from last year's recession, there are a number of warning signs for slower growth.
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Is Snowflake Stock A Buy Following Upbeat Q2 Results? Snowflake posted a stronger than expected set of Q2 FY'22 results (FY ends January), with Product revenue rising 103% year-over-year to $254.6 million. Growth was driven by the strong uptake of the company's cloud-based ...
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Treasury Yields Decline After Powell's Remarks

Wall Street Journal - 27 Aug 2021 17:20
The Federal Reserve chairman signaled the central bank could start tapering bond purchases this year.
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S&P 500, Nasdaq Hit Record Highs After Powell Reiterates Fed's Commitment To $120 Billion Monthly Stimulus Despite 'Sharp' Inflation Fed Chair Powell acknowledged inflation has exceeded the central bank's target, but cautioned the labor market remains "turbulent."
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The U.S. Housing Market Is Cooling, But Housing Stocks Are Still Worth Considering Our theme of Housing Stocks which includes the stocks of home builders, building products companies, and home improvement players, continues to outperform rising by about 30% year-to-date, well ahead of the S&P 500 which...
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American Airlines Group Inc Ranked Among Today's Top Shorts As Investors Await The Fed's Talk On Tapering The Dow Jones gained 65 points, while the S&P 500 and Nasdaq each gained 0.2%. Find opportunities in this market with the best short plays from Q.ai's deep learning algorithms.
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Aci Worldwide Inc Ranked Among Today's Top Buys As Investors Anticipate Fed Chair Powell's Speech The Dow Jones gained 65 points, or 0.1%, while the S&P 500 and Nasdaq each gained 0.2%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence
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Salesforce.com Among Today's Trending Stocks As Investors Remain Cautiously Bullish On The Market 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 Salesforce.com among others.
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Is Xpeng Stock A Buy After Its Solid Q2 Report? Xpeng (NYSE: XPEV) published a narrower-than-expected net loss for Q2 2021, driven by soaring electric vehicle sales and rising margins. Vehicle deliveries for the quarter rose 439% year-over-year, and by about 30% seque...
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Will The Rally In Pentair Stock Continue?

Forbes - 27 Aug 2021 15:30
Will The Rally In Pentair Stock Continue? The stock price of Pentair, a water treatment and management company, has seen a rise of over 10% over the last twenty-one trading days, and it is up a solid 72% over the last twelve-month period. The rally in PNR stock ...
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It's Main Event Time: Powell Speech In Focus But Plenty Of Undercurrents As Weekend Nears There's stuff besides interest rates and Afghanistan to watch today. It's worrisome to hear about Southwest (LUV) cutting its flight schedule due to staff shortages and cancellations, and more companies are saying there ...
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Should You Buy UnitedHealth Stock At $420?

Forbes - 27 Aug 2021 15:00
Should You Buy UnitedHealth Stock At $420? We believe that the stock price of UnitedHealth Group has more room for growth from its current levels of $420. UNH stock is up 2.2x from the levels of around $192 it was at on March 23, 2020, when the broader markets ma...
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Earnings reports from a group of technology companies disappointed investors.
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The New Employer Benefit: Matching Emergency Savings

Wall Street Journal - 27 Aug 2021 14:12
The accounts reflects a desire to attract and retain workers and help them better prepare for unexpected expenses.
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Peloton Back to No Pain, No Gain

Wall Street Journal - 27 Aug 2021 14:04
Like a handful of other businesses, the pandemic afforded Peloton certain luxuries that were never going to last.
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Planning On Buying Nvidia Stock? Look At AMD Instead We think that Advanced Micro Devices currently is a better pick compared to Nvidia. AMD stock trades at about 11x trailing revenues, compared to around 25x for Nvidia. Does this gap in AMD's valuation make sense? We don'...
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Is Coca-Cola Stock A Good Investment At $56? Coca-Cola stock, which currently trades close to $56 per share, seems to be a decent investment option at the moment. The stock is still 1% below the levels seen at the beginning of 2020. KO stock traded at $60 in Februa...
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