Market News
StubHub Delays IPO Launch Due to Choppy Market Conditions
Wall Street Journal - 12 Jul 2024 19:22
The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.
Here's why Wells Fargo stock is down 7% despite the bank's quarterly earnings beat
CNBC - 12 Jul 2024 19:54
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Fixed Deposits: These six banks offer highest interest rates on five-year FDs. Check details
livemint.com - 12 Jul 2024 18:52The Score: Microsoft, Delta Air Lines, Wells Fargo and More Stocks That Defined the Week
Wall Street Journal - 13 Jul 2024 01:03
Here are some of the major companies whose stocks moved on the week's news.
Dow Rises Above 40000 With Investors Putting Rate Cut in Sight
Wall Street Journal - 13 Jul 2024 00:41
The Dow industrials closed above the level for the second time, with investors packing up for the weekend feeling confident that an interest-rate cut is around the corner.
We are upgrading our rating on Wells Fargo as investors dump stock post-earnings
CNBC - 12 Jul 2024 23:06
We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over.
A Couple Won the Powerball. Investing It Turned Into Tragedy.
Wall Street Journal - 12 Jul 2024 19:08
How high fees and low returns hurt a nonprofit that trusted a local financial adviser
Citigroup earnings are out - Here are the numbers
CNBC - 12 Jul 2024 16:02
Citigroup this week was rebuked for failing to address regulatory shortfalls, so analysts will be keen to ask CEO Jane Fraser about her long-running efforts.
Wells Fargo shares tumble after net interest income falls short of estimates
CNBC - 12 Jul 2024 15:58
The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.
Dealerships Hopeful EVs Will Bring Back That New Car Smell
Wall Street Journal - 12 Jul 2024 15:00
When autos become obsolete more quickly, dealers see more return customers.
The Supreme Court Blows Up a Popular Small-Business Succession Plan
Wall Street Journal - 12 Jul 2024 13:30
Life insurance can help pay for a transfer of ownership after a small-business owner dies. Now it may bring an unexpected tax bill.
It's Time for the Fed to End the Waiting Game
Wall Street Journal - 12 Jul 2024 13:30
There is no longer any good reason to delay cutting rates. Why wait until September?
Money markets ramp up bets on earlier US interest rate cuts
Telegraph - 12 Jul 2024 10:57
The Federal Reserve will begin cutting interest rates in September, money markets indicate, after US inflation continued to slow down.
JPMorgan Chase is set to report second-quarter earnings - here's what the Street expects
CNBC - 12 Jul 2024 08:01
While JPMorgan has passed numerous stress tests lately, it's possible the bank's consumers could begin showing more strain from higher interest rates.
EPFO settles claims worth ₹9,260 crore for 2023-24 at 8.25% interest. Details here
livemint.com - 12 Jul 2024 08:00
So far, EPFO has settled over 23.04 lakh claims and disbursed an amount of ₹9,260 crore to the members inclusive of latest interest rate declared @ 8.25% per annum, the provident fund body revealed in a series of posts
F&O trading: Do retail investors really need Sebi's big brother oversight?
livemint.com - 12 Jul 2024 07:30
In F&O trading, increasing lot sizes or bumping up margins might be a good idea to reduce the impact of the systemic risk.Reducing the number of expiries in the week reduces the zero-days-to-expiry rush