Market News
What should be done if relatives question our rights on property?
livemint.com - 16 May 2023 20:48
A UK-based NRI's relatives in India are questioning the authenticity of his father's will and ownership of property. He must obtain confirmation of the will's probate from a UK court, then use an authenticated copy of th...
Goldman Sachs Stock Is Undervalued At The Current Levels
Forbes - 16 May 2023 15:00
Goldman Sachs' stock (NYSE: GS) has lost approximately 7% YTD as compared to the 7% rise in the S&P500 index over the same period.
What To Expect As Cisco Publishes Q3 Earnings?
Forbes - 16 May 2023 14:00
We expect revenue for the quarter to come in at about $14.45 billion, coming in slightly ahead of estimates and rising by about 12% versus last year.
Stocks Slip, Growth Shares Shrug Off Index Losses
Wall Street Journal - 16 May 2023 22:36
Shares of companies in most industries traded lower with debt-ceiling negotiations remaining at a standstill.
Couples Can Soon Put Over $10,000 a Year Into Health Savings Accounts
Wall Street Journal - 16 May 2023 22:20
The IRS announced the largest ever increase to the amount Americans can set aside in HSAs each year.
Consumer Credit Rises Despite Higher Interest Rates, Keeping A Recession At Bay
Forbes - 16 May 2023 21:48
The Federal Reserve has been raising its short-term interest rate to reduce inflation. Meanwhile, consumers continue to borrow. Will a recession ensue? Will the Fed continue to raise rates?
Big Victory For The Fed? Soft Landing Looking More Likely, Recession More Remote
Forbes - 16 May 2023 21:09
New data keeps showing a remarkably resilient U.S. economy. First-quarter economic growth, though not strong, was entirely consistent with achieving a "soft landing."
Why do we need more awareness about SEBI-registered investment advisers?
livemint.com - 16 May 2023 20:50
Despite Sebi's introduction of Registered Investment Adviser (RIA) regulations in 2013, there is still a lack of awareness about the benefits of RIAs, limiting the growth of the profession. RIAs offer unbiased investment...
Costco Wholesale Reports After The Close On 5/25 -- Options Contracts Expire The Next Day
Forbes - 16 May 2023 20:48
According to NextEarningsDate.com, the Costco Wholesale (COST next earnings date) is projected to be 5/25 after the close, with earnings estimates of $3.30/share on $54.62 Billion of revenue.
Cloud Gaming Could Help Microsoft Win $69 Billion Activision Buy
Forbes - 16 May 2023 18:32
Microsoft's deal to buy the video game maker has revealed fractures among regulators. Cloud gaming helped Microsoft win the 27-nation EU's approval.
Not Just Soros: These Billionaires And Firms Sold Tesla Stock As Prices Surged Last Quarter
Forbes - 16 May 2023 18:12
Tesla stock skyrocketed nearly 70% last quarter.
More People Are Behind on Credit Card, Auto Payments
Wall Street Journal - 16 May 2023 18:03
More Americans are having a harder time keeping up with their car, credit-card and mortgage payments compared with a year earlier.
Moldova's Promise Of Pro-Market, Pro-Europe Reforms Still Lackluster
Forbes - 16 May 2023 18:00
Moldova is making the rounds as the latest possible Russia target post-Ukraine. The country has enough problems as it is.
FTC's Amgen Activism Will Spare These Biotechs
Wall Street Journal - 16 May 2023 17:47
Federal Trade Commission action to block Amgen-Horizon deal threatens the thesis driving biotech stocks higher.
Home Improvement Goes on Hiatus
Wall Street Journal - 16 May 2023 17:43
Home Depot said sales fell below expectations as demand for big-ticket, discretionary items was weak.
How Car Sales Could Keep the Economy Humming
Wall Street Journal - 16 May 2023 17:15
Retail sales rose in April from a month earlier after slipping in March, according to new Commerce Department data.
California's Green Fuel Program Gets Too Popular for Its Own Good
Wall Street Journal - 16 May 2023 17:00
A renewable-diesel boom is helping the state beat greenhouse-gas-reduction goals but is stifling other green-fuel investments.
Warren Buffett Likes Japanese Stocks--Maybe You Should Too
livemint.com - 16 May 2023 16:21
Investor-friendly changes at Japanese companies will boost returns
Warren Buffett Likes Japanese Stocks---Maybe You Should, Too
Wall Street Journal - 16 May 2023 16:03
Investor-friendly changes at Japanese companies will boost returns.
How To Find The Best Style ETFs 2Q23
Forbes - 16 May 2023 15:26
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each style.
ChatGPT Founder Sam Altman Is Testifying Before Congress Today - Here's What You Need To Know
Forbes - 16 May 2023 15:20
CEO of OpenAI, Sam Altman, is testifying before Congress to decide the first steps in AI regulation
Venture-Fund Returns Suffer Amid Lower Startup Values
Wall Street Journal - 16 May 2023 15:00
The languishing performance of venture-capital funds is denting results for university endowments, pensions and other investors that increased their tech exposure during the bull market.