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Market News

Location American Market News for 2 September 2021
$45B Below Its Peak, Why QuantumScape's Value Will Fall With no revenues forecast for years, QuantumScape is a science project that should not be trading as a public company.
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Compare your bank FD rates

livemint.com - 2 Sep 2021 22:36
Compare your bank FD rates Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures
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Earnings Preview: What To Expect From DocuSign On Thursday Earnings Preview: What To Expect From DocuSign On Thursday
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This Is A Must See Chart On Housing

Forbes - 2 Sep 2021 00:13
This Is A Must See Chart On Housing The catalyst for an end of this run is here.
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Speak No Evil of the S&P 500's Neverending Records

Wall Street Journal - 2 Sep 2021 15:53
Investors buying stocks no matter what shouldn't fool themselves that the future will deliver the chunky returns of the past decade.
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Two S&P 500 Sectors Trade Below Economic Book Value After 2Q21 Earnings The Telecom Services sector has the lowest trailing PEBV ratio among all 11 S&P 500 sectors.
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MSC Industrial Direct Cash Flow Increases The Safety Of Its Dividend Yield MSC Industrial Direct Co, Inc. is the featured stock in August's Safest Dividend Yields Model Portfolio.
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Lithium Booms in the Battle for Electric-Vehicle Batteries

Wall Street Journal - 2 Sep 2021 14:17
Lithium has a better claim than most commodities to be the "new oil." It even comes with the latest geopolitical baggage.
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For Afghans Abroad, Sending Money Home Is Harder Than Ever

Wall Street Journal - 2 Sep 2021 11:30
Disruptions in Afghanistan's money-moving apparatus are choking off a key source of income for ordinary Afghans.
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Building a retirement fund is not enough; it has to be managed well too Ruth Preeta Christian has built a corpus that now helps her lead a retired life independently
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Close-ended schemes falter despite market rally

livemint.com - 2 Sep 2021 21:36
Close-ended schemes falter despite market rally Investors should stay away from close-ended equity funds as they offer no advantage, says an expert
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Ask Encore: Retirement calculators ask for that crucial number. Here's how to come up with one.
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Insurers can reject policy claim during the contestability period The contestability period is the time period within which an insurer can dispute any non-disclosure by the policyholder
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Earnings Preview: What To Expect From Broadcom Today Earnings Preview: What To Expect From Broadcom Today
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Capital One CEO Settles with FTC Over Filing Failures

Wall Street Journal - 2 Sep 2021 20:08
Richard Fairbank agrees to pay nearly $640,000 to settle civil claims that he violated federal laws by failing to report an increase in his stockholdings.
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Bitcoin Prices Trade Near $50,000 After Hitting Fresh, Multi-Month High Bitcoin prices neared $50,400 this morning, reaching their highest since May 15. Will the digital currency break through resistance near that level to approach its all-time high, or will it fall back first?
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Capital One CEO Fined $640,000 For Allegedly Boosting $168 Million Stock Holdings Through Illegal Transactions The 70-year-old chief allegedly failed to report large stock transactions several times over the past two decades.
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Carvana Co Ranked Among Today's Top Shorts As Markets Trade In The Green The Dow Jones climbed 130 points, while the S&P 500 and Nasdaq both rose 0.4%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
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Beacon Roofing Supply Inc Ranked Among Today's Top Buys Amid Lower Jobless Claims Data The Dow Jones rose 130 points, while the S&P 500 and Nasdaq Composite both advanced 0.4%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
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Bullish Copper Bets Drop as Once-Hot Market Cools

Wall Street Journal - 2 Sep 2021 18:19
Investors recently pushed bullish wagers on copper prices to their lowest level in more than a year, a sign that traders are worried that higher supply will cool down this year's rally.
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US Stock Market Capitalization At 2X GDP: How Ominous Is It? Will the Buffett Indicator, which currently exceeds 200% of GDP, revert to its long term mean of 100%? My take is that it will compress when the Fed tightens, but not fall that far because profit margins are higher now.
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These Top Stocks Are Leading The S&P 500 To New Highs In 2021 Shares of vaccine-maker Moderna have skyrocketed more than 270% this year.
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