Market News
Gap Stock Has Upside Potential To Its Pre-Inflation Peak
Forbes - 5 Jun 2023 15:00
GPS saw its stock trading at around $8.21 at the beginning of October 2022, when the Fed kept increasing rates, and now remains marginally below those levels.
S&P 500 Starts Week Lower, Just Shy of Bull Market Territory
Wall Street Journal - 5 Jun 2023 22:33
A rally in technology shares has helped obscure a growing sense of uncertainty in the stock market.
Earnings Preview: What To Expect From Ciena On Tuesday
Forbes - 5 Jun 2023 22:13
Ciena is scheduled to report earnings before Tuesday's open. Here's a closer look.
How tax on rental income works for NRIs?
livemint.com - 5 Jun 2023 19:53
Rental income from the property situated in India is taxable in the hands of the owner of the house property, whether it is for an NRI or a resident Indian.
Decoding the tax exempt status of encashed leaves
livemint.com - 5 Jun 2023 19:47
For employees of the central or state governments, the entire leave encashment amount received is exempt, without limits or conditions.
Preparing For Takeoff: Unraveling The Investment Opportunities Amid 2023's Air Travel Boom
Forbes - 5 Jun 2023 19:43
Airlines for America predicts that 257 million people will travel on U.S. airlines from June 1 to August 31, representing a 9.5% increase from the previous summer.
How Marcellus' Saurabh Mukherjea plans to build a ₹20-crore nest egg
livemint.com - 5 Jun 2023 19:36
Mukherjea allocates 90% of his personal investment portfolio to equities and just 10% for debt instruments.
SEC Sues Crypto Exchange Binance
Wall Street Journal - 5 Jun 2023 18:53
The regulator alleges in a civil lawsuit that the company misused customer funds and ran an illegal crypto exchange in the U.S.
Apple Throws Their Developer Party
Forbes - 5 Jun 2023 15:13
Last week, stocks added to what has been a strong start to the summer.
MetLife Stock Has A 44% Upside To Its Pre-Inflation Peak
Forbes - 5 Jun 2023 14:00
MetLife saw its stock trading at around $63 at the end of June 2022, just before the Fed started increasing rates, and is still 20% below that level.
Even Mark Cuban Can't Fix This Broken Drug System
Wall Street Journal - 5 Jun 2023 14:00
Coherus BioSciences' partnership to offer deeply discounted biosimilar Humira can go only so far in reducing overall prices.
KKR to Buy Circor in $1.6 Billion Deal
Wall Street Journal - 5 Jun 2023 13:50
The buyout firm is paying $49 a share for the maker of pumps and valves for industrial, aerospace and defense industries.
Why Valero Energy Is A Top 10 Energy Dividend Stock
Forbes - 5 Jun 2023 13:49
Valero Energy has been named as a Top 10 dividend paying energy stock, according to Dividend Channel
This Bud's for You: Time to Buy Anheuser-Busch InBev
Wall Street Journal - 5 Jun 2023 13:00
The global beer conglomerate finds itself caught up in a distinctly American uproar. But for long-term investors, the Bud Light brouhaha could be a rare buying opportunity.
What's Happening With Honda Stock?
Forbes - 5 Jun 2023 12:00
Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock outperform this year, rising by over 20%.
Stocks This Week: Buy Oracle And Meta Platforms
Forbes - 5 Jun 2023 12:00
Here are technology stocks to buy in June.
Commodities Slide as Investors Bet on Economic Slowdown
Wall Street Journal - 5 Jun 2023 11:30
Commodity prices are in retreat, signaling a deceleration in the world economy but lending central banks a hand in their fight against inflation.
Big Banks Could Face 20% Boost to Capital Requirements
Wall Street Journal - 5 Jun 2023 06:02
Those relying on fees might need bigger buffers to absorb losses under planned rules.
Wall Street Backs Off Bets on Fed Rate Cuts
Wall Street Journal - 5 Jun 2023 06:01
Strength in the economy has wrong-footed bets that the Fed will make large rate cuts this year, potentially undermining a key element of support for the 2023 stock rally.