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Market News

Location American Market News for 11 January 2022
China Online Ed Stocks Fizzled; So Is China, Brazil and U.S. online education plays are in the gutter. Meanwhile, Russia is hopeful and gets in the game.
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Bloom Energy Stock Is Falling, But Don't Buy The Dip Yet Bloom Energy stock, a company that sells solid oxide fuel cell generators, has declined by almost 12% over the last week, considerably underperforming the S&P 500 which remains down by about 2% over the same period. The ...
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Chip makers shares were rising; China's car market snapped a three-year decline last year, helped by strong electric vehicle sales.
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Citigroup Stock To Report Mixed Results In Q4? Citigroup is scheduled to report its fiscal Q4 2021 results on Friday, January 14, 2022. We expect Citigroup to top the consensus estimates for revenues, while the earnings are likely to miss the expected figure. The ban...
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Down 45% From Highs, DoorDash Stock Finally Looks Like Decent Value DoorDash stock has declined by about 20% over the past month and remains down by over 45% from its early November highs. So what's driving the current sell-off? Although the fundamental picture hasn't changed too much fo...
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A fresh slug of funding for the electronics reseller underscores the heady market for startups in Europe, previously seen as an also-ran in the tech universe.
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Citigroup to Exit Mexico Consumer Banking Business

Wall Street Journal - 11 Jan 2022 23:22
CEO Jane Fraser has been trying to simplify the bank, concentrating on wealthy consumers and companies.
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Philip Morris International Shares Cross 5% Yield Mark In trading on Tuesday, shares of Philip Morris International were yielding above the 5% mark based on its quarterly dividend (annualized to $5), with the stock changing hands as low as $99.08 on the day.
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How much tax do you pay on equity investments?

livemint.com - 11 Jan 2022 22:21
How much tax do you pay on equity investments? Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
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$2,000 Stimulus Checks: Petition Hits 3 Million Signatures Will you get a 4th stimulus check?
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Good financial habits are key to wealth creation

livemint.com - 11 Jan 2022 19:32
Good financial habits are key to wealth creation One should invest in different asset classes with a view to control risk
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Will my father have a share in a house he built for my brother? Parents are entitled to claim maintenance under applicable laws from their children
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Traders Should Focus On Q4 Estimated Taxes Due January 18 Many traders have substantial trading gains for 2021, and they might owe 2021 estimated taxes paid to the IRS quarterly. Unlike wages, taxes aren't withheld from trading gains. Others can wait to make tax payments until ...
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Billionaire Ken Griffin's Citadel Securities Valued At $22 Billion After $1.2 Billion Investment From Sequoia, Crypto VC Paradigm The new funds mark the first time Citadel Securities has ever taken in a minority investment.
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These Popular Stocks Will Plunge In 2022 (Sell Now) Chinese stocks have cratered, and that might have you wondering if there are bargains to be had.
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Bitcoin And Ethereum Sell Off As The 10-Year Yield Touches 1.81% On Monday An amazing day from top to bottom as the appetite to buy the dip has not waned with the new year.
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Bank of America to Reduce Overdraft Fees to $10

Wall Street Journal - 11 Jan 2022 16:44
The lender said it would reduce overdraft fees to $10 from $35 beginning in May and would eliminate nonsufficient-funds fees in February.
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Will Humana Stock Rebound After A Large Fall Last Week? The stock of Humana has seen a large fall of 17% over the last month, while it was down around 22% last week. HUM stock rose from levels of around $390 in early October 2021 to levels of around $470 toward the end of the...
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Student Loans Will Change In 5 Major Ways In 2022 Here's what it means for your student loans.
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Citadel Securities to Receive First Outside Investment

Wall Street Journal - 11 Jan 2022 14:45
Sequoia Capital's and Paradigm's $1.15 billion investment values the electronic-trading firm majority owned by hedge fund billionaire Ken Griffin at around $22 billion.
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Fast Grocery Delivery Can't Make Fast Money

Wall Street Journal - 11 Jan 2022 14:33
Investors are pouring money into "instant" delivery of staples, but making money on them may not be so basic.
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What's Happening With Airbnb Stock?

Forbes - 11 Jan 2022 14:30
What's Happening With Airbnb Stock? Airbnb stock has declined by about 9% over the past month (about 21 trading days) and also remains down by over 20% since early November, trading at about $166 per share currently. The stock is likely being weighed down ...
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