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Market News

Location American Market News for 8 December 2022
Request follows the collapse of trading platform FTX and its affiliates
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Cannabis Investors Feel 'Emotional Whiplash' Around Dashed Prospects Of SAFE Banking Act Weed stocks rose this week when it looked as if Congress would finally pass crucial banking legislation. Then it all went to pot.
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Earnings Preview: What To Expect From Lululemon On Thursday Earnings Preview: What To Expect From Lululemon On Thursday. Here's a closer look.
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Tesla Shares Are Facing Multiple Headwinds, As CEO Musk's Attention Is Elsewhere Tesla shares are exposed downwards on technical patterns, fundamentals and valuation.
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How Powerful Is Tesla's New Semi Truck?

Forbes - 8 Dec 2022 21:45
How Powerful Is Tesla's New Semi Truck? Tesla's new semi truck recently started shipping out to customers like PepsiCo. Here are the specs, performance details, and what the future of clean commercial transit might look like.
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Couples who combine finances are happier. So why don't more do it? Joint bank accounts have risks that hold many partners back
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Volvo EV: Will A Volvo EV Drive Volvo Stock Upward? Volvo recently announced the EX90, a new all-electric SUV. The company is hoping to grow its customer base with this vehicle. Here's what it means for investors.
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Quebec Shuns Bitcoin Mining in Bid to Conserve Power

Wall Street Journal - 8 Dec 2022 21:00
The Canadian province wants to stop selling cheap power to cryptocurrency miners and direct energy to other areas, a priority shift.
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When it comes to investments, the VIP section isn't always better Real estate and credit investments accessible only to certain investors have performed well, but also have some important limitations
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US Investor Visa: Why are Indians lining up for EB-5? The anxiety over visas is very real for many Indian students and professionals in the US
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Here are the reasons why NRIs want a piece of India's real estate Real estate has been one of the preferred asset classes for most non-resident Indians (NRIs), according to a recent study by CII-Anarock Consumer Sentiment Survey--H1-2022
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Bargain-Hunting Smokers Give Big Tobacco a Headache

Wall Street Journal - 8 Dec 2022 17:34
Cheaper cigarette brands are taking market share from large rivals such as BAT and Altria as smokers look for ways to save cash.
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Blackstone Won't Be The Only Company To Halt Redemptions Private funds are always slow to mark down their holdings during a downturn. It's likely Blackstone and many others are feeling more pain than their statements have shown so far. However, private market stress isn't a re...
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Oracle To Edge Past The Street Expectations In Q2? It reported total revenues of $11.45 billion - up 18% y-o-y, mainly driven by a 14% increase in the cloud services and license support revenues and a 74% jump in the services segment.
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Well Done Is Better Than Well Said - The Mutual Benefit Of Integrating ESG With Compliance: Part Two How can a company truly demonstrate to its long-term stakeholders that its ESG strategy has been and will continue to be "well done"? The answer is through meaningful investments in and focus on, the often-forgotten comp...
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Unemployment Claims Highest Since February As Reports Of Major Layoffs Grow It's just a matter of time before worsening economic conditions start weakening payroll growth, one economist warns.
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Tax-loss harvesting comes with hidden risks

livemint.com - 8 Dec 2022 16:32
Tax-loss harvesting comes with hidden risks Investors crushed by the volatile markets of 2022 use tax-loss harvesting to boost returns. But the tax strategy comes with pitfalls everyone should know
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India's Outlook Is Surprisingly Bright

Wall Street Journal - 8 Dec 2022 16:31
Why investors might want to park their cash in the Asian country's economy.
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Frasers Group Shares Sink 9% Despite Profits Jump. What's Going On? Revenues and profits at the Sports Direct owner increased 12.7% and 53% during the six months to October.
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Is The Housing Market Slowing Down: Redfin 2023 Predictions As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down. Here's what it means for investors.
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How To Find The Best Style Mutual Funds 4Q22 Learn how to pick the best mutual funds with so many to choose from.
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What's Driving Roche Stock?

Forbes - 8 Dec 2022 16:00
What's Driving Roche Stock? Looking at the longer term, Roche stock is up 27% from levels seen in late 2018, compared to around 65% returns for the S&P500 index.
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