Market News
Banking On Gold: The Silver Lining In The U.S. Regional Banking Storm
Forbes - 8 May 2023 23:31
We've already seen three regional banks fail in the U.S. so far this year, and we may see more as depositors continue to move cash from smaller institutions to those perceived to be safer.
Lucid posts widening losses as demand concerns linger, says it has enough cash to last into 2024
CNBC - 8 May 2023 23:36
Luxury electric vehicle maker Lucid is still batting down demand concerns.
Palantir soars on earnings beat and prediction of full-year profitability
CNBC - 8 May 2023 23:29
Palantir CEO Alex Karp said the company expects to remain profitable "each quarter through the end of the year."
Mosaic Is Oversold
Forbes - 8 May 2023 21:59
But making Mosaic an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of MOS entered into oversold territory, changing hands as low as $37.83 per share.
The New York Knicks Are In The Playoffs And On Sale
Forbes - 8 May 2023 21:57
What if you could own part of a premier NBA franchise for just $200? Well, you can. Madison Square Garden Sports (ticker: MSGS) is a publicly traded stock on the New York stock exchange that provides investors fractional...
Warren Buffett Has a History With Banks---as a Critic and Investor
Wall Street Journal - 8 May 2023 20:15
The CEOs and directors of failed banks should suffer, said the billionaire investor and longtime bank shareholder.
Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal
Wall Street Journal - 8 May 2023 20:02
Toronto-Dominion Bank's handling of suspicious customer transactions was behind regulators' refusal to bless the Canadian lender's $13.4 billion bid to buy First Horizon, people familiar with the matter said.
Should NRIs file ITR for meagre income?
livemint.com - 8 May 2023 19:31
If the total income is below the taxable limit of ₹2.5 lakh, there is no need to file an ITR in India.
Here are the tax risks of being a joint holder
livemint.com - 8 May 2023 19:29
It has been well settled under tax laws that even if investments are held in joint names along with a spouse, the investment and the income therefrom would be regarded as belonging to the first named holder.
Credit Suisse Markets Guru Pozsar Is Leaving the Bank
Wall Street Journal - 8 May 2023 17:45
The Hungarian-born economist became a financial-world rock star for his analysis of mysterious market dynamics and behind-the-scenes accounts of money flows.
Understanding property taxes: What homeowners need to know?
livemint.com - 8 May 2023 16:25
As a homeowner, it's essential to understand the property taxes you're responsible for paying. Property taxes are levied on real estate and are typically based on the assessed value of the property.
Sell In May?
Forbes - 8 May 2023 15:10
In a week packed with earnings and economic data, the stage was set for quite the show.
Intercontinental Exchange Stock Is Trading Below Its Fair Value
Forbes - 8 May 2023 15:00
Intercontinental Exchange Stock Is Trading Below Its Fair Value Intercontinental Exchange's stock (NYSE: ICE) has gained roughly 4% YTD, as compared to the 6% rise in the S&P500 over the same period.
Is Inflation Slowing Down?
Forbes - 8 May 2023 14:30
Let's go through exactly where we're at with inflation right now and see what it might look like in the coming months.
With Growth Slowing, Is Apple Stock Still A Buy?
Forbes - 8 May 2023 14:00
While revenues declined -2.5% versus last year to $94.84 billion, due to lower Mac and iPad sales as well as currency headwinds, this was partly offset by higher sales of digital services and resilience in the iPhone bus...
Rejected for a Buy Now, Pay Later Plan? It Might Not Be Your Fault
Wall Street Journal - 8 May 2023 14:00
Payment apps are tightening credit standards to focus on profitability.
Where To Invest: Cash Is King for Now
Forbes - 8 May 2023 13:56
For the first time in more decade, investors are being paid to park their spare cash in money market instruments that pay interest rates above inflation.
Underwhelming Chinese Stock Markets Show Concern Over Recovery
Wall Street Journal - 8 May 2023 13:53
China's stocks have underperformed this year as questions linger on the durability of the country's economic rebound.
No Recession Doesn't Mean No Worries for Stocks
Wall Street Journal - 8 May 2023 13:30
Stocks might be under pressure even if the U.S. economy avoids a downturn.
What's Next For Coca-Cola Stock After An Upbeat Q1?
Forbes - 8 May 2023 13:00
Although the company posted upbeat Q1 results last week, we believe KO stock is fully valued.
What Lies Ahead For Intel Stock?
Forbes - 8 May 2023 12:00
Intel Q1 2023 results saw a sharp decline versus last year, although they came in better than market expectations.
Carbon Markets Get Boost From Wall Street
Wall Street Journal - 8 May 2023 11:30
State Street says it will provide its custody and fund administration work, critical financial plumbing, for carbon markets.