Market News
The Air Has Come Out of the Dollar
Wall Street Journal - 1 May 2023 11:30
The U.S. economy no longer looks so exceptional. That is bad news for the dollar.
U.S. Bank Failures Are Fueling Crypto Adoption
Forbes - 1 May 2023 23:02
Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least one form of crypto in ...
Exxon And Chevron Notch Earnings Beats As Big Oil Continues To Fire
Forbes - 1 May 2023 02:00
Chevron and Exxon Mobil have announced big earnings beats, as big oil continues to perform exceptionally well in the face of economic uncertainty.
JPMorgan Stock Up 5% After Buying First Republic From FDIC
Forbes - 1 May 2023 14:12
Has JPMorgan learned the right lessons of its Bear Stearns and WaMU takeovers?
Why Kimberly-Clark Is A Top Socially Responsible Dividend Stock
Forbes - 1 May 2023 13:57
Kimberly-Clark has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.3% yield
JPMorgan CEO Contenders Are Holding the Reins at First Republic---Together
Wall Street Journal - 1 May 2023 23:12
Marianne Lake and Jennifer Piepszak will take the lead in absorbing failed First Republic into America's largest bank.
Dow Industrials Inch Lower After Regulators Seize First Republic
Wall Street Journal - 1 May 2023 22:21
Regional bank stocks were among the weakest performers in Monday's quiet session.
What's the deadline to revive my insurance?
livemint.com - 1 May 2023 20:20
Policyholders can revive lapsed policies during the revival period, generally lasting 2-5 years, by paying due premiums and fulfilling additional requirements. Medical underwriting may be required for term plans. Subscri...
Things to know before Investing directly in bonds
livemint.com - 1 May 2023 20:19
Investing in bonds includes various categories such as government bonds, corporate bonds, perpetual bonds, and market-linked debentures. Factors like credit rating, residual maturity, and taxation need to be considered w...
FDIC Signals Support for Narrow Changes to Deposit Insurance
Wall Street Journal - 1 May 2023 20:00
Lawmakers could reduce the risk of bank runs by significantly raising deposit-insurance protection for accounts used for payroll and other business payments, the Federal Deposit Insurance Corp. said.
Chase Just Bought Your Bank: What First Republic Bank Customers Need to Know
Wall Street Journal - 1 May 2023 19:52
What the deal means for deposits, interest rates and FDIC protection.
Microsoft's Activision Deal Is No Longer Just About Activision
Wall Street Journal - 1 May 2023 19:30
The expansive reasoning of the U.K.'s decision to block Microsoft's takeover of Activision Blizzard threatens to put other tech and game deals at risk.
Jamie Dimon Wins Again in First Republic Deal
Wall Street Journal - 1 May 2023 19:23
Mr. Dimon used JPMorgan's massive balance sheet to beat out smaller banks to buy the troubled lender.
Restaurant Brands Stock To Likely See Little Movement Post Q1
Forbes - 1 May 2023 17:30
We expect QSR's stock to see little to no movement due to revenues coming slightly ahead but earnings missing expectations marginally in its first-quarter results.
Three Essential Survival Tips If You Are Investing In Bonds
Forbes - 1 May 2023 16:00
Much higher rates has sparked interest in bonds, but many investors still think that bond mutual funds and individual bonds are similar. Worse, financial advisors rely on mutual funds to handle their clients' fixed incom...
The Fed And Apple Highlight A Busy Week Ahead
Forbes - 1 May 2023 15:46
This week, investors will turn their attention to more economic and earnings data The tech sector has really been the story of late.
JPMorgan Buys First Republic With Lessons To Consider From 2008
Forbes - 1 May 2023 14:12
Has JPMorgan learned the right lessons of its Bear Stearns and WaMU takeovers?
Why Is The Stock Market So Calm?
Forbes - 1 May 2023 14:01
One of the biggest anomalies so far this year is how calm the U.S. stock market has been while gyrations in bond yields have been unusually large. My take is that the worst outcome for the stock market would be continued...
Will Pfizer Stock See Higher Levels Post Q1 Earnings?
Forbes - 1 May 2023 14:00
Not only do we expect Pfizer to post upbeat Q1 results, we find its stock undervalued, as discussed below Our interactive dashboard on Pfizer Earnings Preview has additional details.
Why First Republic Bank Collapsed
Wall Street Journal - 1 May 2023 13:55
It failed to reckon with the impact of rising interest rates, which sent its strategy of relying on wealthy depositors into reverse.
Meta Platforms' Stock Is Trading Close To Its Fair Value
Forbes - 1 May 2023 13:00
Meta Platforms' stock (NASDAQ: META) has gained 98% YTD, while the S&P500 is up only 8% over the same period.
Why Spending Less May Be Good News for Card Companies
Wall Street Journal - 1 May 2023 12:30
Investors in card lenders should be happy to see consumers not overspending.