Market News
CVS Has Little Time to Waste as Amazon, Walgreens Ink Doctor Deals
Wall Street Journal - 10 Nov 2022 15:37
CVS has faced a few short-term setbacks, but investors should support management as it tries to catch up with industry leader UnitedHealth Group and fend off competition from Amazon.
Is Meta Platforms Stock Attractive At The Current Levels?
Forbes - 10 Nov 2022 15:00
This coupled with an annual EPS of $9.20 and a P/E multiple of just below 19x will lead to a valuation of $174.
This Is Why Today's Inflation Number Is Not As Good As It Seems
Forbes - 10 Nov 2022 23:59
The risk that the Fed will cause a recession remains high, and today's strong equity rally seems to downplay that risk. One month showing lower-than-expected CPI will not make the Fed change its course.
Amazon May Not Look Like Amazon for a While
Wall Street Journal - 10 Nov 2022 20:59
The tech giant has a long history of making big-but-calculated bets, but shrinking margins leave less room to experiment.
Silicon Valley Poured Money Into FTX, With Few Strings Attached
Wall Street Journal - 10 Nov 2022 20:08
Investors from Silicon Valley and Wall Street promoted the crypto exchange as a safe bet and invested nearly $2 billion with no oversight on its board.
How to enjoy retirement, but still leave a good nest egg for your children
livemint.com - 10 Nov 2022 20:50
In this month's Ask Encore: Let's say you want to save your principal--or much of it--for your children. Here's what the numbers look like.
What's the forex rate?
livemint.com - 10 Nov 2022 20:00
Here's the list of INR to USD forex rates offered by some of the major banks and travel aggregatprs.
American Luxury Brands Just Keep Raising Prices
Wall Street Journal - 10 Nov 2022 19:56
Customers have continued to buy upscale products, but signs of weakness are emerging.
Can sectoral funds be used to boost your overall portfolio returns?
livemint.com - 10 Nov 2022 19:53
An effective way to play upswing in a sector or a theme is via funds tracking segments
All you need to know about creating a private trust
livemint.com - 10 Nov 2022 19:36
A trust can help in consolidating assets, smooth succession and even ring-fencing your assets
Tesla Stock 'Tarnished' By Musk's Twitter Antics--'Very Nervous' Months Ahead After $650 Billion Crash, Analyst Warns
Forbes - 10 Nov 2022 18:53
"Musk has managed to do what the bears have unsuccessfully tried for years--crush Tesla's stock by his own doing," laments one longtime Tesla bull.
Easing Inflation Ignites Bond-Market Rally
Wall Street Journal - 10 Nov 2022 18:51
U.S. government bond yields headed for their steepest one-day declines in more than a decade Thursday after fresh data showed inflation fell more than expected.
The Inflation Cooldown Is Finally Here
Wall Street Journal - 10 Nov 2022 18:34
There are several reasons to expect inflation will keep losing momentum in the months ahead.
Markets Soar As Inflation Hits Lowest Level Since January
Forbes - 10 Nov 2022 18:11
The consumer price index in the US hit its lowest level since January in signs that the Fed's aggressive rate hike policy may finally be starting to have an impact.
What should be the strategy to rebalance your mutual fund portfolio?
livemint.com - 10 Nov 2022 17:59
Rebalancing your portfolio in every market or economic condition is strongly recommended by specialists in the field to improve risk control over a certain investment, asset class, or fund type.
FTX Tapped Into Customer Accounts to Fund Risky Bets
Wall Street Journal - 10 Nov 2022 17:22
Crypto exchange FTX lent billions of dollars worth of customer assets to fund bets by its affiliated trading firm, Alameda Research, setting the stage for the exchange's implosion, a person familiar with the matter said.
The Best Bonds To Buy For A 2023 Recession
Forbes - 10 Nov 2022 16:56
One week ago, money-printer-turned-inflation-hawk Jay Powell told the world he was going to keep hiking interest rates.
Why Is Crypto Crashing? The FTX Saga Explained
Forbes - 10 Nov 2022 16:09
After announcing a rescue acquisition of FTX, Binance has pulled out of the deal citing concerns about their business practices and ongoing investigations from US regulators.
Up 10% Last Month, Alaska Airlines Stock Set To Sustain Its Outperformance?
Forbes - 10 Nov 2022 16:00
Is Alaska Air stock set to continue its outperformance or could we expect a pullback?
Stock Futures Tick Higher Ahead of Inflation Data
Wall Street Journal - 10 Nov 2022 15:55
U.S. stock futures jumped after data showed inflation was weaker than expected in October. Investors continued to watch for spillover from turmoil in cryptocurrencies.
Inflation Climbed 7.7% In October: Slowest Pace Since January But Still 'Historically High'
Forbes - 10 Nov 2022 15:52
One economist calls the report "welcome news" but warns the Fed will continue to tightening monetary policy "until it is clear inflation is in a persistent downtrend." This one reading won't cut it.