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Market News

Location American Market News for 2 March 2023

WSJ Guide: Child and Dependent Tax Credit

Wall Street Journal - 2 Mar 2023 22:35
Congress didn't extend expansions of the child tax credit enacted during the pandemic.
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When one spouse is fearful of spending in retirement--even when there's enough money--it can make life a lot less enjoyable for both of them.
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Does a Valuation-Based Portfolio Beat a 'Lazy' One?

Wall Street Journal - 2 Mar 2023 17:00
A professor tests a strategy of shifting your holdings based on P/E levels.
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Salesforce shares surged in extended trading on Wednesday on an optimistic earnings outlook.
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AT&T Crosses Above 6% Yield Territory

Forbes - 2 Mar 2023 22:25
AT&T Crosses Above 6% Yield Territory In trading on Thursday, shares of AT&T were yielding above the 6% mark based on its quarterly dividend (annualized to $1.11), with the stock changing hands as low as $18.50 on the day.
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Reality Check For The Markets

Forbes - 2 Mar 2023 22:21
Reality Check For The Markets After a strong January, markets declined in February. Should we expect more turbulence ahead? Commonwealth CIO Brad McMillan weighs in.
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Okta Is on Safer Ground Now

Wall Street Journal - 2 Mar 2023 19:35
The cloud security company gets growth back on track, with better profits and a less risky valuation to boot.
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Is 30% of my income enough to achieve goals?

livemint.com - 2 Mar 2023 19:25
Is 30% of my income enough to achieve goals? Beating inflation, for both education, which tends to be higher than consumer price inflation, as well as for living expenses for retirement is crucial.
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How to tackle the menace of 'rogue' influencers?

livemint.com - 2 Mar 2023 19:19
How to tackle the menace of 'rogue' influencers? Many financial influencers as well as non-financial influencers went around recommending cryptos, including standup comics who couldn't do live shows during the pandemic. It's 2023 now, and we know that all this hasn't p...
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11 Timeless Lessons From Warren Buffett's Annual Letter Warren Buffett published his annual letter and here are some timeless lessons that jumped out at me.
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Silvergate Stock Dives After Going-Concern Warning Crypto banker delays annual report, saying it needs more time to tally up what are likely to be negative developments.
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Why Vanilla Investors Think They Need $3 To $5 Million We don't need millions (with an "s") of dollars to retire well.
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No News Is Bad News at Tesla

Wall Street Journal - 2 Mar 2023 16:57
The investor day featured much discussion of the efficiency of Tesla's next-generation production platform, but no hint of what it might actually build on it.
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K-Pop's Corporate Battle Royale Is Just Getting Started

Wall Street Journal - 2 Mar 2023 16:10
The takeover saga featuring BTS-backer Hybe and its rival SM keeps getting more Shakespearean. But SM shareholders will likely have the last laugh.
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Macy's delivered a bigger profit than expected during the holiday quarter.
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Is Bank Of America Stock Undervalued?

Forbes - 2 Mar 2023 16:00
Is Bank Of America Stock Undervalued? Bank of America's stock (NYSE: BAC) has gained 4% YTD as compared to the 3% rise in the S&P500 index over the same period.
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Should You Buy This Households & Personal Products Company Over Colgate-Palmolive Stock? There is more to the comparison, and in the sections below, we discuss why we believe PG stock will offer better returns than CL stock in the next three years.
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20 Seconds That Can Break Bad Money Habits

Wall Street Journal - 2 Mar 2023 15:00
Investors are taming impulsive money moves by adding a little friction to financial transactions.
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Best Buy posted earnings and revenue that beat analyst's estimates for its holiday quarter.
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Polestar's relatively positive results come after other EV startups like Lucid, Nikola and Rivian reported ongoing problems with supply chains and production.
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India's Economy Looks Shaky Under the Hood

Wall Street Journal - 2 Mar 2023 14:38
The key driver of India's economy--domestic demand--stumbled last quarter, and that could portend bigger trouble ahead.
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5 Mistakes Traders Make Using Technical Analysis 5 Mistakes Traders Make Using Technical Analysis
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