Market News
Yes Bank revises interest rates on fixed deposits (FDs) and savings accounts
livemint.com - 3 Nov 2022 11:58
One of the leading private sector lenders, Yes Bank has revised its interest rates on savings accounts and fixed deposits of less than ₹2 Cr.
Carl Icahn Has More Than 8% Stake in Crown Holdings
Wall Street Journal - 3 Nov 2022 02:37
The activist investor believes the beverage-can maker should shed noncore assets and buy back more stock.
Etsy shares pop on revenue beat, rosy guidance
CNBC - 3 Nov 2022 00:03
Etsy posted better-than-expected sales for the third quarter, and gave a rosy forecast for the current quarter.
In Brazil, A Lula Win Is Nothing Special For The U.S., Or Europe
Forbes - 3 Nov 2022 23:29
Washington and Brussels love Lula. But while he spoke their language on the campaign trail, neither should expect him to follow their lead on anything.
Consumer Confidence Report, An Economic Preview
Forbes - 3 Nov 2022 23:20
Americans are stressed about inflation, and it's affecting everything from our travel plans to holiday shopping projections. Here's what investors need to know to close the year out strong.
Warner Bros Discovery reports underwhelming revenue, says new streaming service coming earlier
CNBC - 3 Nov 2022 23:19
Warner Bros. Discovery reported third quarter earnings and said its merged HBO Max-Discovery+ streaming service will come in spring instead of summer.
Twilio tumbles after issuing a soft quarterly revenue projection
CNBC - 3 Nov 2022 23:13
Twilio is taking steps to be more efficient in its operations as it aims at adjusted operating profitability in 2023. Layoffs are a part of that effort.
Paypal drops on light revenue forecast for Q4
CNBC - 3 Nov 2022 22:59
PayPal shares fell more than after hours despite beat on earnings and revenue expectations for the third quarter.
DoorDash stock surges after sales beat expectations
CNBC - 3 Nov 2022 22:59
DoorDash reported better-than-expected sales and total orders for the third quarter.
Crypto Exchange Coinbase Posts Third Consecutive Loss
Wall Street Journal - 3 Nov 2022 22:51
The crypto company lost $2.43 a share, slightly worse than analyst estimates.
Shares of Block jump on earnings beat
CNBC - 3 Nov 2022 22:50
Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.
Starbucks earnings beat expectations as consumers spend more in its U.S. stores
CNBC - 3 Nov 2022 22:29
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.
Earnings Preview: What To Expect From Starbucks On Thursday
Forbes - 3 Nov 2022 21:22
Earnings Preview: What To Expect From Starbucks On Thursday
Is the double taxation on buyback of listed shares still required?
livemint.com - 3 Nov 2022 21:09
In July 2019, buyback tax of 20% was extended to all cos, including the listed ones
Where should I invest ₹1 lakh to earn best returns in a short time
livemint.com - 3 Nov 2022 20:57
From a longer-term perspective, in order to get an international fund that is more diversified, you could consider stopping SIPs into the Motilal Oswal Nasdaq 100 fund and invest in HDFC Developed World Indexes Fund of f...
When single premium policies deny you tax benefits
livemint.com - 3 Nov 2022 20:00
If the premium you pay for the SPLI policy is more than 10% of the sum assured, you will not get the tax benefit
Should you pay for health insurance in instalments?
livemint.com - 3 Nov 2022 19:54
Check for riders such as waiting period, discounts, free-look period before taking this route
What Is The Consumer Confidence Index, And What Does It Mean To Investors?
Forbes - 3 Nov 2022 19:00
The Consumer Confidence Index (CCI) helps economists, businesses, and investors better understand the state of mind of consumers in the U.S. Here's what investors need to know about how the report is created.
What The Fed!? Mixed Message Rate Announcement Sends Markets Spinning
Forbes - 3 Nov 2022 18:36
Raising rates more slowly and for longer could help ease the immediate burden on households and give everyone time to adjust.
Stripe to Cut 14% of Jobs
Wall Street Journal - 3 Nov 2022 18:35
One of the world's most highly-valued startups, payment processor Stripe said it is laying off about 14% of its employees and blamed the harsh economic climate.
Adidas Stock: How Did Kanye's Antisemitic Rants Hurt His Sponsors?
Forbes - 3 Nov 2022 18:24
When brands cut ties with a celebrity, there is a financial cost for both parties. Here's how Kanye's rants have hurt his sponsors in the market.
Qualcomm's Longer Life With Apple Comes at a Cost
Wall Street Journal - 3 Nov 2022 18:06
The chip maker will keep Apple's iPhone business a while longer, but a smartphone slowdown hurts its near-term outlook and complicates its diversification plan.