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Market News

Location American Market News for 3 March 2023

The Tax Play That Saves Some Couples Big Bucks

Wall Street Journal - 3 Mar 2023 12:30
Married, but filing separately: A growing number of Americans are choosing to submit their taxes independent of their spouse. Here's why.
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Tesla Investors Aren't Impressed With Elon Musk. Twitter Is One Reason Why Tesla has not given investors a compelling reason to believe it can boost its growth?
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A study finds that a lack of a 4 right after the decimal point in per-share earnings data means a company might be strategically rounding up its results, a practice that can lead to more serious violations.
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Nordstrom has struggled with slower sales, more markdowns and pressure from activist investor Ryan Cohen.
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Tether Holdings and a related crypto broker used "cat and mouse tricks" to obscure identities, documents show.
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The firm said it bought One River Digital, the crypto unit of One River Asset Management.
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Big Tech's $200 Billion Surge Leads Stock Market Rally--But Rate-Fueled Optimism May Be Fleeting The Fed has "made it very clear they're willing to trigger a recession" to avoid "inflation becoming entrenched," says UBS economist Brian Rose.
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Can Business Rescue America?

Forbes - 3 Mar 2023 21:11
Can Business Rescue America? Peter Georgescu, Chairman Emeritus of Young & Rubicam, argues that business can, and should, help rebuild a better U.S. economy.
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Women's Day: Sovereign gold bonds, NPS, mutual funds three options to suit your investment goals Priti Rathi Gupta, Founder of LXME explained that firstly, you should not be worried about the short-term market movements but rather focus on your financial goal. In order to become a SMART investor, each of your invest...
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What is the 50:30:20 rule that working women can use for savings? A beginner's guide! One of the simplest budgeting methods would be 50:30:20 rule which typically comes in handling while managing your money. It generally helps in narrowing down your pay checks for three major factors --- Needs, Wants, and...
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Gamma Mama! Could 0DTE Options Be The Cause Of The Next Market Meltdown The enormous increase in volume of same day expiry (0DTE) options has recently become a topic of discussion in the market. Whys is this of concern and can these options result in outsized market dislocations?
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Why Stock-Market Tourists Flock to New York

Wall Street Journal - 3 Mar 2023 17:23
SoftBank's choice of New York for a listing of British microchip designer Arm has led to predictable hand-wringing about national decline in the U.K. capital. But this isn't just about London.
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How Dividend Investors Can Pick the Right Companies

Wall Street Journal - 3 Mar 2023 17:00
Don't look for companies with the biggest dividends, analysts say. Focus on cash flow.
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No, This Is Not Jobs Friday

Forbes - 3 Mar 2023 16:25
No, This Is Not Jobs Friday A number of retailers reported earnings this week including: Macy's, Nordstrom, Best Buy, Kroger and Costco.
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What To Expect From Visa Stock?

Forbes - 3 Mar 2023 16:00
What To Expect From Visa Stock? Visa's stock (NYSE: V) has increased 5% YTD, as compared to the 3% rise in the S&P500 over the same period.
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The Knives Are Out in China's EV Industry

Wall Street Journal - 3 Mar 2023 15:23
China's new-energy passenger vehicle market nearly doubled in size last year. But 2023 is shaping up quite differently.
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Will Boston Scientific Stock See Higher Levels? Boston Scientific stock (NYSE: BSX) has seen a fall of 3% in a month, compared with -5% returns for the broader S&P500 index.
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Department Stores' New Look: Going Small

Wall Street Journal - 3 Mar 2023 14:00
Macy's, Nordstrom and Kohl's may need to keep shrinking after offering a grim assessment of consumer health.
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New enforcement actions focus on executives who used prearranged trading plans established under a regulation known as Rule 10b5-1.
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Is UnitedHealth Stock A Better Pick Over This Healthcare Facility Company? We believe that UnitedHealth stock (NYSE: UNH) is a better pick than HCA stock (NYSE: HCA), a healthcare facilities operator, given its better prospects.
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How Is The Capital Spending Theme Faring?

Forbes - 3 Mar 2023 13:00
How Is The Capital Spending Theme Faring? Our theme of Capex Cycle Stocks - which includes heavy equipment makers, electrical systems suppliers, automation solutions providers, and semiconductor fabrication equipment players - has gained about 5% year-to-date, c...
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Net retail purchases of the electric-vehicle maker's shares total nearly $14 billion so far this year.
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