Market News
A $26 Billion Advisor Focused On Private Capital Growth And Liquidity
Forbes - 10 Oct 2023 15:45
Avy Stein's Cresset leans heavily on alternatives, focusing on finding unique private market opportunities for clients.
China's Country Garden Succumbs to Debt Crisis After Sales Drop
Wall Street Journal - 10 Oct 2023 04:28
The property giant fails to repay a loan and warns that it is unlikely to pay off all its international debt obligations.
Birkenstock Prices IPO at $46 a Share
Wall Street Journal - 10 Oct 2023 22:57
German shoemaker provides first big test of new-issue market since a trio of marquee offerings last month.
Can investors benefit from BNPL strategy for stocks?
livemint.com - 10 Oct 2023 22:03
Margin trading facility allows equity investors to buy and sell stocks, but the risks are high
Stocks This Week: Sell Short Walgreen Boots And Buy Apple
Forbes - 10 Oct 2023 21:50
Here is a short-term map to market direction. A short-term high and a pullback are expected to be followed by Q4 strength. One short and one long trade are recommended.
Significant market corrections and the ripple effect on your portfolio
livemint.com - 10 Oct 2023 19:05
In a rapidly rising interest rate environment, even a cautiously leveraged company may find itself heavily leveraged.
As joint owners of a flat, how do we reduce tax liability on rent?
livemint.com - 10 Oct 2023 18:58
Under the provisions of the Income Tax Act, 1961, the income arising from an asset is assessable in the hands of the taxpayer who has paid for it.
Gold ETF Outflows Sped Up In September - World Gold Council
Forbes - 10 Oct 2023 18:13
Global gold ETFs recorded net outflows of 59 tonnes or $3.2 billion last month, as holdings in North American and European funds continued falling.
Weaponized Migration And Its Implications For Investors
Forbes - 10 Oct 2023 17:32
Last month, a staggering 50,000 migrants from crisis-stricken Venezuela illegally crossed the border, marking an all-time monthly record.
24% Upside? Microsoft Stock Could Hit $410 On OpenAI Investment Payoff
Forbes - 10 Oct 2023 17:09
With $30 billion in new revenue from Copilot and $100 billion valuation of its OpenAI stake, Microsoft could grow faster and enjoy a pop in its market capitalization..
PepsiCo Serves Up Lukewarm Reassurance on Consumers
Wall Street Journal - 10 Oct 2023 16:40
The snacks and soda giant sees a cautious but still healthy consumer as staples stocks get hit hard.
Israeli Shekel Slumps To 7.5-Year Low Amid War With Hamas
Forbes - 10 Oct 2023 16:39
The shekel has shed 3% since Friday before the Hamas attack on Israel.
Healthcare Strikes Threaten to Prolong Wage Pressure on Hospitals
Wall Street Journal - 10 Oct 2023 16:00
Tenet could face labor action next, after Kaiser Permanente workers staged the largest U.S. healthcare walkout on record.
A Wirehouse Refugee Who Manages 80 Pie Charts And $2 Billion In Wealth
Forbes - 10 Oct 2023 15:45
After spending 25 years at Merrill Lynch and UBS, Terry Cook Is helping small business owners avoid regrets after cashing out.
An $8 Billion RIA That's Strives For Flight Attendant Calmness During Turbulent Markets
Forbes - 10 Oct 2023 15:45
Rick Kent says building deep relationships and keeping clients focused on their long term goals is the key to running a fast-growing RIA.
An Egyptian Immigrant And 'Tax Whisperer' Who Built A $1.7 Billion Firm
Forbes - 10 Oct 2023 15:45
From the luxurious enclave of Newport Beach, Laila Marshall-Pence and her husband Dryden have built a high-touch advisory that includes regular podcasts.
IRS Revs Up Tax Credit for Buying EVs
Wall Street Journal - 10 Oct 2023 15:24
Starting in January, electric-vehicle buyers get up to $7,500 off the purchase right at the dealership, rather than wait until filing their tax return to get the credit.
Scaling Technology And Willpower Critical For 'Fast-Tracking' Global Energy Transition
Forbes - 10 Oct 2023 15:06
Many of the answers the energy industry seeks can be provided by human ingenuity and technology predicated on upscaling emerging solutions backed by 'petrodollars'.
Why I'm Buying Big Dividends On This Dip
Forbes - 10 Oct 2023 14:32
I recently got a really good question from a reader, who wondered how our current market situation compares to the 2008-2009 crash.
Chinese IPOs Are Cleared For Takeoff, But Will Investors Bite?
Forbes - 10 Oct 2023 14:30
The U.S. market has been largely considered a gold standard for listings, and Chinese companies have been courted by U.S. investors.
Which Is A Better Pick - Honeywell Stock Or Travelers?
Forbes - 10 Oct 2023 14:00
Given its better prospects, we believe the insurance giant Travelers stock (NYSE: TRV) is a better pick than Honeywell stock (NYSE: HON).
Oil Prices In Flux As Tight Supply And Geopolitical Factors Hit Market
Forbes - 10 Oct 2023 13:38
New attacks in the Palestinian-Israeli conflict over the weekend sent oil prices spiking again as Brent Crude hit $140