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Market News

Location American Market News for 2 February 2022
New ITR filing: How much do you have to pay for filing updated income tax return FM has announced that the revised income tax return (ITR) filing window will remain open for two years from the year of assessment in case of less filing of tax
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Student Loan Cancellation Is Regressive, But Now The Author Defends His Claims Is student loan cancellation regressive?
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Growth Hedge Funds Suffer Worst Rout in Years

Wall Street Journal - 2 Feb 2022 20:01
January's selloff dealt double-digit losses to a range of funds investing in technology and high-growth companies, sparking questions about whether a lucrative strategy for these firms is running out of steam.
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Hopes are rising that Europe will avoid a winter energy crisis that some feared would play to Russian President Vladimir Putin's advantage as Moscow prepares for a possible invasion of Ukraine.
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Tech Stock Futures Climb After Strong Alphabet Earnings

Wall Street Journal - 2 Feb 2022 15:43
Nasdaq futures pointed to a jump in tech stocks after Google parent Alphabet reported a surge in profit, sending its shares more than 10% higher in premarket trading.
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GM Signals an Easing of the Car Shortage

Wall Street Journal - 2 Feb 2022 15:14
General Motors expects to increase production by as much as 30% this year as chip supplies improve, giving dealers more to sell and possibly keeping a lid on inflation.
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Is AT&T Stock A Bargain At $25?

Forbes - 2 Feb 2022 15:00
Is AT&T Stock A Bargain At $25? AT&T stock, which currently trades at $25 per share looks like a good investment opportunity at the moment. The stock is down 36% from the level of $39 seen in the beginning of 2020. It traded at $38 in February 2020 (ju...
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Intercontinental Exchange Stock To Edge Past The Revenue Consensus In Q4? Intercontinental Exchange is scheduled to report its fiscal Q4 2021 results on Thursday, February 3, 2022. We expect Intercontinental Exchange to top the revenue estimates, while earnings will likely miss the expectation...
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PayPal reported mixed Q4 2021 earnings Tuesday and provided guidance for the next quarter that fell short of analyst estimates.
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Starbucks reported adjusted earnings per share of 72 cents and revenue of $8.1 billion.
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AMD has been riding a surge in PC and electronics sales over the past two years.
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In Q1 2022, Spotify expects to report 418 million monthly active users. Analysts anticipated guidance of 417.8 million, according to StreetAccount.
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Does The Technical View Point To A Change In The Major Trend? A review of the monthly and weekly technical studies as of the end January can give one important data as to what may happen in the month ahead. The Viper Report's Tom Aspray tells readers what he is watching now.
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EA Will Stand Fine Alone

Wall Street Journal - 2 Feb 2022 21:34
The Battlefield franchise misfired in the latest quarter, but Electronic Arts holds a diverse lineup that will keep its business strong even as rivals get swallowed up in an M&A wave.
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Earnings Preview: What To Expect From Meta Platforms - The Company Formerly Known As Facebook - Today Meta Platforms, formerly Facebook, is scheduled to report earnings today. Here is a closer look.
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Earnings Preview: What To Expect From Spotify Today Spotify is scheduled to report earnings after today's close. Here is a closer look at the numbers.
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Most Borrowers Won't Get Student Loan Forgiveness When it comes to student loan forgiveness, beware the dangers of income-driven repayment plans.
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PayPal's Downshift Shows Two-Speed Spending Outlook

Wall Street Journal - 2 Feb 2022 19:56
While the company's shares are tumbling after it cut its 2022 outlook, other payments stocks are rallying on hopes of higher travel spending.
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Esops are great, but they come with taxes too

livemint.com - 2 Feb 2022 19:54
Esops are great, but they come with taxes too Esops issued by startups set up till March 2023 will be eligible for deferring tax on perquisite
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Ford Motor Stock Cools Off Before Earnings

Forbes - 2 Feb 2022 19:31
Ford Motor Stock Cools Off Before Earnings Automaker Ford Motor (F) kicked the year off on the right foot, soaring to an all-time high of $25.87 on Jan. 13 amid the company's increases efforts to establish itself as an electric vehicle (EV) competitor.
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Budget bans bonus stripping of shares, units of Reit, InvIT Bonus stripping is an act of buying the units of a fund with an intent to earn bonus units and sell original units at less price
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Which direct stocks should I invest in to prevent overlapping? Fresh inflows into international funds have been suspended due to the mutual fund industry hitting the Sebi limit
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