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Market News

Location American Market News for 16 February 2022
Hyundai Scion's Buyout Firm Invests $140.5 Million In Four Singapore Healthcare, Pharma Companies Sylvan Group--the private equity firm cofounded by Chung Kyungsun, a grandson of Hyundai Group founder Chung Ju-Yung--is investing $140.5 million to take majority stakes in four healthcare and pharmaceutical companies in...
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What Will Rising Interest Rates Do To The Market? With the Fed tightening policy, Commonwealth CIO Brad McMillan takes a deeper look at interest rates and assesses the risks to the market.
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Fed Minutes Signal March Interest Rate Hike Still On Track Fed officials acknowledged that asset valuations were "elevated" across markets.
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Can Earnings Give Struggling Roku Stock A Boost? The shares of Roku (ROKU) were last seen down 4.8% to trade at $160.16, while contending with pressure at the 30-day moving average.
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Tax & investment tips for young earners

livemint.com - 16 Feb 2022 20:46
Tax & investment tips for young earners Tax planning should be part of overall financial planning and not the other way round
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Student Loan Cancellation Must Happen Now Or Democrats Will Lose Majority In Congress, Says This Congresswoman Democrats say student loan cancellation must happen now.
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Paramount Misses Streaming's Blank-Check Season

Wall Street Journal - 16 Feb 2022 19:52
Strong subscriber growth is overshadowed by aggressive investment plans as investors take a harder look at the economics of streaming.
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Gift your domestic help a pension through WhatsApp

livemint.com - 16 Feb 2022 19:49
Gift your domestic help a pension through WhatsApp pinBox Solutions, a fintech focused on micro pension to offer pensions over WhatsApp to domestic help and other informal sector workers
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What is the right mix of funds if I want to retire early? Consult a financial planner and plan accordingly
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Zero-cost EMI may sound attractive but it actually comes at a price A no-cost EMI card makes a pre-decided credit limit available to the customer to convert his purchases into EMIs. Since interest is indirectly included in the no-cost EMI by charging a higher price, there is no additiona...
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Earnings Preview: What To Expect From Cisco Systems Today Earnings Preview: What To Expect From Cisco Systems Today. Here's a closer look.
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Roblox Stock Crashes 25% After Lackluster Earnings The Gen-Z gaming platform that skyrocketed in popularity during the pandemic lost $10 billion in market value Wednesday.
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DOJ Investigates Short-Sellers For Potential Trading Abuses Including 'Spoofing' And 'Scalping' The vast DOJ probe has reportedly targeted nearly 30 short-selling firms and three dozen related individuals.
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The Dollar Lost 7.5% Of Its Value Last Year, But These Stocks Are Benefiting Inflation in the U.S. is becoming a major concern. The consumer price index published by the Bureau of Labor Statistics rose 7.5% in January 2021, ahead of Wall Street estimates, marking the largest year-on-year increase...
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Home Depot Makes Notable Cross Below Critical Moving Average In trading on Wednesday, shares of Home Depot crossed below their 200 day moving average of $349.33, changing hands as low as $347.63 per share.
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Robust Sales Report Could Foretell Strength to Come

Wall Street Journal - 16 Feb 2022 18:29
At the height of Omicron, consumers boosted their spending on goods but cut back on services. Will services spending roar back?
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Roblox Shares Fall More Than 20% as Earnings Disappoint

Wall Street Journal - 16 Feb 2022 18:16
The online-entertainment company's quarterly results added to investors' concerns about its ability to grow users as the pandemic fades.
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What's Happening With Xpeng Stock?

Forbes - 16 Feb 2022 18:00
What's Happening With Xpeng Stock? Chinese electric vehicle major Xpeng's stock (NYSE: XPEV) has declined by over 25% year-to-date, driven by the broader sell-off in growth stocks and the geopolitical tension relating to Russia and Ukraine. However, there...
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The country made bitcoin legal tender last September and now is aiming to raise $1 billion to fund expansive economic policies by cashing in on the crypto craze. But the IMF warns bitcoin is too risky, and Salvadorans ar...
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3 REITs Growing Dividends 62%+

Forbes - 16 Feb 2022 17:45
3 REITs Growing Dividends 62%+ There's a "double shot" of upside waiting for us in real estate investment trusts (REITs) right now.
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Earnings Preview: What To Expect From Nvidia Today Earnings Preview: What To Expect From Nvidia Today. Here's a closer look
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Has Performance Food Stock Peaked After A 20% Surge? Performance Food Group stock has soared 20% in just the last one week, completely outperforming the S&P 500 which declined 1.5% during this period. If you look at the change over the last ten days and one month, PFGC sto...
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