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Market News

Location American Market News for 19 October 2023

SEC Retreats From High-Stakes Lawsuit Over XRP Cryptocurrency

Wall Street Journal - 19 Oct 2023 22:49
Agency agrees to dismiss allegations against Ripple Labs executives after earlier losing part of its case against the company
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Experts Share Ways Investors Can Adapt As Middle East Conflict Rages The Middle East conflict remains front and center for investors, with headlines and news flow driving noteworthy action in stocks, energy markets, precious metals.
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Stocks Sink After Being Yanked by Powell Comments

Wall Street Journal - 19 Oct 2023 22:36
The 10-year yield edged closer to 5%. Netflix surged higher and Tesla skidded lower.
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Why investors should not ignore actively-managed funds just yet The performance of mid- and small-cap funds stand out in the SPIVA India Scorecard, especially over the short and medium term.
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What is home loan insurance and is it necessary to buy one? While taking a loan, banks and non-banking financial firms generally insist on certain insurances. This works as a risk hedging instrument for the lender.
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How financial planning helps you deal with bereavement Life insurers in India paid out ₹45,817 crore ($6.2bn) in individual death claims involving 1.58 million policies during the 2021-2022 financial year, according to data from the Insurance Regulatory and Development Aut...
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4 Steps To 49% Returns By Late 2024

Forbes - 19 Oct 2023 15:50
4 Steps To 49% Returns By Late 2024 Buy and hold forever? Nah. Not now. Maybe never again!
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American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
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Earn 4.5% With No Taxes? How to Invest in Municipal Bonds

Wall Street Journal - 19 Oct 2023 14:32
The tax advantages of buying bonds in your own backyard.
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Tesla Is Hitting the Brakes on Everything but AI

Wall Street Journal - 19 Oct 2023 13:54
After years of growing at breakneck speed, the carmaker seems to be slowing down. That puts even more pressure on its big AI bets to deliver results.
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TSMC Thinks the Turn in the Chip Cycle Is Nigh

Wall Street Journal - 19 Oct 2023 13:53
Results from the world's largest contract chipmaker hint that the long downturn in prices could finally be ending. Meanwhile, demand from AI is surging.
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India's housing market shows significant gain in global ranking According to the Q2 2023 Global Residential Cities Index by Knight Frank, Mumbai is the leading Indian city in terms of the percentage increase on the global index, with Bengaluru being the second-highest ranked Indian c...
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Morgan Stanley Earnings Top Estimates - But Stock Falls 8% Morgan Stanley have delivered their Q3 results, and while earnings came in above analyst forecasts, the overall picture was enough to send their stock tumbling.
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London Stock Exchange Group On Course To Hit Upper End Of Guidance Organic revenues (excluding recoveries) increased 8% between July and September, with sales at Data & Analytics improving 7.2% year on year.
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Wall Street's Green Shoots Risk Wilting

Wall Street Journal - 19 Oct 2023 11:30
Deal-making activity for big investment banks might be in for a long lull.
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Higher interest rates and inflation are upending millions of Americans' retirement planning. The classic 60-40 stock-to-bond ratio isn't cutting it anymore.
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Is Netflix's Subscriber Jolt a One-Hit Wonder?

Wall Street Journal - 19 Oct 2023 11:30
There won't be a repeat of the password crackdown, and the latest price hike comes as Hollywood strikes have hurt the content pipeline.
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Rentokil's Share Price Slumps 14% As North American Market Cools Organic sales rose 4.2% during the three months to September as trading in its largest market worsened.
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Planning to invest in mutual funds? Make note of these five factors Investors are expected to prioritise their risk appetite, time horizon, past performance, fund's size and diversification before starting to invest in a mutual fund. We explain each of them in detail here
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TSMC posted a third quarter profit of NT$211 billion - its largest profit decline since first quarter 2019 - as weak demand for consumer electronics persists.
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Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
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XIRR vs CAGR: Which is the right way to calculate mutual fund returns? XIRR is better for calculating returns on mutual funds with irregular cash flows, while CAGR is suitable for investments with regular cash flows.
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