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Market News

Location American Market News for 18 May 2022

Tencent's Earnings Are a Bad Omen for Chinese Tech

Wall Street Journal - 18 May 2022 14:24
China's most valuable internet company is contending with a toxic mix of slowing consumption and regulatory overhang at home, and the same forces punishing other tech firms abroad.
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The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips.
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Can Elon Musk Just Walk Away From Twitter?

Wall Street Journal - 18 May 2022 17:04
Here are the Tesla chief executive's options should he try to exit his $44-billion acquisition of the social media company.
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Stock Selloff Crunches SPAC Creators

Wall Street Journal - 18 May 2022 11:33
An investor stampede out of risky trades is squeezing special-purpose acquisition companies that are running out of time to find businesses to take public.
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Melvin Capital to Close Funds, Return Cash to Investors

Wall Street Journal - 18 May 2022 23:56
The move caps a stunning reversal for a firm that lost big on the surge in meme stocks in the early days of the Covid-19 pandemic.
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Galaxy Digital Holdings' Mike Novogratz assured investors that "crypto is not going away," even as inflation, rising interest rates and a massive selloff have rattled the markets for digital assets.
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Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.
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More Crypto Market Pain Seen by SEC Chairman

Wall Street Journal - 18 May 2022 23:09
"A lot of these tokens will fail," top official Gary Gensler told reporters after a congressional hearing.
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Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia and Ukraine.
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Elon Musk Calls ESG 'An Outrageous Scam'

Wall Street Journal - 18 May 2022 22:21
The Tesla chief executive's comments followed the removal of his company's stock from an index that tracks environmental, social and governance principles.
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Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring--Spurring 'Dramatic' Earnings Shortfall "Inflation always hits the lower-income cohorts hardest and first," and the latest retail results show how that's playing out, one expert says.
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Investors Want To Run Away, But There's Nowhere To Hide With the equity and fixed income markets plunging in recent weeks, investors would be running for the hills if they knew where to hide. Commodities are one option, but not all commodities are created equal.
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Why Karan Bhagat of IIFL cut his exposure to equity

livemint.com - 18 May 2022 21:47
Why Karan Bhagat of IIFL cut his exposure to equity When the markets rose during covid, Bhagat kept his equity exposure limited to 20-40%
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Walmart and Target Miss Quarterly Estimates, Dramatically This was the backdrop of this week's highly anticipated retail earnings reports by some of the biggest leading retailers.
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Target's Miss Hits Retailers Hard

Wall Street Journal - 18 May 2022 19:08
Target's worse-than-expected results are just a glimpse of challenges facing other retailers.
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Are We In A Bear Market? Here's How To Tell

Forbes - 18 May 2022 19:07
Are We In A Bear Market? Here's How To Tell Between investor sentiment and economic factors, market indices currently border on bear market declines--but we're still in correction territory.
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What are the routes for exposure to gold in your portfolio? Gold can offer flat to low returns for a prolonged period and then see very sharp upswings, triggered by a global equity risk-off scenario - i.e., gold typically delivers when equities correct
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Ways to consider financing your second-hand car purchase Before availing a pre-owned carĀ loan, it is better to compare the interest rates and check if the lendersĀ  offer fixed or variable rate of interest
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Investment framework for an all-weather portfolio

livemint.com - 18 May 2022 18:10
Investment framework for an all-weather portfolio Under market cap equity framework, you can go for 60:40 core-satellite
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How To Qualify For $17 Billion Of Student Loan Forgiveness Will your student loans get canceled?
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Here's How Arrow Electronics Stock Managed To Beat The Markets Since 2018 ARW's Total Revenue has grown 23% from $29.7 billion in FY 2018 to $36.5 billion on an LTM basis Arrow's total revenue initially dropped from $29.7 billion in FY 2018 to $28.7 billion in FY 2020 primarily due to the semi...
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Don't Buy A Dividend Stock That Doesn't Have These 3 Things These days, we contrarian income seekers are following a simple rule: "trade lightly."
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