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Market News

Location American Market News for 10 August 2023
Everyone's Playing Dirty In Argentina's PASO Primary Elections The primaries are essentially a first-round vote and will set the stage for a much disputed general election where every player still has chances, much more so given t...
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With New IPhones Around The Corner, Are Apple Supplier Stocks A Buy? Our Theme of Apple Component Supplier Stocaks, which includes a diverse set of companies that supply components for Apple's devices, has gained about 18% year-to-date,...
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This Payments Company Is Winning Big After SVB Collapse

Wall Street Journal - 10 Aug 2023 14:00
Brex said it now oversees close to $7 billion in customer money, after startups fled Silicon Valley Bank.
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How fixed income investments can help build wealth over the long term In India, fixed income investments account for approximately 70% of all investment assets, indicating their widespread popularity and importance in financial planning and their benefits.
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Indore case exemplifies how RIA licence can be misused In their quest for bigger returns, investors fall easy prey to a host of financial intermediaries such as mutual fund distributors.
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Coach Owner Takes on European Luxury Heavyweights

Wall Street Journal - 10 Aug 2023 18:18
Tapestry's $8.5 billion acquisition of Capri Holdings won't solve all of the U.S. luxury company's problems.
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TC Energy Initiates Plan To Spin-Off Liquids Pipeline Business To Create Value Deal Overview On July 27, 2023, TC Energy Corp. (NYSE: TRP, $36.42, Market Capitalization: $37.5 billion) board of directors announced that it has decided to pursue a ...
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This 9.5% Dividend Is Cheap, Will Rise In Recession Last week, the Bank of Japan (BOJ) announced it is softening "yield control" efforts for 10-year Japanese government bonds (JGBs).
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Inflation, and Housing Costs, Are Set to Turn a Corner

Wall Street Journal - 10 Aug 2023 16:02
Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases.
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Will News Corp Stock Trade Lower Post Q4 Results News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is scheduled to report its fourth-quarter results on Thursday, August 10.
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SMCIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand.
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ESPN Penn Entertainment Deal Is Disney's First Move Into Sports Betting With the ESPN and Penn Entertainment deal, Disney is officially entering the world of sports betting.
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Chinese e-commerce giant Alibaba's U.S.-traded shares rose by 4.5% in premarket trading after it released results.
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Natural-Gas Prices Soar on Australian Labor Dispute

Wall Street Journal - 10 Aug 2023 12:33
Most of Australia's supply is committed to Asia, so a sudden drop in LNG exports could push European and Asian buyers into a bidding war for gas from elsewhere, including from the U.S.
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So-called activist shareholders are up about 14% through July, according to HFR, lagging behind the S&P 500's gains.
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Social Security Benefits Will Go Up Next Year, but Not by a Lot

Wall Street Journal - 10 Aug 2023 11:30
After rising 8.7% in 2023 thanks to surging inflation, monthly checks are expected to increase about 3% in 2024.
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How RBI policy outcome will impact home loan borrowers explained RBI proposes transparent framework to improve flexibility and transparency of interest rates on variable-rate loans.
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RBI introduces offline payment via UPI. Here is how you will benefit RBI allows offline UPI payments via NFC, and raises payment limit to ₹500. Repo rate unchanged at 6.5%
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Disney Gets Iger's Second Show on the Road

Wall Street Journal - 10 Aug 2023 06:06
The entertainment giant used an eventful quarterly report to announce a boost to some of its streaming prices.
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Authorities' recent guidance has sown confusion over what Chinese companies should say.
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The deal would be one of the biggest fashion tie-ups in recent years.
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