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Market News

Location American Market News for 25 October 2022
Alphabet is expected to report its weakest revenue growth for any period since 2013.
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Adidas Stock Drops 6% As Company Takes $247 Million Loss On Kanye Adidas shares are down 15% since Thursday as the company deals with stagnating sales and a rash of anti-Semitic comments from its highest-paid employee.
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The auto industry's earnings and forecasts are being closely watched by Wall Street for any signs that consumer demand could be weakening.
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Spotify shares fell in extended trading Tuesday after reporting a third-quarter loss that was wider than analyst expectations.
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No Automated Profits In Mobileye's IPO

Forbes - 25 Oct 2022 22:07
No Automated Profits In Mobileye's IPO Given increased competition, a history of unprofitability, and an undifferentiated product offering, there are no automated profits in this IPO.
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Investment firm started by former Carlyle executive Sanghyun Lee has bought a roughly 1% stake and is pressing for emphasis on alternative tobacco products and a spinoff of its ginseng business.
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Crypto May Be Gearing Up For Another Sharp Move Though crypto bulls are undoubtedly relieved to see their holdings stabilize rather than plunge, there are several chart patterns forming that indicate that another major move may be imminent.
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Oil-Field Services Drill Down on Pricing Power

Wall Street Journal - 25 Oct 2022 19:10
Shares of companies like Halliburton and SLB have bounced back this year amid an improved outlook for the sector.
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How family members or legal heirs can trace deceased person's assets Tracing such assets will not be easy without access to a deceased's PAN and mobile phone, or email accounts
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What are the legal provisions for gifting a share of Indian business to an NRI s As per Fema, gift of shares by a resident Indian citizen to a person resident outside India (including an NRI) is subject to prior written approval of the Reserve Bank of India (RBI)
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Top 15 health plans

livemint.com - 25 Oct 2022 18:39
Top 15 health plans Check out health plans for different age groups
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GM Had a Good Quarter, but It's Next Year That Counts

Wall Street Journal - 25 Oct 2022 18:33
Investors have every reason to wait for an anticipated consumer downturn to hit Detroit before buying back auto stocks.
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Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel
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Housing Market Collapse: 'Forceful' Slowdown In Home Prices As Warning Signs Become 'Eerily Similar' To 2000s Crisis Americans are now shelling out a higher percentage of their income to make mortgage payments, but record price spikes are finally starting to slow down.
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Is U.S. Steel Set For Tough Q3 Results?

Forbes - 25 Oct 2022 17:00
Is U.S. Steel Set For Tough Q3 Results? We expect adjusted earnings to come in at about $1.95 per share, slightly ahead of consensus estimates although this would mark a significant decline from 2021 when earnings stood at almost $5.36 per share.
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What Are Gold Futures, And How Can You Get Invested? Is gold a smart investment right now?
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Rising Rates Are Banks' Frenemies

Wall Street Journal - 25 Oct 2022 16:52
HSBC and UBS are earning more interest income but a tighter monetary policy is also testing their different business models.
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Coke and Pepsi Wash Down Currency Worries

Wall Street Journal - 25 Oct 2022 16:43
America's global soft drink giants are refreshing investors with their ability to keep growing despite high inflation and extreme currency fluctuations.
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Coca-Cola And General Motors Both Beat Estimates In Q3 Earnings Results The latest companies to provide a pleasant surprise to investors are Coca-Cola and General Motors, who both announced earnings beats on their Q3 earnings calls this morning.
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Wiz Outpacing Palo Alto Networks' 25% Cloud Security Market Growth Palo Alto Networks expects to post 25% growth next year -- if it exceeds that target, shares should rise despite fast-growing competitor, Wiz
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Earnings Preview: What To Expect From Microsoft On Tuesday Microsoft Inc. is scheduled to report earnings after Tuesday's close. Here's a closer look.
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3 Unbelievably Cheap High-Yield CEFs

Forbes - 25 Oct 2022 16:15
3 Unbelievably Cheap High-Yield CEFs These three little-known funds yield up to 13.5%--and their payouts are actually safer than they've been in years, thanks to the Fed-induced selloff.
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