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Market News

Location American Market News for 1 June 2022

Dow Stocks To Trade In June

Forbes - 1 Jun 2022 22:15
Dow Stocks To Trade In June Here are the long and short candidates for the month of June.
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Is Silver Breaking Down From Its Trading Range? Silver is attempting to break down from its $22 to $30 trading range that has formed over the past two years.
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These two NBFCs offer inflation-beating FD rates, senior citizens can earn up to 8.4% Amidst policy repo rate hikes, fixed deposits generally become attractive. And with volatile equity markets lingering still, FDs have become a better resort for investment. 
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Investors Spot Bargains Among Small-Cap Stocks

Wall Street Journal - 1 Jun 2022 11:30
Shares of smaller U.S. companies have taken a drubbing, leading some investors to say they are starting to see a deal.
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Prosecutors said the case is the first to involve alleged insider trading of NFTs.
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GameStop reported its first-quarter 2022 earnings after the bell on Wednesday.
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Earnings Preview: What To Expect From Crowdstrike On Thursday Crowdstrike Holdings Inc. is scheduled to report earnings after Thursday's close.
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Earnings Preview: What To Expect From Ciena On Thursday Ciena Corporation is scheduled to report earnings before Thursday's open.
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How an MF honcho invests his money

livemint.com - 1 Jun 2022 20:44
How an MF honcho invests his money Two-thirds of his equity portfolio is in PPFAS shares, rest in its equity mutual fund schemes
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Binance Raises $500 Million Fund for Crypto Investments

Wall Street Journal - 1 Jun 2022 20:16
The investment capital comes despite a big pullback in cryptocurrency prices.
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Why motor insurers don't cover consequential damages As per motor insurance regulations, insurers don't cover consequential damages under a motor insurance policy
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Should tracking error be used for active funds?

livemint.com - 1 Jun 2022 19:34
Should tracking error be used for active funds? Low tracking error can identify closet index funds and a high error can signal risk
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Equity MF options for moderate and high-risk investors When it comes to the portfolio, please have a large-cap index fund (UTI Nifty Index), a flexi-cap fund (Parag Parikh Flexi cap), and a hybrid fund (ICICI Prudential Balanced Advantage)
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5 Market-Beating Yields Defying This Downturn In the current environment, with more downside likely to come, one of the best things you and I can do is nothing.
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SeatGeek and Forbes Nix SPAC Deals During Market Pullback

Wall Street Journal - 1 Jun 2022 18:12
Souring investor sentiment has many would-be public firms reconsidering plans to list via blank-check companies.
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Alibaba Update: It's Down 75%. Is It Still A Value Play? Alibaba is cheaper today than 8 years ago. Is this one of life's great rarities? - a Second Chance for investors to redeem a missed opportunity? Or is it a sign of stagnation? A huge trap?
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Communist Party, Military Themes Help Struggling Alibaba Entertainment Unit Turn A Profit Company boasts "many exceptional films in celebration of Chinese spirits, Chinese values, as well as China's strengths and esthetics"
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Consumer Confidence Declined In May Amid Inflation And Rising Interest Rates Consumers have worries about climbing food and energy prices that are straining their budgets for big-ticket items like cars and homes.
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Victoria's Secret Is Still a Show-Me Story

Wall Street Journal - 1 Jun 2022 17:36
The makeover at the intimates brand is well under way, even though it isn't fully visible to investors yet.
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Shanghai Is Back, but China's Young Workers Are Still Stuck

Wall Street Journal - 1 Jun 2022 16:52
China's economy is struggling to produce enough jobs for its educated workforce--a problem that could persist even after Covid-19 curbs are finally lifted.
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Jack Ma's Ant Group Revamps Its Board

Wall Street Journal - 1 Jun 2022 16:23
The Chinese financial-technology giant said the chairman of the Hong Kong stock exchange's operator has joined its board, as it continues an overhaul following its canceled IPO in 2020.
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ICICI HFC offers up to 7.25% interest rate on AAA rated fixed deposit ICICI Home Finance Company Limited (ICICI HFC) is a wholly-owned subsidiary of ICICI Bank Ltd and is a Housing Finance Company regulated by the Reserve Bank of India (RBI). ICICI Housing Finance Company's fixed deposits ...
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