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Sector Update: Tech
Sector Update: Tech
Nov 9, 2024
03:33 PM EST, 11/08/2024 (MT Newswires) -- Tech stocks were mixed late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) gaining 0.5%. The Philadelphia Semiconductor Index was shedding 1%. In corporate news, ASML ( ASML ) experienced a global IT outage on Friday affecting its facilities worldwide, Bloomberg reported....
Equities Rise Intraday as Consumer Sentiment Hits 6-Month High
Equities Rise Intraday as Consumer Sentiment Hits 6-Month High
Nov 9, 2024
02:24 PM EST, 11/08/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as a survey showed that consumer sentiment reached a six-month high in November. The Dow Jones Industrial Average was up 0.6% at 43,983.5 after midday Friday, while the S&P 500 rose 0.4% to 5,999.2. The Nasdaq Composite was up 0.1% at 19,283.9. Among sectors, utilities, real...
Oil Rig Count Holds Steady as Crude Prices Fall
Oil Rig Count Holds Steady as Crude Prices Fall
Nov 9, 2024
03:41 PM EST, 11/08/2024 (MT Newswires) -- The number of oil rigs in the US held steady in the week ended Friday, according to data compiled by energy services company Baker Hughes ( BKR ) . The counts for oil, gas, and miscellaneous rigs were unchanged at 479, 102, and four, respectively, on a weekly basis. The US had 494...
Sector Update: Financial
Sector Update: Financial
Nov 9, 2024
03:29 PM EST, 11/08/2024 (MT Newswires) -- Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index up 0.7% and the Financial Select Sector SPDR Fund (XLF) ahead 1.2%. The Philadelphia Housing Index was climbing 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) added 1.8%. Bitcoin (BTC-USD) was increasing 0.9% to $76,565, and the...
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Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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