Tencent Music Stock is a Risky Yet Rewarding Bet Much Lower . Global stocks higher after Wall St retreats from record. Four Reasons Why Truist Financial Is a Super Bet Among Regional Banks.
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The Early Bird Newsletter

Thursday, April 15th

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Good Morning

The Q1 earnings season started with a whimper on Wednesday after reports from the big banks failed to impress the market. Reports from JPMorgan Chase, Goldman Sachs, and Wells Fargo all beat their consensus targets but internal metrics reveal stock market gains and investment banking are the reason why. The banking sector started the day in negative territory but managed to recoup the losses by the end of the session.

The energy market got a boost on Wednesday by a bigger-than-expected drawdown of U.S. crude stockpiles. The U.S. crude inventory fell more than 5 million barrels versus the consensus estimate for about half the amount. The price of WTI gained more than 4% on the news and looks like it is headed back up to retest the recent highs.

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Markets

Tencent Music Stock is a Risky Yet Rewarding Bet Much Lower

Chinese online music platform Tencent Music (NYSE: TME) stock surged to highs of $32.25 on March 23, 2021, before collapsing nearly in half to a low of $16.31 just three days later. Massive selling also occurred in Viacom (NYSE: VIAC) and Discovery Networks (NASDAQ: DISCA) and various Chinese stocks...

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From Our Partners

These 4 Cryptos Are Screaming Buys With 10X Potential

The Awakening is starting right now. Find out why PayPal just joined the wealth-creating tsunami that is about to surge through the economy in 2021. The last time such a major market event happened, it minted 18,000 new millionaires.

Here's the story.
Markets

Global stocks higher after Wall St retreats from record

Major global stock markets were mostly higher Thursday after Wall Street retreated from a record high as major U.S. banks reported strong profits. London and Frankfurt opened higher while Tokyo also advanced. Shanghai and Hong Kong declined. Wall Street futures were hig...

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Markets

Four Reasons Why Truist Financial Is a Super Bet Among Regional Banks

Truist Financial (NYSE:TFC) is a super-regional bank that was formerly known as the Branch Banking and Trust Company (BB&T). The bank changed its name after merging with Atlanta-based SunTrust Bank in December 2019

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From Our Partners

The Stock That Is Disrupting A Billion Dollar Industry.

This company is about to flip big tobacco on its head with a game-changing new roll out!

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Markets

3 Reasons Goldman Sachs (NYSE:GS) Stock is a Buy After Q1 Earnings

Anytime a company posts record earnings like Goldman Sachs (NYSE:GS) just did, it’s a good idea for investors to take note. It’s all the more impressive given this leading investment banking and securities company’s extended history of delivering strong results.

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Markets

Albert Einstein's Messy Desk Highlights The Surprising Link Between Clutter And Intelligence

A famous photo taken in Princeton, New Jersey in 1955 depicts Albert Einstein’s office the day he passed away. One would imagine a thinker of such superior intellect would have the finest productivity tricks and systems to keep his brilliant brain as clutter-free as possible...

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From Our Partners

Wall Street Will HATE That He's Giving Away This Secret Manual

Former Chicago Board Options Exchange trader Bryan Bottarelli reveals the tricks and tips he learned trading in the live pit of the Chicago Board Options Exchange in a one-of-a-kind manual: "5 Secret Trading Strategies to Win Every Day in the Market."

Click Here to Get Your Free Guide
Markets

2 Secrets About Online Media Presentations

The following excerpt is from Dan S. Kennedy and Dustin Mathews’ book No BS Guide to Powerful Presentations. Buy it now from Amazon | Barnes & Noble | iTunes or click here to buy it directly from us and SAVE 60% on this book when you us...

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Politics

The Latest: Serbia to produce Russia's Sputnik V vaccine

Serbia has announced it will begin packing and later producing Russia’s Sputnik V coronavirus vaccine, which would make it the first European nation outside Russia and Belarus to begin manufacturing the jab

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Markets

Why Positivity May Be Hurting Your Business

The following excerpt is from Benjamin Gilad and Mark Chussil’s book The New Employee Manual: A No-Holds-Barred Look at Corporate Life. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound or click here to buy it directly from us and SAVE 60% on t...

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Markets

Don't Hit the Snooze on the Sleep Number Pullback

After climbing for 12 straight months, Sleep Number (NASDAQ:SNBR) is finally taking a rest in April 2021. With the stock now trading roughly 18% below its $151.44 intraday high, investors should stay alert for a buy opportunity. Sleep Number hasn't had a meaningful correction since rallying from ...

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The Early Bird Stock Of The Day

Wipro Limited

Wipro Limited

Wipro Ltd. is a global information technology, consulting and outsourcing company, which engages in the development and integration of solutions. It operates through the Information Technology Services and Information Technology Products segments. The Information Technology Services segment provides IT and IT-enabled services which include IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, BPO services, cloud, mobility and analytics services, research and development and hardware and software design. The Information Technology Products segment provides a range of third-party IT products, which allows to provide comprehensive IT system integration services. The company was founded on December 29, 1945 and is headquartered in Bangalore, India.

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