Market News
Nikola stock jumps as EV truck maker reports start to production and surprise Q1 revenue
CNBC - 5 May 2022 15:53
Nikola reported a Q1 loss per share that was narrower than Wall Street expected and confirmed that its fuel cell truck is on track for a 2023 launch.
Shopify stock down 15% after earnings miss, $2.1 billion acquisition of logistics start-up
CNBC - 5 May 2022 15:36
Shopify announced it would buy Deliverr, which provides fulfillment services for online merchants, for $2.1 billion, the largest acquisition in its history.
Relative Strength Alert For Amazon.com
Forbes - 5 May 2022 20:20Sweetgreen losses widen despite 67% jump in quarterly sales
CNBC - 5 May 2022 23:50
Sweetgreen sales jumped 67%, fueled by more customer transactions and menu price hikes.
Peloton Seeks Minority Investment to Shore Up Business
Wall Street Journal - 5 May 2022 22:41
The fitness company is targeting potential investors including industry players and private-equity firms that could take a stake of around 15% to 20%, according to people familiar with the matter.
Bond Slide Intensifies, Rattling Other Markets
Wall Street Journal - 5 May 2022 22:26
The yield on the benchmark 10-year U.S. Treasury settled at 3.066%, its highest close since November 2018.
The Stock Market Panic Is Here
Forbes - 5 May 2022 22:01Bitcoin Slides Below $37,000 as Investors Unwind Risky Bets
Wall Street Journal - 5 May 2022 20:53
Cryptocurrencies have traded more in line with other risk assets, like growth and tech stocks.
How affluent investors are battling rising interest rates
livemint.com - 5 May 2022 20:38
Rich investors, particularly HNIs, had braced for potential rate hikes six-nine months back
How to invest if you want to earn a corpus of ₹75 lakh in 6 years?
livemint.com - 5 May 2022 19:40
The allocation to the equity holdings can be started small via debt hybrid funds as well as balanced advantage funds with the total equity holding not exceeding 10% to start with
What borrowers can do to tackle the rising interest rates on loans
livemint.com - 5 May 2022 19:33
A one-time lump-sum pre-payment erases the added interest from the rate rise
Bausch + Lomb Expected to Price IPO at Low End or Below Targeted Range
Wall Street Journal - 5 May 2022 19:03
The eye-care company, a spinoff of Bausch Health, is set to test the beleaguered new-issue market on Friday.
Shopify's Pain Comes Long Before Gain
Wall Street Journal - 5 May 2022 18:39
Canadian e-commerce upstart Shopify unveiled its $2.1 billion acquisition of fulfillment technology provider Deliverr just in time for the marketwide e-commerce slump.
Should You Pay for Identity-Theft Protection? Ask Yourself These Questions First.
Wall Street Journal - 5 May 2022 18:00
Policies--and prices--vary. So make sure you know what you're buying, and whether you want to do it on your own.
Wayfair Loses Its Way
Wall Street Journal - 5 May 2022 17:30
The online furniture seller is contending with tough conditions for both e-commerce and furniture sales.
Shell's Foggy Outlook Sways Investors but Not Politicians
Wall Street Journal - 5 May 2022 16:42
Record profits have raised the risk of a U.K. windfall tax, even though investors don't expect the good times to last.
Private sector banks hike their fixed deposit rates
livemint.com - 5 May 2022 16:21
Kotak Mahindra Bank said the rate of interest on the popular, 390-day (12 months and 25 days) deposit has been raised by 30 bps to 5.5% and that on the 23-month deposit by 35 bps to 5.6%
Wayfair Stock 78% From Peak, As Active Customer Count Falls 23.4%
Forbes - 5 May 2022 16:20Will Paramount's Streaming Push Help Or Hurt Its Stock?
Forbes - 5 May 2022 16:00A Big Retroactive Check From Social Security Comes With a Big Catch
Wall Street Journal - 5 May 2022 16:00
The payout is hard to resist for many people. But they should resist anyway.
Don't Fight The Fed: Sell These Stocks Now
Forbes - 5 May 2022 15:39Beer Shows Pricing Muscle Despite Its Underdog Status
Wall Street Journal - 5 May 2022 15:08
Global brewers Anheuser-Busch InBev and Heineken managed to charge drinkers more than liquor-obsessed investors expected.