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Market News

Location American Market News for 8 November 2023
Roblox shares jumped Wednesday after the company released third-quarter results that beat analysts' estimates.
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Goldman Moves to Offload GM Credit Card

Wall Street Journal - 8 Nov 2023 00:44
Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
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Rocket Lab's launch business saw $21.3 million in revenue in the third quarter, with a mid-September mission failure halting the company's momentum.
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S&P 500, Nasdaq Extend Win Streaks

Wall Street Journal - 8 Nov 2023 23:30
Major stock indexes ended mostly higher Wednesday, building on a long run of gains.
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Ex-Dividend Reminder: Apple, Parker Hannifin And Bread Financial Holdings On 11/10/23, Apple, Parker Hannifin, and Bread Financial Holdings will all trade ex-dividend for their respective upcoming dividends.
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Multiple Layers of Support in Place for Marathon Stock Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss, though the pullback could provide an entry for bulls.
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Do investors have any suitable alternative to physical gold? From a cost, tax and return perspective, SGBs issued by the government of India are possibly the best option
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Inflation is glorified; delay is the silent threat to investing success In the world of investments, three critical factors take centre stage: performance, risk, and cost.
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Why mutual funds continue to flock to startup offerings For MFs, it's about identifying companies with the potential to become future multi-baggers.
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Warner Gets Too Real About Advertising Meltdown

Wall Street Journal - 8 Nov 2023 19:09
The media giant bolstered by 'Barbie' box-office hit says ad recovery is still needed to hit leverage targets next year.
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Investors are looking for updates on Disney CEO Bob Iger's strategy for the slumping media giant.
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Down 28% This Year, Where Is Tapestry's Stock Headed Post Fiscal Q1? Tapestry (NYSE: TPR), a luxury goods retailer of handbags, shoes, and accessories under the Coach, Kate Spade, and Stuart Weitzman brands, is scheduled to report its f...
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Citigroup Fined for Discriminating Against Armenian Americans

Wall Street Journal - 8 Nov 2023 17:46
The bank will pay $25.9 million in fines and redress to consumers after illegally discriminating against credit card applicants that the bank identified as Armenian American, according to regulators.
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Cooks Beware: Olive Oil Is Getting More Expensive

Wall Street Journal - 8 Nov 2023 17:00
A drought in Spain, by far the world's biggest producer, has pushed up global prices.
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Disney Earnings, Falling Oil And Chairman Powell Both indices are past much of the potential headwinds earnings season could have caused but didn't.
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3 Top Dividend Growers For 2024

Forbes - 8 Nov 2023 16:30
3 Top Dividend Growers For 2024 2024 is setting up to be a great year for us contrarian dividend investors--but to take full advantage, we need to buy now--while fear is still in the air.
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What's Next For Boston Scientific Stock After 5% Gains In A Week? The company reported revenue of $3.5 billion and adjusted earnings of $0.50 per share, compared to the consensus estimates of $3.4 billion and $0.48, respectively.
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Former NYSE President in Talks to Reboot FTX Exchange

Wall Street Journal - 8 Nov 2023 16:00
Tom Farley's new firm has joined two other suitors in an auction for the bankrupt crypto exchange founded by Sam Bankman-Fried.
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The U.S. Equity Market's Dominance Is Tied To Tech And AI's Evolution U.S. stock market dominance relative to other equity markets over the past 15 years can be an enigma for any investors taught to believe in international diversification.
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US Equity Market Dominance Is Tied to Tech and AI's Evolution The dominance of the US stock market relative to other equity markets over the past 15 years is an enigma for many investors.
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What's Next For Norfolk Southern Stock After A 21% Fall This Year? Norfolk Southern (NYSE: NSC) reported its Q3 results last month, with revenues meeting but earnings missing the street estimates.
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Why Rivian Can't Be the Next Tesla

Wall Street Journal - 8 Nov 2023 14:55
America's top electric-vehicle startup is in a more stable place than it was, but it still loses too much money on each vehicle it sells.
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