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Location American Market News for 4 April 2023
How much jewellery, gold can I take with me to UK from India? Indian laws have no value limit on exporting gold jewellery as long as it is the passenger's bonafide baggage. UK customs/import duties may apply. Declare items beforehand.
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Oil Prices, Stocks Gain Ahead of More Economic Data

Wall Street Journal - 4 Apr 2023 15:33
U.S. stock indexes opened mostly higher Tuesday and crude futures extended gains, after their largest rise in more than a year Monday.
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Can the Oil and Gas Industry Crack Geothermal Energy?

Wall Street Journal - 4 Apr 2023 13:00
Geothermal energy has been a neglected corner of renewable energy because of its high cost and high risk profile.
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New finance act: The downside for investors on withdrawal of tax nudges The revised tax regime in India has left investors confused about which regime to choose and where to invest. The new regime removes long-term capital gains and indexation benefit on debt, international, and gold funds, ...
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'Corporate bonds, Reits are alternatives to debt funds' Kotak Cherry CEO Srikanth Subramanian has said that investors will only invest in debt mutual funds if they find value, following the loss of their long-term tax benefit. The Indian government stripped debt funds of the ...
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Lower Job Openings Could Be Welcome Sign for Economy

Wall Street Journal - 4 Apr 2023 19:13
All those tech layoffs are starting to show up in employment statistics, but they still show little sign of spreading to other sectors.
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The Future Of Cannabis: Which Political Party Will Lead The Way? It will be another busy year for cannabis in left- and right-leaning states.
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Western Union Becomes Oversold

Forbes - 4 Apr 2023 18:04
Western Union Becomes Oversold In the case of Western Union, the RSI reading has hit 29.2 -- by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 46.0.
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Why Walgreens Boots Alliance Is A Top 25 SAFE Dividend Stock Walgreens Boots Alliance has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 5.4% yield
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Virgin Orbit Collapses, Laying Off 700 Jobs And Marking A Turning Point In The Private Space Industry Virgin Orbit, Virgin's satellite transport business, has filed for bankruptcy and put itself up for sale.
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3 Steps To Bankroll Your Retirement Forever Let's be honest: despite today's high interest rates, it's still an income desert out there.
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Stocks This Week: Buy Apple And Microsoft

Forbes - 4 Apr 2023 14:50
Stocks This Week: Buy Apple And Microsoft The recommended stocks have been selected from the Cycles Research Long-Short Equity Report.
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Here's A Better Pick Over Textron Stock

Forbes - 4 Apr 2023 13:00
Here's A Better Pick Over Textron Stock We believe that Boeing stock (NYSE: BA) is currently a better pick than Textron stock (NYSE: TXT) despite being the more expensive of the two, trading at 1.9x trailing revenues compared to 1.1x for Textron.
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The JPMorgan CEO says regulations need tweaking following the failures of Silicon Valley Bank and Signature.
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UBS Stock Is Trading Below Its Fair Value

Forbes - 4 Apr 2023 12:00
UBS Stock Is Trading Below Its Fair Value UBS' stock (NYSE: UBS) has gained 14% YTD, whereas the S&P500 has increased 7% over the same period. Further, at the current price of $20 per share, it is 13% below its fair value of $23 - Trefis' estimate for UBS's valu...
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Housing Is Turning Out to Be a Lousy Shelter for Investors

Wall Street Journal - 4 Apr 2023 11:30
Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year.
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The key ingredient in batteries has fallen more than 30% after a big rally.
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After Credit Suisse, Chinese Banks Aren't a Great Safe Harbor

Wall Street Journal - 4 Apr 2023 11:09
Chinese banks will likely avoid the troubles of their global peers, but they are cheap for good reason.
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Despite Generative AI Tailwinds, We Think Nvidia Stock Is Overvalued Nvidia (NASDAQ: NVDA) stock has risen by over 90% year-to-date, trading at about $278 per share. Now the company's Q4 FY'23 results were mixed, with revenue declining by about 21% year-over-year to $6.05 billion.
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The company says it is working toward finding a buyer.
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Sales went largely unnoticed by investors due to securities rules and filing method.
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