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Market News

Location American Market News for 3 July 2018
In the last five years, BSE 500 has given 5% higher annual returns compared to S&P 500 Performance of Indian equity market has been superior to that of the US, the UK and Hong Kong stock markets
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Greatest Fund Manager Update: Stick With Delaware Healthcare And 3 Others Three of the four mutual fund managers I recommended beat the S&P 500 in June. Only the Oppenheimer Global Opportunities fund lost money. What happened and what should we do?
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AMLO And The Markets: Who Will Tame Whom?

Forbes - 3 Jul 2018 21:49
AMLO And The Markets: Who Will Tame Whom? The relationship between President-elect Andrés Manuel López Obrador and the business community has long been a tense one. Yet in the run up to and then in the immediate wake of the elections as his victory became inev...
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Facebook Hits a Roadblock in Misuse of User Data Facebook has said its probe will start with apps that had user bases of around 100,000 people or more. Ime Archibong, vice president of partnerships for Facebook has been tasked with being the chief sleuth, to discover w...
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Financial Sector Earnings: Mixed Performances Ahead Of Q2 Reports Earnings are coming with the biggest banks in the financial sector reporting in a few weeks. Here's a look at what's been going on in the sector recently and what analysts expect for Q2 earnings.
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NEA, Goldman lead $250 million funding in Automation Anywhere Automation Anywhere, whose clients include Cisco, Google, Tesco and Siemens, claims to have a seen continuous growth of over 100% in its revenues
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Manappuram buys majority stake in ISFC

livemint.com - 3 Jul 2018 19:21
Manappuram buys majority stake in ISFC Manappuram Finance acquires an 85% stake in Indian School Finance Co. (ISFC) from existing impact investors Gray Matters Capital and Caspian
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Unstable coalition in 2019 may hurt market valuations, says report There are rising concerns among investors about an unstable coalition government coming to power in May 2019, according to Nomura
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Supreme Court upholds RBI's ban on virtual currencies All virtual currency transactions through banks to stop from 6 July
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IFC invests $100 million in Mahindra Finance

livemint.com - 3 Jul 2018 16:59
IFC invests $100 million in Mahindra Finance The investment will enable Mahindra Finance to boost growth, by extending loans to individuals, including farmers, to buy tractors, vehicles and other equipment
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The Price Of Oil Hits A 2-Year High: How Significant Is It? These oil price charts help to put into context the new 2-year oil price high.
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What Will Drive The Growth For Cannabis Stock Cronos Group Canadian cannabis stock Cronos Group (NASDAQ: CRON) (TOR: CRON.TO) has had a relatively mixed performance over the last few months, with its stock falling from over CAD 11 in early January to levels of about CAD 8.50 cur...
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5 Cheap, Fast-Growing Dividends With More Upside Ahead If you buy a stock that eventually increases its dividend by 100% in the coming years, you're going to double your money or better as that happens.
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Domo's IPO Proceeds Will Give It Runway Through 2019, But It May Need To Raise More Funding Domo's move to slash its valuation by 75% in order to attract investors paid off, with the company successfully going public late last week. As Domo offered 9.2 million shares at $21 apiece (slightly above the mid-point ...
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The Trifecta for Turbulence

Forbes - 3 Jul 2018 15:32
The Trifecta for Turbulence Unlike 2017, the global equity markets in 2018 have endured periods of volatility that I expect will only increase in number and scope for the foreseeable future. As the acclaimed market analyst Bob Farrell often said, "...
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Tariff Troubles for Germany Won't Stay in Germany

Wall Street Journal - 3 Jul 2018 14:47
Germany's role as an anchor for Europe makes its export engine a risk for the continent.
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Can High Engagement Levels Be A Competitive Edge For Quora? Quora has been gaining traction slowly but steadily. The company reportedly has around 200 million monthly active users and was valued at $1.8 billion in its most recent funding round in 2017.
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Trade Wars, Dollar Dominance, And What It Means For Global Investing With the 44th G7 summit under wraps, an unfolding trade war has escalated tension between the US and its rivals. Though the Trump administration argues that the trade wars are necessary in forcing multinational corporati...
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Greece's Long Journey Back From The Brink [Infographic] While the mood across Europe was one of pessimism last week, some good financial news went largely unnoticed.
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China, Not the World Cup, Is the Real Worry for Macau

Wall Street Journal - 3 Jul 2018 11:59
The falling Chinese stock market and currency will likely hit the world's largest gambling hub.
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Why July Is a Risky Month for Drug Price Backlash

Wall Street Journal - 3 Jul 2018 11:55
Less than two months after its unveiling, President Trump's plan to lower prescription drug prices is up for a big test.
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Dell moves to go public, spurns IPO

livemint.com - 3 Jul 2018 10:25
Dell moves to go public, spurns IPO The transaction will allow Dell to bypass the traditional IPO process, which would likely have involved grilling by stock market investors over Dell's $52.7 billion debt pile
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