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Market News

Location American Market News for 1 December 2021
Two 'Pseudo-Facts' About Semiconductors That Could Distort The CHIPS Act (Part 4) Pseudo-Facts are like bugs in the software. Best to dig them out.
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Salesforce said earnings per share for the December quarter would be between 72 and 73 cents, lower than Refinitiv analyst expectations of 81 cents.
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Has Bitcoin Been Building Up Resistance Near The $60,000 Level? Bitcoin prices have moved toward $60,000 multiple times recently. Is the digital currency establishing support near that level? Several analysts weigh in.
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Bullish Trendline Could Help Retail Stock Stage Rebound Retail giant Macy's (M) has been chopping lower on the charts since notching a Nov. 18, three-year high of $37.95, but a bullish signal now flashing may help the shares bounce back.
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Software Stocks Are Next Risk Point For Traders A handful of key companies will report the next few days, including Zscaler, Box Inc., Veeva Systems, Splunk, Snowflake, Okta and CrowdStrike.
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Should you go for Edelweiss Financial's ₹500 cr NCD issue? Experts suggest that retail investors should not dabble in issues that are rated below     AA/AA+
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2 No matter the financial headlines, all roads will--eventually--lead to (even higher) inflation.
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Which funds should one consider for investing in gold?  If you are investing in an SIP in gold through mutual funds, it would be better to go with a gold fund
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Keep a smart, flexible and minimalist MF portfolio

livemint.com - 1 Dec 2021 20:51
Keep a smart, flexible and minimalist MF portfolio We have taken some strategic decisions to make the list more useful to ordinary investors
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How Much Student Loan Debt Is In Your State Does your state have the most student loans?
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What's Next For Merck Stock After FDA Advisors Back Its Covid-19 Pill? Just a few days back we discussed that the stock price of Merck is being weighed down due to concerns around its Covid-19 antiviral pill - Molnupiravir - which has an efficacy of 30% against hospitalization and death in ...
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PACCAR Inc. Will Drive More Profits

Forbes - 1 Dec 2021 19:26
PACCAR Inc. Will Drive More Profits Strong brand awareness, manufacturing expertise, and a large distribution network give this company a leg up in an industry facing change.
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How AI Can Help Close The Racial Wealth Gap Artificial intelligence shows fantastic promise and, in many cases, has already proven successful for its intended purposes. Unfortunately, AI is only as good as the data it learns from.
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Salesforce offered a muted sales outlook; Zscaler lifted its revenue forecasts.
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Turkish Central Bank Props Up Collapsing Lira

Wall Street Journal - 1 Dec 2021 16:09
The central bank sold foreign reserves after the lira reached new lows following comments by President Recep Tayyip Erdogan in defense of his unorthodox economic policies.
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Build-out of wind and solar farms is accelerating as rising power prices help offset input cost inflation.
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Money changes that can impact your finances in December EMI transactions for SBI credit card customers are set to become costly as the Bank will charge a processing fee of ₹99.
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The hedge-fund billionaire and New York Mets owner is backing a startup that wants to let investors trade stocks 24 hours a day, seven days a week.
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Are Battery Cost Improvements Still A Big Driver Of Tesla's Margins? The cost of batteries, which are a key building block of electric vehicles, has declined considerably in recent years. Per Bloomberg New Energy Finance, EV industry average battery prices have declined from an average of...
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Salesforce Needs to Keep Having It Both Ways

Wall Street Journal - 1 Dec 2021 15:00
The cloud giant has sharpened its focus on profitability, but investors still want high growth numbers as well.
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Sell Occidental Petroleum Stock Ahead Of OPEC Meet? The global economic recovery observed a headwind last week after the WHO declared the Omicron coronavirus mutation as a variant of concern. The benchmark oil prices fell sharply as market participants anticipated demand ...
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What's Next For Teleflex Stock After Its Recent PTD Recall? The stock price of Teleflex, best known for its single-use medical devices for common diagnostic and therapeutic procedures, has seen a decline of 12% over the last month, while it was down over 4% last week. The company...
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