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...

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.

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.

　　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...

Fedbank Financial Services IPO listing date: Despite the NBFC's strong track record of growth and profitability, along with its diversified customer portfolio, the lack of enthusiasm among investors could lead to a flat or even negative listing, analysts say.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

BHEL Share Price: The stock has been on an upward swing since November 22, and has gained  14% in the last five trade sessions. It has gained 105% this year, so far.

The rally in the Tata Motors stock comes ahead of the listing of its arm Tata Technologies Ltd on the bourses. Last heard, shares of Tata Technologies were trading at a premium of ₹420 in the grey market, suggesting a likely listing at ₹920 over its issue price of ₹500.

Sui (SUIUSD) price declined slightly in its latest intraday trading, moving along a minor downward slope line on the short term. Negative pressure continues from trading below its 50-day SMA, which adds to the bearish outlook. Meanwhile, a negative crossover has begun to appear in the Stochastic indicators after reaching strongly overbought levels, exaggerated relative to the price movement, suggesting...

WLD (WLDUSD) price declined in its latest intraday trading, under continued negative pressure from trading below its 50-day SMA, which acts as dynamic resistance limiting recovery attempts. The price also moves along a minor downward trend line on the short term, while the Stochastic indicators have reached strongly overbought levels with a negative crossover beginning to appear. Therefore, we expect...

MaxLinear ( MXL ) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...

Verizon Communications ( VZ ) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish...

After a strong performance in state elections completed earlier this month, many expect the opposition Hindu nationalist Bharatiya Janata Party (BJP), led by Narendra Modi, could oust the current ruling Congress party in national elections set to be held by May.

Ahead of the IAF's annual press conference, the IAF also showed video clips of the Balakot strikes.

The Tree Authority of the Brihanmumbai Municipal Corporation took the decision to cut the trees in Aarey on August 29.

Ashish Deshmukh and Devendra Fandavis will file their nomination papers in Nagpur on Friday.

04:49 PM EDT, 07/31/2024 (MT Newswires) -- ANSYS ( ANSS ) reported Q2 non-GAAP earnings late Wednesday of $2.50 per diluted share, up from $1.60 a year earlier. Analysts polled by Capital IQ expected $1.94. Revenue for the quarter ended June 30 was $594.1 million, up from $496.6 million a year earlier. Analysts surveyed by Capital IQ expected $555.8 million....

04:52 PM EDT, 07/31/2024 (MT Newswires) -- Everest Group ( EG ) (EG ) reported Q2 net income late Wednesday of $16.70 per diluted share, up from $16.26 a year earlier. Analysts polled by Capital IQ expected $16.78. Revenue for the quarter that ended June 30 was $4.23 billion, up from $3.65 billion a year earlier. Analysts surveyed by Capital...

04:52 PM EDT, 07/31/2024 (MT Newswires) -- Jonathan R Scott, 10% Owner, Director, on July 30, 2024, sold 20,000 shares in First Interstate Bancsystem ( FIBK ) for $632,000. Following the Form 4 filing with the SEC, Scott has control over a total of 1,001,374 shares of the company, with 14,114 shares held directly and 987,260 controlled indirectly. SEC Filing:...

04:49 PM EDT, 07/31/2024 (MT Newswires) -- Carvana ( CVNA ) reported Q2 earnings late Wednesday of $0.14 per diluted share, compared with a loss of $0.55 a year earlier. Analysts polled by Capital IQ expected a loss of $0.07. Revenue for the quarter that ended June 30 was $3.41 billion, up from $2.97 billion a year earlier. Analysts surveyed...

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

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.

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

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.