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Market News

Location American Market News for 6 October 2023
Bath & Body Works Stock Down 22% This Year, What's Next? BBWI stock has declined from around $43 to $33 YTD, compared to the S&P index which saw an 11% growth during this period.
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Here are some of the major companies whose stocks moved on the week's news.
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4 Top Banks Stocks As Student Loan Payments Resume After more than a three-year hiatus, those who are part of the more than $1.7 trillion in outstanding student loan debt now need to resume payments that were halted. While some financial institutions do not have much exp...
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Why Oil Prices Soared---and Why They Are Sinking Now

Wall Street Journal - 6 Oct 2023 21:29
Seven charts that explain oil's big price moves
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The Private Sector Can Help Restore America's Faith In Itself Tolerance for others was considered "very important" for 58 percent of respondents, down from 80 percent in 1998.
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The Trial of Crypto's Golden Boy

Wall Street Journal - 6 Oct 2023 20:41
A podcast series that brings you regular updates on all the twists and turns in the trial of Sam Bankman-Fried.
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Artificial Intelligence And International Business Decisions There has been no shortage of predictions about the different consequences of the recent Article Intelligence Boom (AI Boom).
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This Stock Has A 5.65% Yield And Sells For Less Than Book the recent SNV share price of $26.89 represents a price-to-book ratio of 0.9 and an annual dividend yield of 5.65%
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Why Safe Haven Utilities Stocks Are Having Their Worst Year Since 2008 Electric utility stocks used to be an income investor's best friend, but dividend growth cuts and rising Treasury yields have turned these rocksteady investments into market pariahs.
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6 Questions to Ask Before Taking College Loans in 2024-25

Wall Street Journal - 6 Oct 2023 16:00
Student loans are complicated. Before taking loans for next school year, consider these questions
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September 2023 Jobs Report Gives Fed Reason For Pause The whopping headline number is the overall payroll growth: 336,000 positions.
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Payrolls Grow Sharply in September - But Other Data Moderate In the BLS jobs report that just came out for September, the headline number is the overall growth of payroll jobs: 336,000.
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As Rates Popped, Generative AI Stocks Fell 3% As Demand Stays Strong 10 year treasury yields and mortgage rates have soared, sending stocks down 8%. Generative AI stocks have held up relatively well -- down 3% since July 31
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Jobs Number Sends Stocks Lower And Rates Higher According to Bloomberg, economists had expected 163K new jobs and an unemployment rate of 3.7%.
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How Nvidia Got Huge---and Almost Invincible

Wall Street Journal - 6 Oct 2023 15:00
The maker of graphics chips saw the AI revolution coming early on, and built a strong moat before other companies understood what was happening.
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What The US Bond Market's Capitulation Implies for The Economy Just when investors were lulled into complacency, 10-year Treasury yields have surged by a full percentage point since mid-year to the highest level in 16 years.
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Should You Buy MongoDB Over Take-Two Interactive Stock? Both stocks have the potential for substantial gains in the next three years.
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This Out-of-Favor Sector Is Benefiting From Higher Rates

Wall Street Journal - 6 Oct 2023 14:00
Health insurers are earning more on their investments, partly offsetting higher procedure volumes.
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What To Expect From PepsiCo's Q3?

Forbes - 6 Oct 2023 13:00
What To Expect From PepsiCo's Q3? See our interactive dashboard analysis on PepsiCo Earnings Preview for more details on how the company's revenues and earnings will likely trend for the quarter.
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The Birkenstock IPO Is Coming. Nobody Mention Crocs.

Wall Street Journal - 6 Oct 2023 12:30
The private-equity owner of the orthopedic-sandal brand hopes to double its money in less than three years with a blistering $11 billion valuation.
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Exxon Doesn't Need Luck for Pioneer Deal to Be a Winner

Wall Street Journal - 6 Oct 2023 11:30
It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile.
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How RBI's interest rate pause impacts this year's Diwali housing sales RBI's MPC rate pause is expected to result in no rise in home loan EMI for both new and existing home loan borrowers, say experts
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