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Market News

Location American Market News for 22 May 2023

Biden's Billion-Dollar Oil Trade Faces a Big Test

Wall Street Journal - 22 May 2023 14:00
Washington awaits bids to refill crude reserves with modified price proposal.
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Decoding a decade and more: Here are the insights from your portfolio Know how these three types of portfolios--conservative, moderate and aggressive--performed over the long term
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Japan Bets Big on Micron---And Its Own Chip Ambitions

Wall Street Journal - 22 May 2023 15:55
The country, once a chip-making heavyweight, has fallen behind in fabrication. But recent trends could help change that.
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Why Big Oil Likes Small Deals

Wall Street Journal - 22 May 2023 21:20
Chevron's latest acquisition shows that the best deals on the oil patch may be smaller operators with geographic concentration.
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Bitcoin Ranks High As A Safe-Haven Asset As Household Debt Climbs To $17 Trillion Although attendance was down this year compared to last, there was nevertheless an impressive turnout of investors of all ages, industry leaders, policymakers and more.
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Are loans available for home renovation?

livemint.com - 22 May 2023 19:48
Are loans available for home renovation? Specialized home loans, including renovation, construction, extension, balance transfer, and top-up loans, cater to specific purposes and have different eligibility criteria and terms from regular home loans. It's import...
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How fractional ownership aids your investments

livemint.com - 22 May 2023 19:47
How fractional ownership aids your investments If we go by the concept and not strictly by technicals, the fractional ownership concept is practiced in many other investment assets.
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This Stock Has A 4.35% Yield And Sells For Less Than Book The annualized dividend paid by HF Sinclair is $1.8/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/17/2023.
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Magellan Midstream Is Merging And Others Will Follow ONEOK Inc and Magellan Midstream Partners merger would create the fourth largest US midstream company with combined enterprise value of $60 billion.
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How To Avoid The Worst Sector Mutual Funds 2Q23 I leverage my firm's data to identify two red flags you can use to avoid the worst mutual funds.
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Debt Ceiling Negotiations Continue

Forbes - 22 May 2023 15:26
Debt Ceiling Negotiations Continue Debt ceiling negotiations are center stage this morning. But members of the Fed are also speaking all week.
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At Miami Bitcoin Conference, 'No Bears Allowed'

Wall Street Journal - 22 May 2023 15:00
The scaled-down gathering reflects the crypto industry's hardships in the past year.
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Morgan Stanley CEO Announces Retirement, Sparks Questions Over Succession Wall Street didn't like the surprise news, with Morgan Stanley stock dipping.
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Flush With Cash Following Qualtrics Deal, Is SAP Stock A Buy? While tech stocks in general have fared well this year amid cooling inflation and slower rate hikes by the U.S. Federal Reserve, SAP has seen a couple of other tailwin...
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Netflix Might Need Some Freeloaders to Stick Around

Wall Street Journal - 22 May 2023 13:00
The streaming service's advertising push needs eyeballs, which could affect the scope of its account-sharing crackdown.
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Powerful investors such as Brookfield Asset Management are starting to cut their losing real estate bets to protect returns.
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What To Expect From NetApp's Q4 Results?

Forbes - 22 May 2023 12:00
What To Expect From NetApp's Q4 Results? We expect the company's revenues for the quarter to come in at about $1.56 billion, slightly ahead of estimates, although this would mark a decline of about 8% versus ...
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Bank Runs Trash Long-Held Assumption on Deposits

Wall Street Journal - 22 May 2023 11:30
Regulators and lenders valued customer accounts higher when interest rates rose.
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Fed Rate Increases Hit Small Businesses the Hardest

Wall Street Journal - 22 May 2023 11:30
Companies with smaller payrolls and valuations are facing higher funding costs.
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How to invest in mutual funds (MFs) online: From KYC to direct plans to fund selection --A complete guide Investing in Mutual Funds(MFs) has become much easier compared to the experience a decade ago
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The AI Race Is Gathering Steam. What Will It Mean For Nvidia's Earnings? NVDA) is poised to report its Q1 FY'24 earnings around May 24, reporting on a quarter that is likely to have seen the company's revenues continue to decline, amid a de...
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A forensic-accounting expert on how to treat the fraud epidemic Encourage more insiders to spill the beans, says Kelly Richmond Pope
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