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Market News

Location American Market News for 6 January 2022
Where Are Bitcoin Prices Heading Next After Today's Move Toward $42,000? Bitcoin prices dropped close to 10% today. Where will the cryptocurrency's price go next?
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How Financial Advisers Get Paid: What the Readers Think

Wall Street Journal - 6 Jan 2022 23:39
An earlier column suggested many retirees might be paying too much. Many investors agreed; financial advisers, not so much.
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New research suggests that if you aren't an average investor--and most people aren't--the one-size-fits-all approach isn't the way to go.
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Oil, Uranium Prices Jump Amid Kazakhstan Unrest

Wall Street Journal - 6 Jan 2022 21:53
The resource-rich country accounts for about 40% of the world's uranium output, which it sells to utilities in the U.S. and elsewhere.
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Should you invest in Nifty Next 50 Index funds?

livemint.com - 6 Jan 2022 21:26
Should you invest in Nifty Next 50 Index funds? Data shows that out of the 75 stocks that have graduated to the Nifty 50 Index in the past 19 years, 51 have been from the Nifty Next 50 Index
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What are your chances of retiring with ₹100 crore? In 2001, about one in three stocks gave returns that can be described as unicorn returns
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AT&T To Spin-Merge WarnerMedia With Discovery T, $25.64, Market Capitalization: $183.1 billion) announced that the company had received a favorable ruling from the IRS, signaling the deal to combine WarnerMedia with Discovery would be tax-free for shareholders.
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Bed Bath & Back From Beyond

Wall Street Journal - 6 Jan 2022 19:37
Bed Bath & Beyond's turnaround effort has been marked by trials and errors, including how the retailer chose to deliver returns to shareholders.
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Goodbye, Rent Assistance

Forbes - 6 Jan 2022 19:30
Goodbye, Rent Assistance Rent assistance due to the Covid-19 pandemic is ending in several states.
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Mis-selling in life insurance: Here are some key things to watch out for Make sure to read the policy details and seek clarity by asking relevant questions
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The Great Gold Love Trade Is Alive And Well, As India Buys A Record Amount India, the second largest consumer of the yellow metal after China, reported spending a record $55.7 billion on gold imports last year.
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The Fed's Great Unwinding Will Undercut Both Bonds And Stocks The Fed just provided the ominous signal that means bonds and stocks are destined to fall
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The Fed's Warning Crashes Bitcoin And Crypto Prices--A Shaky Year Ahead Bitcoin and cryptocurrency prices crash after the Fed's inflation warning and a massive shift in its policy--which hints at a shaky 2020 for crypto
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Dividends Will Shine In The 2022 Stock Market Mess The 2022 edition of the stock market is probably going to be a mess.
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Tesla Is No Longer Alone With 'Full Self Driving' Promises

Wall Street Journal - 6 Jan 2022 17:36
Announcements at this week's Consumer Electronics Show from General Motors and Intel's Mobileye suggest driverless cars for consumers could come around 2025
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Alphabet, Magnite: How Are Ad Tech Stocks Faring? Our theme of Ad Tech Stocks - which includes Internet platform players and more specialized ad technology players - has underperformed considerably over 2021, rising by just about 6% over the year, compared to the S&P 50...
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Mixed Earnings Reports From Walgreens, Constellation Brands, ConAgra, And Bed Bath & Beyond The VIX rose above 20 as the strengthening dollar could become a drag on large multinational companies.
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Bed Bath & Beyond CEO Mark Tritton said a lack of inventory due to supply chain bottlenecks cost Bed Bath & Beyond about $100 million.
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Rivian Stock Down 40% From Its Highs, But Don't Buy Yet Electric pick-up truck startup Rivian stock declined by 13% over the past month to levels of about $101 per share currently. This compares to the S&P 500 which remains up by about 4.5% over the same period. The stock als...
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Walgreens said it administered 15.6 million Covid vaccines in the latest quarter -- bringing its total to more than 56 million to date.
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Meme Stocks Slump to Start New Year

Wall Street Journal - 6 Jan 2022 16:13
Individual investors' favorites GameStop and AMC are off to a rocky start, with both losing more than 10% in 2022.
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Despite Recent Headwinds, Shopify Stock Looks Like A Buy At $1,220 Shopify stock (NYSE: SHOP) has declined by almost 28% since mid-November, trading at levels of around $1,220 currently. In comparison, the S&P 500 was up by about 2% over the same period. The sell-off comes as Shopify's ...
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