Market News
Anxiety Strikes $8 Trillion Mortgage-Debt Market After SVB Collapse
Wall Street Journal - 21 Mar 2023 11:30
Investors fear other banks will sell mortgage-backed securities, pushing down prices.
Everything Bankers Thought They Knew About Deposits Might Be Wrong
Wall Street Journal - 21 Mar 2023 16:07
Some key assumptions that have underpinned banking for years could be due to change in this new environment.
Does Diageo Stock Have More Room For Growth?
Forbes - 21 Mar 2023 14:45
Diageo's stock (NYSE: DEO) has seen a fall of 4% this year, compared with 2% returns for the broader S&P500 index.
Renewed Grain Export Deal Benefits Russia Far More Than Ukraine
Forbes - 21 Mar 2023 03:59
Both Russia and Ukraine need to maintain exports, but Russia's production and export volumes dwarf those of Ukraine, making Russia an inordinate beneficiary of the grain export deal's rollover.
Nike's holiday quarter plagued by bloated inventory, weak China sales
CNBC - 21 Mar 2023 23:57
Investors have been watching to see if Nike's gross margins improve from its direct-to-consumer channels.
First Republic Taps Lazard for Help With Review of Strategic Options
Wall Street Journal - 21 Mar 2023 23:49
Troubled lender also picks McKinsey for postcrisis planning.
GameStop stock soars after retailer posts first quarterly profit in two years
CNBC - 21 Mar 2023 23:45
GameStop has been in the midst of a turnaround and posted its first quarterly profit for the first time in two years.
Digital Realty Trust Crosses Above 5% Yield Territory
Forbes - 21 Mar 2023 23:20
In trading on Tuesday, shares of Digital Realty Trust were yielding above the 5% mark based on its quarterly dividend (annualized to $4.88), with the stock changing hands as low as $95.57 on the day.
XRP Surges To Highest Since November As Optimism Surrounding Ripple Case Grows
Forbes - 21 Mar 2023 22:44
XRP prices have climbed lately as ongoing developments in the Ripple-SEC lawsuit bolster the sentiment of investors. Several analysts weigh in.
What are the rules that qualify any property as ancestral?
livemint.com - 21 Mar 2023 20:43
Typically, ancestral property refers to property that has been inherited. In general, ancestral property is considered to be property that has been held within a family for four or more generations and has not been divid...
'Valuations of Indian stock market are not expensive from a long-term perspective'
livemint.com - 21 Mar 2023 20:26
Are the Indian Stock Markets Overvalued?' That was the topic of a panel discussion at the Mint India Investment Summit 2023 held recently
Here's the fixed income portfolio that can tackle rising interest rates
livemint.com - 21 Mar 2023 20:24
Each time yield spikes, there will be some mark-to-market losses on a fixed income portfolio
Credit Suisse Write-Off Upends European Bank Capital Bonds
Wall Street Journal - 21 Mar 2023 20:18
Switzerland's move to wipe out $17 billion of Credit Suisse Group bonds has prompted investors to reassess a market integral to the safety and resilience of Europe's banking system.
The Fed Flies in the Dark
Wall Street Journal - 21 Mar 2023 18:02
How much has the recent roiling of banks tightened financial conditions? Not knowing the answer puts the Federal Reserve in a difficult position.
With Credit Suisse Investors The Latest To See Massive Losses, Are More Bank Failures To Come?
Forbes - 21 Mar 2023 18:01
The sale price will be just $3.25 billion, despite Credit Suisse having a market cap of $8.6 billion in Friday
Bitcoin Booms on Back of Bank Crisis
Wall Street Journal - 21 Mar 2023 17:36
The world's largest cryptocurrency has risen almost 70% so far this year.
What the Fed's Next Move Means for Mortgages, Loans and Credit Cards
Wall Street Journal - 21 Mar 2023 16:45
Recent troubles across the banking industry will lead banks to toughen lending standards, analysts say.
Oil Is On Sale And Buffett Is Buying, Should You?
Forbes - 21 Mar 2023 16:38
It be a good bet to frontrun Joe Biden's stated intentions to refill the Strategic Petroleum Reserve.
Yellen Testifies Banking Crisis 'Different From 2008'--But Fund Managers Worry 'Systemic' Debt Risk Could Crash Market
Forbes - 21 Mar 2023 16:30
"2008 was a solvency crisis... What we're seeing are contagious bank runs," Yellen testified before Congress on Tuesday.
Amazon Begins Second Round Of Layoffs, But Wall Street Is Unimpressed
Forbes - 21 Mar 2023 16:19
Amazon announces 9,000-strong layoff round for its corporate departments including cloud services and advertising
What To Expect From Nike's Stock Post Q3 Results?
Forbes - 21 Mar 2023 16:15
We expect Nike's stock to see little to no movement with revenues coming in line with the consensus estimates but earnings falling short marginally.
Yelp Stock Down 14% Over Six Months. What's Next?
Forbes - 21 Mar 2023 15:30
After a 14% decline over the last six months, at the current price of around $31 per share, we believe Yelp's stock (NASDAQ: YELP), an online site for discovering local businesses ranging from bars, restaurants, and cafe...