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Market News

Location American Market News for 6 February 2023

What's Next For Restaurant Brands Stock?

Forbes - 6 Feb 2023 14:00
What's Next For Restaurant Brands Stock? QSR's stock growth can be attributed to its impressive second and third-quarter results.
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Peloton Stock Has More Upside Despite Struggling Equipment Business Peloton stock posted a better-than-expected set of Q2 FY'23 results, giving investors some confidence that the turnaround plan unveiled last year is working.
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The smaller rival, Life Storage, rebuffed the company's overtures in December and January.
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Yellen Downplays Recession Fears After U.S. Unemployment Reaches 54-Year Low U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low.
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Luxury Goods Retailers Bracing For A Strong Valentine's Sales Season Luxury goods retailers could be headed for a strong Valentine's sales season if estimates prove accurate.
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The partners need to show that their revamped car-making alliance can deliver meaningful gains.
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Tech Giants' Cloud Pains Aren't Shared Equally

Wall Street Journal - 6 Feb 2023 21:04
The tech slowdown is finally hitting the cloud. The largest player might be paying the biggest price.
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January 2023 Earnings Roundup - The Outlook For McDonald's, Spotify, GM, Exxon And UPS Heading Into 2023 Earnings reports for some of the biggest companies came out in January and can provide investors with insights on what to expect this year.
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Nike Is Suing Lululemon Over Patent Infringement, Again: Here's What Investors Need To Know About The War Between These Athletic Apparel Giants Nike utilizes the court system frequently, and its latest case is against Lululemon. This marks the second IP case between the two giants in just one year.
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What Are Small-Cap Value Stocks, And Which Should You Buy In 2023? Investors who want higher returns can look into small-cap value stocks since they may outperform the market in the long run.
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How to assess the right amount of life cover?

livemint.com - 6 Feb 2023 19:06
How to assess the right amount of life cover? Buying a sum assured equivalent to 10 times the annual salary is one of the ways to assess your insurance need, and arrive at a bare minimum insurance cover
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How budget has changed taxation for NRIs and RNOR

livemint.com - 6 Feb 2023 18:57
How budget has changed taxation for NRIs and RNOR The tax collected at source rate is proposed to be increased to 20%, except in case of remittances towards education or medical purposes
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New tax on distribution income, a budget dampener for Reits, InvITs Budget proposal makes amortization of debt taxable in hands of unitholders under 'income from other sources'
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We've Struck Oil: 3 Energy Plays Yielding Up To 11% What's better than a safe 11% dividend? How about one with 11% upside or more, too!
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Here's What To Expect From Coca-Cola's Q4

Forbes - 6 Feb 2023 17:00
Here's What To Expect From Coca-Cola's Q4 We expect KO stock to trade sideways, with revenue likely falling slightly below, but earnings above the consensus estimate, driven by pricing actions.
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Once Flush Savings Accounts Are Starting to Run Dry

Wall Street Journal - 6 Feb 2023 17:00
The combination of high prices and the end of pandemic relief programs ate into household savings.
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Market Rally Stirs Concerns It Could Feed Inflation

Wall Street Journal - 6 Feb 2023 15:47
Economists disagree about how much market-driven financial conditions influence the economy relative to interest rates set by the Federal Reserve.
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Rates, Jobs And China Weigh On Stocks

Forbes - 6 Feb 2023 15:30
Rates, Jobs And China Weigh On Stocks A significantly stronger than expected jobs report on Friday took markets by surprise.
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What's Next For Electronic Arts Stock After 10% Cut In A Week Following Dismal Q3? Electronic Arts stock (NASDAQ: EA) is down 6% in a month, underperforming the broader markets, with the S&P 500 index up 9%.
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Stocks Poised for Losses, Treasury Yields Rise

Wall Street Journal - 6 Feb 2023 14:37
Futures pointed to further losses for U.S. stocks, after strong jobs data last week raised the prospect of more rate increases by the Federal Reserve.
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The group said its founders will prepay the loan that was backed by shares of some of its companies, a move to shore up investor confidence.
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Explainer: How short selling works and why it hasn't picked up in India Poor liquidity in stock lending & borrowing mechanism; tough to short stocks outside F&O
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