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Market News

Location American Market News for 11 October 2023

A Gilded Age is Fading for Luxury Brands

Wall Street Journal - 11 Oct 2023 15:05
The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending.
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Will Intel Stock Recover To Pre-Inflation Shock Highs? Intel saw its stock trading at around $37 at the end of June 2022, just before the Fed started increasing rates, and has lost about 4% since In comparison, the S&P 500...
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Stocks Clinch Four-Day Winning Streak

Wall Street Journal - 11 Oct 2023 22:47
Long-term Treasury yields continued to ease.
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The sale of GreenSky to a group of investors marks a critical step in the Wall Street bank's retreat from consumer lending.
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Birkenstock Shares Fall in Stock-Market Debut

Wall Street Journal - 11 Oct 2023 19:58
Birkenstock shares declined on their first trading day, a potential blow to an IPO market that was just showing signs of recovery.
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Does repaying a home loan with MFs allow tax exemption on capital gains? The asset whose sale proceeds are to be invested should be held for the long term, the house must be bought one year after or before selling the main asset, and you must not own more than one house at the time of sale of...
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Gift City: Best option for succession planning, international family office? Indian high net worth families are becoming increasingly proactive in diversifying their investment portfolios and exploring global opportunities.
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How should I meet my goals for a house, an emergency fund? For accumulating emergency funds, we would suggest you to invest in liquid or ultra short mutual fund schemes.
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BlackBerry To Carve-Out Its IoT Business Via IPO In 1H24 Deal Overview On October 4, 2023, BlackBerry Limited (NYSE: BB, $3.61, Market Capitalization: $2.1 billion), a leading provider of security software and services to en...
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PepsiCo Earnings Call: Stock Climbs As Drinks Company Reports Solid Earnings Beat As always, the devil is in the detail with these earnings reports - and while PepsiCo saw revenue increase, there was a drop in volume at the same time.
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2 'Contrarians-Only' Dividends That Will Fly As Rates Fall The 10-year Treasury yield's latest journey to the stars is setting up a terrific opportunity for us to "lock in" historically high dividend yields.
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Stocks Up Three Days In A Row

Forbes - 11 Oct 2023 15:26
Stocks Up Three Days In A Row The rally in equities that began last Friday continued through Tuesday.
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3Q23 Earnings: Where Street Earnings Are Too High & Who Should Miss Insights on which companies are most likely to miss 3Q23 earnings based on our proprietary Core Earnings research.
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What To Expect From Citigroup Stock In Q3?

Forbes - 11 Oct 2023 13:00
What To Expect From Citigroup Stock In Q3? We expect Citigroup to beat the consensus estimates for revenues and earnings.
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What To Expect From Alcoa's Q3 Results?

Forbes - 11 Oct 2023 12:00
What To Expect From Alcoa's Q3 Results? Alcoa is expected to publish its Q3 2023 results around October 18, reporting on a quarter that saw aluminum prices trend lower.
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High UAW Wages Shrink Detroit's Room to Maneuver

Wall Street Journal - 11 Oct 2023 11:37
Expensive labor leaves General Motors and Ford overdependent on American demand for big vehicles.
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Muni Funds That Use Borrowed Money Take a Big Hit

Wall Street Journal - 11 Oct 2023 11:30
Closed-end municipal-bond funds have been particularly hard-hit by rising interest rates. Some are suffering their worst stretch since the financial crisis.
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Profits Are Making a Comeback

Wall Street Journal - 11 Oct 2023 11:30
The third-quarter earnings season is likely to be much better than the second quarter's for U.S. public companies.
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Crypto Is Still Wild West Almost Year After FTX Collapse

Wall Street Journal - 11 Oct 2023 11:30
Regulations aren't happening as digital currencies have endangered individual investors--not the whole financial system.
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Will Target Stock Return To Pre-Inflation Shock Highs? TGT saw its stock trading at around $138 on June 22, 2022, when the Fed kept increasing rates, and now remains down by about 24% from those levels.
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NPS scheme for NRIs: How can non-resident Indians contribute, and invest in National Pension System NPS scheme for NRIs: An NRI can invest only in the mandatory Tier-I option of NPS
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Compare your bank FD rates

livemint.com - 11 Oct 2023 06:48
Compare your bank FD rates Fixed deposits remain popular but overexposure to them isn't good. You need to assess your asset allocation and goals to decide how much money to park in them.
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