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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.
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....
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...
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
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Sector Update: Financial
Sector Update: Financial
May 25, 2025
01:38 PM EDT, 04/29/2025 (MT Newswires) -- Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index rising 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 0.8%. The Philadelphia Housing Index eased 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) added 1.1%. Bitcoin (BTC-USD) increased 0.2% to $95,189, and the yield for 10-year US...
Sector Update: Energy
Sector Update: Energy
May 25, 2025
01:24 PM EDT, 04/29/2025 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.5%. The Philadelphia Oil Service Sector index rose 0.2%, and the Dow Jones US Utilities index added 0.5%. Front-month West Texas Intermediate crude oil was falling 2.8% to $60.33 a...
Hershey Stock Rises on Lower Cocoa Prices, Core Business Still Faces Pressure, RBC Says
Hershey Stock Rises on Lower Cocoa Prices, Core Business Still Faces Pressure, RBC Says
May 25, 2025
01:43 PM EDT, 04/29/2025 (MT Newswires) -- Hershey (HSY) stock has recently gained due to easing cocoa prices, but underlying business fundamentals remain pressured, RBC Capital Markets said in a report Tuesday. The confectionery giant faces slowing chocolate sales, retailer inventory cuts, and macroeconomic headwinds. While cocoa futures have dropped nearly 30% this year, potential tariffs and long-term supply risks...
Exchange-Traded Funds Edge Up, US Equities Mixed After Midday
Exchange-Traded Funds Edge Up, US Equities Mixed After Midday
May 25, 2025
01:16 PM EDT, 04/29/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV edged up. Actively traded Invesco QQQ Trust (QQQ) was down 0.1%. US equity indexes were mixed Tuesday as most government bond yields retreated amid a steeper-than-expected drop in job openings and consumer confidence. Energy IShares US Energy ETF (IYE) and Energy Select Sector SPDR...
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Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
May 14, 2024
(Reuters) - Comcast ( CMCSA ) is set to launch a streaming bundle combining its Peacock service with Netflix ( NFLX ) and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff competition. The new bundle, StreamSaver, will be available to all its broadband, TV and mobile subscribers and at a vastly...
Amazon's AWS chief Selipsky to step down, veteran named successor
Amazon's AWS chief Selipsky to step down, veteran named successor
May 14, 2024
May 14 (Reuters) - The chief of Amazon.com's ( AMZN ) wildly profitable Amazon Web Services cloud computing unit will step down next month after a three-year term. Adam Selipsky, 57, who is also a member of Amazon's ( AMZN ) team advising CEO Andy Jassy, will leave the company on June 3, according to an Amazon ( AMZN )...
A Closer Look at Lam Research's Options Market Dynamics
A Closer Look at Lam Research's Options Market Dynamics
May 14, 2024
Investors with a lot of money to spend have taken a bearish stance on Lam Research ( LRCX ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Update: Crude oil price hits the first target
Update: Crude oil price hits the first target
May 14, 2024
Crude oil price succeeded to touch our first waited targe tat 77.64$ and finds solid support there, waiting to break this level to confirm extending the bearish wave towards 75.25$ as a next negative station, taking into consideration that holding below 79.60$ represents key condition to achieve the waited targets. ...
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HSBC ditches 2030 net-zero emissions target
HSBC ditches 2030 net-zero emissions target
Feb 19, 2025
* Now expects 40% cut in emissions by 2030 * Says pace of change in real economy is proving slow * Also cites updated guidance on carbon credits (Recasts, adding background and context throughout) By Simon Jessop and Tommy Reggiori Wilkes LONDON, Feb 19 (Reuters) - HSBC ( HSBC ) is ditching its target of reaching net-zero carbon emissions across...
Medtronic expects pressure in surgical unit for fourth quarter, shares fall
Medtronic expects pressure in surgical unit for fourth quarter, shares fall
Feb 19, 2025
(Reuters) - Medtronic on Tuesday missed Wall Street estimates for third-quarter revenue due to lower purchases of its surgical devices by distributors and said the problems would persist in the current quarter, sending shares down more than 7%. Some distributors brought down their inventory levels below normal towards the end of the third quarter, which pressured the unit, along with...
Etihad Airways' profit more than triples to almost $500 million ahead of IPO
Etihad Airways' profit more than triples to almost $500 million ahead of IPO
Feb 19, 2025
DUBAI (Reuters) - Abu Dhabi's Etihad Airways more than tripled net profit last year to $476 million, the company said on Wednesday as the carrier pushes ahead with plans for an initial public offering (IPO). ...
Ant Group enters China's growing humanoid robot industry amid rising tech interest
Ant Group enters China's growing humanoid robot industry amid rising tech interest
Feb 19, 2025
BEIJING, Feb 19 (Reuters) - Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field. The company has opened positions related to humanoid robot systems and applications through its subsidiary, Shanghai Ant Lingbo Technology, which was established at the end of 2024 with registered...
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These 5 Altcoins Are Poised for Massive Gains, Says Analyst
These 5 Altcoins Are Poised for Massive Gains, Says Analyst
May 27, 2025
The crypto market is bracing for what some are calling a “generational altcoin opportunity,” with key on-chain signals and shifting capital flow hinting at an altseason around the corner. At the forefront of this call is pseudonymous analyst Rekt Fencer, who recently outlined several tokens he claims are primed for explosive gains of between 50x and 100x, provided market momentum...
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
May 26, 2025
After a brief dip below $2,500, Ethereum has bounced back to reclaim levels above that mark. Over the last week, the second-largest cryptocurrency registered a price jump of almost 8%. Despite broader crypto market gains, retail investor activity in Ethereum remains notably subdued. Retail Absence in Ethereum Historically, Ethereum has seen spikes in retail trading frequency near local price tops,...
Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
May 26, 2025
After an unprecedented 80-week streak of inflows, XRP faced a sharp reversal with outflows totaling $37.2 million the highest on record. This drop came despite a strong performance from broader digital asset investment products, which attracted $3.3 billion in inflows last week. According to CoinShares, the inflows brought the six-week inflow streak to a cumulative $10.5 billion. Year-to-date inflows have...
Crypto Traders, Analysts Build Stronger Case For Altseason
Crypto Traders, Analysts Build Stronger Case For Altseason
May 26, 2025
Altcoins are largely in retreat mode again today while Bitcoin holds steady around $109,000, and their lackluster performance has not gone amiss among traders and analysts. Crypto YouTuber Lark Davis was among those who observed that “don’t really do anything” while Bitcoin hits a peak, retreats, and recovers. “Thats the state of the crypto market right now,” he said on...
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