Market News
Jittery Investors Turn to Cash in Hunt for Yield
Wall Street Journal - 25 Jan 2023 12:30
Inflows to money-market funds are at levels last seen in 2020.
How to select the right PMS fund for a horizon of 3-4 years?
livemint.com - 25 Jan 2023 19:19
One important difference between a PMS and a mutual fund is that the investment holdings in a PMS are held in the investor's name (in a separate account) and hence, are liable for capital gains taxes whenever the PMS man...
Mastercard Stock Likely To Top The Earnings Consensus In Q4
Forbes - 25 Jan 2023 14:00
We expect Mastercard to edge past the consensus estimates of earnings, while revenues will remain in line (just below) with the expectations.
Levi Strauss beats estimates, offers upbeat guidance for fiscal year
CNBC - 25 Jan 2023 23:27
Levi Strauss sales fell, but still topped Wall Street's expectations. The company also offered positive revenue guidance.
Unemployment Is Low, But So Is The Labor Force Participation Rate -- What's Going On In The U.S. Labor Market?
Forbes - 25 Jan 2023 23:24
While unemployment is low, some fear that this is primarily driven by low labor force participation that's creating a rosier picture than it should.
Tesla Posts Best-Ever Quarterly Revenue And Profit
Forbes - 25 Jan 2023 23:16
The latest earnings report poses "one of the most important moments in the history of Tesla," according to one prominent analyst.
Highlights From Congress' Latest Spending Bill -- Points That Impact The Economy And Your Portfolio
Forbes - 25 Jan 2023 23:14
Congress passed a spending bill that includes more than $1.7 trillion in funding for various programs.
AT&T shares jump as subscriber growth tops analyst expectations
CNBC - 25 Jan 2023 23:10
CEO John Stankey dismissed the idea that the phone carrier industry is in a pricing war.
Small Business Optimism Is At A Six-Month Low -- How This Impacts Main Street And Wall Street
Forbes - 25 Jan 2023 23:08
Small business owners are bummed out in a way we haven't seen since inflation hit 9.1% in June. Here's why they're feeling so pessimistic for the near future.
SpaceX Deploys GPS 3 Satellites For Space Force In Its Latest Launch
Forbes - 25 Jan 2023 22:46
SpaceX recently launched a satellite to help improve GPS and navigation. Here are the details about the launch and how investors may be able to profit from it.
Microsoft And Amazon To Layoff A Total Of 28,000 Employees - Why We Are Seeing Some Of The Highest Layoffs In Tech History
Forbes - 25 Jan 2023 22:29
Microsoft and Amazon are the latest tech companies to announce major layoffs. Here's what it means for workers and investors.
Keir Starmer Calls For An "inverse OPEC" To Accelerate Renewable Energy Adoption Worldwide
Forbes - 25 Jan 2023 22:18
Keir Starmer is proposing a "Clean Power Alliance" that would oppose OPEC's power in the energy industry.
Fireball Whisky Maker Sazerac Is Facing A Lawsuit
Forbes - 25 Jan 2023 22:11
Fireball Whisky maker Sazerac is facing a lawsuit that claims it intentionally misled customers about the contents of Fireball Cinnamon. Here's what it means for investors in the alcohol space.
Jeff Bezos Surpasses Billionaire Gautam Adani As World's Third-Richest Person After Short Seller's Scathing Report
Forbes - 25 Jan 2023 21:58
Shares of Adani Group firms slid after short seller Hindenburg Research claimed Adani engaged in brazen stock manipulation. Now for the first time since September, Adani isn't among the world's three richest people.
Texas Instruments Has a Lot Riding on Auto Chip Pileup
Wall Street Journal - 25 Jan 2023 21:42
The chipmaker's other sectors are weakening, but it is maintaining a plan to boost manufacturing capacity to meet long-term demand.
Consumer Staples Wipeout Continues With Kimberly-Clark
Wall Street Journal - 25 Jan 2023 21:01
The consumer-products maker put up weak earnings guidance for 2023 that disappointed investors.
Amazon.com Reports After The Close On 2/2 -- Options Contracts Expire The Next Day
Forbes - 25 Jan 2023 20:01
According to NextEarningsDate.com, the Amazon.com next earnings date is projected to be 2/2 after the close, with earnings estimates of $0.19/share on $145.53 Billion of revenue.
Here are the risks associated with being a guarantor
livemint.com - 25 Jan 2023 19:14
A guarantor can't withdraw the guarantee unless entire debt has been fully repaid
What HNIs must know before opting for a private debit card
livemint.com - 25 Jan 2023 19:11
These cards are associated with exclusive privileges such as higher cash withdrawal limits, complimentary access to airport lounges, insurance benefits, golf access, zero-touch loan products, doorstep banking and 24*7 co...
Will Radhika Gupta's big idea disrupt debt mutual funds?
livemint.com - 25 Jan 2023 19:09
After successfully launching the Bharat Bond ETF series of debt index funds, Edelweiss Mutual Fund (MF) chief executive Radhika Gupta has trained her sights on customers who don't have an investing time frame in mind
Tesla reports earnings after the bell Wednesday
CNBC - 25 Jan 2023 19:02
Tesla is contending with recent price cuts and deliveries that missed expectations.
What's So Bad About Feeling Good? Why 2022 Was Better Than You Think.
Forbes - 25 Jan 2023 18:47
As depressing as things often seemed last year, there were many developments that bode well for the future of our society, our country, and the world. Here are 10 of Andrew Tisch's favorite positive developments from 202...