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Market News

Location American Market News for 10 May 2022
Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.
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Treasury Secretary Janet Yellen expressed hope that Congress will pass legislation this year to create a regulatory framework for stablecoins.
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China's Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets Geely Auto's parent company also controls Volvo, Polestar
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SoFi blamed the early release of its results on human error, according to CNBC's Kate Rooney.
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Why risk-taking Scripbox CEO abides by asset allocation principles Scripbox CEO identifies himself as a high risk-taking investor but abides by the asset allocation principles
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The Mortgage Refi Boom Is Running Out

Wall Street Journal - 10 May 2022 20:23
Rising interest rates dealt a blow to mortgage originations in the first quarter, with issuance down 25% from a year earlier.
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The Worst Of The Stock Market Crash May Be Yet To Come, According To Wall Street's 'Fear Gauge' Signal "If investors truly believed the bottom was near, we would likely see an even higher VIX," says one analyst who warns of a "deeper selloff" ahead.
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Which international funds are still open for investments? Feeder funds or the fund of funds investing in the exchange-traded funds abroad are still open for investments
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How is LTCG taxed if property is sold to buy a new house? Section 54 of the Income Tax Act of 1961 provides for exemption against the LTCG arising from the sale of a residential house (original asset)
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Coinbase Stock Keeps Sliding

Wall Street Journal - 10 May 2022 18:55
Shares of the largest U.S. crypto exchange, which is due to report earnings late Tuesday, are off 79% from their November high amid broad market uncertainty.
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Discrimination by cos against IEPF claimants

livemint.com - 10 May 2022 18:41
Discrimination by cos against IEPF claimants Shareholders are entitled to receive unpaid and unclaimed dividends lying with companies
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Warren Backs Student Loan Relief, But Makes Case For Targeted Student Loan Forgiveness Did Elizabeth Warren make the case for targeted student loan cancellation?
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Can Ericsson Bounce Back From 20% Decline Last Month? Ericsson's most recent Q1 '22 earnings saw revenue rise to $5.47 billion, up from $4.94 billion in Q1 '21.
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'Buy the Dip' Believers Are Tested by Market's Downward Slide

Wall Street Journal - 10 May 2022 17:37
Small investors continue to pour money into stocks despite the grimmest outlook in years for interest rates and a possible recession, holding fast to the belief that discounted shares will eventually rise; 'When the mark...
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How Has Texas Instruments Stock Managed To Outperform The Markets Since '18? During this period, the company also witnessed a steady rise in revenue, and a substantial drop in the outstanding share count, which further boosted the company's revenue per share and stock price.
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Netflix Teases Peloton's Next Problem

Wall Street Journal - 10 May 2022 17:22
Under its new chief executive officer, Peloton is shifting focus from hardware to software in an effort to reignite its stock.
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Amazon Stock Missed The Earnings Consensus In Q1, Is It A Buy? This was driven by an 8% rise in North America sales and a 37% jump in the AWS revenues, partially offset by a 6% drop in the international sales.
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This Stock Has A 1.95% Yield And Sells For Less Than Book Capital One Financial has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report.
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Can Tripadvisor's Stock Rebound After An 11% Decline?? Tripadvisor's stock (NASDAQ : TRIP), an online travel company providing booking for hotel...reservations, transportation, lodging, travel experiences, and restaurants, has declined by almost 11% over the last five days (...
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Focus On Fundamentals In Stormy Markets: Johnson & Johnson (JNJ) Fundamental research might seem boring, but it is the only way to find companies that generate real profits and have stocks that carry less risk.
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This Crash Has Changed Retirement. Here's What We'll Do Most investors I speak to have no idea how much they'll need to retire...
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China Currency Crisis May Get a Sequel

Wall Street Journal - 10 May 2022 16:03
China's bulwarks against currency depreciation and capital outflows are stronger in some ways than in 2015, but the external environment is more threatening.
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