Market News
Decoding The Inflation Signals: How To Read (And Correct) The Latest CPI Figure
Forbes - 13 Oct 2023 13:18
The CPI is a false signal. Adjusting it by comparison with other, superior measures, shows that it overstates inflation by 1-2%. We've already reached the Fed's 2% target
China's Teetering Local Debt Mountain, in Six Charts
Wall Street Journal - 13 Oct 2023 05:00
After a decade of kicking the can down the road, the problem has become impossible to ignore. Beijing might soon have no choice but to bail out cities and provinces.
The Score: Lockheed Martin, Paramount Global, JPMorgan Chase and More Stocks That Defined the Week
Wall Street Journal - 13 Oct 2023 23:58
Here are some of the major companies whose stocks moved on the week's news.
Don't Get Trapped - Investment Risk Is Not Being Rewarded
Forbes - 13 Oct 2023 22:45
Higher interest rates, lower stock prices, and a recession are high probability risks
Nasdaq Falls to End Week After Volatile Session
Wall Street Journal - 13 Oct 2023 22:34
Dow, S&P 500 book gains for the week; Treasury yields fall
3 Top AI Stocks To Buy Beyond Nvidia & MAMAA
Forbes - 13 Oct 2023 21:47
Artificial intelligence (AI), a non-mainstream concept up until a few years ago, is now the talk of the town. How can investors join this expanding industry? Here are 3 AI stocks you should consider.
Colleagues And Former Students Praise Economics Nobel Laureate Claudia Goldin For Paving The Way
Forbes - 13 Oct 2023 19:32
The recognition represents decades of research and contributions, during which Professor Goldin broke down numerous barriers in the field of economics.
Interest Rates And Energy: How To Profit During Geopolitical And Supply Concerns
Forbes - 13 Oct 2023 18:22
Two big topics seem to be on EVERY investor's mind these days: Interest rates and energy. Will energy prices will keep rising due to geopolitics and supply concerns?
California's New Data Broker Law Could Be The First Of Many
Forbes - 13 Oct 2023 16:47
California Governor Gavin Newsom signed a new law that will let residents request to have data brokers delete their data, an effort other states may look to copy.
Hedge Funds Would Have to Tell SEC More About Short Sales Under New Rules
Wall Street Journal - 13 Oct 2023 15:30
Traders will get a broader look at which public companies are being targeted by short sellers under the new SEC rules.
Good Start To Earnings Amidst Backdrop Of Wars
Forbes - 13 Oct 2023 15:17
Core CPI, which excludes food and energy prices, was up 4.1%, down from the 4.3% reported in August.
Conagra Stock Could Rise 40% If It Recovers To Pre-Inflation Shock Highs
Forbes - 13 Oct 2023 15:00
CAG saw its stock trading at around $31 on June 18, 2022, when the Fed kept increasing rates, and now remains down by about 13% from those levels.
JPMorgan Profit Boosted by Rising Interest Rates
Wall Street Journal - 13 Oct 2023 14:47
The bank's quarterly profit rose 35%, as CEO Jamie Dimon said U.S. households were generally healthy, but warned that wars in Israel and Ukraine might have far-reaching effects.
5 top-performing large cap mutual funds in the past 10 years
livemint.com - 13 Oct 2023 13:42
Five large cap mutual funds that gave the highest return in the past 10 years are Nippon India Large Cap Fund which gave 17.09% returns, followed by Mirae Asset Large Cap Fund with 16.99% return. The other three are ICIC...
Here's what to expect from Citigroup's third-quarter earnings report
CNBC - 13 Oct 2023 13:38
Friday's report is the first major update since Citigroup announced a new corporate structure in September.
The Oil Price Has a Safety Valve. Gas Doesn't.
Wall Street Journal - 13 Oct 2023 13:35
Even though oil flows are more likely to be disrupted by the tense situation in the Middle East, natural gas prices could be more volatile.
Wells Fargo shares rise after third-quarter results top Wall Street expectations
CNBC - 13 Oct 2023 13:34
Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
What To Expect From Comcast's Q3 Results?
Forbes - 13 Oct 2023 13:00
We project that revenue will stand at about $29.80 billion, roughly in line with consensus estimates and roughly flat versus last year.
How Much Has The Cost Of Living Really Increased In 2023
Forbes - 13 Oct 2023 13:00
It's likely that we'll continue to see higher inflation in the short term, and more rate hikes could be on the cards given the Fed's determination to bring it down to around 2%
Adobe May Be Tech's Biggest AI Bet Yet
Wall Street Journal - 13 Oct 2023 12:30
The stock's run has outpaced Microsoft, Google and other major software names as its new AI tools have revived growth prospects.
Sebi's master circular on KYC norms: What does it mean for the investors?
livemint.com - 13 Oct 2023 12:23
This master circular released by the capital markets regulator is a compilation of the circulars & directions issued up to September 30 this year
How Will The Password Sharing Crackdown Help Netflix Q3 Results?
Forbes - 13 Oct 2023 12:00
We estimate that Netflix's revenue will come in at a little over $8.50 billion for the quarter, marginally below consensus estimates and the company's guidance.