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Market News

Location American Market News for 25 April 2024
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.
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Snap reported first-quarter results that beat analysts' estimates
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Stocks, Bonds Tumble After Economic Data Release

Wall Street Journal - 26 Apr 2024 00:47
Slowing growth, stubborn inflation drive a broad-based decline in shares.
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Analysts expect a second straight quarter of revenue growth in the low teens as Alphabet rebounds from a historically weak period for expansion.
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Microsoft added artificial intelligence talent through a deal with startup Inflection in the quarter, as it worked to sell a productivity chatbot to clients.
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Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
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American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.
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EPF passbook: This is how you can access your account details in 9 regional languages The default language of EPF account details is English. So when you send the SMS, you will receive the information in the native language of Brits unless you categorically ask for in a regional language.
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Demat Accounts: How to invest in ETFs? A step-by-step guide Similar to traditional MFs, ETFs consist of a basket of securities that provide investors exposure to a variety of assets.
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Southwest Airlines is one of Boeing's biggest customers and flies only 737s.
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What are the compliance requirements for a demat account? MintGenie explains Compliance requirements for demat accounts include documentation, KYC norms, transaction reporting, and regulatory disclosures to ensure investor interests, market integrity, and legal compliance in financial activities.
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Comcast beat first-quarter earnings expectations on Thursday.
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For Beaten-Down Maker of Alzheimer's Drug, Good Enough Will Do

Wall Street Journal - 25 Apr 2024 15:00
In-line sales for Alzheimer's drug Leqembi and a beat for rare-disease drug Skyclarys has Wall Street giving Biogen another chance.
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What is moratorium period in health insurance?

livemint.com - 25 Apr 2024 14:35
What is moratorium period in health insurance? Moratorium period is also referred to as the look-back period in insurance. This is a safeguard clause built-in for the policyholders.
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Retire at 65? It's More Like 62.

Wall Street Journal - 25 Apr 2024 14:00
A new study suggests people are overly optimistic about how much they can work later in life.
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CIBIL score: What are the consequences of having no credit history? If a borrower has no credit score or history, banks may consider him/her as a higher risk borrower since they have no past data to evaluate their creditworthiness.
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Building your FY 2025 portfolio? Here are 5 real estate investment options Real estate in India remains a top investment choice in 2023, driven by economic growth and high asset allocation by Indian households. The article discusses diverse investment options like luxury rentals, second homes, ...
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Can charitable trusts invest in mutual funds and stocks? The law is unrestrictive, but lack of awareness and risk aversion makes the enforcement weak
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Mutual Funds, Stock Market to Public Provident Fund: Top five investments that can make you rich Top 5 investments that can make you rich: On National Financial Awareness Day, consider investments like stocks, and mutual funds, among others for solid returns
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Meta's License to Spend on AI Gets Checked

Wall Street Journal - 25 Apr 2024 13:00
The Facebook parent's capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.
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CIBIL: How to improve your credit score with a mortgage loan? Making regular mortgage payments demonstrates to credit bureaus that you are a responsible borrower. This positive payment history can have a significant impact on improving your credit score.
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Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
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