Market News
Fed's Balancing Act: Rising Rates and Shrinking Balance Sheets
Forbes - 20 Oct 2023 16:24
According to a recent Bloomberg article, losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.
Want to Buy Commercial Aircraft? A Clunker May Be the Safer Bet
Wall Street Journal - 20 Oct 2023 11:30
Endless manufacturing defects affecting newer planes increase the useful life of older models. Investors should take note.
The Score: Netflix, Tesla, United Airlines and More Stocks That Defined the Week
Wall Street Journal - 20 Oct 2023 23:47
Here are some of the major companies whose stocks moved on the week's news.
IPO No Go: All Four Recent Blockbuster Debuts Are Now Trading Below Debut Price
Forbes - 20 Oct 2023 21:22
Klaviyo became the latest multibillion-dollar, newly public firm to sink below its initial public offering price, joining Arm, Birkenstock and Instacart.
Why Hamas Uses Crypto to Raise Money
Wall Street Journal - 20 Oct 2023 18:00
The militant group raised millions of dollars before its attacks in Israel, prompting lawmakers to call for tougher rules to curb crypto's utility for criminals and groups under U.S. sanctions.
Vishay Intertechnology: Chips Ahoy
Forbes - 20 Oct 2023 16:15
The need for domestic semiconductor manufacturing is evident and this stock presents quality risk/reward in the current landscape.
American Express Boasts Record Profits--Credits 'Strong' Spending Despite Economy's Red Flashes
Forbes - 20 Oct 2023 15:58
American Express' net interest income is up nearly 75% over the last two years, boosting profits as consumer spending remained robust.
Why Tesla's Stock May Have Passed Its Peak
Forbes - 20 Oct 2023 15:52
Tesla stock has fallen 46% from its November 2021 peak and appears out of reasons for investors to expect it to exceed lowered expectations for growth and profitability.
Why Tesla Stock Has Passed Its Peak
Forbes - 20 Oct 2023 15:52
Tesla stock has fallen 46% from its November 2021 peak and appears out of reasons for investors to expect it to exceed lowered expectations for growth and profitability.
With Stock Down 1% YTD, Will Lackluster IT Spending Impact IBM's Q3 Results?
Forbes - 20 Oct 2023 15:00
Computing behemoth IBM is slated to report its Q3 2023 results on October 25 reporting on a quarter that is likely to have seen IT spending remain lackluster.
Income Tax Department considering drive to expedite refunds: Report
livemint.com - 20 Oct 2023 14:44
The Income Tax (IT) department is contemplating launching campaigns to aid taxpayers, alongside their proactive efforts to expedite refund processing through alternative means, said the report.
4 Things Successful Investors Look For During Earnings Season
Forbes - 20 Oct 2023 14:43
In this article, we'll explore 4 essential strategies that successful investors look for during earnings season.
Netflix Is Raising It's Prices Again - Here's How The Stock Reacted
Forbes - 20 Oct 2023 14:40
The original streaming company managed to add 8.8 million new subscribers in Q3, and grow profits at the same time.
Hong Kong's Financial-Sector Feast Turns to Famine
Wall Street Journal - 20 Oct 2023 14:08
Weak underlying results from the Hong Kong exchange's owner are the latest sign of profound damage to the Asian financial center from recent changes in the city and on the mainland.
Booking Holdings Stock Is Up 40%. Can It Rise Further?
Forbes - 20 Oct 2023 14:00
BKNG stock has increased from around $2004 to $2850 YTD, outperforming the broader indices, with the S&P growing about 12% over the same period.
There's a Reason This Bull Market Feels So Weird
Wall Street Journal - 20 Oct 2023 13:50
The past year's stock-market rally looks more like the tail end of a bull run, rather than the beginning.
89% of assets in equity-oriented schemes come from retail investors
livemint.com - 20 Oct 2023 13:09
89% of the assets in equity-oriented schemes come from individual investors. While, institutional investors prefer liquid and money market schemes (86%), debt-oriented schemes (60%) and ETFs, FOFs (90%).
After An 18% Top-Line Growth In Q2 Will General Electric Stock Deliver Another Strong Quarter?
Forbes - 20 Oct 2023 13:00
We expect GE stock to rise post-Q3 results, with revenue and earnings marginally beating the consensus estimate.
NFO Alert: Zerodha Mutual Fund launches the Zerodha Nifty LargeMidcap 250 Index Fund; all you need to know
livemint.com - 20 Oct 2023 12:48
Zerodha Mutual Fund announced the launch of the Zerodha Nifty LargeMidcap 250 Index Fund. The scheme opened for public subscription on October 20, 2023, and will close on November 03, 2023.
NFO Alert: Zerodha Mutual Fund launches Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund; all you need to know
livemint.com - 20 Oct 2023 12:21
Zerodha Mutual Fund announced the launch of the Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund. The scheme opened for public subscription on October 20, 2023, and will close on November 03, 2023.
Ozempic Boom Is an Opportunity for Health Insurers
Wall Street Journal - 20 Oct 2023 12:00
Demand for GLP-1 weight loss drugs could be a net positive for insurance companies with pharmacy-benefit businesses.
Hartford Financial Stock Lost 4% YTD, Is Correction In The Cards?
Forbes - 20 Oct 2023 12:00
Hartford Financial's stock (NYSE: HIG) has lost approximately 4% YTD as compared to the 12% rise in the S&P500 index over the same period.