Market News
Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
CNBC - 8 Aug 2024 01:56
Warner Bros. Discovery reports earnings after the bell.
Stocks Drop With Traders on Edge After Global Selloff
Wall Street Journal - 8 Aug 2024 00:32
Walt Disney and Airbnb shares fall after the companies' earnings reports.
Tim Walz's and JD Vance's Personal Finances Couldn't Be More Different
Wall Street Journal - 7 Aug 2024 22:23
How the rival running mates manage their money and investments.
Disney's Blockbusters Can't Smooth Parks' Rough Ride
Wall Street Journal - 7 Aug 2024 20:52
Weakening consumer spending is hurting the Mouse House in its most profitable business: theme parks.
ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide
livemint.com - 7 Aug 2024 20:47
The income tax department usually takes four to five weeks to issue a refund. But if you do not receive the refund on time, you can check the intimation received from the income tax department.
Here's why Eli Lilly is down heading into earnings -- and how we plan to play it
CNBC - 7 Aug 2024 20:01
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
U.S. Crude Oil Inventories Fall for Sixth Straight Week
Wall Street Journal - 7 Aug 2024 18:53
U.S. crude oil inventories fell for a sixth consecutive week, dropping by 3.7 million barrels, while product stocks rose as refineries increased their capacity use.
Sunrun sees market opportunity after SunPower files for bankruptcy, company's shares surge
CNBC - 7 Aug 2024 18:41
Sunrun posted a surprise profit and sees opportunity to gain market share.
LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters
livemint.com - 7 Aug 2024 18:00
LTCG Amendment: Experts consider the latest amendment a positive move since the government has given the flexibility to choose the method of tax calculation based on what leads to a lower tax liability on the properties ...
What Market Upheaval? Companies Are Selling Debt Just Fine
Wall Street Journal - 7 Aug 2024 17:00
Corporate bond prices and issuance are recovering after the recent rout.
Regulators Probing Big Banks' Handling of Zelle Scams
Wall Street Journal - 7 Aug 2024 17:00
Investigation examines whether JPMorgan Chase, Bank of America, Wells Fargo and others do enough to shut down accounts controlled by bad actors.
SoftBank's Latest Big Purchase Could Be One of Its Best
Wall Street Journal - 7 Aug 2024 16:29
With its stake in chip maker Arm worth more than its own market value, a $3.5 billion buyback announcement was cheered by investors.
CVS slashes profit outlook on higher medical costs, says top Aetna executive will leave
CNBC - 7 Aug 2024 16:18
CVS said higher medical costs are weighing on its insurance business, and announced Aetna President Brian Kane will step down.
Sebi's proposed new asset class is just the ticket for affluent Indians
livemint.com - 7 Aug 2024 15:52Property sold at loss: Expert advice on tax filing and investments
livemint.com - 7 Aug 2024 14:32
Any capital gain or loss arising on the transfer of a capital asset is taxable in the hands of the person who had actually provided the funds for the investment.
Sony rules out renewing offer for Paramount, says it wouldn't fit strategy
CNBC - 7 Aug 2024 13:55
Hiroki Totoki, Sony's chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.
The Insurance Industry Is Winning a Fight to Kill New Protections for Retirement Savers
Wall Street Journal - 7 Aug 2024 13:49
A Labor Department rule is forecast to curb commissions on annuities sharply. The products are sold as a way to convert retirement savings including an IRA into an often-guaranteed income stream that can carry hefty char...
Big Food Would Benefit from Private Ownership
Wall Street Journal - 7 Aug 2024 13:30
Mars's bid for Kellanova highlights the benefits of being out of public view.
Scripbox's fee-based advisory: A potential challenger for Groww, Zerodha Coin?
livemint.com - 7 Aug 2024 12:41
Scripbox's fee-based advisory service challenges the commission-driven mutual fund models. By offering this service, Scripbox aims to address the pitfalls of execution-only platforms, such as of Groww and Zerodha Coin, p...
FTSE 100 leaps as Bank of Japan moves to stem global stocks rout
Telegraph - 7 Aug 2024 12:05
The FTSE 100 has jumped higher after the Bank of Japan helped steady the global stocks rout as it insisted it will not raise interest rates while the financial markets are unstable.
Sony posts 10% jump in profit, beating estimates on strong gaming growth
CNBC - 7 Aug 2024 11:04
Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.
Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook
CNBC - 7 Aug 2024 10:48
Novo Nordisk on Wednesday announced its second quarter earnings for 2024.