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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...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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.
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Equity Markets Rise After Consumer Inflation Report
Equity Markets Rise After Consumer Inflation Report
Sep 12, 2024
04:47 PM EDT, 09/11/2024 (MT Newswires) -- US benchmark equity indexes rose Wednesday as traders evaluated official consumer inflation data and awaited the producer prices report for August. The Nasdaq Composite jumped 2.2% to 17,395.5, while the S&P 500 advanced 1.1% to 5,554.1. The Dow Jones Industrial Average moved 0.3% higher to 40,861.7. Technology led the gainers among sectors, up...
Sector Update: Tech
Sector Update: Tech
Sep 12, 2024
08:52 AM EDT, 09/12/2024 (MT Newswires) -- Technology stocks were edging higher pre-bell Thursday as the SPDR S&P Semiconductor ETF (XSD) was marginally advancing and the Technology Select Sector SPDR Fund (XLK) was recently up 0.2%. Netgear ( NTGR ) shares rose past 20% after the company said it now expects fiscal Q3 net revenue of $170 million to $180...
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; Nvidia to Advance, AST SpaceMobile to Decline
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; Nvidia to Advance, AST SpaceMobile to Decline
Sep 12, 2024
06:47 AM EDT, 09/12/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. Nvidia ( NVDA ) advanced by 0.8% in premarket activity, following an 8.2% increase from the previous session. Intuitive Machines ( LUNR ) was up 0.4% pre-bell, swinging from a 3.1% rise at Wednesday's close. Advanced Micro Devices...
US STOCKS-Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut
US STOCKS-Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut
Sep 12, 2024
* August Core CPI up 0.3% vs economist estimates for 0.2% * Nvidia ( NVDA ) rises 8% for biggest market boost * Trump Media & Technology ( DJT ) shares slump, Solar stocks rally * Indexes up: Dow 0.31%, S&P 500 1.07%, Nasdaq 2.17% (Updates with final closing prices, volume data) By Sinéad Carew and Shashwat Chauhan Sept 11...
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Western Digital 'Well-Positioned' to Capitalize on Data Center Buildout Despite Lagging Technology, Morgan Stanley Says
Western Digital 'Well-Positioned' to Capitalize on Data Center Buildout Despite Lagging Technology, Morgan Stanley Says
May 26, 2025
11:19 AM EDT, 05/23/2025 (MT Newswires) -- Western Digital ( WDC ) looks well-positioned to capitalize on data center buildout despite lacking technology against Seagate Technology (STX), Morgan Stanley said in a Friday note. The company's data center expansion plans are stronger than ever and compute demand is rising, thus resulting in exponential growth for data creation, the note added....
nCino AI Focus to Drive Pricing Benefits, Morgan Stanley Says
nCino AI Focus to Drive Pricing Benefits, Morgan Stanley Says
May 26, 2025
11:19 AM EDT, 05/23/2025 (MT Newswires) -- nCino (NCNO) is prioritizing artificial intelligence as a core product strategy to drive structural pricing benefits, Morgan Stanley said in a note Friday. Pricing tailwinds and more achievable estimates support a stronger near-term setup, the firm said, following nCino's nSight 2025 conference, where it outlined its vision to become a leader in AI...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Slowing Hoka Brand Growth Drive Deckers Outdoor Downgrade at KeyBanc Amid Demand Concerns
Slowing Hoka Brand Growth Drive Deckers Outdoor Downgrade at KeyBanc Amid Demand Concerns
May 26, 2025
11:24 AM EDT, 05/23/2025 (MT Newswires) -- Deckers Outdoor's ( DECK ) strong fiscal fourth-quarter results were overshadowed by sales growth deceleration at its Hoka sneaker brand and potential demand weakness from price increases, prompting KeyBanc Capital Markets to downgrade the footwear and apparel company's stock. The company late Thursday reported earnings of $1 a share for the March quarter,...
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ETH, BTC Prices Unfazed by the Massive Outflows From Grayscale’s Ethereum, Bitcoin ETFs
ETH, BTC Prices Unfazed by the Massive Outflows From Grayscale’s Ethereum, Bitcoin ETFs
Sep 24, 2024
The two largest Grayscale funds operating on US stock exchanges GBTC and ETHE saw substantial net outflows on Monday. Nevertheless, the prices of the underlying assets have remained stable and even managed to record some minor gains in the past 24 hours. Ethereum ETFs in Bad Shape CryptoPotato has repeatedly reported the lack of actual demand and interest in the...
Cardano Reaches 1
Cardano Reaches 1
Sep 25, 2024
TL;DR ADAs price surged to almost $0.40, potentially driven by positive metrics such as an increase in large transactions. However, its RSI recently spiked to 81, suggesting overbought conditions and a potential correction despite predictions of further rallies from analysts. ADAs Resurgence Cardanos ADA has been among the top-performing leading digital assets in the last 24 hours, with its price...
Gary Gensler Lambasted as Most ‘Historically Destructive and Lawless’ SEC Chair
Gary Gensler Lambasted as Most ‘Historically Destructive and Lawless’ SEC Chair
Sep 25, 2024
On Sept. 24, Minnesota Representative Tom Emmer took aim at Gary Gensler over his “disastrous record” as Chairman of the SEC. The grilling came during a House Financial Services Committee congressional hearing. Emmer accused Gensler of expecting political allegiance from SEC staff, including civil servants; however, the SEC chair denied this claim despite email evidence to the contrary. “The way you...
Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research
Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research
Sep 25, 2024
Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEcks research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see whats what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences...
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