Market News
Andreessen to Open London Office for Crypto Startups Amid Scrutiny in U.S.
Wall Street Journal - 12 Jun 2023 01:00
The venture-capital giant cites a clearer regulatory path for U.K. crypto startups because of 'more political will' there.
S&P 500 Closes at Its Highest in Over a Year
Wall Street Journal - 12 Jun 2023 22:20
Stocks will be tested by inflation data and Fed's interest-rate decision this week.
Wealth Advisors Trumpet High-Yielding Alternatives As Best Way To Weather Market Uncertainty
Forbes - 12 Jun 2023 22:14
"We're about to go into the greatest liquidity suck of all time," as pandemic liquidity evaporates, attendees at Shook Alternatives Summit were told.
Billionaire Ray Dalio Issues Warning About Rise Of China, Why He Thinks U.S. Is On The 'Brink Of War'
Forbes - 12 Jun 2023 20:35
The Bridgewater founder tells the Forbes Iconoclast Summit that history points to a weakening of American influence.
Copper Market Poised For Unprecedented Growth: Citigroup's Insights And Predictions
Forbes - 12 Jun 2023 20:12
The copper market could see an "unprecedented" inflow in the coming years as investors seek to profit from the metal's anticipated surge in value.
Why can't I get a loan despite good credit score?
livemint.com - 12 Jun 2023 19:36
The loan eligibility of an individual is determined by his repayment capacity, which in turn is determined by the disposable income available for spending after all necessary expenses.
How discretionary spending boom aids consumer stocks
livemint.com - 12 Jun 2023 19:35
Companies in the consumer discretionary sector sell non-essential goods and services, such as appliances, cars, and entertainment.
Inheritance: How to draft a will that cannot be easily challenged
livemint.com - 12 Jun 2023 19:35
Drafting a will is necessary to ensure smooth transmission of assets, including property, to the next of kin.
For Corporate Spending, Something's Gotta Give
Wall Street Journal - 12 Jun 2023 16:47
With less money to throw around, companies will be less apt to spend - and shareholders could get the short end of the stick.
GM Announces It's Going To Use Tesla's EV Charging Network - Sends Other EV Stocks Tanking
Forbes - 12 Jun 2023 15:02
The second announcement in favor of Tesla's charging network in less than a month sent rival companies' shares spiraling on Friday.
Here's Why Boeing Stock Is A Better Pick Over RTX
Forbes - 12 Jun 2023 15:00
There is more to the comparison, and in the sections below, we discuss why we believe that BA will offer better returns than RTX in the next three years.
Don't Say It Too Loudly, But UBS Just Got a Steal of a Deal
Wall Street Journal - 12 Jun 2023 14:10
The political whirlwind its acquisition of Credit Suisse has stirred in Switzerland gives the country's largest bank reasons to lowball its financial estimates.
Will Netflix Stock Recover To Its Pre-Inflation Shock Highs?
Forbes - 12 Jun 2023 14:00
The stock could have considerable potential for gains if its recovers to these levels.
Nasdaq to Buy Financial-Software Firm Adenza
Wall Street Journal - 12 Jun 2023 12:49
Nasdaq has agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal.
What's Happening With Best Buy's Stock?
Forbes - 12 Jun 2023 12:00
After an 8% decline over the last six months, at the current price of around $75 per share, we believe Best Buy's stock (NYSE: BBY), an electronics specialty retailer ...
Nvidia Can Handle Being in the Trillion Dollar Club
Wall Street Journal - 12 Jun 2023 12:00
Generative AI demand will persist, while the chip maker's competitive edge should keep its pricing strong.
Income tax rule on sale of house property received as alimony by a divorcee -- explained
livemint.com - 12 Jun 2023 11:55
ITR filing: A divorcee can claim exemption under Section 54 on sale of the flat received as alimony if you invest the indexed capital gains for purchase or construction of another residential house property within specif...
Credit Suisse Era Ends After UBS Takeover Becomes Official
Wall Street Journal - 12 Jun 2023 11:50
The deal marks the end of 167 years of independence for the troubled bank and the beginning of a new stretch in financial history with one dominant Swiss manager of money for the global elite.
Punjab National Bank (PNB) launches IVR-based UPI 123PAY. How to make UPI payments without internet
livemint.com - 12 Jun 2023 11:31
Punjab National Bank (PNB)introduces an IVR-based UPI solution, UPI 123PAY, enabling any phone user to perform UPI transactions
Time to add high-yield corporate bonds to your portfolio? What expert says
livemint.com - 12 Jun 2023 10:32
High-yield corporate bonds have seen a surge in interest from investors in recent years due to persistently low interest rates and increasing demand for income generation. However, experts advise investors to weigh the p...
These three special high fixed deposits interest rate offers to close soon. Details inside
livemint.com - 12 Jun 2023 09:43
Fixed Deposit (FD) interest rates are at a peak, and not expected to go up further with RBI's rate pause. SBI and Indian Bank offer special FD schemes until June 30
High bank fixed deposit (FD) interest rates may not last for long. Here is why
livemint.com - 12 Jun 2023 08:56
The era of rising fixed deposit rates may be drawing to a close. Experts suggest individuals planning to invest in short- to medium-term FDs should consider booking their deposits promptly,