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Market News

Location American Market News for 6 October 2021
Hidden Value In Logitech, A Work From Home Beneficiary While the market has become skeptical about this firm's ability to sustain its stellar fiscal 2021 results, the firm is well-positioned to continue to profit from growth in gaming and work from home.
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Billionaire Gautam Adani Completes $3.5 Billion Buyout Of Softbank's Renewable Energy Unit In India Adani Green Energy, part of the Gautam Adani-owned Adani group, has completed its deal to acquire SB Energy India for $3.5 billion, the largest acquisition in India's renewable energy sector.
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Five critical reasons to check your credit report regularly Errors from the credit bureau or lender in collating information to prepare your credit reports can affect your rating
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Should You Buy Baxter Stock Around $80?

Forbes - 6 Oct 2021 14:30
Should You Buy Baxter Stock Around $80? We believe that Baxter stock is a good buying opportunity at the present time. BAX stock trades near $81 currently and it is, in fact, down 13% from its pre-Covid high of $93 in February 2020 - just before the coronaviru...
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Can Nordstrom's Stock Rebound After A 10% Fall? Nordstrom's stock (NYSE: JWN), the upscale specialty retailer offering apparel, shoes, cosmetics, and accessories for women, men, and children, declined by 10% in the last five trading days (one week). In comparison, the...
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6 Reasons Stock Picking Is Risky

Forbes - 6 Oct 2021 19:28
6 Reasons Stock Picking Is Risky Regardless of how familiar you are with a company and its performance in the past--or how positive a trajectory you predict for its future--stock picking carries immense risk.
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China's Property Fantasia Turns Nightmarish

Wall Street Journal - 6 Oct 2021 14:09
Fantasia Holdings failed to repay a U.S. dollar bond on Monday, and many more developers that overextended themselves in the boom years could face a similar fate
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This Stock Is Likely A Better Pick Over Walgreens Boots Alliance We think that CVS Health stock currently is a better pick compared to Walgreens Boots Alliance stock, despite Walgreens revenue growing at a faster pace over the last twelve month period. CVS trades at about 0.4x trailin...
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With Iron Ore Prices Tanking, How Is Cleveland-Cliffs' Stock Performing? Cleveland-Cliffs stock has been on a declining trend for more than a month. The stock, which currently trades at $20 per share, has dropped more than 6% in just the last one week compared to a 3% fall in the S&P 500. If ...
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Although many apparel companies have been hit by global supply chain bottlenecks, Levi has fared well comparatively due to its diversified manufacturing.
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Bitcoin Prices Reached Their Highest Since May--Where Will The Crypto Go Next? Bitcoin prices surpassed $55,000 today. Where will the digital currency go next? Technical analysts weigh in.
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Why Traders Should Dig For Goldman Sachs Stock This Month The shares of Goldman Sachs (GS) are up 0.4% at $387.51 this afternoon, staging a recent bounce off the 140-day moving average and $370 region - the latter of which has served as a floor for GS since mid-July.
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Blackstone Mortgage Trust Passes Through 8% Yield Mark In trading on Wednesday, shares of Blackstone Mortgage Trust were yielding above the 8% mark based on its quarterly dividend (annualized to $2.48), with the stock changing hands as low as $30.83 on the day.
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Invest right and double your money in eight yrs

livemint.com - 6 Oct 2021 20:23
Invest right and double your money in eight yrs If invested right, and if the market cooperates during the next eight years, you can more than double your money in this period (assuming a 10-12% annualized returns)
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Cathie Wood to Move Investment Manager ARK to Florida

Wall Street Journal - 6 Oct 2021 20:15
The asset-management firm plans to close its New York headquarters this month and relocate to the Sunshine State.
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Natural Gas Prices Take Wild Ride After Putin Comments

Wall Street Journal - 6 Oct 2021 19:25
The Russian president said the country's gas supplies to Europe are set to reach a record this year.
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Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace U.S. Bank says clients are "getting very serious" about cryptocurrencies, while Bank of America says they're "too big to ignore."
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What Caused Bitcoin Prices To Reach Their Highest Since May? Bitcoin rallied this morning. What fueled these gains? Several analysts offer perspective on this upside.
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Student Loan Forgiveness Gets Major Overhaul, But Here Are 3 Things Missing Here are 3 things missing from student loan forgiveness.
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Despite Near-Term Headwinds, Peloton Stock Looks Like A Buy At $82 Peloton stock has declined by almost 10% over the last week, considerably underperforming the S&P 500 which remains down by about 2.5% over the same period. The stock is also down by about 15% over the last month (about ...
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Small Signs Of Growth In The U.S. Service Sector Could Help Supply Lines European natural gas prices spike 13% overnight feeding inflation fears which has U.S. stock futures pointing to a lower open
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Moderna Stock Dropped 20% Last Week. Is It Worth A Look? Moderna stock (NASDAQ: MRNA) declined by about 20% over the last week (five trading days) considerably underperforming the broader S&P 500 which was down by about 3% over the same period. There are a couple of recent dev...
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