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Market News

Location American Market News for 18 August 2023
Apple Settlement Claim: Battery Saga Finally Ends As Millions Of IPhone Users Await Payout Apple is set to pay up to $500 million to settle its long-time fall-out over the alleged deliberate slowing down of iPhone batteries via a software update
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Rising Yields Fatten Americans' Pocketbooks

Wall Street Journal - 18 Aug 2023 20:50
Higher yields on everything from Treasurys to money-market funds are delivering a windfall to savers.
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Hawaii Fires Turn a Safe Investment Into a Big Risk

Wall Street Journal - 18 Aug 2023 11:30
Utilities are supposed to be a staid investment. Hawaiian Electric is down 68% since the Maui fires started.
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Stocks Finish Lower For The Week, Deepening August Slump

Wall Street Journal - 18 Aug 2023 22:34
U.S. government bond yields slipped slightly on Friday but were still high, raising concerns about stocks.
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3 Most Undervalued Stocks To Watch: August 2023 The usual lull in market activity is expected as the summer season comes to a close. That doesn't mean you should be complacent when it comes to managing your portfolio. In this article we explain what undervalued stocks...
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Principles Of Bond Portfolio Creation

Forbes - 18 Aug 2023 17:32
Principles Of Bond Portfolio Creation Here's how to create a bond portfolio aimed at getting you high income, while preserving principal and possibly earning an attractive total return.
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The Restaurant Of Mistaken Orders

Forbes - 18 Aug 2023 17:06
The Restaurant Of Mistaken Orders In Tokyo, there is a restaurant where customers are happy to get bad service.
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The Japanese technology investor arranges deal ahead of the chip designer's planned IPO, which is expected to be the largest of the year.
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Those with sizable stakes in ESG investments aren't in it just to feel good about themselves, a study finds.
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Hawaii Fires Turn a Safe Investment Into a Big Risk

Wall Street Journal - 18 Aug 2023 15:47
Utilities are supposed to be a staid investment. Hawaiian Electric is down 68% since the Maui fires started.
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Stocks, Bonds And Oil All Seeing Weakness

Forbes - 18 Aug 2023 15:06
Stocks, Bonds And Oil All Seeing Weakness With just a couple weeks left in August, what has been a five-month win streak for equities is in danger of being snapped.
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What's Happening With Activision Blizzard Stock? The company reported an upbeat Q2 and is also addressing the regulatory hurdles surrounding the proposed Microsoft acquisition of Activision Blizzard.
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How Big Tech Broke Smaller-Company Investing

Wall Street Journal - 18 Aug 2023 14:55
The behemoths of the stock market have become so big that they're distorting gauges that define company size.
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Is Nokia Stock A Buy At $4?

Forbes - 18 Aug 2023 13:00
Is Nokia Stock A Buy At $4? Nokia stock has underperformed this year, declining by about 20% since early January compared to the broader S&P 500 which gained about 15% over the same period.
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An Auto-Parts Retailer Crashed---It Can Be Fixed

Wall Street Journal - 18 Aug 2023 13:00
Advance Auto Parts could run like a dream again with a new CEO.
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$100 Billion In Eight Years: Inside Indian-American Rajiv Jain's Winning Investment Strategy Over 30 years, billionaire Rajiv Jain's investment approach has morphed from bottom-up to a top-down, quality-focused approach, like Warren Buffett. Above all, he says surviving is more important than making the most mon...
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Investors Fear China's 'Lehman Moment' Is Looming

Wall Street Journal - 18 Aug 2023 11:43
Troubles at a big trust company are making investors worry about financial contagion from property developers' distress.
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The Ozempic Craze Could Put These Companies on a Crash Diet

Wall Street Journal - 18 Aug 2023 11:30
Anti-obesity medications could affect industries that benefit from America's food problem.
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Get Ready for a Weaker Yuan

Wall Street Journal - 18 Aug 2023 06:00
The currency could reach levels not seen since before the global financial crisis, though a big, uncontrolled selloff is still unlikely.
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Outback Steakhouse Owner Draws Activist Investor

Wall Street Journal - 18 Aug 2023 02:40
Starboard Value owns more than 5% of Bloomin' Brands.
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