Market News
Yale Invests This Way. Should You?
Wall Street Journal - 10 Mar 2023 18:10
Yale University's endowment has earned spectacular returns in hedge funds, private equity and other "alternative assets." Investors hoping to mimic the school need to understand what has made it successful.
WW International Stock Is A Buy Following Sequence Deal
Forbes - 10 Mar 2023 15:00
WW International announced that it would acquire digital health company Sequence for a net consideration of about $106 million, as it looks to enter the increasingly popular obesity drug market.
FTC Seeks to Block Intercontinental Exchange's $11.7 Billion Black Knight Deal
Wall Street Journal - 10 Mar 2023 00:29
Antitrust agency's move is a setback for efforts by ICE, parent of the New York Stock Exchange, to become a bigger force in home-loan finance.
Dow Plunges Nearly 1,500 Points In Worst Week Since June As Bank Stocks Collapse
Forbes - 10 Mar 2023 23:03
"The deterioration in market breadth this week goes well beyond the banking space," warns one technical strategist.
Biggest Bank Failure Since Great Recession Sparks 'Overblown' Fears Of Contagion--But Big Lingering Risks Remain
Forbes - 10 Mar 2023 21:20
"There are a lot of companies and speculative bubbles that aren't coming back from this round of Fed intervention," says one chief investment officer.
What Are Clean Energy ETFs And Should You Invest In Them?
Forbes - 10 Mar 2023 21:04
It's a brave new world for investors, and done correctly, it's a wave that could lead to real long term gains.
February's Job Report Is Especially Positive For Rental Housing
Forbes - 10 Mar 2023 20:59
The February employment report is especially good news both for households with lower incomes and for the most vulnerable workers.
Silicon Valley Bank's Abrupt Closure Leaves Venture Capitalists And Founders Scrambling
Forbes - 10 Mar 2023 20:51
Investors told Forbes they're now focused on damage control, such as ensuring that portfolio startups can make payroll with the bank's uninsured deposits now frozen.
Silicon Valley Bank Crisis Unsettles Bank Investors
Wall Street Journal - 10 Mar 2023 20:38
The crisis at SVB Financial has sent investors and analysts rushing to audit the rest of the banking industry for more potential problems.
Bank Mayhem Is on Fed's Radar on Jobs Friday
Wall Street Journal - 10 Mar 2023 18:30
The jobs report was mostly good news for investors hoping the Fed will slow down, but Silicon Valley Bank's problems are top of mind.
SVB Financial Pulls Capital Raise, Explores Alternatives Including Possible Sale
Wall Street Journal - 10 Mar 2023 17:39
The Silicon Valley lender is seeking a buyer after scrapping a plan to shore up its finances through a capital raise.
Berkeley Group Holds FY Earnings Forecasts, Takes "Cautious" Approach
Forbes - 10 Mar 2023 17:10
Berkeley Group's sales dropped 25% between 1 November and 28 February.
Silicon Valley Bank Is In Trouble But The System Isn't Broken
Forbes - 10 Mar 2023 16:38
The banking sector isn't headed for bankruptcy, even if some banks are facing challenges.
Is A Soft Landing For The U.S. Economy A Head Fake?
Forbes - 10 Mar 2023 16:15
Jeff Schulze of ClearBridge Investments discusses the state of our economy and how optimism and head fakes are normal occurrences as we move into and through a recessionary period.
Pre-Halt, Silicon Valley Bank Stock Plunged 87%. Why? What To Do?
Forbes - 10 Mar 2023 16:11
SVB put itself on the action block and if you can, move deposits to better capitalized institutions
Mixed Jobs Number Adds To Uncertainty
Forbes - 10 Mar 2023 16:02
Few rumors are worse than one about a bank potentially being insolvent.
What's Next For Catalent Stock After A 50% Rise This Year?
Forbes - 10 Mar 2023 16:00
After a 54% rise year-to-date, at the current levels, Catalent stock (NYSE: CTLT), a global solutions provider for drugs, biologics, gene therapies, and consumer healthcare products, has little room for growth, in our vi...
Labor Market Added 311,000 Jobs In February--But Unemployment Rate Unexpectedly Rose To 3.6%
Forbes - 10 Mar 2023 15:33
After an unexpectedly strong jobs report in January, economists were expecting the economy added about 225,000 jobs in February.
Adani Group Stocks' Recovery Is on Shaky Ground
Wall Street Journal - 10 Mar 2023 14:28
The conglomerate can take a little comfort from a recent rally, but the damage to its ability to raise capital and fund further expansion plans has been substantial.
Stock Futures Fall on Bank Jitters
Wall Street Journal - 10 Mar 2023 14:06
Concerns about the health of the banking sector drove a selloff in global markets, while U.S. stock futures and government bond yields also slipped ahead of U.S. jobs data.
What To Expect From FedEx's Q3?
Forbes - 10 Mar 2023 14:00
Revenues expected to be marginally above the consensus estimates Trefis estimates FedEx's Q3 2023 revenues to be around $22.8 billion, reflecting a 3.6% y-o-y decline but marginally above the consensus estimate of $22.7 ...
How Russia Supplies Its War Machine
Wall Street Journal - 10 Mar 2023 12:30
Following the trail of chips and other tech gear from China, Turkey, Hong Kong and elsewhere to Ukraine's battlefields.