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Market News

Location American Market News for 2 November 2021

Rivian's $60 Billion EV Challenge to Detroit

Wall Street Journal - 2 Nov 2021 15:34
If the electric-vehicle startup comes even close to justifying the valuation targeted in its initial public offering, Detroit has a real problem.
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Tesla, Pfizer, Lyft: What to Watch in the Stock Market Today

Wall Street Journal - 2 Nov 2021 15:48
Tesla shares fell after Elon Musk tweeted that a deal with Hertz isn't signed yet
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Hertz Claims Tesla Deliveries Have Started After Elon Musk Says A Contract Hasn't Been Signed Despite falling Tuesday morning, shares of Tesla are still up 60% since Hertz announced a record $4 billion order last week.
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Bloom Energy Stock Jumps 55% In A Week Following $4.5 Billion Deal. What's Next? The stock price of Bloom Energy, a company best known for its modular fuel cell generators targeted at commercial and industrial users, saw its stock rally by a large 55% over the last week (five trading days). The S&P 5...
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This Stock Has A 8.78% Yield And Sells For Less Than Book Prospect Capital has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ''DividendRank'' report.
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This Dhanteras, gold prices down about ₹3,000 from last year's levels. Good time to buy? Going forward, the actions by the global central banks mainly the US Fed on the liquidity tightening will guide gold prices, say analysts
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Lyft reported 18.94 million active riders this quarter, compared to the expected 19.69 million, per StreetAccount.
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SolarEdge shares dipped in extended trading on Tuesday after the company's third-quarter revenue feel short of expectations.
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The bank, under CEO David Solomon, has increased its overall head count and bolstered its asset-management and consumer arms.
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Conveyance deed isn't an issue while purchasing a flat The absence of a conveyance deed of the property may not be an issue for purchasing the flat till the time there is an occupation certificate and/or completion certificate issued by the municipal corporation regarding th...
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Annual information statement may make tax filing easier The income tax department launched AIS this week on its portal that not only contains a comprehensive outlay of the taxpayer information but also allows the taxpayer to submit feedback on the provided information
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The coming disruption over card tokenization

livemint.com - 2 Nov 2021 20:48
The coming disruption over card tokenization A new regulatory framework expected to kick in from 1 January 2022 will change how you transact online
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How much tax do you pay on debt investments?

livemint.com - 2 Nov 2021 20:48
How much tax do you pay on debt investments? Equity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier Here's a look at the tax rules that apply to some debt-related investment products
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6 Apps That Totally Simplify Your Finances

Forbes - 2 Nov 2021 20:05
6 Apps That Totally Simplify Your Finances It's time to take control of your finances. These money-management apps help you do just that.
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Three Unloved Funds Paying 6.9%+ Dividends

Forbes - 2 Nov 2021 19:25
Three Unloved Funds Paying 6.9%+ Dividends You know we're in a pricey market when even obscure high-yield plays like closed-end funds (CEFs) are pricey!
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What To Expect From Electronic Arts' Q2?

Forbes - 2 Nov 2021 19:00
What To Expect From Electronic Arts' Q2? We expect the company to likely post revenue and earnings marginally above the consensus estimates, primarily led by a robust demand outlook for its FIFA franchise.
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What Will We See From CVS Health Stock Post Q3 Results? A slowdown in overall Covid-19 vaccination rate likely resulted in a decline in revenue contribution from Covid-19 vaccine administration.
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Shares of Bloomin' Brands tumbled 11% on Tuesday after the company said it's expecting an additional $170 million in costs next year due to inflation.
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Arista's Meta Boom Will Be Real Enough

Wall Street Journal - 2 Nov 2021 17:32
A major supplier of network equipment to Facebook's parent projects big sales jump next year.
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Chegg Stock Plunges 45% As Revenue Takes A Hit From Schools Reopening Chegg's earnings showed a sudden drop in demand for online education services as students returned to school.
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Up 75%, 3 Reasons Arista Networks Stock Will Keep Soaring With help from Facebook's 60% boost in capital expenditures, Arista forecasts 30% growth in 2022. While its stock is up 75% this year, it has further to go.
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Jes Staley is gone from Barclays, but his successor will carry on his signature strategy of betting big on the U.K.'s last major presence on Wall Street.
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