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Market News

Location American Market News for 12 July 2022
PepsiCo raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade, even as prices increased.
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Wall Street Firms Slash S&P 500 Price Targets As 'Concerned' Analysts Warn Of Earnings Slowdown Corporate earnings kick off this week and are "under pressure" as recession fears escalate, analysts warn.
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The output figures raised fresh concerns about whether the cartel is capable of easing the worst supply crisis in decades ahead of a meeting between President Biden and the group's largest members
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Animoca Brands Hits $5.9 Billion Valuation As Crypto Winter Deepens Blockchain game maker and crypto investor Animoca Brands has secured $75 million in a funding round that values the Hong Kong-based company at $5.9 billion.
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Down 60% This Year, Is WW International Stock Finally Worth A Look? WW International stock has seen a big sell-off this year, declining by about 58% year-to-date to levels of around $7 per share.
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Surging Dollar Is Bad New For Stocks--History Shows Markets Won't Recover Until Greenback Falls Unstable foreign-exchange markets have been a common feature of every significant global market dislocation since 1970, analysts note.
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Recession-Proof REITs: Senior Housing Demand Bounces Back After Two Catastrophic Years Covid-19 wreaked havoc on senior housing facilities during the pandemic, but experts say occupancy is returning to normal and opportunity is ripe for investors.
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How NRIs can benefit from their NRE, FCNR accounts till 31 Oct With RBI removing the cap on interest rates till 31 October, NRIs can earn more from deposits in these accounts
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All that shareholders need to know before attending an e-AGM The e-voting platforms of NSDL and CDSL allow share-holders to register for e-voting
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Can my wife sell our flat, invest in infra bonds in her name? As per provisions of the I-T Act, the buyer is required to deduct tax at source (TDS) at the time of making payments if the total sales consideration exceeds ₹50 lakh
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Is high inflation a big concern for equity investors? It should not deter investors who have a long-term horizon of 10 years or more
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Peloton Backpedals in Right Direction

Wall Street Journal - 12 Jul 2022 18:08
Fitness company says it will outsource its manufacturing as it steers toward more sustainable growth.
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Where to invest to accumulate Rs2 crore for child's education by 2033? To achieve a corpus of Rs2 crore in 11 years, you would need to save and invest about Rs73,000 every month in an aggressive portfolio
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Fintechs Use Regtech To Stay Ahead Of The Curve Regtech products are typically designed to make compliance processes simpler and more streamlined. Achieving the promise of growth for fintechs means optimizing innovation within the context of regulatory compliance.
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Crypto Sellers Should Flock To This 7.3% Dividend Crypto is a mess, and many (former) crypto fans are finally realizing that shares of companies that make goods and services people actually want--and pay dividends--are the place to be.
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What To Expect From American International Group Stock? American International Group's stock (NYSE: AIG) has lost 9% YTD, while the S&P500 is down 18% over the same period.
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Mortgage Giant Cuts Thousands Of Jobs--Warns Of 'Accelerated' Downturn As Housing Market Abruptly Collapses "After two years of record-breaking volumes, the market has contracted sharply and abruptly in 2022," loanDepot's CEO said Tuesday.
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Lessons from Lithuania's David-Goliath Clash with China

Wall Street Journal - 12 Jul 2022 15:44
A trade conflict between one of the world's largest economic powers and one of the European Union's smallest is highlighting some interesting truths about the modern global economy.
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With Much Bad News Priced In, Is Ford Stock Finally Poised To Rally? Ford stock has declined by around 17% over the last month, underperforming the S&P 500 which remains down by roughly 6% over the same period.
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Jabil's Unique Expertise And Secular Tailwinds Drive Profit Growth Jabil's Stock Offers Favorable Risk/Reward Based on the Company's manufacturing and design expertise and strong customer relationships.
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What Your New Student Loan Servicer Means For Student Loan Forgiveness Here's what you need to know about student loan forgiveness.
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Should You Buy Boeing Stock At $140?

Forbes - 12 Jul 2022 13:15
Should You Buy Boeing Stock At $140? After a 33% fall year-to-date, at the current levels, we believe Boeing stock (NYSE: BA) looks undervalued.
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