Article by mohitoberoi

Article Info

Last Updated: 28 March 2023

Mohit Oberoi is a freelance finance writer based in India. He has completed his MBA with finance a major. He has over 15 years of experience in financial markets. He has been writing extensively on global markets for the last eight years and has written over 7,500 articles. He mainly covers metals, electric vehicles, asset managers, and other macroeconomic news. He also loves writing on personal finance and topics related to valuation.

Disney Layoffs Begin This Week as Bob Iger’s Transformation Plan Takes Shape

Author: Mohit Oberoi

Last Updated: March 28, 2023

In an internal memo, Disney (NYSE: DIS) CEO Bob Iger said that the company would announce its first round of layoffs this week which are […]

Rivian Stock is Underperforming EV Peers in 2023: Can it Recover?

Author: Mohit Oberoi

Last Updated: March 27, 2023

With a YTD loss of 25%, Rivian stock (NYSE: RIVN) is underperforming the markets as well as EV (electric vehicle) peers in 2023. Can the […]

TikTok Scrutiny & AR Enterprise Solution Drives Snap Stock Higher

Author: Mohit Oberoi

Last Updated: March 24, 2023

Snap stock (NYSE: SNAP) stock rose over 3% yesterday and has outperformed the markets over the last couple of weeks. Growing scrutiny of TikTok in […]

US Stocks Fall as Fed Raises Rates by 25 Basis Points despite the Turmoil

Author: Mohit Oberoi

Last Updated: March 23, 2023

The US Fed raised its policy rates by 25 basis points yesterday. US stocks whipsawed but eventually major indices closed with losses of over 1.5%. […]

GameStop Stock Pops on Surprise Profit: Is a Short Squeeze Coming?

Author: Mohit Oberoi

Last Updated: March 22, 2023

Meme stock darling GameStop (NYSE: GME) is trading sharply higher in US premarket price action today after reporting a surprise profit for the fourth quarter […]

UBS Buys Credit Suisse for $3.2 Billion as Regulators Scramble to Instill Confidence

Author: Mohit Oberoi

Last Updated: March 20, 2023

UBS has agreed to buy Credit Suisse for $3.2 billion in a deal that had the blessings of Swiss regulators. Amid the banking crisis, agencies […]

Things Get Complicated for ‘Data-Dependent’ Fed amid Banking Crisis

Author: Mohit Oberoi

Last Updated: March 16, 2023

The next Fed meeting is scheduled for March 21-22. While on multiple occasions the US central bank has said that it is “data dependent” it […]

Meta Platforms Announces Second Round of Layoffs: Would Tech Peers Follow Suit?

Author: Mohit Oberoi

Last Updated: March 15, 2023

After around a month of rumors, Meta Platforms (NYSE: META) has announced its second round of mass layoffs. Would other tech peers follow suit? Last […]

Here’s What Analysts Say about Regional Bank Stocks amid the Slump

Author: Mohit Oberoi

Last Updated: March 14, 2023

After the failure of SVB and Signature Bank in quick succession, regional bank stocks have crashed. Here’s what Wall Street thinks about the recent price […]

Goldman Sachs Predicts No Fed Rate Hike in March after the SVB Debacle

Author: Mohit Oberoi

Last Updated: March 13, 2023

Goldman Sachs believes that the US Fed would not raise rates at its upcoming March meeting. The outlook for rate hikes has changed drastically over […]