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Market News

Location American Market News for 11 October 2021

Millennials Team Up to Fulfill the Dream of Homeownership

Wall Street Journal - 11 Oct 2021 11:30
Burdened by debt and facing soaring home prices, first-time home buyers are pooling their finances with partners, friends or roommates.
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IIFL Finance is offering up to ₹10 lakh business loans on WhatsApp with approval under 10 min. How to apply To get business loans from IIFL Finance via WhatsApp, the user will have to send a 'Hi' to 9019702184 and complete the KYC process
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What's Next For Marvell Technology Stock After 8% Rally Last Week? Marvell Technology Inc. stock has gained 8% in the past week and currently trades at around $65 per share. Additionally, Marvell, a semiconductor technology company, has seen its stock gain almost 8% over the last month,...
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Will Amazon's Stock Continue To Soar Above Peers? We think that Amazon's stock (NASDAQ: AMZN) currently is a better pick compared to Walmart's stock (NYSE: WMT). Amazon's stock trades at about 3.9x trailing revenues, compared to around 0.7x for Walmart. Does this gap in...
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Japan Doesn't Need 'Kishida Shock' Therapy

Wall Street Journal - 11 Oct 2021 13:38
Japan's new prime minister is worried about inequality--and that worries the market.
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How Does Adobe's Stock Look Compared To Peers? We think that Adobe's stock (NASDAQ: ADBE) currently is a better pick compared to Salesforce.com's stock (NYSE: CRM). Salesforce.com's stock trades at about 11.4x trailing revenues, compared to around 18x for Adobe. Does...
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Do Odds Still Favor MGM Resorts Stock?

Forbes - 11 Oct 2021 13:00
Do Odds Still Favor MGM Resorts Stock? The uncertain regulatory environment in Macau, prolonged weakness in the travel industry, and Las Vegas Sands' move to divest its U.S. business has led to a 50% decline in its stock. Instead, the shares of MGM Resorts ar...
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Should You Ride The Momentum In Vail Resorts Stock? The shares of Vail Resorts (NYSE: MTN) have surged past pre-Covid levels despite low room occupancy rates observed by the hotel industry. The company provides mountaineering-related services including ski school, mountai...
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Should You Book Profits In Hilton Worldwide Stock? The shares of Hilton Worldwide are trading at 23% above pre-Covid levels as compared to an 8% gain in Marriott International stock. Despite the huge demand crunch due to the pandemic, Hilton and Marriott reported $708 mi...
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Stock Futures Fall, While Oil Trades Above $80

Wall Street Journal - 11 Oct 2021 11:00
U.S. stock futures ticked lower, while Brent crude futures neared their highest level in three years and natural-gas futures continued to climb.
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Stocks This Week: Buy Costco, Apple, And NettApp Here are a trio of short-term trades for the coming week.
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Vanguard Rolls Back Plan to Cut Retiree Benefits

Wall Street Journal - 11 Oct 2021 23:22
Company reverses course after telling employees and retirees it was ending a longtime retirement benefit program.
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Bitcoin Powers Past $57,000 On Its Quest To Hit A New All-Time High Bitcoin powered past $57,000 on Monday for the first time since May as a number of positive crypto developments galvanized investors in the month of "Uptober."
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Chevron Shares Cross 5% Yield Mark

Forbes - 11 Oct 2021 21:41
Chevron Shares Cross 5% Yield Mark In trading on Monday, shares of Chevron were yielding above the 5% mark based on its quarterly dividend (annualized to $5.36), with the stock changing hands as low as $106.92 on the day.
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3 Ways To Make Money Moves That Matter For You And The Planet Younger generations seem to care far more about climate change than those before them. But here's how they can put their money with their mouths are.
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Is investing in digital gold a better option than the real thing? There's been a 150% increase in the amount of gold that is stored in vaults in the past one year, which indicates the growing popularity of the product
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Returns on my investments

livemint.com - 11 Oct 2021 20:31
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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Money gifted to your wife won't be taxable

livemint.com - 11 Oct 2021 20:26
Money gifted to your wife won't be taxable To find out whether your income tax shall be taxed in India, you need to establish your residential status as per the I-T Act of India for the relevant financial year 
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When the wealthy tiptoe into the world of crypto

livemint.com - 11 Oct 2021 20:25
When the wealthy tiptoe into the world of crypto More and more affluent Indians are seeking a share of stellar returns delivered by crypto assets such as bitcoin
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How to deal with good and bad market phases

livemint.com - 11 Oct 2021 20:16
How to deal with good and bad market phases The idea is to set the right expectations and stick to your plan of action
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The U.S. Still Dominates In Semiconductors; China Is Vulnerable (Pt 2) The U.S. controls the dominant share of the high value, irreplaceable assets in the chip business. China controls no significant hard-to-replace part of the semiconductor value chain, and is a non-player in all the impor...
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China 'Banned' Crypto. Can The SEC Try Doing The Same? The Securities and Exchange Commission has not spooked the crypto market like China has. In fact, many investors welcome SEC regulations.
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