The minutes of the Federal Reserves October meeting, released on Wednesday, showed that policymakers were divided over the decision to cut interest rates, reflecting disagreements about whether a cooling labor market or persistent inflation posed the greater threat to the economy. Although the Federal Open Market Committee approved a rate cut at the meeting, the path for monetary policy in...

After months of heavy hedging triggered by the tariff shock that rattled the dollar earlier this year, foreign investors who rushed to protect their U.S. holdings against further depreciation are now slowing those efforts sharply a vote of confidence that has helped the dollar rebound from its worst slump in years. Analysts stress that hedging levels remain above historical norms,...

Nvidia blew past all expectations on Wednesday, reporting soaring profits driven by its graphics processing units (GPUs) that excel at powering artificial intelligence workloads. But other classes of AI chips are beginning to gain momentum. Every major cloud provider is now designing its own application-specific integrated circuits (ASICs), from Googles TPU to Amazons Trainium to OpenAIs plans with Broadcom. These...

The US dollar slipped slightly against most major currencies on Thursday as expectations grew that the Federal Reserve will keep interest rates unchanged. The move came after the release of the September nonfarm payrolls report, which showed the US economy added 119,000 jobs well above expectations of 50,000 and compared with a loss of 4,000 jobs in August. Several Federal...

The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.

Gold prices posted a six-month low on Thursday, pressed down further by a firm dollar and as the US Federal Reserve Chair confirmed an outlook for higher interest rates in the United States.

While Jhunjhunwala, who owns private equity firm Rare Enterprises, believes that there are growth opportunities in every section of the stock market, he has his favorites and one of them is Tata Steel.

The market is rangebound in trade towards the second half of the session on Thursday with the BSE Sensex trading at 35,512 points and the NSE Nifty trading at 10,758 points. 

Throughout the last three months, 17 analysts have evaluated Twilio ( TWLO ) , offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 8 1...

Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support base at 79.60$, and the EMA50 meets this level to add more strength to it. As long as the price is above this level, our bullish overview will remain valid for today. Reminding you that our main awaited target is located at 81.50$. Expected Trading Range...

In the preceding three months, 6 analysts have released ratings for Viant Technology ( DSP ) , presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...

Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative pressure to test the EMA50 that attempts to protect the price from achieving more decline. Waiting to resume the positive trades to test 84.77$ mainly, noting that breaching it will push the price towards 85.80$ as a next positive station. On the other hand, breaking 83.80$ will...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

08:45 AM EST, 11/12/2024 (MT Newswires) -- Novavax ( NVAX ) reported a Q3 loss Tuesday of $0.76 per diluted share, narrower than the loss of $1.26 a year earlier. Four analysts polled by Capital IQ expected a loss of $0.81. Revenue for the quarter ended Sept. 30 was $84.5 million, down from $187 million a year earlier. Five analysts...

08:50 AM EST, 11/12/2024 (MT Newswires) -- Sphere Entertainment ( SPHR ) reported a fiscal Q1 loss Tuesday of $2.95 per share, swinging from earnings of $1.89 per share a year earlier. Analysts expected a loss of $2.76. Revenue for the quarter ended Sept. 30 was $227.9 million, up from $118 million a year earlier. The consensus forecast was $247.5...

12:41 PM EST, 11/12/2024 (MT Newswires) -- Loar Holdings ( LOAR ) is expected to gain in Q3 from strong Aerospace & Defense fundamentals, scarcity value, and a positive M&A landscape, RBC Capital Markets said in a report emailed Tuesday. Loar ( LOAR ) will report its Q3 earnings on Wednesday, RBC said. We expect the company to exceed 3Q24...

12:26 PM EST, 11/12/2024 (MT Newswires) -- HPQ Silicon ( HPQFF ) , on Tuesday updated shareholders on recent developments from it HPQ Silica Polvere unit (HSPI) on the commercial validation of its proprietary Fumed Silica Reactor (FSR) process. Technology supplier PyroGenesis Canada ( PYRGF ) told HSPI that, after successfully commissioning the pilot system, its engineering team identified the...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...