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Market News

Location American Market News for 4 May 2022

How to Hitch a Ride on the Porsche IPO

Wall Street Journal - 4 May 2022 15:51
The sports-car brand had another excellent quarter ahead of a proposed minority initial public offering by parent company Volkswagen.
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Taco Bell was the only chain in Yum's portfolio to report better-than-expected same-store sales growth.
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California Gov. Gavin Newsom issues order aiming to help the state maintain its central role in crypto and blockchain, by building a regulatory framework and infrastructure.
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Biden Has Power To Cancel Student Loans For Every Federal Borrower, Attorneys General Say These attorneys general say President Biden has the legal authority to enact wide-scale student loan cancellation.
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All three stocks are down sharply from highs: Can the companies regain momentum?
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The Fed Still Isn't the Stock Market's Friend

Wall Street Journal - 4 May 2022 22:34
Wednesday's rally notwithstanding, the central bank could do more damage to equities as it keeps tightening.
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The cash-and-stock deal boosts ICE's involvement in the U.S. mortgage market.
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Things to know before taking a portfolio management services route Experts say one needs to take the advice of an investment advisor before opting for PMS
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Robinhood Launches Stock-Lending Program

Wall Street Journal - 4 May 2022 21:20
The brokerage has struggled to boost revenue and retain customers.
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Earnings Preview: What To Expect From Crocs On Thursday Crocs Inc. is scheduled to report earnings before Thursday's open. Here is a closer look.
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Earnings Preview: What To Expect From Shopify On Thursday Shopify Inc. is scheduled to report earnings. Here is a closer look.
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Fed Authorizes Biggest Interest Rate Hike In 22 Years To Fight Inflation Amid 'Violent' Stock Selloff The Federal Reserve on Wednesday raised interest rates by 50 basis points--the most since May 2000.
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What the Fed's Interest-Rate Increase Means for You

Wall Street Journal - 4 May 2022 20:07
Higher rates could affect how much you pay on your mortgage, credit cards and car loans.
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Binance Picks Paris to Be Regional Hub in Europe

Wall Street Journal - 4 May 2022 19:53
The world's largest crypto exchange, which lacks a headquarters, worked for 18 months to get approval from France's financial regulator
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What are right funds to invest in if you have high-risk appetite? When it comes to equity investing, it is always good to diversify into more than one fund, especially in a category like ELSS funds where the fund manager has a lot of discretion to invest anywhere in the market
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How to tread without fear as an angel investor

livemint.com - 4 May 2022 19:23
How to tread without fear as an angel investor A few steps can help you invest boldly in early-stage ventures of friends or family
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Why you must opt for comprehensive health insurance

livemint.com - 4 May 2022 19:14
Why you must opt for comprehensive health insurance Experts think it is wise to have a separate policy to avoid any hassles during hospitalization
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What is the impact of the RBI rate hike on your debt investments? When yields go up, the bond prices fall, which will result in mark-to-market losses for debt mutual funds
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GameFi: Is This Another Crypto Investor Boondoggle Or What? GameFi tokens like Axie Infinity are now in a deep bear market. That has more to do with investor sentiment than a swipe on the play-to-earn blockchain gamer market that's growing fast.
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AMD Gets Bigger, Better and Cheaper

Wall Street Journal - 4 May 2022 17:28
The chip maker's business is booming while fears of a PC slowdown have cut the stock's premium.
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Warren Buffett Says Crytpo Warren Buffett has shared his opinions on crypto once again. Here's what it all means for investors curious about crypto.
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Europe Picks Up the Energy Weapon

Wall Street Journal - 4 May 2022 17:19
The proposed European Union embargo on Russian oil is a powerful sanction but won't be painless, especially if Moscow retaliates.
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