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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...
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....
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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US STOCKS-Futures stall in lead-up to payrolls revisions, Fed minutes
US STOCKS-Futures stall in lead-up to payrolls revisions, Fed minutes
Aug 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow up 0.13%, S&P 500 up 0.04%, Nasdaq down 0.04% Aug 21 (Reuters) - U.S. stock index futures were largely flat on Wednesday, as investors remained on the sidelines ahead of the preliminary revisions to U.S. payrolls data...
Sector Update: Health Care
Sector Update: Health Care
Aug 22, 2024
08:51 AM EDT, 08/21/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Wednesday with the Health Care Select Sector SPDR Fund (XLV) unchanged and the iShares Biotechnology ETF (IBB) recently advancing by 0.9%. Procept BioRobotics ( PRCT ) shares were up over 12% after saying it had secured clearance from the US Food and Drug Administration for...
Sector Update: Tech
Sector Update: Tech
Aug 22, 2024
08:47 AM EDT, 08/21/2024 (MT Newswires) -- Technology stocks were mixed premarket Wednesday with the SPDR S&P Semiconductor ETF (XSD) down 1.2% and the Technology Select Sector SPDR Fund (XLK) recently up 0.2%. Keysight Technologies ( KEYS ) shares were up more than 12% after it reported late Tuesday a slower-than-expected drop in fiscal Q3 earnings and sales. ...
Traders Await Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Traders Await Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Aug 22, 2024
08:51 AM EDT, 08/21/2024 (MT Newswires) -- US equity futures were cautiously higher before Wednesday's opening bell as traders looked ahead to minutes from the last Federal Reserve meeting for clues about future monetary policy. The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures increased 0.3%, and Nasdaq futures were up 0.2%. Oil prices were higher, with front-month...
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Crude oil price forecast update 19-04-2024
Crude oil price forecast update 19-04-2024
Apr 19, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price couldnt manage to hold for a long time above the 83.90$ level. It trades with strong negativity and loses the morning gains as it breaks the mentioned level. This leads to falling under expected negative pressure for the rest of the day, targeting testing 81.50$ initially. Noting that breaking this level...
Ethereum price (ETHUSD) forecast update - 19-04-2024
Ethereum price (ETHUSD) forecast update - 19-04-2024
Apr 19, 2024
Ethereum Price (ETHUSD) Analysis Expected Scenario The Ethereum price trades positively to test the key resistance at 3132.80$. The EMA50 meets this level to add more strength to it, waiting to resume the bearish wave. Targets begin by breaking 2905.30$ to confirm heading towards 2710.00$ as the next negative station. On the other hand, breaching 3132.80$ will push the price...
Bitcoin price (BTCUSD) forecast update - 19-04-2024
Bitcoin price (BTCUSD) forecast update - 19-04-2024
Apr 19, 2024
Bitcoin Price (BTCUSD) Analysis Expected Scenario The Bitcoin price rallied upwards clearly to test the key resistance at 65391.75$ and hinted at the attempt to return to the main bullish track. Technical indicators provide negative signals that might push the price to decline again, making us stay aside until we get a clearer signal for the next trend. We will...
Brent oil price forecast update 19-04-2024
Brent oil price forecast update 19-04-2024
Apr 19, 2024
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly and couldnt manage to confirm the return to the bullish channel. It attacked the 87.67$ level and headed towards a potential return to the correctional bearish trend. We expect domination of the bearish trend in the upcoming sessions, targeting 84.77$ areas as the next negative station. Therefore,...
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Mexico issues red alert as Hurricane John barrels toward southern coast
Mexico issues red alert as Hurricane John barrels toward southern coast
Oct 3, 2024
PUERTO ESCONDIDO, Mexico, Sept 23 (Reuters) - Mexico's top disaster agency issued a red alert for parts of the country's southern Pacific coast on Monday after Hurricane John rapidly strengthened to a Category 2 storm and threatened to get stronger before making landfall in the coming hours. The national Civil Protection agency issued its most serious warning for coastal regions...
Vietnam, US firms sign MoUs on energy, AI, data centre - govt
Vietnam, US firms sign MoUs on energy, AI, data centre - govt
Oct 3, 2024
HANOI, Sept 24 (Reuters) - Vietnamese and U.S. firms have signed memorandums of understanding (MoUs) to cooperate in energy, AI and a data centre, the Vietnamese government said Tuesday. The MoUs were signed at a business forum in the United States, the government said in a statement. The MoUs include one on energy technology transfer signed by Vietnam's state oil...
BP shutting in oil output, evacuating US Gulf of Mexico platforms ahead of storm
BP shutting in oil output, evacuating US Gulf of Mexico platforms ahead of storm
Oct 3, 2024
HOUSTON, Sept 23 (Reuters) - Oil major BP on Monday shut in oil and gas production at two U.S. Gulf of Mexico platforms and curtailed output at two others ahead of a storm predicted to become a major hurricane. The U.S. National Hurricane Center said a potential Tropical Cyclone in the Caribbean was expected to intensify later this week and...
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
Oct 3, 2024
Sept 23 (Reuters) - The U.S. Department of Justice plans to file a lawsuit against Visa, the world's largest payments network operator, alleging that the company illegally monopolized the country's debit card market, Bloomberg News reported on Monday. The antitrust division is set to sue Visa in federal court as early as Tuesday, accusing it of various anticompetitive behaviors, the...
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Important Binance Announcement Affecting WIF and PEPE Traders
Important Binance Announcement Affecting WIF and PEPE Traders
Apr 10, 2024
TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to borrow funds using their crypto stash as collateral. The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users experiences. Most...
Institutions Are Levering Up On Bitcoin In This ETF
Institutions Are Levering Up On Bitcoin In This ETF
Apr 10, 2024
Though Bitcoin (BTC) spot ETFs launched by BlackRock and others have been all the rage in crypto, there’s a slightly older Bitcoin fund that’s also seen exponential gains in the past few months. The 2X Bitcoin Strategy ETF (BITX) has quadrupled its Bitcoin exposure since January, now reigning as one of the largest Bitcoin futures ETFs in the United States....
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Apr 10, 2024
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official blog post on April 9th,...
Wilder World Partners Samsung to Integrate Metaverse in Smart TVs
Wilder World Partners Samsung to Integrate Metaverse in Smart TVs
Apr 10, 2024
The team behind the Wilder World metaverse has entered a partnership with technology giant Samsung to bring its multiplayer virtual world to a wider audience through the company’s smart TVs. According to an announcement sent to CryptoPotato, the collaboration will leverage Samsung’s extensive distribution network to introduce Wilder World to millions of households. Wilder World Taps Samsung for Metaverse Integration...
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