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Market News

Location American Market News for 14 December 2022
Planet delivered record results for the third quarter and forecast nearly $200 million in annual revenue.
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Fed's Walk May Be More Dovish Than Its Talk

Wall Street Journal - 14 Dec 2022 23:37
Federal Reserve policy makers are signaling an intent to keep raising rates for a while. Things could turn out differently.
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The leak has reduced flows of Canadian crude, adding to costs for Gulf Coast refiners and weighing on U.S. oil reserves.
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Robinhood Offers An IRA With A 1% Match

Forbes - 14 Dec 2022 21:18
Robinhood Offers An IRA With A 1% Match Robinhood's new IRA matching program won't make you rich, but it is innovative. And for anyone working part-time, or just gigging, it could inspire a whole new cohort of savers.
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Fed Raises Interest Rates Another 50 Basis Points--Signals More Hikes To Come Next Year Despite a promising inflation report, the Fed's work in taming surging prices is far from over.
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Bull Signal Predicts More Highs for Solar Stock Solar panel maker First Solar (FSLR) is outperforming the broader market, up 82% year-to-date.
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TUI Shares Slump 8% Despite Return To Profit. Here's What The Analysts Say Trading at travel giant is improving strongly following the end of Covid-19 lockdowns.
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Sam Bankman-Fried has tried to shift the blame for FTX's collapse to Alameda. Regulators said it was really he who was running the crypto trading firm.
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Top 10 Most Active Stocks Of 2022 - A List Of The Year's Big Movers The most actively traded stocks tend to be large cap stocks with a lot of interest from investors. Here are the most traded stocks in 2022 and their outlook moving forward.
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FTX Founder and CEO, Sam Bankman-Fried, Arrested In The Bahamas FTX founder and CEO Sam Bankman-Fried was arrested in the Bahamas Monday; it's expected he will be extradited to the U.S.
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Regulators are set to propose the biggest changes to U.S. stock-market rules since the mid-2000s, aiming to give small investors better prices on their trades.
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AIG to Shut Unit That Failed in Financial Crisis

Wall Street Journal - 14 Dec 2022 17:52
The Financial Products unit filed for bankruptcy in a step toward its final shutdown.
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Nuclear Fusion Breakthrough: The Future Of Clean, Limitless Energy Battery technology could advance, allowing for mass adoption of clean energy production and storage for homes, vehicles and more.
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How To Avoid The Worst Style Mutual Funds 4Q22 The large number of mutual funds has little to do with serving investors' best interests. Here's two red flags to use to avoid the worst mutual funds.
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Inflation Showing Signs Of Cooling

Forbes - 14 Dec 2022 16:02
Inflation Showing Signs Of Cooling The first time is an honest mistake, the second time is the beginning of a pattern of behavior.
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After a year of inflation and rising rates, it is time to reset financial priorities, advisers say.
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There's A 77.9% Chance Of A Santa Rally In December - According To History So far this month the S&P 500 is down over 2%, so will we see Santa come to save the stock market in 2022?
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Pick Either Intuitive Surgical Or Its Industry Peer - Both May Offer Similar Returns We believe that Intuitive Surgical stock and Edwards Lifesciences stock, in the medical devices industry, will likely give similar returns over the next three years. Intuitive Surgical is trading at a comparatively highe...
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Stock Futures Waver Ahead of Fed Decision

Wall Street Journal - 14 Dec 2022 15:50
U.S. stock futures were little changed ahead of the Federal Reserve's final interest-rate decision of the year.
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What's Driving Growth For Amgen Stock?

Forbes - 14 Dec 2022 15:00
What's Driving Growth For Amgen Stock? Amgen stock (NASDAQ: AMGN) has seen a substantial 23% rise this year, far better than the broader S&P500 index, which is down 16%.
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Watches Of Switzerland Shares Sink 7% Despite Strong Luxury Timepiece Sales The watch retailer falls despite announcing a 31% jump in first-half revenues.
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How should I allocate funds to get a pension of ₹1.25 lakh monthly? To work on the total corpus needed, factors like inflation and investment allocation across debt, hybrid and equity funds are important.
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