Market News
Johnson & Johnson beats on earnings, hikes full-year guidance as medtech sales surge
CNBC - 20 Jul 2023 14:02
The results come amid investor anxiety over the thousands of lawsuits claiming that J&J's talc-based baby powder and other products caused cancer.
United posts record earnings and forecasts strong profits for bustling summer quarter
CNBC - 20 Jul 2023 13:26
The airline expects a strong third quarter despite mass flight disruptions at its Newark hub this month.
Schwab Survived Deposit Crisis. What Comes Next?
Wall Street Journal - 20 Jul 2023 11:30
This year has taught the brokerage the downsides of being a bank when interest rates shoot higher.
Dow Notches Longest Win Streak Since 2017
Wall Street Journal - 20 Jul 2023 22:45
Tesla stock Drags the S&P 500 lower.
Artificial Intelligence (Written By AI)
Forbes - 20 Jul 2023 21:21
Human input is best used for tasks that involve subjective judgment, intuition, and context understanding.
History Says Steer Clear Of This REIT
Forbes - 20 Jul 2023 20:56
Shares of American Tower (AMT) are moving lower today. Overhead resistance is looming, from a trendline with historically bearish implications.
Post 2Q23 Earnings, Netflix Still Looks Terribly Overvalued
Forbes - 20 Jul 2023 20:46
2Q23 earnings continue to show that Netflix is a low-growth business with deteriorating profitability.
Tesla's 2Q23 Earnings Confirm My Thesis That TSLA Is One Of The Most Overvalued Stocks
Forbes - 20 Jul 2023 20:25
To have any upside at current levels, Tesla must improve its ROIC to levels not achieved by even the most profitable businesses in the world.
What To Look At During Earnings Season
Forbes - 20 Jul 2023 19:47
Every quarter publicly traded companies report earnings and many give guidance going forward. Here are a few things I look for every quarter.
Here's how you can use secured credit cards to build your credit history
livemint.com - 20 Jul 2023 19:37
Secured credit cards operate exactly like regular credit cards, in terms of earning rewards, discounts and cashback on spends. The difference lies wherein secured credit cards necessarily require a deposit or guarantee o...
Are high returns in invoice discounting worth the risks
livemint.com - 20 Jul 2023 19:36
Invoice discounting platforms have their own credit rating system for vendors, but it is unreliable.
AI Economics Must Avoid The Ethical Mistakes Of Climate Economics
Forbes - 20 Jul 2023 19:28
There is increased danger that AI economics research will turn into a tool to advance a preset policy agenda, similar to what has played out in climate change economics.
Investors Are Already Asking How Quickly Blackstone Can Get the Next Trillion
Wall Street Journal - 20 Jul 2023 19:03
Slowdowns in inflows and core earnings are the immediate questions, but bigger opportunities still loom.
Investor Group Nears $125 Million Deal for CoinDesk
Wall Street Journal - 20 Jul 2023 18:38
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6.
Johnson & Johnson Rips Off the Kenvue Band-Aid
Wall Street Journal - 20 Jul 2023 18:06
A surprisingly early distribution and a stretched valuation hit J&J's consumer health arm hard.
KKR Nears Deal for Specialty-Chemicals Maker Chase
Wall Street Journal - 20 Jul 2023 17:45
The private-equity firm would pay roughly $1.3 billion including debt in deal that could be reached Friday.
600 Kindergartners Were Given Bank Accounts. Here's What They Learned.
Wall Street Journal - 20 Jul 2023 17:00
How San Francisco and other cities are trying to boost financial education and college savings.
Who's Right - Cautious Economists Or Optimistic Investors?
Forbes - 20 Jul 2023 16:49
Jeff Schulze discusses the contrasting viewpoints between cautious economists and optimistic investors regarding the economic outlook for the second half of 2023.
Tesla Stock Falls On Price Cuts, Production Drop. Buy On The Dip
Forbes - 20 Jul 2023 16:36
Tesla stock fell 6% in July 20 morning trading.
Tesla Stock Takes 6% Post-Earnings Dive--Here's Why Some Say Its $860 Billion Valuation Is 'Disconnected From Reality'
Forbes - 20 Jul 2023 16:33
Tesla beat expectations for sales and profit last quarter but its stock remains "egregiously overvalued," according to one bearish analyst.
Facing Big Storm Losses, Insurers Aim to Boost Rates
Wall Street Journal - 20 Jul 2023 16:14
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers' profits.
Why Is Carvana Stock Going Up? The Carvana Earnings Report Might Have Something To Do With It
Forbes - 20 Jul 2023 15:53
Carvana's been a magnet for short sellers this year, but the tables might turn after this latest earnings report.