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Market News

Location American Market News for 3 February 2022

Oil Frackers Brace for End of the U.S. Shale Boom

Wall Street Journal - 3 Feb 2022 16:53
Companies have tapped many of their best wells. The limited inventory leaves the industry with little choice but to hold back growth, even amid the highest oil prices in years.
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Users have the option to turn their refunds into more than 100 cryptocurrencies, such as bitcoin or ethereum.
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Amazon reported earnings after the bell. Here are the results.
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Compare your bank FD rates

livemint.com - 3 Feb 2022 22:30
Compare your bank FD rates Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures
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Exelon Completes Spin-Off Of Constellation Energy On February 23, 2021, Exelon Corporation had announced a tax-free spinoff of its generation business unit into a new, independent publicly-traded company named Constellation Energy Corporation (CEG).
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Ten things to know about crypto taxation

livemint.com - 3 Feb 2022 21:40
Ten things to know about crypto taxation The proposals in the Budget do not imply that crypto assets have gained legal tender status
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Is it worth taking education loan to study abroad?

livemint.com - 3 Feb 2022 21:21
Is it worth taking education loan to study abroad? Taking an education loan is a good start to building a credit history that helps apply for credit later in life
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Facebook Faces An 'Existential Moment' After $230 Billion Stock Crash Facebook's stock had its biggest drop ever, losing a quarter of its value in one day.
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Spotify Needs Joe Rogan and Music Fans

Wall Street Journal - 3 Feb 2022 20:16
Disappointing margin and subscriber forecasts sink the stock and show why the streaming platform needs all listeners tuned in.
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Are maternity benefits covered under group health insurance? Maternity is one of the common benefits offered under group health insurance
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Meta Platforms Enters Oversold Territory

Forbes - 3 Feb 2022 18:58
Meta Platforms Enters Oversold Territory In trading on Thursday, shares of Meta Platforms entered into oversold territory, hitting an RSI reading of 25.7, after changing hands as low as $237.07 per share.
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Tech stocks have been "priced way beyond perfection" and now face scrutiny as interest rates are poised to rise.
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How To Find Inflation-Protected Payouts For 40% Per Year As the stock market returns to Planet Earth, we contrarians will have an opportunity to cherry pick some bargains.
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How the Olympics Could Affect the Stock Market

Wall Street Journal - 3 Feb 2022 18:00
Studies show that losses in sports events have an investing impact--another way that our moods can mess with financial success.
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Wells Fargo Gamed System in Investor Arbitration, Judge Says

Wall Street Journal - 3 Feb 2022 17:45
A Georgia judge said the bank and its lawyer secretly manipulated a list of potential arbitrators.
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Tech Stocks Plunge After Facebook's Massive Earnings Miss, Nasdaq Falls 2% Social media stocks including Snap and Twitter plunged on the news as the recent comeback in tech stocks faltered.
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The European Central Bank And The Bank Or England Moves Are Focusing In On Inflation Mega-tech stocks are looking for Amazon to make up for Meta's miss, but unless earnings are better than stellar investors may not be impressed.
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America's Best Banks 2022

Forbes - 3 Feb 2022 16:45
America's Best Banks 2022 U.S. banks had a strong year as the U.S. economy emerged from the shortest lived recession in U.S. history. Here's our exclusive look at America's best banks in 2021.
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The Facebook parent's shares plunged on its poor results and gloomy outlook; Other tech stocks were also falling.
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At $1,550, Is Samsung The Best Value Tech Stock? Samsung Electronics stock has declined by about 23% year-to-date in 2022 and remains down by about 16% over the last year. The decline is driven by a sell-off in technology stocks this year and concerns about the traject...
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Why Medicare Surcharges Shock Retirees During Tax Season

Wall Street Journal - 3 Feb 2022 16:00
Also: Answering a reader's question about qualified charitable distributions.
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The nation's access to debt markets hit a bump this week in a sign that investors are getting jittery about the possibility of a Russian invasion.
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