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Market News

Location American Market News for 23 February 2023

Citigroup Stock Has Growth Potential

Forbes - 23 Feb 2023 14:00
Citigroup Stock Has Growth Potential Citigroup's stock (NYSE: C) has gained 10% YTD, as compared to the 4% rise in the S&P500 over the same period.
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Relative Strength Alert For Johnson & Johnson But making Johnson & Johnson an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of JNJ entered into oversold territory, changing hands as low as $157.47 per share.
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Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 4% higher.
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What Is ESG Investing--And Why These Republican-Led States Are Trying To Ban It From Retirement Funds ESG assets are expected to top $33 trillion by 2026--but these 25 states say the investing practice undermines key protections for retirement savings.
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Warner Bros. Discovery reported its fourth quarter results after the bell.
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Signal Says Double Down On This Casino Stock WYNN is flashing two signals that together indicate the stock's torrid run is far from over
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The American affiliate of the world's largest crypto exchange faces risks to its business that may hurt its plan to buy the assets of bankrupt crypto lender Voyager Digital, according to securities regulators.
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New era of customer centricity awaits as IRDAI lays the groundwork Since the turn of the century, Insurance Regulatory and Development Authority of India (Irdai) has championed the cause of protecting policyholders' interests in India
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Everything you need to know about stock splits

livemint.com - 23 Feb 2023 20:08
Everything you need to know about stock splits Mumbai: Shares of IRB Infrastructure underwent a stock-split this week
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Things to keep in mind while adding a critical illness plan I have health insurance coverage of ₹5 lakh but want to make my policy more comprehensive
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Moderna Peers Over a Scary Profit Cliff

Wall Street Journal - 23 Feb 2023 19:50
The vaccine maker's profits will drop sharply this year as the debate around the stock moves to its pipeline of new vaccines and therapies.
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The new indictment offers detailed allegations about the FTX founder's conduct before the crypto exchange collapsed.
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Stocks Turn Lower, Extending S&P 500's Dayslong Selloff

Wall Street Journal - 23 Feb 2023 18:42
Concerns about the trajectory of interest rates have pushed investors to rethink their earlier optimism.
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How To Avoid The Worst Sector Mutual Funds 1Q23 I leverage my firm's data to identify two red flags you can use to avoid the worst mutual funds:
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Nvidia Cracks Wall Street's AI Code

Wall Street Journal - 23 Feb 2023 17:55
The optimism over artificial intelligence can extend the chip maker's stock rally, despite mixed quarterly results.
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Amazon Completes $3.9bn One Medical Acquisition After FTC's Antitrust Challenge Times Out Stock prices for Amazon and One Medical jumped despite the FTC's warning
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Chip Maker Nvidia Shares Soar 14% As Imaginations For AI Future Run Wild CEO Jensen Huang bragged his company will be "the best AI salespeople [in] the world," but some say Nvidia's AI-fueled stock boost is unwarranted.
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Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud A new indictment alleges the former billionaire steered tens of millions of dollars of illegal campaign contributions to both Democrats and Republicans.
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Will Medtronic Stock See Higher Levels After An Upbeat Q3? Medtronic recently reported its Q3FY23 results, with revenue and earnings falling above our estimates.
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Moderna reported quarterly earnings of $3.61 per share, a 68% decrease from the same period in 2021 when it booked $11.29 per share.
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Should You Buy Lockheed Martin Stock Over Its Peer? Both companies have a similar revenue base of about $66 billion, and both are trading at a similar valuation of around 2x trailing revenues.
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EV Startups Have a New Bottleneck: Demand

Wall Street Journal - 23 Feb 2023 15:50
Lucid shares are down 14% premarket after the luxury electric-vehicle company said reservations had fallen since November.
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