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Market News

Location American Market News for 2 November 2022

Fed Tries to Thread the Needle, Drawing Blood

Wall Street Journal - 2 Nov 2022 22:53
The financialized U.S. economy is at risk if it gets the wrong idea about the Federal Reserve--an effect on full display Wednesday.
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Qualcomm shares fell in extended trading on Wednesday after the chipmaker offered poor first-quarter guidance.
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Why Fed Interest Rate Increases Won't Bring Inflation Down Raising interest rates will not cure inflation since they don't effect prices that are rising most -- energy and food.
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Shares of Airbnb fell Wednesday, a day after the company released third-quarter earnings that beat Wall Street's estimates but fell short on Q4 guidance.
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Spirit Airlines Stock Flashing Bear Signal

Forbes - 2 Nov 2022 21:25
Spirit Airlines Stock Flashing Bear Signal Spirit Airlines (SAVE) has been climbing since the $18 level captured its mid-October lows, though the stock now appears to be running into pressure at the $22 level, which is also the site of its year-to-date breakeven ...
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How this non-binary person navigates renting in Delhi Queer individuals have to overcompensate for their identities to be taken seriously
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Third-quarter results from the two luxury-car makers show what a difference manufacturing efficiency and supply-chain management can make.
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Fed Raises Interest Rates Another 75 Basis Points--Further Pushing Borrowing Costs To Highest Level Since Great Recession Some sectors of the economy have already started tanking, but the Fed's work in taming inflation is far from over.
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Earnings Preview: What To Expect From Crocs On Thursday Earnings Preview: What To Expect From Crocs On Thursday. Here's a closer look.
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RBL Bank revises FD interest rates, senior citizens get additional benefits The new rates have come into effect from November 1, 2022. The new rates vary from 3.25% to 7.25% for the general category, while the rates range from 3.75% to a whopping 7.75% for senior citizens.
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Should your investment portfolio be 'Made in India' only? The need to run a diversified portfolio continues to be relevant for many investors
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Phillips 66 Added As Top 10 Energy Dividend Stock With 3.61% Yield Phillips 66 has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report.
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Do you think it is a good time to invest in long-short funds? Long-short funds follow the investment strategy where they take a long position in undervalued stocks that are expected to do well in the long run and short sell the overvalued stocks where the stock price could fall
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The deal was among several aimed to position the company for growth.
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Blockchain Play-To-Earn Games Like Axie Infinity Have Failed Investors. Now What? Axie may have been a victim of its own popularity, but that won't explain the bloodbath in other GameFi tokens. Still, GameFi's not dead. It's changing.
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The U.S. Treasury Added A Surprise Kicker To New I Bonds The U.S. Treasury added an interest rate kicker to new I Bonds, something it has not done since November 2019.
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Paramount Global missed revenue estimates as revenue declined for its TV networks and advertising.
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Investors need to dig deep to understand what data the different raters are using, and how they are using it.
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Top 5 Renewable Energy Stocks For Q4 2022

Forbes - 2 Nov 2022 16:55
Top 5 Renewable Energy Stocks For Q4 2022 Renewable energy continues to show great potential for investors. But which renewable energy companies you should be watching?
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Stocks Slip Ahead of Fed's Interest-Rate Decision

Wall Street Journal - 2 Nov 2022 16:14
Investors' focus is on the central bank as they await any indication as to how aggressively it may raise interest rates in coming months.
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Earnings Preview: What To Expect From Booking Holdings On Wednesday Earnings Preview: What To Expect From Booking Holdings On Wednesday. Here is a closer look.
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Earnings Preview: What To Expect From Qualcomm On Wednesday Earnings Preview: What To Expect From Qualcomm On Wednesday. Here's a closer look.
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