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Market may open marginally down - The Hindu BusinessLine


Market may open marginally down
May 12, 2021
Global cues will drive sentiment
Indian markets are expected to open only marginally down on Wednesday despite bearish signal from the US and Asian markets. The SGX Nifty, which currently rules at 14,846 (8 am IST) on the Singapore Stock Exchange, signals a 30-point gap-down opening for Nifty futures, which on Tuesday closed at 14,878.25.
Fearing inflation, the US markets tumbled overnight. The Dow Jones Industrial Average slipped 473 points or 1.36 per cent; S&P 500 and Nasdaq tumbled 0.87 per cent and 0.1 per cent respectively. Tracking the US markets, Asian markets too ruling in the red. Besides inflation worries, geo political tension between Israel and Palestine also weakened the sentiment. ....

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DeepTrading.ai Launches, Making AI-Driven Investment Modeling Available to All Investors


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BAYONNE, N.J., April 21, 2021 /PRNewswire/
 DeepTrading.ai has launched its business with the goal of providing investors of all kinds with artificial intelligence AI-driven products such as stock price prediction models. Utilizing sophisticated deep learning algorithms, DeepTrading.ai offers daily, weekly, and monthly price predictions. Even as far as three months, and one year out, the company s algorithms can predict performance information for a selection of at least 250 stocks, with more stocks added soon. The technology is hosted on a multimillion-dollar cloud infrastructure that trains the AI models on a daily basis.
We are a small, closely-knit team of Wall Street professionals who saw an opportunity, said CEO Nektarios Kalogridis. Our mission is to level the playing field for the next generation of trading. Why should investment houses and hedge funds be able to time the market because they have access to algorithms and sophisticated m ....

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World stocks at new peaks on strong China, US data | Money


Saturday, 17 Apr 2021 06:50 AM MYT
Government stimulus, strong corporate earnings from US banks and in Europe, along with signs of economic recovery in countries leading the Covid-19 vaccination race have all helped push stock market indexes to new heights this week. Reuters pic
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NEW YORK, April 17 Gold prices hit a seven-week high and global stocks scaled new records yesterday after strong US and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.
Government stimulus, strong corporate earnings from US banks and in Europe, along with signs of economic recovery in countries leading the Covid-19 vaccination race have all helped push stock market indexes to new heights this week. ....

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GLOBAL MARKETS-World stocks at new peaks on strong China, U.S. data


GLOBAL MARKETS-World stocks at new peaks on strong China, U.S. data
Reuters
2 hrs ago
(Adds close of U.S. markets)
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MSCI, Dow, S&P 500, STOXX 600 hit records
China Q1 GDP grows record 18.3%
Global asset performance http://tmsnrt.rs/2yaDPgn
World FX rates http://tmsnrt.rs/2egbfVh
By Herbert Lash and Simon Jessop
NEW YORK/LONDON, April 16 (Reuters) - Gold prices hit a seven-week high and global stocks scaled new records on Friday after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.
Government stimulus, strong corporate earnings from U.S. banks and in Europe, along with signs of economic recovery in countries leading the COVID-19 vaccination race have all helped push stock market indexes to new heights this week. ....

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