New Strong Buy Stocks for May 3rd

Reuters
Japan's FSA disappointed by Archegos global fallout
The head of Japan's financial watchdog said he was disappointed by the global fallout from the collapse of investment fund Archegos Capital Management despite past regulatory reforms. "Although the problem didn't result in the collapse of financial system, it's very disappointing such a major incident happened," Ryozo Himino, Financial Services Agency (FSA) Commissioner, said in an online speech. Global banks including Credit Suisse and Nomura Holdings Inc reported losses from Archegos, taking the total hit beyond $10 billion.
1d ago
Bloomberg
Oil Highest Since 2018 as Traders See Prospect of Rising Prices
(Bloomberg) -- Oil traded above $71 a barrel as some of the most prominent voices in the market said they expect prices to continue to rise.West Texas Intermediate was 1% higher, earlier touching its highest level intraday since 2018. Despite a bumper rally this year, traders Glencore Plc and Vitol Group still see at least some further gains in oil. Those views came at the FT Commodities Global summit, where opinions aired included:Global demand should return to normal in the third quarter of ne
2h ago
FX Empire
NZD/USD Forex Technical Analysis – Testing Short-term Retracement Zone at .7129 to .7085
The direction of the NZD/USD on Monday is likely to be determined by trader reaction to the short-term 50% level at .7129.
1d ago
Yahoo Finance
Lumber is showing us the future: Morning Brief
Top news and what to watch in the markets on Tuesday, June 15, 2021.
4h ago
CBS MoneyWatch
New IRS tool lets families check if they're eligible for Child Tax Credit checks
The IRS unveiled the tool Monday for people who made too little to file a tax return.
19h ago
Reuters
US STOCKS-S&P 500 and Dow slip as upcoming Fed meeting looms
The S&P 500 and the Dow dipped on Monday, with the former coming off a record closing high in the previous session as a lack of catalysts ahead of this week's Federal Reserve meeting kept investors from making new significant bets. The technology-heavy Nasdaq rose for the sixth time in the past seven sessions, lifted by gains in shares of Tesla Inc, Apple Inc and Amazon.com Inc.
20h ago
South China Morning Post
Stanley Ho's youngest son Mario launches firm to help family offices tap investment opportunities in Greater Bay Area
Mario Ho Yau-kwan, the youngest son of the late Macau casino tycoon Stanley Ho Hung-sun, has set up a family office platform to help wealthy families tap opportunities in the fast-growing Greater Bay Area. Ho, 26, a maths whizz and the youngest finance graduate ever from the Massachusetts Institute of Technology, has launched MSI Finance Management Company (MSI). Ho, who is the co-founder and vice-chairman of MSI, has been joined by four other investors, including chairman Leo Kei and well-known
5h ago
The Wall Street Journal
Mall Owner Washington Prime Seeks $950 Million Debt Cut in Bankruptcy
The mall owner had to cut rents during the Covid-19 pandemic, keeping tenants out of bankruptcy but hurting its business.
17h ago
MoneyWise
Soaring home prices made you house-rich? Here's how to make the most of it
You're living inside a giant piggy bank now — and have options for shaking out some cash.
15h ago
MarketWatch
Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates
Banking giant JPMorgan is sitting on a near half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.
16h ago
Yahoo Finance
Electric aircraft company Vertical Aerospace plans to go public
EV Aircraft company Vertical Aerospace announced last week that they would go public via a SPAC merger.
21h ago
Bloomberg
Mergers Quadruple in Brazil as Companies Raise Fresh Capital
(Bloomberg) -- Mergers and acquisitions are booming in Brazil as companies raise capital in the public equity markets and look for takeover targets.Deals have almost quadrupled from the same period last year, soaring to $34.7 billion, according to data compiled by Bloomberg. At the same time, total stock issuance by Brazilian companies jumped 83% to 69.6 billion reais ($13.6 billion).Companies in Brazil are offering more shares on public markets as interest rates below inflation push many invest
1d ago
Bloomberg
Drowning in Cash, Money Markets Seek Another Life Raft From Fed
(Bloomberg) -- More and more, investors are wondering whether the Federal Reserve will tweak its monetary policy toolkit to help out money markets that are starting to drown in a sea of cash.The Fed’s existing facilities have helped alleviate the impact of the growing dollar glut in short-term funding markets that’s outstripping the supply of investable securities and weighing down front-end rates. But officials can only continue to do so if money-market funds, which help funnel more than $4 tri
2h ago
MarketWatch
AMC shares surge over 15% on #AMCDay as meme traders aim to push movie chain’s shares back above $60
Shares of movie chain were aloft to start another week, with the company's stock headed sharply higher amid a social-media campaign to push it toward $60 a share.
18h ago
Refinery29
Canceling Student Debt Doesn’t Help Rich People. Is That Why They Hate It So Much?
Mandatory Credit: Photo by STEPHANIE LECOCQ/POOL/EPA-EFE/Shutterstock (12072947bw) US President Joe Biden meets with NATO Secretary General Jens Stoltenberg (not pictured) during a NATO summit at the North Atlantic Treaty Organization (NATO) headquarters in Brussels, Belgium, 14 June 2021. The 30-nation alliance hopes to reaffirm its unity and discuss increasingly tense relations with China and Russia, as the organization pulls its troops out after 18 years in Afghanistan. NATO Summit in Brussel
16h ago
Bloomberg
Get Ready for a Flood of Sugar as Brazilians Buy Electric Cars
(Bloomberg) -- Brazil is set to flood the world market with sugar as the transition to electric vehicles slashes demand for crop-based biofuels, according to a study led by an influential industry executive.Demand for ethanol, made mostly from sugar cane in Brazil, will likely start to decline in 2030 as EVs become more widespread, said Soren Jensen, the former chief operating officer of top sugar trader Alvean, who authored the study together with Mariana Perina Jirousek. That will leave miller
5h ago
Investopedia
3 Reasons Your Social Security Check Was Short This Month
If you recently started receiving Social Security benefits, here are three reasons you may be getting less than you expected.
19h ago
MarketWatch
Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks
Below is a new list using the same criteria we used to pull this list of heavily shorted stocks during the Reddit/Robinhood mania in late January. The biggest short squeeze in the Russell 3000 appears to be Virgin Galactic Holdings Inc. (SPCE) which more than doubled in four weeks and was 27.82% sold short on June 11.
20h ago
FX Empire
USD/INR Posts Longest Daily Losing Streak in Over Two Months
The Indian rupee depreciated against the U.S. dollar for the fifth straight day on Monday as rising oil prices weighed on the currency despite strength in domestic equity markets.
23h ago
MarketWatch
I want to take a life-insurance policy out on my husband. He says ‘hell will freeze over’ before he’s worth more dead than alive
‘The pandemic sent my life back to the 1950s, as I had to cook, provide tech support and homeschool our child.'
1d ago

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Altice USA, Inc. Price and Consensus

Ethan Allen Interiors Inc. Price and Consensus

Penske Automotive Group, Inc. Price and Consensus

Santander Consumer USA Holdings Inc. Price and Consensus

TOTAL SE Price and Consensus

Breakout Biotech Stocks with Triple-Digit Profit Potential

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