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INDIA STOCKS-Indian shares edge higher; investors await TCS earnings, US CPI
INDIA STOCKS-Indian shares edge higher; investors await TCS earnings, US CPI
Oct 10, 2024
(Updates at 10:22 a.m. IST) By Bharath Rajeswaran Oct 10 (Reuters) - Indian shares rose on Thursday as minutes from the Federal Reserve's latest policy meeting reinforced hopes of more rate cuts in the United States, which could likely trigger more inflows into emerging markets. The Nifty 50 index was up 0.44% at 25,090.8 points as of 10:22 a.m. IST,...
Venture capital investors wary of dealmaking despite stock market momentum, report says
Venture capital investors wary of dealmaking despite stock market momentum, report says
Oct 10, 2024
(Reuters) - Venture capital investors in the United States remained cautious about dealmaking amid economic uncertainty, according to a PitchBook-NVCA report released on Thursday, underscoring challenges in the industry despite a rally in public markets. About $37.5 billion of deals were clinched in the third quarter ended Sept. 30, nearly 32% lower than the preceding quarter, the report said. Limited...
DHT Holdings Reports Q3 Fleet Earnings Estimates
DHT Holdings Reports Q3 Fleet Earnings Estimates
Oct 10, 2024
05:35 PM EDT, 10/09/2024 (MT Newswires) -- DHT Holdings ( DHT ) said late Wednesday that it estimates Q3 time-charter equivalent earnings for its fleet of $42,400 per day. That earnings figure comprises $43,700 per day from very large crude containers, or VLCCs, operating in the spot market and $38,800 per day for VLCCs on time-charter. For Q4-to-date, the company...
Nasdaq short interest up 0.2% in late September
Nasdaq short interest up 0.2% in late September
Oct 10, 2024
NEW YORK, Oct 9 (Reuters) - Short interest on the Nasdaq rose 0.2% in late September, the exchange said on Wednesday. As of Sept. 30, short interest rose to about 14.383 billion shares, compared with about 14.350 billion shares as of Sept. 15. Investors who sell securities short borrow shares and then sell them, expecting the stock to fall so...
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Nvidia shares dip as forecast fails to calm overspending fears
Nvidia shares dip as forecast fails to calm overspending fears
Feb 27, 2025
(Reuters) - Nvidia's ( NVDA ) shares ticked lower on Thursday as the AI bellwether's upbeat quarterly forecast failed to ease nerves around overspending in the industry. The company's shares slipped 0.7% to $130.32 in early premarket trading. The stock had fallen 1.5% in extended trade on Wednesday. Nvidia's ( NVDA ) strong growth forecast for the first quarter signaled...
TSMC needs government permission for overseas joint ventures, Taiwan minister says
TSMC needs government permission for overseas joint ventures, Taiwan minister says
Feb 26, 2025
TAIPEI, Feb 27 (Reuters) - Taiwan Economy Minister Kuo Jyh-huei said on Thursday that chipmaker TSMC would need government permission for any overseas joint ventures, but the government will not interfere in its decisions. U.S. media have said Taiwan Semiconductor Manufacturing Co ( TSM ), the world's largest contract chipmaker and a major supplier to companies such as Apple (...
China says Taiwan seeks to give away chip industry to US
China says Taiwan seeks to give away chip industry to US
Feb 26, 2025
BEIJING (Reuters) - China said on Wednesday that Taiwan was seeking to give away the island's semiconductor industry to the United States as a souvenir and leverage it to seek political support from Washington. U.S. media have said Taiwan Semiconductor Manufacturing Co ( TSM ), the world's largest contract chipmaker and a major supplier to companies such as Apple and...
Salesforce Looks Beyond CRM, Bets Big On 'Digital Labor Revolution:' CEO Marc Benioff Predicts A $12 Trillion Market, Says It Is 'Much Bigger Than Software'
Salesforce Looks Beyond CRM, Bets Big On 'Digital Labor Revolution:' CEO Marc Benioff Predicts A $12 Trillion Market, Says It Is 'Much Bigger Than Software'
Feb 27, 2025
Salesforce Inc. ( CRM ) unveiled its plans to aim beyond customer relationship management (CRM), addressing the trillion-dollar potential in the “digital labor revolution,” during its earnings call. The company however reported a mixed quarter, missing sales expectations. What Happened: The “digital labor revolution” as referred to by Salesforce ( CRM ) CEO, Marc Russell Benioff during the company’s earnings...
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SEC Nets Record $8.2B in Enforcement Actions for 2024
SEC Nets Record $8.2B in Enforcement Actions for 2024
Nov 25, 2024
The U.S. Securities and Exchange Commission (SEC) has announced that it secured $8.2 billion in enforcement actions in 2024. This is the largest amount the commission has ever recovered, with significant contributions coming from the high-profile Terraform Labs case. Terraform Labs Leads SEC Recoveries According to a November 22 report, the SEC’s enforcement actions for 2024 included 583 cases, a...
Base Layer 2 Network Surpasses $10 Billion TVL, Hits 106.26 TPS
Base Layer 2 Network Surpasses $10 Billion TVL, Hits 106.26 TPS
Nov 25, 2024
Amid heightened activity across the crypto market, the Base network also experienced renewed momentum. Data from L2Beat revealed that Bases total value locked (TVL) surged by more than 5% over the last week, surpassing $10 billion for the first time, with Aerodome Finance leading the charge reflecting the meme coin trading dominance. Since Septembers brief decline below $6 billion, the...
Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake
Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake
Nov 25, 2024
Howard Lutnick, US President-elect Donald Trump’s pick for Commerce Secretary, aims to launch a $2 billion project to lend dollars to clients who supply Bitcoin as collateral, according to Bloomberg citing people familiar with the matter on Nov. 24. Funding for the program will start at $2 billion and is “expected to eventually reach into the tens of billions,” one...
$200 Billion From Crypto Markets as Bitcoin (BTC) Dumps Below $93K (Market Watch)
$200 Billion From Crypto Markets as Bitcoin (BTC) Dumps Below $93K (Market Watch)
Nov 26, 2024
Bitcoins price was stopped ahead of $100,000, and the subsequent rejection pushed it south hard, causing the asset to lose over six grand in hours. The altcoins have also turned red, with massive declines from the likes of Solana, Dogecoin, Cardano, Stellar, Polkadot, and many others. BTCs Substantial Correction The primary cryptocurrency experienced a mindblowing rally since Trump won the...
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