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Market News

Location American Market News for 12 January 2022
This Dividend Yield Indicator Shows Why The S&P 500 Could Disappoint Investors In 2022 The S&P 500 dividend yield is less than the 10-year Treasury yield. Does it signal the end of a free lunch for stock market investors?
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Turks Pile Into Bitcoin and Tether to Escape Plunging Lira

Wall Street Journal - 12 Jan 2022 12:30
Cryptocurrencies are embraced in Turkey and parts of the developing world where government economic policies are met with significant distrust.
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Justworks Postpones IPO, Citing Market Conditions

Wall Street Journal - 12 Jan 2022 22:32
The business software maker was expected to price its public offering on Wednesday night ahead of a Thursday debut.
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Will Citigroup Stock Continue Its Rally After Earnings? Citigroup Inc (C) is gearing up for its fourth-quarter earnings report, due out before the open on Friday, Jan. 14, in which analysts expect profits of $1.39 per share.
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Here's Why Stocks Are Rallying Despite Another Dire Inflation Report Inflation is at nearly 40-year highs, but markets weren't phased by the latest reading.
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Robinhood Tells Employees They Can Work From Home Permanently

Wall Street Journal - 12 Jan 2022 20:15
Retail-trading platform wants to become 'a remote first company' as many employers reconsider when they should return to the office.
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Here's Who Won't Get Student Loan Forgiveness These student loan borrowers won't get student loan cancellation.
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Working very closely with I-T dept on tax portal: Infosys CEO Salil Parekh On the I-T project, we are extremely proud that as of December 31, as was reported, 5.8 crore returns were filed through that timeframe, Infosys CEO Salil Parekh told reporters
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Watching for a Wage-Price Spiral

Wall Street Journal - 12 Jan 2022 18:02
So far, rising inflation has had more to do with the pandemic than rising labor costs. But that could change.
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Treasury Yields Decline After Inflation Data

Wall Street Journal - 12 Jan 2022 16:45
Yields fell after the Labor Department said the consumer-price index rose 7% in 2021 from a year earlier.
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Equity Index Futures Pick Up Steam After Stunning CPI Data The Consumer Price Index (CPI) reveals the growth of inflation. Biogen and Eli Lilly traded down in premarket trading, but DoorDash rallied. Stocks moved higher after Fed Chairman Jerome Powell testified before the Senat...
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Are Capex Cycle Stocks Poised To Outperform This Year? Our theme of Capex Cycle Stocks - which includes heavy equipment makers, electrical systems suppliers, automation solutions providers, and semiconductor fabrication equipment players - fared well through 2021, rising by ...
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Analyzing Colgate-Palmolive's Dividend Growth Potential Colgate-Palmolive (CL) is the featured stock from December's Dividend Growth Stocks Model Portfolio.
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Snowflake Stock Looks Like A Buy At $300

Forbes - 12 Jan 2022 15:30
Snowflake Stock Looks Like A Buy At $300 Cloud-based data warehousing specialist Snowflake stock (NYSE: SNOW) stock has declined by almost 15% over the last month, trading at about $300 per share currently. The decline comes on the back of a broader sell-off in...
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If Biden Cancels Student Loans, He Will Consider These 7 Things Will your student loans get cancelled?
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Amsterdam-based takeout giant Just Eat Takeaway.com could find ways to revive its flagging share price despite stiffer competition from big U.S. rivals and slowing growth.
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Here's Why Lamb Weston Holdings Stock Jumped 11% In A Week Lamb Weston Holdings Inc. stock jumped by an impressive 11% in just the last one week, completely outperforming the broader market S&P 500 which declined 2%. If you look at the change over the last one month, LW stock is...
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This Media Giant Seems Set To Outperform Dish Network The shares of Dish Network currently trade at $34 per share, which is slightly lower than its pre-Covid level. On the other hand, shares of ViacomCBS (NASDAQ: VIAC) is trading at $35 per share, which is 5% above its pre-...
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TransUnion Brings Credit Data Checks to Crypto Lending

Wall Street Journal - 12 Jan 2022 15:00
The credit-reporting firm will let consumers give blockchain companies access to their personal credit data through Spring Labs' ky0x Digital Passport.
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JPMorgan Stock To Beat Consensus In Q4?

Forbes - 12 Jan 2022 14:30
JPMorgan Stock To Beat Consensus In Q4? JPMorgan is scheduled to report its fiscal Q4 2021 results on Friday, January 14, 2022. We expect JPMorgan to beat the consensus estimates for revenues and earnings. The bank outperformed the expectations in the last qua...
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For Turo, It's Ride or Die

Wall Street Journal - 12 Jan 2022 14:30
Like many tech companies, Turo had a hot minute last year amid the pandemic. Will it also crash and burn?
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Biogen shares were dropping premarket; Ally Financial got a boost from a dividend hike.
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