Market News
Milei "The Crazy" Wants To Dollarize Argentina As The Government Scrambles To Contain The Peso-Dollar Exchange Rate
Forbes - 28 Apr 2023 00:00
The level of desperation in the Casa Rosada and the Economy Ministry is similar to what the majority of the population is suffering.
He Was a Quant at Citadel. Now He Agitates for GameStop Investors.
Wall Street Journal - 28 Apr 2023 15:00
Dave Lauer is mobilizing individual investors in favor of a stock-market overhaul.
Meta Platforms, First Republic, Bed Bath & Beyond: Stocks That Defined the Week
Wall Street Journal - 28 Apr 2023 23:53
Here are seven major companies whose stocks moved on the week's news.
Income Tax: IT department issues offline format of ITR-1 and ITR-4 for AY 2023-24: Who is required to file?
livemint.com - 28 Apr 2023 18:27
The Income Tax Department has enabled excel utilities or offline versions of ITR 1 & 4 for the financial year (FY) 2022-23, or AY 2023-24.
Return on I Bonds Drops to 4.3%, but They May Now Be a Better Long-Term Investment
Wall Street Journal - 28 Apr 2023 18:23
The fixed-rate portion of the I bonds rises to 0.9%, up from 0.4%.
Intel Faces a Long Climb Back from the Bottom
Wall Street Journal - 28 Apr 2023 17:59
The downtrodden stock jumps on better-than-feared results, but lots of work lies ahead.
GE HealthCare Reports Steady 1Q23 Results; Maintain 'Buy' Rating
Forbes - 28 Apr 2023 17:48
GEHC, $81.52, Market Capitalization $37.1 billion), a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, reported 1Q23 results with a beat on both revenue and EPS versus conse...
From Toilet Paper to Mayonnaise, Staples Stay Strong
Wall Street Journal - 28 Apr 2023 17:14
Makers of everyday household goods say consumers are sticking with them despite double-digit price increases.
Getting the Sharp End of the Investing Stick
Wall Street Journal - 28 Apr 2023 17:00
Investors are flooding into funds that specialize in private debt. Many claim to offer mouthwatering returns at extremely low risk, but those claims depend on an unrealistic definition of "risk."
Credit Card Delinquencies Test Multi-Year Highs As Job Market Faces 'Material' Worsening, Capital One Warns
Forbes - 28 Apr 2023 16:13
There are "nascent signs of trouble brewing" in the world of consumer credit card debt, one analyst cautions.
Junk Bonds Shake Off Recession Worries
Wall Street Journal - 28 Apr 2023 16:00
Despite signs of slowing growth, investors' interest in junk bonds remains steady.
Amazon Stock Down 5% As High Prices Slow AWS Growth
Forbes - 28 Apr 2023 15:38
AWS is slowing down as Azure speeds up. That could hurt Amazon's operating profit.
Exxon Has 40 Billion Reasons to Go Shopping
Wall Street Journal - 28 Apr 2023 15:10
A gusher of cash and a richly priced stock could steer the supermajor toward a deal.
GDP Growth Slows In Q1, Adding Fuel To The Recession Fire
Forbes - 28 Apr 2023 14:22
US GDP only grew by 1.1% in Q1, missing expectations of 1.9% economic growth
How Will The Cyber Attack Impact Dish's Q1 Results?
Forbes - 28 Apr 2023 14:00
We expect that earnings will stand at about $0.38 per share, ahead of the consensus estimates of about $0.36.
Just Say No To This 14.8% Dividend
Forbes - 28 Apr 2023 13:02
So should we sell everything?
What's Next For Activision Blizzard Stock After Its Recent 11% Fall?
Forbes - 28 Apr 2023 13:00
Although Microsoft plans to appeal against this decision, ATVI stock plunged 11% to $77 on April 26 following this development.
What Does Vornado Realty Trust's Dividend Suspension Say About The Real Estate Economy?
Forbes - 28 Apr 2023 12:32
Vornado Realty Trust suspended its dividend through the end of the year.
Beijing's Bain Raid, Espionage Law are Self-Sabotage
Wall Street Journal - 28 Apr 2023 12:15
China's economy is bouncing back. Recent moves show that the potential for state overreach is, too.
Higher Truck Sales Will Drive Ford's Q1 Results
Forbes - 28 Apr 2023 12:00
We expect Ford's revenues for the quarter to come in at about $36.4 billion, marking a 13% increase versus last year and about 1% ahead of consensus estimates.
Argentina Faces Judge Loretta Preska And A New Set Of "Vulture Funds" In The Eternal YPF Expropriation Case
Forbes - 28 Apr 2023 11:30
The case, of course, is more complicated, but ultimately represents a failure to face and resolve the structural challenges of the beleaguered sovereign and its never-ending attempts to escape a chronic cycle of ineptitu...
'Too Many Seats, Too Few Butts' Mean Changes at Your Favorite Restaurant
Wall Street Journal - 28 Apr 2023 11:30
As eating out is replaced by ordering out, restaurant real estate gets a radical makeover