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Sector Update: Tech
Sector Update: Tech
Sep 24, 2024
08:43 AM EDT, 09/24/2024 (MT Newswires) -- Technology stocks were edging higher premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) and iShares Expanded Tech Sector ETF (IGM) were recently up 0.2%. DigiAsia's ( FAAS ) fintech-as-a-service unit DigiAsia Bios has agreed to be acquired by PayMate India for an enterprise valuation of $400 Million, PayMate said. DigiAsia (...
Top Midday Decliners
Top Midday Decliners
Sep 24, 2024
01:46 PM EDT, 09/24/2024 (MT Newswires) -- BioVie ( BIVI ) shares slumped 56% after the company said late Monday it priced an offering of 1.96 million shares and warrants at a combined price of $1.53 a share and associated warrant with gross proceeds of $3 million. Intraday volume topped 2.01 million shares versus the daily average of almost 106,000....
Dow, S&P 500 Close at Record Highs
Dow, S&P 500 Close at Record Highs
Sep 24, 2024
05:01 PM EDT, 09/23/2024 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 closed at all-time highs Monday as markets evaluated remarks by three Federal Reserve officials about the central bank's recent monetary policy decision. The Dow rose 0.2% to 42,124.7, while the S&P 500 gained 0.3% to 5,718.6. The Nasdaq Composite increased 0.1% to 17,974.3. Energy...
TREASURIES-US yields on long end creep higher after China, housing data
TREASURIES-US yields on long end creep higher after China, housing data
Sep 24, 2024
NEW YORK, Sept 24 (Reuters) - U.S. Treasury long-dated yields edged higher in choppy trading on Tuesday as risk appetite improved after China introduced broad stimulus measures to support its faltering economy, while solid housing data boosted expectations the Federal Reserve may not have to cut rates aggressively in this latest easing cycle. U.S. yields on seven-year notes and 30-year...
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Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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CrowdStrike, Palo Alto Networks Discounts Add Pressure to Pricing in Cybersecurity, Morgan Stanley Says
CrowdStrike, Palo Alto Networks Discounts Add Pressure to Pricing in Cybersecurity, Morgan Stanley Says
Dec 2, 2024
11:32 AM EST, 12/02/2024 (MT Newswires) -- CrowdStrike ( CRWD ) and Palo Alto Networks ( PANW ) are increasing discounts to accelerate market share gains in cybersecurity, creating potential broader pricing pressures across the sector, Morgan Stanley said in a report on Monday. The firm said it remains positive on long-term trends in cybersecurity, driven by expanding technology industry...
FedEx Faces Pressure to Rebound in Q2, Continued Headwinds, Morgan Stanley Says
FedEx Faces Pressure to Rebound in Q2, Continued Headwinds, Morgan Stanley Says
Dec 2, 2024
11:34 AM EST, 12/02/2024 (MT Newswires) -- FedEx ( FDX ) is facing pressure to rebound with its fiscal Q2 results after a big miss in Q1, with several headwinds, including a muted macro environment, challenges from the USPS contract expiry, and the timing of Cyber Monday, Morgan Stanley said in a note Monday. The investment firm said it's still...
United Bankshares Receives All Regulatory Approvals for Piedmont Bancorp Deal
United Bankshares Receives All Regulatory Approvals for Piedmont Bancorp Deal
Dec 2, 2024
11:29 AM EST, 12/02/2024 (MT Newswires) -- United Bankshares ( UBSI ) said Monday it has received all regulatory approvals for its proposed merger with Piedmont Bancorp. The all-stock deal is expected to close early next year, with Piedmont merging into United and Piedmont Bank merging into United Bank, United said, adding it will be the surviving entity along with...
Citadel's flagship fund Wellington rose 1.8% in November, source says
Citadel's flagship fund Wellington rose 1.8% in November, source says
Dec 2, 2024
NEW YORK, Dec 2 (Reuters) - Citadel's flagship hedge fund Wellington was up 1.8% in November, while its Tactical Trading fund rose 1.6%, a source familiar with the firm's preliminary performance said. Ken Griffin's Citadel has posted a double-digit performance on the year, with Wellington and Tactical Trading up 13.2% and 20%, respectively. Citadel declined to comment on the numbers....
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Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
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