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Market News

Location American Market News for 6 September 2023
Global Energy Summits Are Vital Vehicles For Humanity's Net Zero Journey, Says DMG Events President Dmg events President says global energy industry gatherings play a pivotal role in shaping humanity's quest for a sustainable, yet secure and affordable energy future.
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Where to Put Your Cash Now for Every Income Level

Wall Street Journal - 6 Sep 2023 03:00
How to take advantage of the opportunities in high-yield savings and other places, no matter your income.
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3 Growing Dividends To Supercharge Your Income Dividend deals are lining up for us across the board--and they're likely to get better as September unfolds.
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Gold ETF Outflows Accelerated In August - World Gold Council Net outflows were recorded for the third successive month as rising interest rate expectations and increasing Treasury yields dented demand for the yellow metal.
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Roku Stock Rallies 10% After Company Says It Will Fire 10% Of Employees The pandemic darling is still down 80% from its 2021 peak as it continues to bleed money.
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Everyone Is Bearish on China---Except Bond Investors

Wall Street Journal - 6 Sep 2023 11:30
The spreads on dollar bonds issued by many Chinese companies remain relatively stable even as economists lower their growth projections for China.
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The $100trn battle for the world's wealthiest people Two financial giants look likely to crush the competition
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Arm Is Still Trying to Punch Above Its Weight

Wall Street Journal - 6 Sep 2023 11:30
The chip maker will benefit from the tech IPO drought, but its premium valuation implies high hopes.
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Inflation, Interest-Rate Worries Drag Stocks Downward

Wall Street Journal - 6 Sep 2023 22:47
Stocks slumped after investors received a fresh sign that the U.S. economy could be revving up, fanning inflation fears.
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Altria Group Shares Cross 9% Yield Mark

Forbes - 6 Sep 2023 21:26
Altria Group Shares Cross 9% Yield Mark In trading on Wednesday, shares of Altria Group were yielding above the 9% mark
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The serendipity engine: Of investments and an endless stream of ideas Literally everything that an investor does in their day job, even just showing up, is preparing them to bump into investment ideas.
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Should an NRI file I-T returns if there is no income in India? According to Indian tax laws, any person whose income exceeds the maximum amount not chargeable to tax during the financial year, is required to file an ITR in India
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Why some brokers force you to open new demat accounts Brokers in India are reluctant to allow investors to link their trading accounts with demat accounts held at other brokerages due to various challenges and risks involved. Lack of interoperability and standardization, sh...
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Rising Oil Prices And Weakening Chinese Data A jump in crude oil prices and further weakening in China sent stocks lower to kick off the holiday shortened week.
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Will Dow Stock Recover To Its Pre-Inflation Shock Highs? Although there has been a steady decline in the inflation rate in response to the Fed's aggressive rate hike plan, investors still have concerns about a potential rece...
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What To Expect From GameStop's Earnings Today GameStop Corp. is scheduled to report earnings after Wednesday's close. Here is a closer look at the earnings and a brief history about its historic short squeeze.
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Several Binance executives have left recently, including leaders overseeing its Russian business, extending a period of rapid senior turnover at the crypto giant.
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What To Expect From c3.AI's Earnings Today

Forbes - 6 Sep 2023 14:43
What To Expect From c3.AI's Earnings Today C3.Ai is scheduled to report earnings after Wednesday's close. Here is a closer look at the numbers. C3.Ai is one of the early leaders in AI.
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Arm Holdings IPO: SoftBank's Chip Maker Could Go Public As Soon As Next Week With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.
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Real-Estate Doom Loop Threatens America's Banks

Wall Street Journal - 6 Sep 2023 14:07
Regional banks loaded up on commercial real-estate loans and investments that are now a looming danger--and their exposure is more substantial than it appears.
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Is Abbott Stock A Better Healthcare Pick Over Thermo Fisher Scientific? There is more to the comparison, and in the sections below, we discuss why we believe that TMO will offer better returns than ABT in the next three years.
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Biden FTC's Antitrust Bark Proves Worse Than Its Bite

Wall Street Journal - 6 Sep 2023 14:00
The FTC settlement with Amgen will pave the way for more healthcare deal making.
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