Market News
What's Next For Shopify Stock After Tough Q2 Report?
Forbes - 9 Aug 2022 14:00
Shopify stock (NYSE: SHOP) has gained almost 17% over the last week (five trading days) as investors embraced technology and growth stocks once again, following strong results from tech majors like Alphabet and also anti...
Sweetgreen's stock plummets after salad chain lowers forecast, announces layoffs and office downsizing
CNBC - 9 Aug 2022 23:38
Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.
Coinbase Posts Steep Second-Quarter Loss Amid Crypto Meltdown
Wall Street Journal - 9 Aug 2022 23:22
The largest U.S. crypto exchange reported its second consecutive quarter of losses.
Roblox misses on top and bottom, shares dip 12%
CNBC - 9 Aug 2022 22:47
Roblox reported second-quarter results on Tuesday that missed analyst estimates on the top and bottom lines.
Norwegian Cruise Line shares fall as revenue, outlook lag pre-pandemic levels
CNBC - 9 Aug 2022 22:06
The company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.
Some Experts Are Warning Of A 'Bear Market Rally'--Here's Why Stocks Could Hit New Lows
Forbes - 9 Aug 2022 20:29
Recent optimism about a market rebound may be "overdone," analysts caution.
Micron Rains on Government's Chip Parade
Wall Street Journal - 9 Aug 2022 19:53
President Biden's signing of the Chips Act is greeted with a broad warning of demand slowdown by the memory-chip maker.
What's lifestyle stagnation - and how a techie got over it
livemint.com - 9 Aug 2022 19:19
Compartmentalising and assigning existing savings to different goals helped Rao make most of his investments.
Tax on your gold and real estate investments
livemint.com - 9 Aug 2022 19:09
Real estate and gold have traditionally formed a large chunk of Indian investors' portfolios
What should investors in China and Taiwan funds do now?
livemint.com - 9 Aug 2022 18:55
Investors should look at a horizon of 6-7 years while investing in the funds focused on the Greater China region
Is MF exposure to IndoStar Capital a cause for concern?
livemint.com - 9 Aug 2022 18:45
MF exposure to the company's debt instruments amounts to ₹482 crore (as of July 2022), as per data from Ace MF
Inflation Reduction Act Could Supercharge Grid Energy Storage
Wall Street Journal - 9 Aug 2022 18:20
The Inflation Reduction Act includes a tax credit for stand-alone energy storage for the first time, a potential game-changer for the technology.
ELSS mutual fund inflows drop over 48% in July: Should you invest?
livemint.com - 9 Aug 2022 17:50
According to monthly data issued by the Association of Mutual Funds in India, net positive inflows to equity mutual funds decreased by 42% in July to ₹8,898.25 crore from ₹15,497.76 crore in June 2022.
What To Expect From REX American Resources Stock After Stock Split?
Forbes - 9 Aug 2022 17:00
REX American Resources stock (NYSE: REX) has lost 1.9% in the last week, underperforming the S&P 500 (up 0.4%).
Senate Bill's $27 Billion in Green Funds Could Be Boon for Private Sector
Wall Street Journal - 9 Aug 2022 16:35
The Inflation Reduction Act includes money for green banks that help funnel funds into renewable projects, giving a boost to private lenders that can invest alongside them.
Russia Stops Oil Flowing Through Pipeline to Central, Eastern Europe
Wall Street Journal - 9 Aug 2022 16:20
Russian oil has stopped flowing through a pipeline that supplies Slovakia, Hungary and the Czech Republic, blaming payment difficulties caused by Western sanctions on Moscow.
3 "Cash Loaded" Funds Almost All Investors Miss (Yields Up To 8%)
Forbes - 9 Aug 2022 16:17
I'm always shocked when dividend investors ignore tech stocks.
BHP's OZ Bid Could Signal a New Dawn for Mining M&A
Wall Street Journal - 9 Aug 2022 16:13
Miners have been hesitant to splurge on big acquisitions since the last big commodity bust. But recent events suggest that may be about to change again.
Should You Buy Electronic Arts Stock At $130?
Forbes - 9 Aug 2022 16:00
Electronic Arts stock (NYSE: EA) reported its Q1 FY23 results last week, with revenue and earnings comfortably above ours and the street estimates.
AMC Stock, Meet APE Stock: AMC's New Shares Spark Controversy
Forbes - 9 Aug 2022 15:54
The meme stock craze hit, and AMC (alongside other meme giants like GME) saw its shares soar - and promptly crater when the rush ended.
Cathie Wood's Ark Invest Buys $60 Million In Nvidia Stock After Chipmaker's $40 Billion Plunge
Forbes - 9 Aug 2022 15:30
The high-profile investor has warned that the economy has fallen into a recession--and her latest splurge comes after Nvidia warned that macroeconomic headwinds led to a revenue shortfall last quarter.