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Market News

Location American Market News for 11 November 2022

Viatris Executive Charged With Insider Trading

Wall Street Journal - 11 Nov 2022 03:16
Prosecutors and regulators say Ramkumar Rayapureddy, global chief information officer, tipped a friend about a regulatory drug approval.
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What's Next For Domino's Pizza Stock After A 12% Rise In A Month? It should be noted that the company's sales have fallen for two consecutive quarters in the core U.S. market.
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Is A Fall Imminent For Merck Stock After A 12% Rise In A Month? Going by historical performance, there is a meager chance of an increase in MRK stock over the next month.
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The founder of the crypto exchange, until recently seen as a steady hand in the Wild West of digital assets, is now under investigation and his company filed for bankruptcy. HIs downfall cast a shadow on efforts to make ...
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Multicoin Capital is among the firms with money stuck at the collapsed crypto exchange.
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Will Gloom About China Prevail After Biden-Xi Talk On Monday? Even if the G20 talk goes nowhere, China ending its awful zero covid policy will be welcomed by a market that's abandoned them all year.
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Cost cuts and higher sales helped EV maker Polestar trim its operating loss from a year ago. The company expects to deliver 50,000 vehicles in 2022.
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Bitcoin Weekly Roundup: Cryptocurrency Retains Most Of Its Gains After Bouncing Back Bitcoin prices experienced some notable volatility this last week, falling below $16,000 as markets responded to concerns about exchange FTX but then rising above $18,000 yesterday. Since recovering, the digital currency...
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FTX Files for Bankruptcy; CEO Resigns

Wall Street Journal - 11 Nov 2022 18:37
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would begin a process to review and monetize assets for stakeholders.
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International Business Machines A Top 25 Dividend Giant With 4.67% Yield International Business Machines has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $17.83B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 4.67% yi...
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Elon Musk Picks a Bad Time to Test Twitter's Necessity

Wall Street Journal - 11 Nov 2022 17:49
Advertisers have paused their Twitter spend, and they may not come back--even if rivals don't pick them up.
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Tell Us About Your Experience in Crypto

Wall Street Journal - 11 Nov 2022 17:40
Have you ever traded cryptocurrencies or invested with a crypto lender? We want to hear about it.
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A Rundown Of All The Tech Layoffs--And What That Means for Tech Investors In recent months, dozens of companies have laid off a substantial number of employees to cut costs. Here's what it means for investors.
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Markets Are Crazy Enough Without This Kind of Fight

Wall Street Journal - 11 Nov 2022 17:00
Fighting with a financial adviser who has wronged you is wildly expensive--and the battle will almost certainly happen in secret. That needs to change.
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As Watch Sales Boom, Watch Flippers Face a Bust

Wall Street Journal - 11 Nov 2022 16:18
Although sales of brand-new watches are still healthy, speculative purchases for profit in the second-hand market are becoming less attractive
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Can Markets Continue Building On Thursday's Gains? To say we got a week's worth of activity out of this week is probably an understatement.
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Stocks Poised for Fresh Gains After Inflation Slowdown

Wall Street Journal - 11 Nov 2022 15:58
U.S. stock indexes were poised to extend gains and the dollar slid on hopes that slowing inflation will encourage the Federal Reserve to back off its campaign of aggressive interest-rate increases.
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Boeing Earnings Breakdown: Is Boeing Stock Grounded Or Just Delayed? After reporting a shockingly high loss, Boeing stock continued to tumble as the company lost confidence. It's creeping up again slowly, so let's take an honest look at Boeing's Q3 earnings report and future prospects.
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Is There Room For Growth In Boston Scientific Stock? Boston Scientific stock (NYSE: BSX) is up 6% in a month, marginally outperforming the broader S&P500 index, up 4%. The company reported its Q3 results in late October. Its top line was in line, but earnings were slightly...
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China Relief Rally Can Only Go So Far

Wall Street Journal - 11 Nov 2022 14:48
Covid restrictions will remain onerous for some time, and there remain many other issues to spook investors in China.
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S&P Stocks To Own Through Yearend

Forbes - 11 Nov 2022 13:00
S&P Stocks To Own Through Yearend Here are strong stocks to end through Q4.
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The Difficult Search for Dangerous Space Junk

Wall Street Journal - 11 Nov 2022 12:30
Earth's orbit is filling up with satellites, rocket bodies and debris. The companies hoping to profit from the cleanup job need a better picture of the problem.
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