Inflation Data Shows a Slower Rise; Some Shares Rose others Tumbled

Inflation Data Shows Slower Rise; Some Shares Rise others Tumble
TradeGM Analysis date_range September 20th, 2021

Recent inflation data in the US markets shows a slower rise. The core inflation metrics for August were only up by 0.1% compared to July. In other words, August has recorded the slowest monthly inflation rate gain since the beginning of the year.

Reduced travel is likely the main reason for the slower rise in consumer prices, but it is certainly starting to feel like the Fed was right. Many hope that 2022 will ultimately prove that inflation was indeed merely transitory. 

Meanwhile, there is yet another quarter to get through before we have any real answers. For a month that’s historically been slow, September is sure full of surprises. Here’s how, as a result of the inflation data, some shares rose while others tumbled.

Microsoft to Initiate Share Buyback 

Microsoft to Initiate Share Buyback 

This week, Microsoft announced that it would begin a share buyback program and raise its quarterly dividend by 11%. The tech giant has not set an expiration date for the program; however, it set a budget of up to $60 billion. The goal is to increase the dividend by $0.06 this upcoming quarter. With the recent inflation data indicating a relatively healthy market, Microsoft couldn’t have picked a better time.

Facebook Shares Tumble in light WSJ’s expose 

Facebook Shares Tumble in light WSJ’s expose 

The WSJ has published an expose of Facebook that brings to light the negative effect of social media on young teenagers. Reportedly, internal company studies found that Instagram had a negative impact on the mental health of teenagers. The news will undoubtedly force Zuckerberg to put a pin in his plan to develop an Instagram for kids. Lawmakers across both parties and chambers of Congress are demanding answers from Facebook 

Virgin Galactic Shares Experience a Drop 

Virgin Galactic Shares Experience a Drop 

Richard Branson’s space tourism has generated a lot of hype as Virgin Galactic became the first company in the ‘billionaire space race’ to launch humans into suborbital space. However, the company’s shares recently took a tumble when it announced the postponement of its next flight. Reportedly, there was a manufacturing defect. 

Booster Shots Data Boost Moderna Shares Up 

Booster Shots Data Boost Moderna Shares Up 

One of the COVID-19 vaccine producers, Moderna, released new data that supports booster shots. The study shows that people who have gotten the jab more recently are less likely to become infected with Covid-19. To clarify, it appears that immunity wanes over time. However, the FDA has declined to make their position known as they are still verifying and analyzing the data. The American drug maker was up 0.7% in extended trading. 

Alibaba Shares Slide as China Plans a Breakup 

Alibaba Shares Slide as China Plans a Breakup 

The Ant Group (formerly known as Alipay) has once again become the target of Chinese authorities. To tighten control on big businesses, Beijing is looking to split the Ant Group into two entities. Hence, one of the entities would handle lending operations while the other would resume standard operations. The Ant Group, which boasts over a billion users, is presumably targeted because of Jack Ma. The co-founder of Ant Group and Alibaba suggested that Chinese regulators deter innovation. 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The materials contained on this page are for advertising and marketing purposes only and should not in any way be construed, either explicitly or implicitly, directly or indirectly. as investment advice, recommendation or suggestion of an investment strategy with respect to a financial instrument, in any manner whatsoever. You should make sure that you have sufficient time to manage your investments on an active basis. CDF are derivative financial instruments, which price is derived from the price of the underlying asset or contract to which the CFD refers (for example currencies, commodities, indices, equity, etc.). Derivative financial instruments and related markets can be highly volatile. The prices of CFDs and underlying instrument may fluctuate rapidly over wide ranges and may reflect unforeseeable events or changes in conditions, none of which can be controlled by the client or eBrókerház Befektetési Szolgáltató Zrt. Prices quoted or information may vary and change depending on market conditions. When investing in Company’s Products denominated in a currency other than that of the state in which you reside, the return may increase or decrease as a result of currency fluctuations. Any indication of past performance or simulated past performance included in an advertisement is not a reliable indicator of future results. All names, pictures and personal details of people depicted as traders in advertisements concerning past performance are included for presentation purposes only, and are not the actual traders who have made the transaction detailed in the advertisement (actual details are kept for privacy purposes). All opinions expressed by traders are not actual testimonials but rather are depictive of the actual past performance and trading experience. Any trades depicted are selected from past real successful trades and are not reliable indicator of all customers past or future trades.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. X