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Market News

Location American Market News for 6 March 2023
Is The K-Cup Pod Maker A Better Pick Over Coca-Cola Stock? There is more to the comparison, and in the sections below, we discuss why we believe KDP stock will offer better returns than KO stock in the next three years.
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Max Life partners Ujjivan Small Finance Bank to offer life insurance solutions Max Life's new product offerings include innovation in various consumer segments including homemaker, NRI and self-employed. The firm has leveraged digital & AI at scale enabling superior customer experience with frictio...
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Is Commercial Aviation Ready To Make A Landing In Investors' Portfolios? Lufthansa's blockbuster report is just the latest signal that commercial aviation, one of the hardest-hit industries during the pandemic, may be ready to make a landing again in investors' portfolios.
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How are NRIs taxed on investments in India?

livemint.com - 6 Mar 2023 18:56
How are NRIs taxed on investments in India? If you have been living outside India for more than 10 years, you may qualify as 'non resident' under the India Income-tax law and exchange control law.
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Buying vs renting house in a rising rate scenario

livemint.com - 6 Mar 2023 18:54
Buying vs renting house in a rising rate scenario The decision to buy or rent a house is influenced by a variety of factors, such as price, equity, rentals, taxes, and so on.
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Are mutual fund expense ratios too high for retail investors? Sebi had initiated a detailed study on the existing policies on TER, market practices of charging it to investors.
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Foxconn Signals India's Arrival as Electronics Manufacturer

Wall Street Journal - 6 Mar 2023 17:56
The iPhone assembler is considering a big expansion in India. A tipping point for the country as a heavyweight electronics hub might have finally arrived.
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Stocks Poised For Rally--But Don't Expect It To Last, Noted Morgan Stanley Bear Wilson Says "This bear market rally will fail," according to Morgan Stanley strategist MIchael Wilson.
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Stocks Edge Up to Start the Week

Wall Street Journal - 6 Mar 2023 16:32
The S&P 500 rose shortly after the opening bell, while benchmark borrowing costs declined.
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After Tough 2022 Results, What's Next For Rio Stock? Rio's adjusted earnings also declined by about 38% year-over-year to $13.3 billion partly due to higher energy prices.
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March Madness

Forbes - 6 Mar 2023 15:44
March Madness Fed Chair Powell will testify before Congress this week. Markets will be closely listening for clues as to where interest rates are headed and for how long.
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Does Anheuser-Busch InBev Stock Have More Room For Growth? Anheuser-Busch InBev stock (NYSE: BUD) has seen a rise of 3% in a month, compared with -4% returns for the broader S&P500 index.
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Salad Chain That Thought It Was a Tech Firm Looks Wilted

Wall Street Journal - 6 Mar 2023 14:00
Sweetgreen can't compete as a restaurant chain with a Silicon Valley cost structure.
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Tech Giants Are Chipping In Fast on AI

Wall Street Journal - 6 Mar 2023 13:30
Broadcom describes a sense of urgency among data-center operators scaling up to meet demand.
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UTI Mutual Funds launches long duration funds. Check details here It would open for subscription on 6th March, 2023 and closes on March 15, 2023
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Digital Infrastructure Stocks Benefit From Growing Interest In Generative AI Our theme of Internet Infrastructure Stocks - which includes a diverse set of companies that sell hardware and software that underpin the Internet -- had a rough 2022, declining by about 39% through the year, amid supply...
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Stocks This Week: Buy Nike And Applied Materials Here are a pair of potential out performers in March.
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How to Fill an Office Today? Waive the Rent

Wall Street Journal - 6 Mar 2023 13:00
Demand for office space isn't as good as the headlines suggest. Landlords need to offer sweeteners to get companies to move in.
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Junk-Rated Companies Borrow Again

Wall Street Journal - 6 Mar 2023 12:30
Rising interest costs are expected to hit the low-rated issuers that had just started to enjoy having easier access to credit.
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Low-Wage Workers Climb the Earnings Ladder

Wall Street Journal - 6 Mar 2023 12:30
The pandemic is pushing poorer and less-educated employees into better positions, new research suggests.
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When It Pays to Hire a Tax Pro

Wall Street Journal - 6 Mar 2023 12:30
More Americans are asking a preparer to do their taxes. Here's when it makes sense.
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Weakened demand for U.S. government debt could portend higher American borrowing costs.
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