(Bloomberg) — The group of stocks at the center of a $20-billion block trades selling spree last week were under pressure on Monday as investors worried there could be more fallout from forced offerings. ViacomCBS Inc. fell as much as 4.3% in New York trading after a $2.1 billion block trade was said to price at the top of its range, while Discovery Inc. gained 2.4%. The American depositary receipts of Chinese companies Tencent Music Entertainment Group, Baidu Inc. and GSX Techedu Inc. were… Source link
Read More »Asia Stocks Mixed as U.S. Futures Dip; Dollar Up: Markets Wrap
TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link
Read More »Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential
What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real profits realized by the Big Tech giants, and the high savings rate of US… Source link
Read More »Here’s How the World’s Chip Shortage Is Playing Out for Stocks
(Bloomberg) — A global semiconductor shortage has upended the supply of everyday devices from smartphones to gaming consoles to tech-dependent cars. With companies warning the issue may last into the second half, the fallout threatens to weigh on share prices for months to come. Since news broke in November that Apple Inc. faced a shortage of chips for its latest iPhone, warnings about the impact have been coming thick and fast. Truckmaker Volvo Group and electric-vehicle company Nio Inc…. Source link
Read More »Goldman Sold $10.5 Billion of Stocks in Block-Trade Spree
TipRanks J.P. Morgan Says These 2 Stocks Could Surge at Least 30% From Current Levels In a volatile market environment, with stocks getting buffeted about by a variety of conflicting forces, investors are looking to the expert commentators for some guidance. Covering the macro situation from banking giant JPMorgan, quant strategist Marko Kolanovic believes that we’re in for continued gains in stocks. Kolanovic doesn’t dismiss the recent dips in the S&P 500 and the NASDAQ; rather, he sees… Source link
Read More »Stocks rise, oil prices gain amid tepid inflation data
Stocks gained on Friday after a new print on core inflation in the U.S. came in milder than expected. Each of the S&P 500, Dow and Nasdaq gained, holding onto overnight advances. Shares of big bank stocks increased after the Federal Reserve announced that most banks will be allowed to resume increasing their dividends and shares repurchases after June 30, ending a year of pandemic-related restrictions. U.S. crude oil prices rose Friday morning after dropping by more than 4% on Thursday as… Source link
Read More »J.P. Morgan Says These 2 Stocks Could Surge at Least 30% From Current Levels
In a volatile market environment, with stocks getting buffeted about by a variety of conflicting forces, investors are looking to the expert commentators for some guidance. Covering the macro situation from banking giant JPMorgan, quant strategist Marko Kolanovic believes that we’re in for continued gains in stocks. Kolanovic doesn’t dismiss the recent dips in the S&P 500 and the NASDAQ; rather, he sees them as temporary. Kolanovic points out that we’re approaching the end of Q1 and… Source link
Read More »Threats of higher taxes could trigger major selling of stocks by the wealthy: strategist
TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. There are a multitude of possible clues investors can use to find the price… Source link
Read More »Tech stocks, with the exception of one, are ‘frustrating a lot of investors’: analyst
Bloomberg Massive Cargo Ships Are Outrun by Nimble Fleet in New Speed Race (Bloomberg) — For years, container shipping was a rough business. Margins were minuscule, the risks were high and growth prospects bobbed with the unpredictable tides of global trade. That it’s now generating record profits is one of the great economic surprises of the pandemic.The transformation over the past year also debunks a premise expressed loudly by pundits and politicians in recent years that U.S.-China trade,… Source link
Read More »German lockdown extension and China tensions hit European stocks
TipRanks AI Is Booming: 2 ‘Strong Buy’ Stocks That Stand to Benefit The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it,… Source link
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