Market News
These Americans Aren't Bothered by Stock Market's Terrible Year
Wall Street Journal - 19 Oct 2022 15:00
Some say they can't afford to put money into the market while others think there are better routes to wealth.
How Long Did The Great Recession Last In 2008?
Forbes - 19 Oct 2022 13:30
The Great Recession was an epic financial meltdown for individuals and institutions. With talk of the economy entering another recession, let's look back at the causes of the 2008 recession and learn how this next one wi...
Hong Kong's Stock Exchange Proposes Pre-Revenue Tech Listings
Wall Street Journal - 19 Oct 2022 13:16
The move is an attempt to expand the number of potential IPOs in a market that has struggled this year.
Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown
CNBC - 19 Oct 2022 00:21
Netflix reported third-quarter earnings after the bell. Here are the results.
The Recession Meme Is Intense: But Can The Market See Around The Corner?
Forbes - 19 Oct 2022 23:58
The stock market is capable of remarkable clairvoyance. But sometimes its vision seems blocked. Lately, fear of a Rrrr-Recession is the blocker. When the "unblocking" moment comes it often drives a dramatic market revers...
IBM surpasses quarterly projections and lifts its full-year revenue forecast
CNBC - 19 Oct 2022 23:03
IBM saw a jump in mainframe computer and transaction-processing software sales in its first full quarter of sales of a new version, the z16, in May.
Tesla comes in light on revenue, beats on earnings
CNBC - 19 Oct 2022 22:47
Tesla's net income (GAAP) for Q3 2022 reached $3.33 billion and automotive margins remained stable at 27.9%.
Adjusting To New Realities In A Changed World
Forbes - 19 Oct 2022 22:27
The world is changed. Everything needs to be questioned. Tailwinds are now headwinds. Markets are in denial. Get ready for de-globalization.
Investors Wary of Steering Into Auto Loans
Wall Street Journal - 19 Oct 2022 21:09
A jump in auto-loan losses at Ally Financial, to levels still below 2019, has spooked investors already worried about consumer health.
Here is what you should know about the Bima Sugam portal
livemint.com - 19 Oct 2022 19:37
The online platform will provide you with a one-stop destination for all insurance needs, providing services like buying insurance policies, portability facilities, change of insurance agents and settling of claims
Market-linked debentures: Are they real or illusory?
livemint.com - 19 Oct 2022 19:27
MLDs are tax-efficient, usually listed, and the capital gains form them are taxed at 10%
Rapid Covid Tests Can't Keep Abbott Healthy Forever
Wall Street Journal - 19 Oct 2022 19:25
While Abbott Laboratories beat analysts' expectations due to demand for Covid-19 at-home tests, a decline by its medical-device business and broader headwinds helped send its shares down.
Bank of India (BOI) cuts home loan interest rates to 8.30%
livemint.com - 19 Oct 2022 19:24United Airlines Stock Options Pop After Post-Earnings Surge
Forbes - 19 Oct 2022 19:11
Shares of United Airlines (UAL) are soaring this afternoon, last seen 7.5% higher to trade at $40.06 following the company's third-quarter financial results.
Intel Reports After The Close On 10/27 -- Options Contracts Expire The Next Day
Forbes - 19 Oct 2022 18:38
According to NextEarningsDate.com, the Intel INTC next earnings date is projected to be 10/27 after the close, with earnings estimates of $0.34/share on $15.43 Billion of revenue.
Netflix Stock Hits 6-Month High -- Even As Wall Street Remains Skeptical
Forbes - 19 Oct 2022 18:01
Surprisingly strong earnings on Tuesday came on the heels of Netflix's announcement to crack down on password sharing and launch an ad-supported cheaper monthly option.
U.S. Dollar Climbs To Highest Since 1990 Against Japanese Yen
Forbes - 19 Oct 2022 17:59
The U.S. dollar rose to its highest value in over 30 years relative to the Japanese yen. The greenback has been showing sustained strength, a development that could reduce demand for assets denominated in the currency, f...
A Building Problem for America's Housing Market
Wall Street Journal - 19 Oct 2022 17:50
Home builders are pulling back in the face of higher rates. Over the long haul that will only exacerbate America's housing problem.
Jeff Bezos Says It's Time To "Batten Down The Hatches" In Latest Recession Warning
Forbes - 19 Oct 2022 17:15
Jeff Bezos is the latest high profile CEO to state that it looks like the US is heading for a recession according to a tweet he sent on Tuesday.
Insiders Love These 2 Dividends (Growing 275%+)
Forbes - 19 Oct 2022 15:51
We have plenty of cheap dividend stocks to buy today.
Stocks Falter As New Construction Data Shows There's 'More Downside To Go'
Forbes - 19 Oct 2022 15:42
"Housing is still slowing and has more downside to go," Jeffrey Roach, chief economist for LPL Financial, said Wednesday.
Nestlé Faces a Chilly Winter Back Home
Wall Street Journal - 19 Oct 2022 15:28
The Swiss food company has succeeded in passing cost inflation on to consumers so far, but high energy bills are about to pinch shoppers in Europe.