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Market News

Location American Market News for 28 October 2022

What to Do When You Know What Stocks Will Do Next

Wall Street Journal - 28 Oct 2022 16:50
Sometimes, investors think they know exactly what's coming around the corner. That sort of certainty is often dangerous.
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Here's How Qualcomm Stock Has Managed To Double Market Returns Since 2018 However, due to the increased economic uncertainty weighing on the broader markets and ongoing supply chain concerns, the P/S multiple has pulled back, currently standing at around 3.2x. For additional details about the ...
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The interest rate on inflation-adjusted I Bonds is expected to drop to around 6.47% starting Nov. 1.
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Stock Market: Importers Like Target And Nike Gain Strength As neglected stocks, Target and Nike could produce bonus returns
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Dow Rallies 800 Points As Apple Stock Surges--But 'Looming Recession' Could Still Tank Markets, BlackRock Warns The end-of-year optimism may not be justified as the Fed continues its aggressive tightening campaign this year.
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Credit Suisse Looks to Rainmaker to Revive Investment Bank

Wall Street Journal - 28 Oct 2022 21:39
Michael Klein, matchmaker to powerful companies and investors, will now begin a third act--as a major Wall Street CEO at CS First Boston.
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Newell Brands Shares Cross 6% Yield Mark

Forbes - 28 Oct 2022 21:34
Newell Brands Shares Cross 6% Yield Mark In trading on Friday, shares of Newell Brands were yielding above the 6% mark based on its quarterly dividend (annualized to $0.92), with the stock changing hands as low as $14.78 on the day.
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46% Below Peak, Amazon Stock Will Fall On Sputtering Growth Amazon stock is likely to keep falling until the economy gets more robust -- that is not likely until 2024 at the earliest.
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Why A Strong Dollar Is Not As Good As You Think The dollar is at a 20 year high against most major currencies. What can be done about it? And who is impacted the most?
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The Reward Is Growing for Card Lenders but Also the Risks

Wall Street Journal - 28 Oct 2022 19:28
People relying on their cards to borrow portends strong loan growth, but also possibly rising credit risk.
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Where Does Inflation Go From Here?

Forbes - 28 Oct 2022 19:27
Where Does Inflation Go From Here? Will inflation subside sooner than we think? Commonwealth CIO Brad McMillan looks at what's driving inflation and where we go from here.
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Exxon, Chevron Investors Risk Altitude Sickness

Wall Street Journal - 28 Oct 2022 19:01
U.S. major oil companies had another standout quarter: Combined, Exxon and Chevron reported nearly $31 billion in profits.
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Apple's High Note Clears a Low Tech Bar

Wall Street Journal - 28 Oct 2022 18:19
The iPhone maker's decent quarterly results and outlook contrast with negative surprises by big tech peers.
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Tesla Earnings: Is Tesla's Utility Scale Battery Unit A Winner? Tesla saw strong revenue growth in Q3 but still missed on investors' expectations. It also saw massive growth in its energy production and storage businesses.
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How to examine your mutual fund portfolio and maximize returns? For long-term investors seeking to accumulate considerable wealth over time, mutual funds are among the investment options that they favour the most
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Earnings - What Are You Telling Me?

Forbes - 28 Oct 2022 17:22
Earnings - What Are You Telling Me? The upcoming holiday season is a make or break season for many companies and it appears to be shaping up as a weak year.
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10-Year Treasury Yield vs. 10-Year Bond Yield 10-year Treasuries and 10-year corporate bonds are yielding higher rates than at any time in recent history. Should investors jump in or should investors wait and see?
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Porsche's IPO Hasn't Helped Volkswagen Much

Wall Street Journal - 28 Oct 2022 16:43
VW's new CEO sees the listing as a "role model," but none of Porsche's share-price gains have rubbed off on its majority owner.
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Here's How Big Tech Stocks Have Performed In 2022 As FAANG Softens Its Bite Dismal earnings puts tech titans in danger of "losing its luster" for investors, one analyst says.
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Can VF Corp Stock Rebound After Falling 20% Over Last Month? Returns of -2.9% or lower over a ten-day period on 597 occasions out of 2516 (24%); Stock rose in the next ten days in 294 of these 597 instances (49%).
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Consumer Prices Rose Even Faster Last Month--Here's What That Means For The Next Interest Rate Hikes Meanwhile, the personal savings rate fell to the lowest point since April 2008.
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What Meta's Disappointing Earnings Mean For Tech Investors The reasons for the decline boil down to lower spend from advertisers and an increasingly expensive commitment to the metaverse.
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