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Market News

Location American Market News for 7 May 2024
From lower interest rates to strong bargaining power, 5 long-term benefits of high CIBIL score With a high credit score, you are likely to qualify for loans and credit cards with lower interest rates. Over time, this can save you a significant amount of money in interest payments, especially on large loans such as...
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Disney's second-quarter results showed an improving streaming business and a rapidly declining linear TV unit
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Nintendo said it sold 15.7 million units of its flagship Switch console in the year ended March 2024, beating its own forecasts.
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Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.
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S&P 500 Edges Higher to Stretch Rally

Wall Street Journal - 8 May 2024 00:28
Disney's stock dropped after the media giant reported a quarterly loss.
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Disney's current quarter guidance disappointed Wall Street. But the sell-off looks overdone to us.
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Disney's Kingdom Loses Some Post-Covid Magic

Wall Street Journal - 7 May 2024 20:48
A disappointing earnings forecast for theme parks raises questions about demand trends for a key profit source at the company.
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The Toxic Atmosphere at the FDIC. A WSJ Investigation.

Wall Street Journal - 7 May 2024 20:37
The Wall Street Journal revealed how the federal banking agency failed to address sexual harassment and other toxic workplace behaviors by its employees.
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This Kerala-based NBFC's NCDs promise to double your money in 75 months. Should you invest? In six years and three months, an investment in non-convertible debentures issued by Muthoot Mercantile would grow 100 per cent. The issue will close on May 17.
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Kellogg's Cereal Unit Snaps Back, Might Soon Turn Soggy

Wall Street Journal - 7 May 2024 19:37
WK Kellogg no longer looks cheap, having rallied since spinoff from Kellanova.
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Is it better to have single or joint holding in mutual funds? Joint holding makes transactions difficult and opens up the risk of disputes
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Faced a financial setback? Here are 6 steps to follow to improve your CIBIL score It takes time to improve your CIBIL score after a financial setback. Borrowers should take a number of steps which include monitoring their score, paying bills on time, reducing their credit card balances and avoiding to...
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Godrej family settlement agreement: Lessons to learn to save disputes and taxes For a 'family arrangement' to have a legal binding effect on the parties to the settlement, it should be bonafide, voluntary and aimed at resolving family disputes and rival claims.
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Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.
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Demat Accounts: 12 key benefits of using auto pay facility for trade settlements Auto pay facilities streamline recurring payments by automating deductions, enhancing liquidity management, and reducing errors in trade settlements. Investors can customise schedules, track transactions, and improve cre...
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Income Tax: Want to opt out of the new tax regime? Here is a step-by-step guide Taxpayers have to file form 10-IEA which is an application for exercise of option under section 115BAC(6), i.e., for opting out of new tax regime
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What legal obligations exist for landlord access to rented premises? In the event, if the parties to the deed have predetermined and agreed upon the manner of notifying for inspection of the tenanted premises then, you (as landlord) must address a prior notice (as per the agreed mode of c...
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How can a trust open a demat account in India? Here's a step-by-step guide Trusts in India can open demat accounts for streamlined investment management. The process includes selecting a DP, submitting required documentation, signing an agreement, verification, and account activation. Demat acc...
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Home Depot and Walmart kick off first-quarter retail earnings next week.
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Cerberus made a big profit, but Steward went bankrupt and its landlord suffered big losses.
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Gen Z Sinks Deeper Into Debt

Wall Street Journal - 7 May 2024 13:30
Inflation drove young Americans to credit cards to cover costs, leaving them with bigger balances.
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Tesla Faces Strong Self-Driving Rivals in China

Wall Street Journal - 7 May 2024 13:30
Elon Musk's visit stoked excitement, but the company has plenty of homegrown competition for FSD.
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