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Market News

Location American Market News for 26 October 2021

UBS Earnings Driven Higher by Fees From Wealthy Clients

Wall Street Journal - 26 Oct 2021 08:29
UBS Group said fees from wealthy clients soared in the third quarter and its investment bank also reaped more revenue.
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Twitter Makes Tired Look Fresh

Wall Street Journal - 26 Oct 2021 22:54
Twitter sometimes seems a couple of steps behind rivals in advertising tech. Right now, that's a good thing.
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Twitter Shares Jump After Apple's Privacy Changes Have Minimal Impact On Quarterly Earnings Shares of Twitter rose nearly 4% after the company's solid earnings.
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What's New With Plug Power Stock?

Forbes - 26 Oct 2021 14:30
What's New With Plug Power Stock? Plug Power, a company that sells hydrogen fuel cell systems, saw its stock rise by a solid 18% over the last month (about 21 trading days), considerably outperforming the broader S&P 500 which rose about 2% over the same...
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Stock Futures Rise Ahead of Tech Earnings

Wall Street Journal - 26 Oct 2021 10:29
U.S. stock futures gained ahead of a bumper day of earnings from some of America's largest corporations, including major tech names.
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These Are The Dangers That The Stock Market Is Facing Right Now The market regained all the ground it lost in September, and is now back at a record high thanks to strong corporate results. But a closer look suggests that things are not as rosy.
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Robinhood Revenue Falls on a Drop in Crypto Trading

Wall Street Journal - 26 Oct 2021 22:35
Fees tied to stock and options trades ticked down slightly at the popular app, while revenue tied to cryptocurrency trading tumbled 78% to $51 million.
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Microsoft reported earnings after the bell. Here are the results.
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Alphabet reported earnings after the bell. Here are the results.
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A Will can help in ensuring a smooth transition of assets Executing a Will has several advantages and can greatly help in ensuring the smooth transition of assets to the next generation
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Financial literacy is important for wealth creation

livemint.com - 26 Oct 2021 20:51
Financial literacy is important for wealth creation Average returns ensure that the investor actually wins with negligible risks of a loss
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How much tax do you pay on equity investments?

livemint.com - 26 Oct 2021 20:51
How much tax do you pay on equity investments? Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
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Starting your career with a student loan to pay back

livemint.com - 26 Oct 2021 20:50
Starting your career with a student loan to pay back Without a proper plan in place, taking on debt at an early age can have a long-term impact on wealth creation
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JPMorgan's $30 Billion Racial Equity Pledge, One Year Later

Wall Street Journal - 26 Oct 2021 18:54
The bank said it has committed $13 billion in loans and spending, with the bulk going to affordable housing.
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Intel Enters Oversold Territory

Forbes - 26 Oct 2021 17:56
Intel Enters Oversold Territory But making Intel Corp an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of INTC entered into oversold territory, changing hands as low as $48.0149 per share.
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Dow And S&P Hit New Record Highs As Tesla Adds To Its Massive Rally Tesla shares jumped as much as 6% Tuesday morning after skyrocketing nearly 13% on Monday.
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Is Evergrande China's Lehman Moment?

Forbes - 26 Oct 2021 17:05
Is Evergrande China's Lehman Moment? It seems that the world's second-largest economy is experiencing its own Lehman moment, reminiscent of the U.S. experience leading up to the Great Financial Crisis. In many ways, the situation in China is even more preca...
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Individual investors weren't deterred by the market's volatility last quarter. They changed their strategy, pulling back from buying shares of meme stocks and swapping them for staid exchange-traded funds.
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What To Expect From Apple's Q4 Earnings?

Forbes - 26 Oct 2021 16:30
What To Expect From Apple's Q4 Earnings? Apple (NASDAQ:AAPL) is expected to publish its Q4 FY'21 results on Thursday, October 28. We expect Apple's revenues to come in at about $83 billion, marking an increase of about 28.5% year-over-year. EPS is likely to sta...
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UBS Stock Is a Bargain

Wall Street Journal - 26 Oct 2021 16:18
Recent results have been good from UBS but despite consistent delivery, its shares trade just slightly above tangible book value--below both its historical average and U.S. banking giants. That gap is a bit of a mystery.
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3 Funds That Let You Retire On Dividends Alone Today we're going to build a portfolio that can make us totally financially independent with just $500K invested.
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DraftKings Abandons $22 Billion Bid for Entain

Wall Street Journal - 26 Oct 2021 16:11
The U.S. sports-betting operator walked away from its offer to buy the British competitor, saying the decision followed negotiations with Entain's leadership.
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