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Market News

Location American Market News for 3 August 2023
Bank Fixed Deposit: Special FD schemes of these two banks ending soon. Details here SBI and IDBI's special fixed deposit schemes with lucrative interest rates for general customers and senior citizens will end soon
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Buying a Home From a Builder? What to Know First

Wall Street Journal - 3 Aug 2023 03:00
With a newly built home, buyers might misunderstand their contracts, cut corners in the wrong places and balk at delays.
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Stocks Fall as Bond Yields March Higher

Wall Street Journal - 3 Aug 2023 22:30
U.S. stocks edged lower Thursday, extending their recent slide as a jump in bond yields weighed on the market's appetite for risk.
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Up 124% In 2023, SoFi Stock Is Caught Between Bulls And Bears What's more, SoFi reported expectations-beating second quarter results and boosted its forecast.
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Which apps should you use to track your expenses?

livemint.com - 3 Aug 2023 19:00
Which apps should you use to track your expenses? Kuber Bathla, a research associate, turned to expense tracking apps to monitor his spending, but found limitations in both SMS/email tracking and account aggregator systems. SMS/email tracking can be inaccurate and raise...
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What To Expect From Amazon's Earnings Today Amazon Inc. is scheduled to report earnings after Thursday's close. Take a closer look at the numbers to see what the Street expects and the whisper number.
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Which funds are suitable for a systematic withdrawal plan? One can either go for a plain vanilla debt fund such as ultra-short-term funds, which are less sensitive to interest rate movements, compared to longer duration funds. The other option is conservative hybrid funds.
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What To Expect From Apple's Earnings Today

Forbes - 3 Aug 2023 18:39
What To Expect From Apple's Earnings Today Apple Inc. is scheduled to report earnings after Thursday's close. Here's a closer look. See the consensus earnings, whisper # and revenue estimates.
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Why the Portugal golden visa investment programme is still relevant? Residency by investment programmes, such as the Portugal golden visa, have been increasingly popular across the world, particularly in the last decade.
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The Economy's Odometer Is Broken

Wall Street Journal - 3 Aug 2023 16:59
The pace the economy can grow at without overheating depends on how productive it is, but productivity figures have turned into a real mess.
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I Bond Yields Have Tumbled: Buy These Bonds Instead You and I, my fellow contrarian, are old enough to remember when "I bonds"--US savings bonds designed to protect you from inflation--yielded 9.62%.
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Bud Light Boycott Can't Douse Anheuser-Busch InBev

Wall Street Journal - 3 Aug 2023 16:12
Global brewing giant posts strong results despite controversy.
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My 18 Months Of Being Correct (But Lonely) In Calling No-Recession Over the past 18 months I consistently pushed against the dominant recession-is-coming narrative. Larger organizations have started to agree with me.
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How To Find The Best Sector ETFs 3Q23

Forbes - 3 Aug 2023 15:57
How To Find The Best Sector ETFs 3Q23 With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task.
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The U.S. Downgrade Is Serious, But Not For The Reasons You Think There are not enough economic reasons to believe that the U.S. chance of default has gone up in any significant way. The reasons are political.
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A Quality Executive Compensation Plan Lowers The Risk Of Investing In AutoZone. AutoZone (AZO) is the featured stock in July's Exec Comp Aligned with ROIC Model Portfolio.
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Should You Buy Merck Stock After An Upbeat Q2? The company posted upbeat Q2 results this week, with solid growth for Keytruda and Gardasil.
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Some cautionary numbers for commodity investors about the past two decades.
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Will Booking Holdings Stock Trade Lower Post Q2? We expect the company's stock to likely trade lower with revenues and earnings missing market expectations.
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Weather and Wall Street Conspire to Push Up Gas Prices

Wall Street Journal - 3 Aug 2023 14:00
Gasoline and diesel prices have risen faster than oil in recent weeks.
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Robinhood Needs to Steal More Users

Wall Street Journal - 3 Aug 2023 13:30
The online brokerage turned a surprise profit, but a decline in active users shows how much further it still has to go.
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Is Caterpillar Stock A Buy At $290 After A Solid Q2 Beat? The company posted upbeat Q2 results this week, and after its recent rise, we think it is now appropriately priced, as discussed below We think investors will likely b...
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