Market News
Arm IPO Filing: Chip Maker Files To Go Public In The U.S.
Forbes - 23 Aug 2023 14:54
Semiconductor chip maker Arm has officially filed for its IPO on the Nasdaq, which could spark a boom in new tech IPOs
Why Homebuilders Like Lennar And Pulte Group Are Faring Well Despite Surging Mortgage Rates
Forbes - 23 Aug 2023 12:00
This compares to the S&P 500 which remains up by about 14% over the same period.
The Fed Will Send These Safe Dividends Soaring In 2024
Forbes - 23 Aug 2023 15:56
We're bullish on utilities now because this economy is bogging out. We got more proof of that last week, with China posting an anemic 0.8% growth rate in Q2.
Department Stores Are Maxed Out
Wall Street Journal - 23 Aug 2023 17:27
Bearish commentary from some retailers, including Macy's, paints a worrying picture of American consumers.
CVS pushes into making cheaper versions of complex drugs with new discount Humira
CNBC - 23 Aug 2023 23:02
CVS is looking to strengthen its foothold in the biosimilars market, which is expected to grow to $100 billion over the next six years.
S&P 500 Has Best Day Since June
Wall Street Journal - 23 Aug 2023 23:00
Technology and real-estate shares lifted the S&P 500 to its best daily performance since June despite surveys that flashed warnings of economic slowdown.
Why Nvidia Stock Could Soar To $1,000 A Share
Forbes - 23 Aug 2023 22:36
Nvidia stock soared in after-hours trading Wednesday.
What Is Portfolio Income?
Forbes - 23 Aug 2023 21:25
For most people, portfolio income is their pathway toward financial freedom. Money saved during the working years can be used to create an investment portfolio that can then generate income during retirement. In this art...
The Fed Claims To Be Fighting Inflation. It May Actually Be Making It Worse.
Forbes - 23 Aug 2023 21:18
The Fed is raising rates to bring overall inflation down, but higher rates might actually exacerbate inflationary pressures related to rents.
Could China's Digital Yuan Challenge U.S. Dollar Dominance?
Forbes - 23 Aug 2023 20:42
While the promise of CBDCs is real, the U.S. dollar is unlikely to be toppled from its position as the global reserve currency anytime soon.
How consumer behaviour plays a significant role in investment decisions
livemint.com - 23 Aug 2023 19:21
The stock market hitting a new all-time high recently, and hovering around it now, has rekindled the interest of investors.
How Axis Mutual Fund plans to turn around its ship now
livemint.com - 23 Aug 2023 19:19
It's been a little over a year since a massive front-running scandal erupted at Axis Mutual Fund. The firm has since set its house in order and is now readying for a fresh innings.
Will TDS apply despite capital loss from sale of property?
livemint.com - 23 Aug 2023 19:19
There has been a fair amount of debate in the past on whether TDS is to be made on the entire amount of sale consideration or only on the portion of income chargeable to tax.
How High a Rate Can Housing Take?
Wall Street Journal - 23 Aug 2023 18:12
Home builders are thriving despite the highest mortgage rates in a generation, but existing homeowners might have less to celebrate if high rates persist.
Apple Stock Dividend Analysis
Forbes - 23 Aug 2023 17:53
Researching Apple stock's dividend metrics? You're not alone. Here's analysis and summary of AAPL stock's dividend yield, history, payout and more.
Abercrombie & Fitch shares soar more than 20% as retailer blows past earnings estimates, raises guidance
CNBC - 23 Aug 2023 17:28
Abercrombie & Fitch has posted strong sales, even as other retailers see a weaker and choosier consumer.
SEC Takes on Private Equity, Hedge Funds
Wall Street Journal - 23 Aug 2023 16:00
Wall Street's main regulator is set to approve new rules aimed at overhauling the way private-equity and hedge funds deal with their investors.
Should You Buy Deere Stock After A 10% Fall In A Week Despite Solid Q3?
Forbes - 23 Aug 2023 15:00
We believe the selling in Deere is overdone, and investors will likely be better off buying this dip for reasonable gains in the long run.
What To Expect From Nvidia's Earnings
Forbes - 23 Aug 2023 14:55
Nvidia Inc. is scheduled to report earnings after Wednesday's close. Here is a closer look at the numbers and what it means for the market.
What To Expect From Nvidia's Earnings Today
Forbes - 23 Aug 2023 14:55
Nvidia Inc. is scheduled to report earnings after Thursday's close. Here is a closer look at the numbers and what it means for the market.
Peloton shares drop 30% after posting wider than expected loss, falling sales due to Bike recall, seasonality
CNBC - 23 Aug 2023 14:36
Peloton's shares plunged 28% after the company posted a wider than expected loss and churn that it blamed on its Bike seat recall and seasonality.
Nvidia Earnings After The Close
Forbes - 23 Aug 2023 14:33
Stocks opened Tuesday with a surge of strength, led by market stalwarts such as Nvidia.