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Market News

Location American Market News for 25 May 2023

Inside Wall Street's Playbook to Prevent Debt-Ceiling Chaos

Wall Street Journal - 25 May 2023 06:01
A default on U.S. Treasurys might not stop them from trading as the industry looks to minimize the potential damage.
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Theft and Thrift Squeeze Dollar Tree

Wall Street Journal - 25 May 2023 18:28
Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree.
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Meta Commences Latest Round Of Layoffs As Employees Hope It's The Last As Zuckerberg's so-called 'year of efficiency' continues, Wall Street will now want to see that the layoffs have made a difference in the following earnings report.
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Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
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Kinder Morgan Shares Cross 7% Yield Mark

Forbes - 25 May 2023 23:00
Kinder Morgan Shares Cross 7% Yield Mark In trading on Thursday, shares of Kinder Morgan were yielding above the 7% mark based on its quarterly dividend (annualized to $1.13)
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As The U.S. Charts Its Economic Course, It May Take A Cue From China's Playbook The G8 Summit addressed how the global economy has shifted. What stands out to me is the parallels between the two most powerful countries in the world.
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Chip maker Nvidia Powers Nasdaq Higher

Wall Street Journal - 25 May 2023 22:36
The Dow slips even as the artificial-intelligence boom lifts indexes.
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Don't Bailout This IPO 'CAVAstrophe'

Forbes - 25 May 2023 22:35
Don't Bailout This IPO 'CAVAstrophe' Not only is the business running out of a cheaper source of store expansions, but it is also running out of capital to sustain its business.
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How To Avoid The Worst Style Mutual Funds 2Q23 I leverage my firm's data to identify two red flags you can use to avoid the worst mutual funds.
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Interest rates matter: risks and rewards of locking in FDs In India, inflationary concerns have been heightened by rising global commodity prices, elevated crude oil costs, and increased government spending.
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History Says Buy The Dip On Zillow Stock

Forbes - 25 May 2023 20:58
History Says Buy The Dip On Zillow Stock The Zillow Group's (Z) long-term pullback looks like it may be coming to an end. History suggests that now is the perfect time for bulls to buy Z's next leg higher.
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Here's my experience of getting a free health check-up Insurers offer free annual health check-ups to customers, but many policyholders are unaware or ignore the service due to the perceived hassle involved, according to Abhishek Bondia, principal officer and managing direct...
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How laddering, barbell can get better returns for FDs Fixed deposits (FDs) are a popular investment option in India, but investors may not be aware of barbell or laddering strategies that can boost returns. The barbell strategy involves dividing an FD portfolio into short-t...
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This 11% Dividend Is Impossibly Cheap

Forbes - 25 May 2023 17:21
This 11% Dividend Is Impossibly Cheap We can bank 50% more dividends when we look past the popular ETFs.
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Will American Airlines Stock Recover To Its Pre-Inflation-Shock Level? The rally in the stock over recent months has been driven by a steady decline in the inflation rate in response to the Fed's aggressive rate hike plan - although inves...
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Best Buy shares rose, but the retailer expects weaker spending on consumer electronics the rest of the year.
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Nvidia Stock Soars 29% As CEO Jensen Huang Cites Generative AI Edge Nvidia CEO Jensen Huang said the company was seeing "surging demand" for its data center products.
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Nvidia Stock Soars As CEO Jensen Huang Cites Generative AI Edge Nvidia CEO Jensen Huang said the company was seeing "surging demand" for its data center products.
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Is Illumina Stock A Better Pick Over TMO?

Forbes - 25 May 2023 15:00
Is Illumina Stock A Better Pick Over TMO? ILMN trades at a higher valuation of 7.3x trailing revenues, compared to 4.6x for TMO, partly due to its financial position.
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What's Happening With Cleveland-Cliffs Stock? Cleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by 8% year-to-date.
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What To Watch For In Costco's Stock Post Q3? We expect Costco to likely beat the revenue and earnings expectations.
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'Greedflation' is Real---and Probably Good for the Economy

Wall Street Journal - 25 May 2023 12:47
Companies have used inflation as an excuse for generous price increases, first-quarter earnings reports suggest. That may be one reason a recession is permanently six months away.
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