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Market News

Location American Market News for 21 January 2022

The SPAC Ship is Sinking. Investors Want Their Money Back.

Wall Street Journal - 21 Jan 2022 12:30
One of the pandemic's hottest trades is cooling down, as the hype surrounding 'blank-check' companies gives way to reality. The threat of tighter regulation is looming, and high-profile stumbles have taught investors som...
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Stephen Schwarzman and Ken Griffin are among those hosting a March fundraiser for the former Bridgewater CEO.
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MercadoLibre's Stock Down In Last Two Weeks, Is It A Good Pick? MercadoLibre's stock declined by 7.2% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by only 1.2% in the last twenty-one trading days. MercadoLibre operates online marketplaces dedicate...
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Will Johnson & Johnson Stock Rise After Q4 Results? Johnson & Johnson stock is scheduled to report its Q4 2021 results on Tuesday, January 25. We expect J&J to report revenues and earnings above the consensus estimates. The pharmaceuticals sales will likely be driven by c...
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Morgan Stanley's Gorman Gets $35 Million for 2021

Wall Street Journal - 21 Jan 2022 23:49
The bank notched record results last year. His pay beat that of JPMorgan's Jamie Dimon.
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PSA: What Is The Importance Of Inflation For Investors? Inflation hit seven percent. Not only does it affect consumers, but it also affects consumer stocks. Here's what you need to know about inflation for investors.
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Pandemic Darling No More: Peloton's Dramatic Crash In 4 Charts Peloton's stock may have rebounded Friday, but it still has a long way to go to recover.
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America's Winningest Fracker Said To Be Near $2.4 Billion Shale Gas Sale If the rumors are true and Dallas billionaire Trevor Rees-Jones is set to sell his Chief Oil & Gas for $2.4 billion to Chesapeake Energy -- it would be the single biggest payday for the most successful shale fracker of t...
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Stocks This Week: Sell Short Monster Beverage And Intel The market is likely to move lower into the 27th.
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The Huge Tax Bills That Came Out of Nowhere at Vanguard

Wall Street Journal - 21 Jan 2022 18:08
A change that benefitted big clients left little ones holding the bag.
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Moderna Stock Crash Intensifies: Losses Top $130 Billion After Scientists Find Covid Boosters Aren't Halting Omicron Infections Moderna was last year's third best-performing stock in the S&P--it's now this year's worst.
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How Robinhood Investors Robbed Themselves

Wall Street Journal - 21 Jan 2022 17:00
Herding into the same stocks made novice investors feel like geniuses, but the party is over and it was predictable.
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Pandemic Darlings Netflix And Peloton May Become Reopening Duds Netflix shocks investors as streaming wars starts looking like another casualty of the reopening trade. Expiration Friday could be extra volatile because of the addition of LEAPS options. Oil prices are still seeing stro...
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Why Luminar Stock May See Lower Levels Going Forward Luminar stock, a company that develops lidar sensors for use in self-driving cars, has declined by roughly 15% over the last week (five trading days), underperforming the S&P 500 which was down by about 4%. The stock als...
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The lithium used to make electric-vehicle batteries is getting dear. But that is actually only the leading edge of the supply chain problem.
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How Will General Electric Stock Trend Following Q4 Earnings? General Electric is scheduled to report its Q4 2021 results on Tuesday, January 25. We expect GE stock to see little movement due to mixed Q4 with revenues beating consensus estimates, but earnings falling short. The ove...
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Your Raise Might Be Stock Investors' Pay Cut

Wall Street Journal - 21 Jan 2022 14:00
Inflation and wage pressures are about to rain on investors' parade.
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Higher Interest Rates Won't Pay Europe's Banks Right Away

Wall Street Journal - 21 Jan 2022 13:33
Rising interest rates aren't the straightforward boon to long-suffering European banks they may first appear. Patience will be required.
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What's Next For Helen Of Troy Stock After Weak Post-Earnings Performance? Helen of Troy Limited stock (NASDAQ: HELE) is down 7.5% in the past month (21 trading days), underperforming the S&P 500 which was down around 2% over this period. If you look at the change over the last ten days, too, t...
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American Eagle Stock Looks Attractive At $23 American Eagle Outfitters reported its Q3 report, wherein revenues were slightly higher and earnings were 17% above the Trefis estimates. The company surpassed market expectations on the top and bottom lines in its Q3 ea...
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China's Yield Advantage Over U.S. Bonds Narrows

Wall Street Journal - 21 Jan 2022 12:56
The extra yield that Chinese government bonds offer over U.S. Treasurys this week dropped below a percentage point for the first time in nearly three years, as the central banks of the world's two largest economies move ...
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Should Investors Remain Optimistic On Scientific Games Stock? Scientific Games announced the sale of its Lottery and Sports Betting businesses with an aim to raise $7 billion and de-lever the balance sheet as a part of its strategic plan. The company provides technology-based produ...
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