Market News
Stock Futures Fall; Tesla Shares Drop Premarket
Wall Street Journal - 20 Apr 2023 14:49
Stock futures fell Thursday as another batch of earnings started to roll in, and Tesla shares sank before the bell.
Tesla Counts the Cost of Its Price War
Wall Street Journal - 20 Apr 2023 02:20
The electric-vehicle maker hopes to recoup some of its lost margin by selling automated-driving features over the air, but first it has to make them work.
IBM earnings top estimates as margins expand
CNBC - 20 Apr 2023 00:04
IBM missed on revenue, but reduced expenses contributed to better-than-expected profit
Amazon.com Reports After The Close On 4/27 -- Options Contracts Expire The Next Day
Forbes - 20 Apr 2023 21:28
According to NextEarningsDate.com, the Amazon.com AMZN next earnings date is projected to be 4/27 after the close, with earnings estimates of $0.22/share on $124.48 Billion of revenue.
Tesla Loses Equivalent Of Ford's Market Value In A Single Day
Forbes - 20 Apr 2023 20:37
Ongoing price cuts to Tesla's vehicles "undermine" its profitability and showcase the fragility of it sustaining a competitive advantage in the auto market, according to Bernstein.
Is a retired employee eligible for a home renovation loan?
livemint.com - 20 Apr 2023 20:16
Retired govt employees can avail home loans for renovation & additional floor; factors include approved plans & estimates from contractor. Inheritance property's sale profit subject to capital gains tax.
Insurance: a grave need for stronger protection of policyholder rights
livemint.com - 20 Apr 2023 20:12
Medical insurance policies exclude 'treatment for alcoholism, drug, substance abuse or any addictive condition and consequences thereof'.
How LGBTQs are alienated in India's rental market
livemint.com - 20 Apr 2023 20:06
A constitution bench of the Supreme Court is currently hearing a batch of petition seeking legal recognition for same-sex marriages.
Get direct access to AIFs soon, and at a lower fee as well
livemint.com - 20 Apr 2023 19:50
India's Securities and Exchange Board has unveiled a series of reforms for the Alternative Investment Fund sector, which includes new disclosure norms and direct investor access. The reforms, which will come into effect ...
There's No Need To 'Pack' Our Courts. The Need Is To Un-Pack Them.
Forbes - 20 Apr 2023 19:01
An oft-heard cry, after last summer's overturning of Roe v. Wade by an overreaching Supreme Court, was that the U.S. Congress and President Biden should consider 'packing the Court.' But that is unneeded. What is needed ...
We're Not Done With Layoffs Yet As Meta, Disney And Amazon All Make Further Cuts
Forbes - 20 Apr 2023 18:24
Meta, Disney and Amazon have all made headlines this week as the highly anticipated job cuts hit workers across multiple divisions
Potential Recession Ahead May Be Long And Moderate, Not Short And Shallow
Forbes - 20 Apr 2023 18:20
Jeff Schulze of ClearBridge Investments examines our current market environment and the likelihood of a long and moderate recession vs a short and shallow one.
The Labor Market Might Be Bending; It Isn't Breaking
Wall Street Journal - 20 Apr 2023 17:38
There are now many signs of a welcome cooling in hiring activity.
Tesla's 1Q23 Earnings Confirm Major Downside Risk
Forbes - 20 Apr 2023 17:31
After 1Q23 earnings and another missed growth goal, I continue to see Tesla as one of the most overvalued stocks in the market.
Auto Dealers Feel the Squeeze
Wall Street Journal - 20 Apr 2023 17:29
AutoNation and Lithia add to the drumbeat of bad news for the business of selling cars.
Netflix Is Still Expensive After 1Q23 Earnings
Forbes - 20 Apr 2023 17:27
After the release of 1Q23 earnings, I continue to find that Netflix remains highly overvalued and should trade closer to $175/share.
Tesla Shares Slip After Price Cuts Hit Earnings
Wall Street Journal - 20 Apr 2023 17:18
Shares of the electric-vehicle maker have fallen nearly 50% over the past 12 months.
The Best REIT Dividend For A Recession
Forbes - 20 Apr 2023 16:41
Worried about a recession? Two thoughts...
Tesla Stock Plunges As Analysts Warn Profit Margin 'Pain' Will Linger In Coming Quarters
Forbes - 20 Apr 2023 16:22
Ongoing price cuts to Tesla's vehicles "undermine" its profitability and showcase the fragility of it sustaining a competitive advantage in the auto market, according to Bernstein.
When Will I Retire? How About Never
livemint.com - 20 Apr 2023 16:13
For many people, the idea of stopping work is a nonstarter--an inevitable path to boredom, ill health and a life devoid of meaning
TSMC's Tough Quarter Complicates Its U.S. Chip Ambitions
Wall Street Journal - 20 Apr 2023 15:18
The latest results from the world's largest contract chip manufacturer confirm the grim outlook facing the semiconductor industry.
Should You Buy Boeing Stock Over This Aerospace & Defense Company?
Forbes - 20 Apr 2023 15:00
There is more to the comparison, and in the sections below, we discuss why we believe BA stock will offer better returns than GD stock in the next three years.