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Market News

Location American Market News for 15 February 2023
Palantir Stock Looks Like A Buy Despite Slowing Growth Big data and analytics player Palantir Technologies stock reported a stronger-than-anticipated set of Q4 2022 results on Friday.
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Shares of Zillow popped Wednesday after the company released fourth-quarter earnings that beat analysts' expectations.
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If Elon Musk Quits As Twitter CEO, Tesla Stock Should Trade Below $50 After falling short of 2022 expectations, Tesla is even more overvalued than it was at the beginning of 2023.
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Biogen Boss Turns Corner on Alzheimer's Miscues

Wall Street Journal - 15 Feb 2023 20:16
The biotech company needs to embark on new growth path as former Sanofi CEO Chris Viehbacher takes the helm.
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The case for priority distribution model in AIFs

livemint.com - 15 Feb 2023 19:36
The case for priority distribution model in AIFs Private funds blend capital from investors of varying risk-reward profiles
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Should you opt for transfer of personal loan balance? For most people, a personal loan is the answer to their immediate financial crisis.The benefits of loan balance transfer may be limited if you have repaid most of the existing loan
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Is it sensible to have more than one credit card in your wallet? Multiple cards can mean multiple payment dates to track. If you miss a due date, you will need to pay a late fee and other penalties, and your credit score will take a hit. You can even fall into a debt trap if you overs...
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Jefferies Spinoff Vitesse Energy Undervalued Total revenue grew 55.0% YoY to $300.1 million and was driven by growth in Oil and Natural gas segments.
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Europe's Latest 'Green New Deal' Is Counterpunch To U.S. Inflation Law Barclays Capital takes a look inside Europe's counter to the U.S. Inflation Reduction Act.
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This Snubbed Fuel Is The Place To Be For 5.6% Dividends And Gains Natural gas prices have been completely washed out--and that's set up some sweet dividend opportunities for us contrarians to tap into.
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Only Eight Dow Components With Recent Insider Buying, Nike Is One Of Them Within the 30 components of the Dow Jones Industrial Average, only eight companies have experienced such buying over the trailing six month period, one of which was Nike
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Housing Market Downturn Pushes Record Number Of Investors Away--Here's Why That's Good News For Home Buyers Last quarter's drop in investor purchases surpassed the largest decline during the subprime mortgage crisis in 2008, when investor purchases slumped 45% as the housing market abruptly imploded.
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Shares of Roblox popped Wednesday after the company reported fourth-quarter earnings that beat analysts' expectations.
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Wall Street's main regulator is set to propose heightened requirements for businesses that safeguard assets for fund managers.
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Stocks Slip After Strong Retail Data

Wall Street Journal - 15 Feb 2023 16:31
Stock benchmarks edged down after data showed a rebound in retail sales, a readout that could encourage the Federal Reserve to keep combating inflation by raising interest rates.
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Crypto Regulations Update: The SEC Goes After Unregistered Securities After a particularly volatile year, the SEC has been cracking down on crypto companies. Here's what prompted these crackdowns and what to expect moving forward.
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Glencore Profits Handsomely From Energy Security

Wall Street Journal - 15 Feb 2023 16:28
The company's next cash cow is probably copper, but the fortunes for both depend heavily on China.
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International Flavors Stock Down 15% Over Last Week. What's Next? International Flavors and Fragrances' stock (NYSE: IFF), a manufacturer of flavor and fragrance compounds used to improve the flavor or fragrance in a variety of consumer products, has declined by about 15% over the last...
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CPI Number In Line While Retail Sales Are Stronger Than Expected If markets were hoping yesterday's Consumer Price Index (CPI) report would provide some clarify over inflation, they were left disappointed.
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Gucci's Owner Needs Some Retail Therapy

Wall Street Journal - 15 Feb 2023 15:34
One way for Kering to catch up with its main competitor, LVMH, is to shop for new brands.
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U.S. CPI Drops Slightly In January, But Fed Now Expects Higher Rates For Longer Tuesday's CPI report marked the seventh consecutive month of annual inflation cooling off following June's 9.1% high.
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With Growth Picking Up, What's Next For Uber Stock? Ride-sharing major Uber stock (NYSE: UBER) has rallied by almost 35% year-to-date in 2023, outperforming the Nasdaq-100, which was up about 13% over the same period.
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