Market News
Walmart Pays $1.4 Billion to Boost Flipkart Stake
Wall Street Journal - 31 Jul 2023 00:59
Purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion.
Ford Earnings Call Reflected Strong Results, But EV Losses In The Billions For Second Quarter
Forbes - 31 Jul 2023 18:34
Ford was the latest in Wall Street's firing line, with the stock falling despite better-than-anticipated earnings.
There's Money to Be Made From Your Midlife Crisis
Wall Street Journal - 31 Jul 2023 16:00
A growing industry caters to adults who seek a fulfilling second act.
Banks Lean On 'Hot' Deposits to Shore Up Balance Sheets
Wall Street Journal - 31 Jul 2023 15:00
Brokered deposits are more expensive for banks, but for some the high cost of funding is worth it.
Sirius Q2 Earnings: What Are We Watching?
Forbes - 31 Jul 2023 13:00
Sirius XM (NASDAQ: SIRI), a leading provider of satellite radio, is scheduled to announce its fiscal second-quarter results on Tuesday, August 1.
S&P 500 Extends Winning Streak to Fifth Month of Gains
Wall Street Journal - 31 Jul 2023 22:25
The July rally lifted everything from smaller regional banks to the biggest technology companies.
Movie Industry Really Needs 'Barbenheimer' to Stretch Its Legs
Wall Street Journal - 31 Jul 2023 19:29
A strong second box-office weekend comes as Hollywood strikes cast a shadow over future releases.
Bitcoin Power Players: Highlights From The Mining Disrupt Conference
Forbes - 31 Jul 2023 19:27
This annual event attracts the who's who of the digital asset mining industry, including top players, enthusiastic investors and Bitcoin advocates alike.
Food, toys, salon visits and vet: Here is what it costs to keep a pet
livemint.com - 31 Jul 2023 18:26
Pet ownership is evolving into parenting, prompting some to extend their lavish lifestyles to their companions.
Why materiality in listing norms requires clarity
livemint.com - 31 Jul 2023 18:25
Transparency, accountability, and fairness in decision-making are the basic tenets of good governance
Here's What To Expect From JetBlue's Q2
Forbes - 31 Jul 2023 17:15
We expect the company's revenues to come in at $2.6 billion, aligning with the consensus estimate.
Catering to Your Midlife Crisis Is a Multimillion-Dollar Business
Wall Street Journal - 31 Jul 2023 16:00
A growing industry helps adults who seek a fulfilling second act.
Meta Platforms Stock Topped The Consensus In Q2, What's Next?
Forbes - 31 Jul 2023 15:00
Meta Platforms' stock (NASDAQ: META) has rallied 159% YTD, while the S&P500 is up only 18% over the same period.
Is Roku Stock A Buy Following Strong Q2 Results?
Forbes - 31 Jul 2023 14:00
While revenues rose by 11% year-over-year to $847 million, net losses stood at a narrower-than-expected $0.76 per share.
Real-Estate Deal Gone Bad Hits Popular Crowd Funder
Wall Street Journal - 31 Jul 2023 14:00
CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing.
Three CEOs And A Venture Capitalist On Generative AI's Benefits Versus Price
Forbes - 31 Jul 2023 13:21
While the details vary, to prevail in contested markets, a company must offer customers the most benefit for the buck.
Biogen's New Boss Is Delivering, but Stock Isn't Pricing It in Yet
Wall Street Journal - 31 Jul 2023 13:00
The decision to buy Reata signals a new era under CEO Chris Viehbacher, and Wall Street's skepticism presents an opportunity.
Pearson's Profits Surge In First Half, 2023 Guidance Maintained
Forbes - 31 Jul 2023 12:55
Sales, profits, and cash flow all rose in a solid first half for the FTSE 100 company.
Beijing Is Still Too Confident About China's Economy
Wall Street Journal - 31 Jul 2023 12:18
Even after second-quarter malaise, Beijing still seems inclined to stick to half measures. That could be a historic mistake.
Small Investors Are a Big Problem in China
Wall Street Journal - 31 Jul 2023 12:10
China's 200-million-strong army of individual investors has turned away from the stock market.
Starbucks' Stock To See Little Movement Past Q3?
Forbes - 31 Jul 2023 12:00
We expect SBUX stock to see little movement with revenues matching and earnings beat expectations slightly in its second-quarter results.
Stocks This Week: Buy NVIDIA And Advanced Micro Devices
Forbes - 31 Jul 2023 12:00
The traditionally bearish month of September is looming. Here are two August trades that are likely best sold late in the month.