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Market News

Location American Market News for 14 February 2023
Alphabet Stock Lost 10% In One Week, What's Next? Alphabet (Google's) stock (NASDAQ: GOOG) has lost 9.8% in the last week, underperforming the S&P 500 (down 1%).
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Coca-Cola HBC Rises 5.9%, Leads FTSE 100 Higher As Sales Hit Record Levels Net sales soared to record peaks of €9.2 billion in 2022.
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Binance Coin Falls To Lowest Since Mid-January After Regulatory Intervention Binance coin dropped to its lowest value in more than one month today after markets responded to news that Paxos will stop issuing new units of Binance USD. What else drove this volatility? Analysts weigh in.
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Coke said its unit case volume, which strips out the impact of currency and price changes, fell 1% in its fourth quarter.
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Will Barrick Gold Stock Recover From The Sell Off? The shares of Barrick Gold Corporation (NYSE: GOLD), one of the largest gold producers in the world, have declined about 7% over the last month, compared to the S&P 500 which remains up by about 3% over the same period.
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Stocks Swing After Inflation Data

Wall Street Journal - 14 Feb 2023 23:37
The Dow fell and the Nasdaq rose after data showed inflation cooled for the seventh straight month in January.
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Inflation Report: Don't Believe The Hype

Forbes - 14 Feb 2023 22:04
Inflation Report: Don't Believe The Hype What does the latest inflation data mean for markets and the economy? Commonwealth CIO Brad McMillan crunches the numbers.
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How To Invest In Bitcoin For Beginners

Forbes - 14 Feb 2023 21:49
How To Invest In Bitcoin For Beginners Investing in crypto diversifies your portfolio with nontraditional assets that may not correlate to widespread market movements.
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Expect More Volatility: Stock Market Swings After Inflation Fuels Uncertainty Over Fed Rate Hikes The Dow has moved 1.85% on the day of the last 10 consumer price index releases on average, more than twice as much as on non-CPI trading days over the last 10 months.
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Do you qualify for higher pension under employees' provident fund? As a member of the EPF scheme, an employee is entitled to receive a lump sum amount at the time of retirement (provident fund), pension after attaining the age of 58 years (pension fund) and insurance benefits in case of...
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Global stocks: Small investors may face brunt of 20% TCS Investing in global stocks is no more a simple task for small investors
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Can children claim rights over property that has been sold? Once the ancestral property is partitioned, it ceases to have the character of 'ancestral property' and becomes 'self-acquired property' in the hands of the family member who has received it, which gives such family memb...
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Inflation Brings Back the Heat

Wall Street Journal - 14 Feb 2023 18:26
Fed Chair Jerome Powell warned of bumps on inflation's road downhill and we just got one.
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Adani Gets a Reprieve, Courtesy of the Black Stuff

Wall Street Journal - 14 Feb 2023 17:29
Last year's coal boom delivered a win for Adani Enterprises on Tuesday. Deleveraging may prove tougher with coal prices lower now, however.
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Tesla Board Member Jabs At Elon Musk As Questions About Twitter Distractions Mount Hiro Mizuno's comments follow a nosedive for Tesla shares largely inspired by Musk's purchase of Twitter and the launch of an activist campaign from a staunch Musk critic.
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Tripadvisor Stock To Likely Trade Lower Post Q4 We expect Tripadvisor's stock to trade lower due to revenues and earnings missing consensus estimates.
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Here's How To Play Overblown China Fears For A 9.5% Dividend I know that sounds obvious, but it can be easy to forget when alarming headlines--a war or a pandemic, say--flash across our screens.
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Why The Tesla Rally Could Continue

Forbes - 14 Feb 2023 16:00
Why The Tesla Rally Could Continue Tesla stock has seen a considerable rally, rising by 60% over the last 21 trading days.
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Twilio Layoffs: Twilio News And Twilio Stock Outlook Twilio is cutting jobs again, announcing plans to drop 17% of its workforce. This is the company's second round of layoffs in five months.
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The restaurant chain company named Chief Operating Officer Joshua Kobza as its new chief executive, replacing José Cil.
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What Is A Rolling Recession?

Forbes - 14 Feb 2023 15:54
What Is A Rolling Recession? A rolling recession is an economic downturn that impacts different industries at different times. Here's what it means for the economy and investors.
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Inflation Fell To 6.4% In January--But Is Still Worse Than Economists Expected As Rent, Food And Gas Prices Keep Rising Prices jumped 0.5% on a month-to-month basis, breaking a three-month streak of improvements.
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