Market News
Sam Altman-Backed Nuclear Startup Is Going Public Through Altman's SPAC
Wall Street Journal - 11 Jul 2023 15:00
Oklo, which is developing a small modular nuclear reactor, is valued at around $850 million.
What's Happening With Exxon Mobil Stock?
Forbes - 11 Jul 2023 14:00
XOM stock has declined from around $110 to $103 in the last six months, as oil prices have been surprisingly lower than expected this year.
China's Reopening Trade Is Fizzling Out
Wall Street Journal - 11 Jul 2023 06:00
Many U.S. stocks with China exposure have outperformed this year, but recent economic weakness raises the stakes going into earnings season.
Stocks Gain as Investors Wait for Inflation Data
Wall Street Journal - 11 Jul 2023 23:10
Wednesday's Labor Department report will inform the Fed's next decision on rates--and whether this year's market rally will continue.
Kim Kardashian in Talks to Buy Back Stake In Beauty Business From Coty
Wall Street Journal - 11 Jul 2023 22:36
The reality star and entrepreneur had previously sold a 20% position in SKKN at $1 billion valuation.
How Top CEOs Are Navigating The U.S.-China Divide
Forbes - 11 Jul 2023 21:43
CEOs of some of the best companies in the world on a razor's edge as they strive to navigate the U.S.-China relationship. Many aim to persevere - and for good reason.
Activision Win Is Big for Microsoft---Smaller for Big Tech
Wall Street Journal - 11 Jul 2023 20:45
An FTC campaign to rein in tech giants suffers another setback, but will likely persist.
The implications of Uniform Civil Code for taxation and inheritance
livemint.com - 11 Jul 2023 19:45
Rumours suggest that the Indian government may introduce a Uniform Civil Code (UCC) to enforce a uniform legal framework for all citizens, regardless of religion. This could have tax implications, particularly regarding ...
Is it necessary for the owner of a flat to be in India for its sale?
livemint.com - 11 Jul 2023 19:40
A PoA document should be prepared with the help of a lawyer/legal expert. Further, there is per se no prescribed format for the PoA and it may be prepared on either a stamp paper or plain paper as well.
Lithium And Gold Were The Only Positively Performing Commodities In H1
Forbes - 11 Jul 2023 18:31
Lithium increased by 10.81%, making it the best-performing commodity and one of only two that recorded a positive return, the other being gold.
The Scariest Recession Indicator Is The Scariest In 40 Years
Forbes - 11 Jul 2023 18:15
One of the most accurate indicators out there is telling us a recession is ahead....
Farmers Limits Insurance Sales in Florida, California
Wall Street Journal - 11 Jul 2023 17:15
The insurer is the latest to cut back in states where premiums have soared amid storm and wildfire risks.
Medical Costs In Focus For UnitedHealth Group's Q2
Forbes - 11 Jul 2023 17:00
We expect UnitedHealth to post revenue and earnings in line with the street expectations.
Here's How Much Tech Stocks Could Surge Amid 'AI Revolution'--But Some Warn 'Euphoria' Is Unsustainable
Forbes - 11 Jul 2023 16:13
"A new tech bull market has begun to take shape," proclaims Wedbush.
What To Expect From PepsiCo's Q2?
Forbes - 11 Jul 2023 16:00
We expect PepsiCo to report revenue and earnings slightly above the consensus estimates.
Why Amazon Prime Day Won't Move Its Stock Price
Forbes - 11 Jul 2023 15:50
Amazon's revenue growth rate has slowed and its stock price has fallen over the last two years.
2Q23 Earnings: Where Street Estimates Are Too Low & Who Should Beat
Forbes - 11 Jul 2023 15:13
In this report I show the frequency and magnitude of understated Street Earnings in the S&P 500 and five S&P 500 companies likely to beat 2Q23 earnings.
BlackRock Stock To Beat The Street Expectations In Q2
Forbes - 11 Jul 2023 15:00
The company surpassed expectations in the last quarter, despite a 10% y-o-y decrease in the top line to $4.24 billion.
Meta Stock Gains On Successful Threads Launch As Twitter Struggles
Forbes - 11 Jul 2023 14:04
The launch of Threads appears to be continuing this run of gains, with Meta stock up over 2% since just prior to launch and up over 135% since the start of the year
Here's What We Expect From Lockheed Martin's Q2
Forbes - 11 Jul 2023 13:00
Although we expect the company to post a downbeat Q2, our forecast indicates that LMT stock has some room for growth, as discussed below Our interactive dashboard anal...
FDA Approval Isn't Always a Happy Day for Biotech Investors
Wall Street Journal - 11 Jul 2023 13:00
In recent weeks, three closely watched FDA decisions came in positive for the companies--followed by their stocks going negative.
Amazon Has a Lot of Pumps to Prime
Wall Street Journal - 11 Jul 2023 12:00
Prime Day could give its retail side a needed boost, but AWS needs a lift as well.