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Market News

Location American Market News for 8 November 2021
Wealthy young investors don't see much use for the wealth-management firms their parents rely on. They would rather pick their own stocks or plow their money into crypto.
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What Comes Next For Palantir Stock After Rising 13% Last Month? Palantir stock has gained about 13% over the last month, outperforming the S&P 500 which was up by about 7% over the same period. While the gains are driven partly by a broader rally in the technology and software space ...
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Alibaba Is A Spring-Loaded Value Play Ready To Explode The series of strange Jack Ma sightings over the past year may signal that he is gradually being prepared for rehabilitation. Market responses suggest that if the process continues, there could be a major re-valuation of...
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After Rising 18% Over The Last Month, What's Next For Snowflake Stock? Snowflake (NYSE:SNOW) has seen its stock rise by about 18% over the last month, outperforming the broader S&P 500 which was up 7% over the same period. There are likely a couple of trends driving the gains. Firstly, brok...
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Virtu and Robinhood are among the firms that say payment for order flow allows for commission-free trading.
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We Can't Control Inflation, And Yet We Believe We Can Control The Climate Winter is right around the corner, and European governments fear that many families, who are still reeling from the economic impact of the pandemic, may be left in the cold.
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Is Bitcoin Headed For A Breakout As It Trades Near All-Time Highs? Bitcoin has been trading close to record highs today. Is the digital currency heading for a breakout? Several analysts weigh in.
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Why Is Tesla Stock Down?

Wall Street Journal - 8 Nov 2021 21:58
CEO Elon Musk is considering the sale of a 10% stake in the electric-vehicle maker.
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These Stocks Are Surging After House Passes $1 Trillion Infrastructure Bill Construction giants, materials producers and electric vehicle charging companies all stand to gain from hundreds of billions in infrastructure spending.
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Things to check while taking an unsecured business loan Loan applicants should remember that lenders may factor in the nature and vintage of the business, a loan applicant's credit score, business turnover, average bank balance, banking turnover, bank statements, existing obl...
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Taxability depends on your residential status

livemint.com - 8 Nov 2021 20:38
Taxability depends on your residential status Taxpayers who are resident of one country but earn an income that is taxable at source in another country have to refer to the double tax avoidance agreement (DTAA) between the two countries
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'Balanced advantage funds are made to benefit from volatility' The most recent example as to why such an investment framework is necessary was seen during March 2020, says Sankaran Naren, fund manager,  ICICI Prudential
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Returns on my investments

livemint.com - 8 Nov 2021 20:35
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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McAfee to Sell Itself to a Private-Equity-Led Group

Wall Street Journal - 8 Nov 2021 19:53
The security-software company it would be acquired by an investor group for around $12 billion in cash, about a year after it went public.
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The Reopening Trade Continues As The U.S. Travel Ban Is Lifted Elon Musk used a Twitter poll to determine if he should sell 10% of his stake in Tesla, prompting premarket selling.
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Fed's Quarles Will Resign at End of Year

Wall Street Journal - 8 Nov 2021 18:00
Federal Reserve governor Randal Quarles's resignation will open up another seat for President Biden to fill on the central bank's seven-member board of governors.
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The troubled property giant sold a roughly 5.7% stake in Hong Kong-listed HengTen Networks over the last three trading days, raising about $145 million.
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What Is Inflation, And Why Does It Matter?

Forbes - 8 Nov 2021 17:28
What Is Inflation, And Why Does It Matter? Broadly speaking, inflation is the decline of purchasing power of a given currency over time. Here's what you should know.
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Tesla Takes A $61 Billion Hit After Elon Musk's 'Bizarre' Poll Teasing $21 Billion Stock Sale Though a massive stock sale could rattle share prices, one analyst says it's probably better for Musk to "rip the band-aid off now" now instead of delaying the expected sale.
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Fidelity's Retail Investor Accounts Top 30 Million

Wall Street Journal - 8 Nov 2021 17:00
The asset manager said clients' assets jumped to $11.1 trillion in the third quarter, buoyed by the continuing surge of new accounts from individual investors.
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Cartier Could Be an Easy Win for Activist Third Point

Wall Street Journal - 8 Nov 2021 16:41
Diamonds and technology don't mix. This may be the only point that an activist investor need make to the owner of French jeweler Cartier.
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Analyzing Intel's Dividend Growth Potential Six new stocks made the Dividend Growth Model Portfolio this month. Get a free look at one of the stocks in this month's portfolio.
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