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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.
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...
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
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.
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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Wall Street 'fear gauge' at 3-week high as stocks sink
Wall Street 'fear gauge' at 3-week high as stocks sink
Jan 10, 2025
NEW YORK (Reuters) - Wall Street's most watched gauge of investor anxiety rose to a three-week high on Friday as stock indexes sold off following a an upbeat jobs report that pushed back market expectations for further Federal Reserve interest rate cuts. The Cboe Volatility Index - an options-based indicator that reflects demand for protection against drops in the stock...
Sector Update: Tech
Sector Update: Tech
Jan 10, 2025
01:35 PM EST, 01/10/2025 (MT Newswires) -- Tech stocks dropped Friday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 1.7% and the SPDR S&P Semiconductor ETF (XSD) slipping 1.9%. The Philadelphia Semiconductor index fell 2%. In corporate news, Synopsys ( SNPS ) won approval from the European Commission for its $35 billion acquisition of Ansys ( ANSS )...
Exchange-Traded Funds, US Equities Lower After Midday Trading
Exchange-Traded Funds, US Equities Lower After Midday Trading
Jan 10, 2025
01:15 PM EST, 01/10/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 1.6%. US equity indexes dropped in midday trading Friday as a beat on nonfarm payrolls and rising inflation expectations sent government bond yields higher. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR...
Sector Update: Financial
Sector Update: Financial
Jan 10, 2025
01:32 PM EST, 01/10/2025 (MT Newswires) -- Financial stocks were falling in Friday afternoon trading, with the NYSE Financial Index dropping 2.2% and the Financial Select Sector SPDR Fund (XLF) down 2.1% recently. The Philadelphia Housing Index was shedding 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was retreating 2%. Bitcoin (BTC-USD) rose 3% to $95,315, and the...
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MP Materials Collaborates With Maaden on Rare Earth Supply Chain
MP Materials Collaborates With Maaden on Rare Earth Supply Chain
May 26, 2025
08:51 AM EDT, 05/14/2025 (MT Newswires) -- MP Materials ( MP ) has signed an agreement with Saudi Arabian Mining, or Maaden, to collaborate on the establishment of an end-to-end rare earth supply chain, Maaden said Wednesday. The collaboration aims to develop potential rare earth elements deposits in Saudi Arabia and jointly develop a vertically integrated rare earth supply chain,...
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,...
US cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
US cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
May 26, 2025
CHICAGO, May 14 (Reuters) - U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods ( TSN ) CEO Donnie King said at an investor event on Wednesday, after supplies dwindled to their lowest level in decades. Producers increasingly sent cattle to slaughter, instead of keeping them to reproduce, in recent years as...
Sector Update: Consumer
Sector Update: Consumer
May 26, 2025
08:54 AM EDT, 05/14/2025 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% higher. Global-e Online ( GLBE ) shares were down more than 13% even after the company posted a narrower Q1 loss and higher revenue. Separately, Global-e...
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Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Dec 13, 2024
It hasnt been a particularly fun week in the cryptocurrency industry as the majority of the market is trading in the red. The losses are mostly tolerable, although some altcoins definitely feel the pressure. But lets start with Bitcoin, as always. The primary cryptocurrency saw a week full of volatility. During the weekend, it increased above $101,000 but as soon...
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Dec 13, 2024
Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption of cryptocurrencies is accelerating as traditional financial institutions integrate more crypto-savvy investors. He noted that the investment, made through one of the banks funds, marks a significant step toward mainstream...
Whale and Shark Activity Pushes Chainlink (LINK) Past $29 For the First Time in 37 Months
Whale and Shark Activity Pushes Chainlink (LINK) Past $29 For the First Time in 37 Months
Dec 13, 2024
Chainlink (LINK) has recently surpassed the $29 mark for the first time in 37 months. Over the past week, the native token of the decentralized oracle network posted a 21% gain. As a result, LINK has emerged as one of the best-performing altcoins in recent weeks. Whale and Shark Gobble Up LINK The surge is largely fueled by a significant...
Vancouver Council Votes in Favor of Exploring Bitcoin as a Financial Strategy
Vancouver Council Votes in Favor of Exploring Bitcoin as a Financial Strategy
Dec 12, 2024
Vancouvers city council has voted in favor of exploring the use of BTC in municipal finances, marking a significant step toward making the city Bitcoin-friendly. Mayor Ken Sim introduced the motion, which passed on Wednesday with strong support from six councilors. Two voted against it, and three were absent. Vancouver to Explore Bitcoin Integration The mayors initiative aims to explore...
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