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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...
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....
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...
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Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
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Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Aug 10, 2025
Aug 10 (Reuters) - U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG ( NDTAF ) , according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's ( NDTAF ) data center...
Crude oil prices deepen its losses-Analysis-11-08-2025
Crude oil prices deepen its losses-Analysis-11-08-2025
Aug 10, 2025
The (crude oil) price kept declining in its last intraday trading, keeping its sharp bearish track alongside a minor bearish bias line on a short- term basis, and the selling pressures remain valid due to their stability below EMA50, these technical factors indicate the weakness of the bullish momentum and the continuation of the sellers dominance on the trading. The...
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says
Aug 10, 2025
* Agreement applies to advanced AI chips like Nvidia's ( NVDA ) H20 * Nvidia ( NVDA ) spokesperson says company follows rules set by US government * US official says administration does not feel sale of chips compromises national security (Changes sourcing in headline and paragraph 1 to U.S. official, rewrites throughout) By Karen Freifeld Aug 10 (Reuters) -...
Bitcoin (BTCUSD) breaches its current resistance -Analysis-11-08-2025
Bitcoin (BTCUSD) breaches its current resistance -Analysis-11-08-2025
Aug 10, 2025
The price of Bitcoin (BTCUSD) opened this week with strong gains on its last intraday levels, to breach the current resistance level at $118,00, supported by the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, reinforcing the strength of the positive momentum. The price is supported by the trading above...
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Update: Steelworkers' Union Rejects Latest Offer by Nippon Steel to Buy US Steel
Update: Steelworkers' Union Rejects Latest Offer by Nippon Steel to Buy US Steel
Jan 2, 2025
05:24 PM EST, 01/02/2025 (MT Newswires) -- (Updates with US Steel's statement in the sixth paragraph.) US Steel's (X) unionized employees again rejected the latest offer by Nippon Steel to keep its $14.9 billion buyout effort alive, with a statement posted by the United Steelworkers to the union's website describing the Japanese steelmaker's proposal as a 'Hail Mary' pass destined...
Camden National-Northway Financial Merger Closes
Camden National-Northway Financial Merger Closes
Jan 2, 2025
05:17 PM EST, 01/02/2025 (MT Newswires) -- Camden National ( CAC ) said late Thursday that its merger with Northway Financial has closed. Under the terms of the deal, each outstanding share of Northway common stock was converted into the right to receive 0.83 Camden National ( CAC ) common share, with cash to be paid in lieu of fractional...
Drilling Tools Closes Titan Tools Acquisition
Drilling Tools Closes Titan Tools Acquisition
Jan 2, 2025
05:22 PM EST, 01/02/2025 (MT Newswires) -- Drilling Tools International ( DTI ) said Thursday it completed its acquisition of oilfield equipment rental company Titan Tools Services. Drilling Tools ( DTI ) announced its purchase of UK-based Titan Tools on Oct. 31 but did not provide financial terms or other details about the transaction. On Thursday, however, the company filed...
Cencora raises annual profit forecast after completing Retina Consultants deal
Cencora raises annual profit forecast after completing Retina Consultants deal
Jan 2, 2025
Jan 2 (Reuters) - Drug distributor Cencora ( COR ) raised its annual adjusted profit forecast on Thursday, citing benefits from its $4.4 billion takeover of Retina Consultants of America (RCA) and continued strong performance in the U.S. market. The company now sees its 2025 earnings per share ranging from $15.15 to $15.45, an increase from its previous projection of...
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Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data
Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data
Mar 22, 2024
Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoins...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
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