Market News
Interest Rates Continue Falling And The Passing Of Charlie Munger
Forbes - 29 Nov 2023 16:31
We're seeing probabilities of rate cuts in 2024 not only increasing but coming sooner than most expected.
Big Oil Bets on Hot Air in Climate Talks
Wall Street Journal - 29 Nov 2023 16:00
The COP28 summit probably won't change industry expectations of a slow energy transition, but nor will it clarify companies' long-term future.
Apple Pulls Plug on Goldman Credit-Card Partnership
Wall Street Journal - 29 Nov 2023 00:53
Tech giant proposed exiting contract in about 12-to-15 months.
Salesforce shares jump on better-than-expected earnings report
CNBC - 29 Nov 2023 23:39
Salesforce reported on Wednesday that revenue in the fiscal third quarter increased 11% while profit topped analysts' estimates
Charlie Munger's Life Was About Way More Than Money
Wall Street Journal - 29 Nov 2023 22:43
Few people have been wealthier, in all the senses of the word, than the brilliant billionaire investor.
Will Kroger Earnings Distance The Stock From Recent Lows?
Forbes - 29 Nov 2023 21:51
Supermarket giant Kroger (KO) is gearing up for its third-quarter earnings report, due out before the market opens on Thursday, Nov. 30.
OPEC+ Mulls New Oil Production Cuts Amid Middle East Conflict
Wall Street Journal - 29 Nov 2023 21:03
OPEC and its Russia-led allies are considering new oil production cuts of as much as 1 million barrels a day, delegates said Wednesday.
Cigna, Humana in Talks for Blockbuster Merger
Wall Street Journal - 29 Nov 2023 20:27
A cash-and-stock deal between the health-insurance giants could be struck by year-end.
GM's $10 Billion Apology
Wall Street Journal - 29 Nov 2023 19:58
It has been a good year for the automaker financially, but a bad one strategically.
U.S. Crude Oil Inventories Rose 1.6 Million Barrels
Wall Street Journal - 29 Nov 2023 18:45
U.S. crude oil, gasoline and distillate fuel inventories rose by 1.6 million barrels as refineries ramped up their capacity use.
Nike Crosses Above Key Moving Average Level
Forbes - 29 Nov 2023 18:07
In trading on Wednesday, shares of Nike crossed above their 200 day moving average of $110.30, changing hands as high as $112.15 per share.
He Bought a Piece of the Chrysler Building. Now His Empire Is Falling Apart.
Wall Street Journal - 29 Nov 2023 18:05
René Benko's Signa filed for insolvency, marking one of the most dramatic falls in the property sector in recent years.
Shaping investing strategies beyond just the numbers
livemint.com - 29 Nov 2023 17:48
Even in his 90s, Charlie Munger was mentally sharp and his wisdom unparalleled
Beating the index has been too easy this year, almost
livemint.com - 29 Nov 2023 17:20
A market rally over the last six months has pushed up valuation of small-, mid-caps significantly
Is Roche Stock Undervalued At $33?
Forbes - 29 Nov 2023 16:00
After a 14% fall this year, Roche stock (OTCMKTS: RHHBY) looks like it can see higher levels.
Down 50% From 2021, We Think There's Upside For AT&T Stock
Forbes - 29 Nov 2023 15:00
AT&T's wireless subscriber growth has clearly slowed compared to last year, due to saturation in the wireless market and easing tailwinds from the Covid-19 lockdowns.
Is AMD Stock A Buy At $120 As It Doubles Down On AI-Focused GPUs?
Forbes - 29 Nov 2023 14:00
That being said, much of the surge in the stock appears to be coming from mounting interest in the company's graphics processing business.
Can a Big Pharma Ever Be Worth $1 Trillion?
Wall Street Journal - 29 Nov 2023 14:00
Eli Lilly is blowing past its competitors, thanks to prescient bets on obesity and Alzheimer's. Can it avoid the patent cliff?
Investors Lose Legal Bid Over Nickel Market Blowup
Wall Street Journal - 29 Nov 2023 13:03
The cases against the LME have been closely followed as a test of whether exchanges have the power to unwind trades to maintain orderly markets.
Why Amazon and Nvidia Need Each Other
Wall Street Journal - 29 Nov 2023 13:00
The cloud giant's ambitious in-house chip program can't fully match Nvidia's AI dominance, while the chip maker needs to keep its U.S. business strong as export restrictions grow.
Binance Begins Again With U.S. Oversight. Will It Survive?
Wall Street Journal - 29 Nov 2023 12:30
The global crypto exchange's new regime will force a significant shift in how the firm operates.
Domestic air passenger traffic surges 11 percent
livemint.com - 29 Nov 2023 10:12
India's domestic air passenger traffic in October surged by nearly 11% annually, reaching 1.26 crore passengers, as per recent official data. In comparison, October 2022 had 1.14 crore passengers, while September 2023 ha...