Market News
Will Illumina Stock Rebound After A 65% Decline In The Ongoing Inflation Shock?
Forbes - 7 Jul 2023 15:00
While this may not happen anytime soon, ILMN stock looks attractive from a valuation perspective and can see higher levels.
Janet Yellen's Visit To Beijing: National Security Versus Economic Cooperation
Forbes - 7 Jul 2023 15:30
Yellen's recent visit to China has acknowledged concern about new export controls recently announced by China and stressed the importance of building resilient and diversified supply chains.
Obesity Drugs Won't Starve These Other Potential Blockbusters
Wall Street Journal - 7 Jul 2023 14:00
Stocks of developers of fatty liver disease treatments had been on a tear until results from Eli Lilly's medication were published last week.
Stocks, Bonds Suffer Weekly Losses as Investors Brace for Further Rate Increases
Wall Street Journal - 7 Jul 2023 22:52
The S&P 500 reversed early gains Friday to end slightly lower.
The Score: Tesla, UPS, Meta and More Stocks That Defined the Week
Wall Street Journal - 7 Jul 2023 22:37
Here are some of the major companies whose stocks moved on the week's news.
Avista Passes Through 5% Yield Mark
Forbes - 7 Jul 2023 21:36
In trading on Friday, shares of Avista were yielding above the 5% mark based on its quarterly dividend (annualized to $1.84)
Sebi issues rules for PE backed MFs
livemint.com - 7 Jul 2023 21:36
Sebi said the applicant must have a minimum of five years of experience in the capacity of fund manager and an experience of investing in the financial sector.
Binance Unravels as Executives Flee and Layoffs Proliferate
Wall Street Journal - 7 Jul 2023 19:48
The firm's general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling the largest crypto exchange.
How The Recent Supreme Court Ruling Is Hurting Business
Forbes - 7 Jul 2023 18:58
The Supreme Court's decision on affirmative action is bad news for American business.
A Path Forward for Regulating Crypto Markets
Wall Street Journal - 7 Jul 2023 17:00
Two former top regulators argue that litigation by the SEC is only part of the crypto-regulation solution.
The Job Market vs. Inflation
Wall Street Journal - 7 Jul 2023 16:35
Federal Reserve rate increases haven't cooled the job market or inflation as much as investors thought they would.
Help Wanted: Retired Bank Examiners to Unravel Bond Mess
Wall Street Journal - 7 Jul 2023 16:08
Regulators are sending job letters to former employees as they look to beef up bank oversight.
Big-Tech Mutual Funds Soared 30% and More in the Past Year
Wall Street Journal - 7 Jul 2023 16:00
Winners' Circle: The No. 1 fund in our survey posted a 44.6% gain for the past 12 months.
U.S. Added Less Than Expected 209,000 Jobs Last Month As Labor Market Cools--Slightly
Forbes - 7 Jul 2023 14:35
The recent resilience of the labor market has largely been bad news for stocks as hopes dwindle that interest rates will soon come down.
Levi's New Stretch Is Selling Directly to Consumers
Wall Street Journal - 7 Jul 2023 14:24
The denim-maker's results showed that the road to direct-to-consumer selling can get expensive.
At $10, Nio Stock Looks Oversold
Forbes - 7 Jul 2023 14:00
Chinese luxury electric vehicle maker Nio stock published its delivery numbers for June, indicating that it sold a total of 10,707 EVs for the month, up 74% compared t...
Is The Stock Market In A Bubble Right Now?
Forbes - 7 Jul 2023 13:02
The rapid growth against a mixed economic backdrop has some analysts questioning whether we're entering bubble territory
What's Driving The Surge In Digital Infrastructure Stocks?
Forbes - 7 Jul 2023 13:00
Our theme of Internet Infrastructure Stocks - which includes a diverse set of companies that sell hardware and software that underpin the Internet -- has done well this...
This Year's Most Buoyant Sector Was a Win for Value Investors
Wall Street Journal - 7 Jul 2023 12:30
Cruise lines were the top performer of the second quarter and among the top U.S. stocks for the year. Their secret was low expectations.
A Trillion-Dollar Opportunity: China's Pivot to the Middle East Set to Fuel Investment Boom
Wall Street Journal - 7 Jul 2023 11:30
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses.
Ads Are Streaming TV's Next Big Hit
Wall Street Journal - 7 Jul 2023 11:30
Netflix, Disney and now, perhaps, Amazon: More streamers are getting into the advertising game and more viewers are signing on
Read the Ingredients Before Buying This $25 Billion ETF
Wall Street Journal - 7 Jul 2023 09:51
Microsoft, Amazon and Netflix ended up as large holdings in a popular value-investing index created by S&P, an example of Wall Street tripping over itself.