Description: The Nasdaq Composite squandered its biggest intraday gain in almost 2 years on Thursday and was seeing declines deepen on Friday Source: MarketWatch.com Date: Jan 21, 2022 Link: https://www.marketwatch.com/story/heres-one-reason-the-stock-market-is-squandering-big-early-leads-weve-shifted-from-buy-the-dip-to-sell-the-rally-says-analyst-11642714042?siteid=yhoof2 Questions for discussion: What are the reasons for the market behavior? According to the report, what are the technical concerns? What do you think about… Read more »
Posts Categorized: Personal Finance
Microsoft will buy Activision Blizzard, betting $70 billion on the future of games.
Description: SEATTLE — Microsoft plans to buy the powerhouse but troubled video game company Activision Blizzard for nearly $70 billion, its biggest deal ever and one that places a major bet that people will be spending more and more time in the digital world. Source: NYTimes.com Date: Jan 19, 2022 Link: https://www.nytimes.com/2022/01/18/business/microsoft-activision-blizzard.html? Questions for discussion:… Read more »
Chipmakers are set to be ‘winners’ as the metaverse takes off
Description: The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Source: CNBC.com – video report Date: Jan 18, 2022 Link: https://www.cnbc.com/2022/01/13/analysts-on-metaverse-benefiting-chipmakers-big-tech-crypto.html?recirc=taboolainternal Questions for discussion: Explain why chipmakers are expected to do well? Do some manufacturers present better… Read more »
Debt-strapped Canadians brace for a risky rate-hiking cycle
Description: The era of historically low interest rates, which inflated Canadians’ wealth and facilitated their spending, is coming to an end. Source: BNNBloomberg.ca – video report Date: Jan 21, 2022 Link: https://www.bnnbloomberg.ca/debt-strapped-canadians-brace-for-a-risky-rate-hiking-cycle-1.1711107 Questions for discussion: Summarize what the report says is coming and how investments and spending are likely to be affected. Do you agree with… Read more »
It’s Not ‘Woke’ for Businesses to Think Beyond Profit, BlackRock Chief Says
Description: Larry Fink’s latest annual letter to corporate America clarifies, and defends, his approach to social and environmental issues at the world’s largest money manager. Source: NYTimes.com Date: Jan 17, 2022 Link: https://www.nytimes.com/2022/01/17/business/dealbook/larry-fink-blackrock-letter.html? Questions for discussion: How would you characterize Larry Fink’s role and influence in the business world? Do you agree with his recommended… Read more »
Earnings season is the next big test for the market and value stocks in the week ahead
Description: Market focus in the coming week turns toward fourth-quarter earnings, which are expected to reveal stronger profit growth for economically sensitive stocks over tech names. Source: CNBC.com – video report Date: Jan 14, 2022 Link: https://www.cnbc.com/2022/01/14/earnings-season-is-the-next-big-test-for-the-market-and-value-stocks-in-the-week-ahead.html Questions for discussion: What does the report suggest is affecting the market? What do you think is likely… Read more »
Dogecoin jumps after Elon Musk announces that Tesla will accept the meme coin—for merch
Description: On Friday, electric-vehicle maker Tesla began accepting Dogecoin, a dog-themed cryptocurrency, as payment for some merchandise on its website. Source: Fortune.com – video report Date: Jan 14, 2022 Link: https://fortune.com/2022/01/14/dogecoin-price-elon-musk-tesla-accepting-doge-merchandise/?utm_source=email&utm_medium=newsletter&utm_campaign=ceo-daily&utm_content=2022011412pm&tpcc=nlceodaily Questions for discussion: Explain the excitement over Tesla’s decision? What should investors make of this phenomenon?
2021 rally brings opportunity to reduce portfolio risk in 2022
Description: As the glow of a stellar 2021 for equity markets fades, retirement investors are faced with the stark reality that the world remains fraught with risk. Source: BNNBloomberg.ca – video report Date: Jan 14, 2022 Link: https://www.bnnbloomberg.ca/2021-rally-brings-opportunity-to-reduce-portfolio-risk-in-2022-1.1707871 Questions for discussion: What personal investment advice is presented in this article? Do you agree with these… Read more »
Why Tesla Soared as Other Automakers Struggled to Make Cars
Description: The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry. Source: NYTimes.com Date: Jan 08, 2022 Link: https://www.nytimes.com/2022/01/08/business/teslas-computer-chips-supply-chain.html Questions for discussion: Why was Tesla able to operate better than other automotive manufacturers? Should these companies rethink their supply chain strategies, in… Read more »
Intel plans to take self-driving car unit public in the U.S. in mid-2022
Description: Intel has announced that it plans to list Mobileye, the Israeli autonomous driving firm it acquired for $15.3 billion in 2017, as part of an effort to branch out into new markets. Source: CNBC.com – video report Date: Dec 07, 2021 Link: https://www.cnbc.com/2021/12/07/intel-plans-to-take-self-driving-car-unit-public-in-the-us-in-2022.html Questions for discussion: Why didn’t Intel stock rise before the announced IPO spinoff of… Read more »
