Market News
Will Southwest Airlines Stock Recover To Its Pre-Inflation-Shock Level?
Forbes - 6 Jul 2023 14:00
Returning to the pre-inflation shock level means that LUV stock will have to gain more than 70% from here.
Complex Fund Names May Be a Warning Sign for Investors
Wall Street Journal - 6 Jul 2023 17:00
The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn't clear.
Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue
CNBC - 6 Jul 2023 23:28
Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.
Small-cap funds are a rage, but should you buy?
livemint.com - 6 Jul 2023 21:17
Small-cap funds in India have seen a surge in investor interest and inflows over the past six months, driven by strong returns and the rebounding market
Markets And Economy Off To A Good Start For Summer
Forbes - 6 Jul 2023 21:00
Positive economic and consumer data helped push financial markets to a strong June, setting the stage for a potentially stronger summer.
FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Wall Street Journal - 6 Jul 2023 19:08
Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion.
What is the rule on bank accounts for overseas Indian students?
livemint.com - 6 Jul 2023 18:54
As per the guidelines issued by Reserve Bank of India, banks are permitted to include an NRI as a joint holder with the resident account holder, provided a few conditions are met.
Here's how young professionals can start building their credit history
livemint.com - 6 Jul 2023 18:53
Your credit score plays a key role in shaping your overall financial well-being and opens doors to various opportunities.
What It Would Take to Bring the Job Market Into Balance
Wall Street Journal - 6 Jul 2023 18:36
Employers aren't begging for workers as hard as they were a year ago, but they're still begging.
Meta Threads the Right Needle to Poke Twitter
Wall Street Journal - 6 Jul 2023 16:52
Unlike previous, clunky attempts to create a new Twitter, Mark Zuckerberg's Threads will effectively be a new extension of a huge social network family.
Nippon India Smallcap Fund stops lump sum subscription from July 7, fresh SIPs to continue with limits
livemint.com - 6 Jul 2023 16:13Global Gold ETFs Experience 50-Tonne Outflow In H1 - World Gold Council
Forbes - 6 Jul 2023 16:11
Despite a rise in North American holdings, gold-backed exchange-traded funds (ETFs) endured net outflows in the first half as interest rate rises spooked investors.
Here's How Much Meta Stock Could Surge Thanks To Twitter Rival Threads
Forbes - 6 Jul 2023 15:59
Already up 140% this year, Meta could ride its Threads-fueled optimism to a nearly $1 trillion valuation, analysts say.
Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places
Wall Street Journal - 6 Jul 2023 14:57
Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish.
Barbie Owner Mattel Plans 45 More Toy Movies As IP And Nostalgia Trend Continues
Forbes - 6 Jul 2023 14:49
For Mattel, the company who owns Barbie and hundreds of other well known toy brands, it's just the beginning.
Should You Buy TMUS Over Procter & Gamble Stock For Better Returns?
Forbes - 6 Jul 2023 14:00
Looking at stock returns, both PG and TMUS, with 0% to 1% returns this year, have underperformed the broader S&P500 index, up 16%.
In Retirement, We Have Discovered We Each Need a Cave to Call Our Own
Wall Street Journal - 6 Jul 2023 14:00
We love to do things together. But we also have made sure to carve out rooms in the house where we can be alone.
Not Quite The 1980s But Saudi Arabia Sounds Committed To Oil Production Cuts
Forbes - 6 Jul 2023 13:11
With oil prices stuck in the $72-77 per barrel range, there are no certainties the current Saudi strategy will pay dividends but Riyadh is sticking with it anyway.
Qatar Airways reports record revenues, bolstered by FIFA World Cup
CNBC - 6 Jul 2023 13:08
Qatar Airways announced record annual revenue Thursday after the company's finances were bolstered by the FIFA World Cup.
Where Is Mastercard Stock Headed?
Forbes - 6 Jul 2023 13:00
Mastercard's stock (NYSE: MA) has gained approximately 13% YTD as compared to the 16% rise in the S&P500 index over the same period.
Will Qualcomm Stock Recover To Highs Seen Prior To Inflation Shock?
Forbes - 6 Jul 2023 12:00
Returning to the pre-inflation shock level means that Qualcomm stock will have to gain 59% from here.
Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Wall Street Journal - 6 Jul 2023 11:30
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend.