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Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Mar 22, 2024
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
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The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
Mar 7, 2024
Across the recent three months, 9 analysts have shared their insights on Palantir Technologies ( PLTR ) , expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...
The Analyst Verdict: Couchbase In The Eyes Of 14 Experts
The Analyst Verdict: Couchbase In The Eyes Of 14 Experts
Mar 7, 2024
Across the recent three months, 14 analysts have shared their insights on Couchbase ( BASE ) , expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3...
Broadcom's first-quarter revenue beats estimates
Broadcom's first-quarter revenue beats estimates
Mar 7, 2024
March 7 (Reuters) - Tech conglomerate Broadcom ( AVGO ) beat market estimates for first-quarter revenue on Thursday, as cloud providers continue to upgrade data centers to support artificial intelligence, helping drive demand for its advanced networking chips. The company reported quarterly net revenue of $11.96 billion. This compares to analysts' average estimate of $11.72 billion, according to LSEG data....
Recap: Guidewire Software Q2 Earnings
Recap: Guidewire Software Q2 Earnings
Mar 7, 2024
Guidewire Software ( GWRE ) reported its Q2 earnings results on Thursday, March 7, 2024 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Guidewire Software ( GWRE ) beat estimated earnings by 100.0%, reporting an EPS of $0.46 versus an estimate of $0.23. Revenue was up $8.29 million from the same period last year. Past...
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Air India Boeing plane bound to San Francisco lands in Russia
Air India Boeing plane bound to San Francisco lands in Russia
Jul 18, 2024
July 19 (Reuters) - An Air India plane operating from Delhi to San Francisco made a precautionary landing in the Russian region of Siberia after the cockpit crew detected a potential issue in the cargo hold area, the Indian airline said on Friday. The Boeing 777 aircraft landed safely at the Krasnoyarsk International Airport with all 225 passengers and 19...
Stellantis US Recalls Plug-In Hybrid Minivans Due to Fire Risks
Stellantis US Recalls Plug-In Hybrid Minivans Due to Fire Risks
Jul 18, 2024
Stellantis NV ( STLA ) has announced a significant recall. Here’s what you need to know. What Happened: According to Reuters, the company, through its subsidiary FCA US LLC, is recalling an estimated 19,516 U.S.-market plug-in hybrid minivans to address a potential fire risk. This recall is specifically limited to certain model-year 2017-2021 Chrysler Pacifica Hybrids. The recall follows a...
Stellantis recalls 24,000 Chrysler minivans for fire risks, urges outdoor parking
Stellantis recalls 24,000 Chrysler minivans for fire risks, urges outdoor parking
Jul 18, 2024
WASHINGTON, July 18 (Reuters) - Stellantis ( STLA ) on Thursday recalled about 24,000 Chrysler Pacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park outside, away from structures. and not to recharge the vehicles pending a software update. Stellantis ( STLA ) said the recall of 2017 through 2021 model year Chrysler Pacifica Hybrids includes...
--Netflix Posts Q2 EPS of $4.88 on Revenue of $9.6 Billion, vs CIQ Analyst Consensus of $4.76/Share on Revenue of $9.5 Billion
--Netflix Posts Q2 EPS of $4.88 on Revenue of $9.6 Billion, vs CIQ Analyst Consensus of $4.76/Share on Revenue of $9.5 Billion
Jul 18, 2024
04:00 PM EDT, 07/18/2024 (MT Newswires) -- Price: 642.95, Change: -4.51, Percent Change: -0.70 ...
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Bitcoin Recovers From Leverage
Bitcoin Recovers From Leverage
Dec 5, 2024
Bitcoin prices dumped to $92,980 during late trading on Dec. 5. The move follows an all-time high earlier the same day when the asset came just short of $104,000 on Coinbase. The 10% flash crash wiped around $10,000 off the price of BTC as another leverage-induced liquidation event occurred. BREAKING: #Bitcoin briefly falls -$8,000 in 90 minutes to a daily...
Bitcoin Plunges to $98K Amid Heightened Volatility
Bitcoin Plunges to $98K Amid Heightened Volatility
Dec 5, 2024
Its been a rollercoaster of a day for Bitcoin. Its price reached a historic all-time high above $100,000 earlier, followed by a plunge toward $98,000 moments ago. As CryptoPotato reported earlier, the move above $100K followed Donald Trumps decision to make Paul Atkins the new Chairman of the United States Securities and Exchange Commission. In the words of the President-elect himself: Paul...
Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar
Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar
Dec 5, 2024
Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value. Powell shared these views during his appearance at The New York Times DealBook Summit in Manhattan. Powell’s Argument When asked whether Bitcoin’s popularity reflects a lack of faith in...
Will $2.3B Bitcoin Options Expiry Accelerate The Correction? 
Will $2.3B Bitcoin Options Expiry Accelerate The Correction? 
Dec 6, 2024
Approximately 23,400 Bitcoin options contracts will expire on Friday, Dec. 6, in the first expiry event of December. They have a notional value of $2.3 billion, which is about a quarter of last month’s massive options expiry event. The end of December’s year-end event is also set to be a huge one. Bitcoin Options Expiry This week’s batch of Bitcoin...
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