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Market News

Location American Market News for 18 April 2022
Algorithmic stablecoins that use financial engineering to link their value to the dollar have surged in popularity.
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Bank of America's Quarterly Profit Falls 12%

Wall Street Journal - 18 Apr 2022 14:06
The second-largest U.S. bank earned $7.07 billion, down from $8.05 billion a year earlier.
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Stocks This Week: Buy Fidelity National Information Services The S&P 500 is likely to decline early in the week but rally into Friday.
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Taking a cue from how Marcellus founder invests his money Saurabh Mukherjea allocates 90% of his investment portfolio towards equity and the rest in fixed deposits
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Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers A growing number of experts and companies alike are warning about the impact of surging inflation on consumer spending.
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Are Investors Too Optimistic On Halliburton Stock? The shares of Halliburton have almost doubled in value since the beginning of the year, pushed by surging benchmark oil & gas prices and the geopolitical uncertainty associated with the Russia-Ukraine war. However, the r...
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What To Expect From Lockheed Martin's Q1?

Forbes - 18 Apr 2022 19:40
What To Expect From Lockheed Martin's Q1? Lockheed Martin (NYSE: LMT) is scheduled to report its Q1 2022 results on Tuesday, April 19. We expect Lockheed Martin to likely post revenue and earnings above the street expectations. The company expects low single-dig...
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Should NRIs pay tax on investments abroad?

livemint.com - 18 Apr 2022 19:38
Should NRIs pay tax on investments abroad? Whether you will be taxed on your income in India will depend on your residential status, according to the Income-Tax (I-T) Act of India
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Tech funds lose sheen, but experts optimistic over long term On Monday, IT major Infosys Ltd slumped more than 7% after its March quarter earnings disappointed
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Credit spreads on AAA corporate bonds at historic low Many AAA-rated corporate bonds are offering only 8-9 basis points more than government securities today
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Free-Tweeting Elon Musk Has Flipped Us All the Bird

Wall Street Journal - 18 Apr 2022 18:25
Want proof that we are truly living in a simulation? Elon Musk winks, and we all nod. He doesn't even own Twitter yet.
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Snap Reports After The Close On 4/21 -- Options Contracts Expire The Next Day According to NextEarningsDate.com, the Snap SNAP next earnings date is projected to be 4/21 after the close, with earnings estimates of $0.01/share on $1.07 Billion of revenue.
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Spotify Rival Deezer Strikes SPAC Deal

Wall Street Journal - 18 Apr 2022 18:00
French music streaming service Deezer is merging with a special-purpose acquisition company aiming to go public at valuation of about $1.1 billion.
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Stock Splits Show Less is More in Today's Market

Wall Street Journal - 18 Apr 2022 17:10
S&P 500 companies are announcing stock splits at the highest rate in 10 years, showing the importance of individual investors to U.S. listed companies.
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When The Value Stocks Take Over From The Growth Stocks They don't raise a warning flag or sound some kind of alarm because no one really notices at first.
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The Good And Bad: Nokia Corporation & Dycom Industries See two of the featured stocks from this month's model portfolios.
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Overstated Operating Earnings Increase Risk For The S&P 500 Even After Index Falls In 2022 The Operating Earnings from S&P Global (SPGI) for the S&P 500 overstate Core Earnings, which increases downside risk for the index.
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Netflix Stock To Fall Due To Disappointing Subscriber Growth Netflix is losing market share and growing at less than half the rate of the industry. It needs a new strategy and it's current leadership seems out of gas.
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Student Loan Forgiveness: New Poll Shows 64% Support Will your student loans get cancelled?
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With Expectations Low, Can Netflix Spring A Q1 Surprise? Netflix is slated to report its Q1 2022 results on Tuesday, April 19. We estimate that Netflix's revenue will come in at about $8 billion for the quarter, marginally ahead of the consensus estimate of about $7.9 billion....
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Bank of America is supposed to be one of the big beneficiaries of rising interest rates -- but will that be enough to offset declines in investment banking?
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Will Harley-Davidson Stock Gain Post Q1 Results? Harley-Davidson is slated to report its Q1 2022 results on Wednesday, April 27. We estimate that Harley's revenue will come in at about $1.5 billion for the quarter, rising by about 5.5% versus last year and ahead of con...
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