Market News
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.
Target shares sink more than 20% after company says high costs, inventory woes hit profits
CNBC - 18 May 2022 13:43
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.
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.
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.
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.
Mike Novogratz Says 'Crypto Revolution Is Here to Stay' Despite Selloff
Wall Street Journal - 18 May 2022 23:30
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.
Bath & Body Works shares fall as retailer cuts profit outlook due to inflation
CNBC - 18 May 2022 23:17
Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.
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.
Cisco stock plunges 17% as company forecasts surprising revenue decline
CNBC - 18 May 2022 22:55
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.
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.
Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring--Spurring 'Dramatic' Earnings Shortfall
Forbes - 18 May 2022 22:09Investors Want To Run Away, But There's Nowhere To Hide
Forbes - 18 May 2022 22:03Why Karan Bhagat of IIFL cut his exposure to equity
livemint.com - 18 May 2022 21:47
When the markets rose during covid, Bhagat kept his equity exposure limited to 20-40%
Walmart and Target Miss Quarterly Estimates, Dramatically
Forbes - 18 May 2022 19:23Target'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.
Are We In A Bear Market? Here's How To Tell
Forbes - 18 May 2022 19:07What are the routes for exposure to gold in your portfolio?
livemint.com - 18 May 2022 18:45
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
Ways to consider financing your second-hand car purchase
livemint.com - 18 May 2022 18:24
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
Investment framework for an all-weather portfolio
livemint.com - 18 May 2022 18:10
Under market cap equity framework, you can go for 60:40 core-satellite