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Market News

Location American Market News for 13 May 2022

Toshiba Shareholder Payday Still Has One More Hurdle: Tokyo

Wall Street Journal - 13 May 2022 12:18
After years of delays and deflections, Toshiba management has finally agreed to consider selling the company. But Tokyo will still have the ultimate say.
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Investors Face a World Where Stocks No Longer Reign

Wall Street Journal - 13 May 2022 11:30
The age-old mantra of "there is no alternative" to stocks gets a stiff test as market losses mount, inflation accelerates and interest rates rise
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Why Did Cryptocurrencies TerraUSD and Luna Unravel?

Wall Street Journal - 13 May 2022 19:37
Stablecoins, a breed of cryptocurrencies touted for their purported stability, have come under scrutiny after TerraUSD and Luna tumbled, saddling investors with billions of dollars in losses.
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Musk Ruffles Twitter's Feathers

Wall Street Journal - 13 May 2022 18:01
Twitter stock has lost its perch and hasn't found a safe landing spot yet after an Elon Musk tweet worried investors that his deal for the company won't close.
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Cryptos Break Down Below Previous Support, Then Bounce: Bitcoin, Ethereum, XRP When that previous buy zone is violated -- more sellers than buyers -- it gets noticed by both artificial intelligence and mere humans.
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What to Know if You Want to Buy the Dip

Wall Street Journal - 13 May 2022 17:10
The stock market's volatility may last longer than investors have come to expect--but you can still prosper with discipline, patience and courage.
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Is HSBC Stock Undervalued?

Forbes - 13 May 2022 17:00
Is HSBC Stock Undervalued? This could be attributed to a 7% y-o-y drop in the wealth & personal banking unit, followed by a 4% decline in global banking & markets.
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Twitter Stock Drops on Deal Holdup

Wall Street Journal - 13 May 2022 16:04
Shares of the social-media company fell after Elon Musk said his deal to buy it was on hold.
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After Shedding 17% Last Month, Akamai Stock Looks Set To Turn Things Around If you look at the change over the last ten days, too, the stock has lost 14%, underperforming the broader markets strongly.
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Stellar Revenue Growth Has Helped Qualcomm Return 2x The Market Returns Over the same period, the S&P 500 returned around 65%, meaning that Qualcomm stock managed to post double these returns since 2018-end.
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Is The Crypto Crash A Sign Of Trouble Or A Time To Buy The Dip? Bitcoin and other cryptocurrencies have seen massive losses this week, with some holders losing life savings. Now is a tough time to navigate the crypto world, but Q.ai is here to help.
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27% Under $54.20, Musk Could Cut New Twitter Deal At $34.20 With Twitter stock down and Tesla stock up, investors expect Musk to break his $44 billion take private deal
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What's Happening With Rivian Stock?

Forbes - 13 May 2022 14:00
What's Happening With Rivian Stock? Part of the sell-off is due to fundamental factors, including Rivian's slower than expected production ramp and rising inflation, and supply-chain issues.
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We're Only The crypto price rout isn't over. Industry insiders warn of another wave of panic selling as the price of bitcoin, ethereum, BNB, XRP, terra's luna, solana, cardano, dogecoin go into free fall.
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Europe's Gas Market Is Still Counting on Russian Supplies

Wall Street Journal - 13 May 2022 11:31
Russia has reliably provided gas to Western Europe for decades, but the risk of a cutoff keeps rising.
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TikTok Is Eating Up Rivals. Can It Keep Users Hooked?

Wall Street Journal - 13 May 2022 11:30
The app capitalized on consumers' bite-sized attention span. Now rivals are competing for the same eyeballs.
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Summer Jobs for Teens Come With Tax Traps, Benefits

Wall Street Journal - 13 May 2022 11:30
Young workers' first paychecks can offer a great introduction to one of life's few certainties. Here's what they--and their parents--need to know about that first brush with the IRS.
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Record Diesel Pressures European Drivers, U.S. Deliveries

Wall Street Journal - 13 May 2022 11:30
Europe is particularly vulnerable to a global shortfall of the fuel as imports from Russia are expected to slump when sanctions tighten.
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More Than $1 Trillion of Crypto Vanished in Just Six Months

Wall Street Journal - 13 May 2022 11:30
Traders' flight from risky investments has halved the price of bitcoin and other cryptocurrencies as investors shy away from risk.
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Tech Futures Rally After Bruising Trading Week

Wall Street Journal - 13 May 2022 10:52
U.S. stock futures rose, suggesting markets could stage a relief rally at the end of a punishing week of losses across major indexes.
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