In September, the US economy added 254,000 jobs, which is a lot more than the 147,000 jobs that experts thought would be added. The unemployment […]
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India’s Foreign Exchange Reserves Jump by $12.588 Billion to Reach $704.885 Billion, Marking First Time Over $700 Billion
India’s foreign exchange reserves have jumped by $12.588 billion, reaching a new record of $704.885 billion for the week ending September 27, according to the […]
U.S. Banks Face $512.9 Billion in Unrealized Losses in Q2 2024 Amid Rising Challenges
In the second quarter of 2024, U.S. banks reported $512.9 billion in unrealized losses on investment securities, marking the 11th consecutive quarter of such losses, […]
Trump Media Shares Fall as Lock-Up Restrictions Near Expiration
Shares of Donald Trump’s media company, Trump Media & Technology Group $DJT, fell for a second consecutive session on Tuesday, continuing to slide ahead of […]
Rivian Lowers Production Forecast Due to Parts Shortage but Maintains Delivery Target
Rivian $RIVN has lowered its production forecast for the year to 47,000-49,000 vehicles, down from the earlier estimate. This change is due to a shortage […]
HSBC Predicts 27% Downside for Bajaj Housing Finance Amid Slowing Growth and Margin Pressure
Bajaj Housing Finance Ltd. is expected to drop by 27%, according to HSBC Global Research, which has started covering the stock with a ‘reduce’ rating. […]
Peter Thiel Sells $1 Billion of Palantir Stock
Billionaire Peter Thiel sold more than $1 billion in Palantir stock in late September and early October, according to SEC filings. He made these sales […]
EU Approves New Tariffs on Chinese Electric Cars
The European Union (EU) has taken a significant step by approving new tariffs on electric vehicles (EVs) imported from China. This decision, made on Friday, […]
U.S. Safety Agency Investigates 368,309 Ford Edge Vehicles for Brake Issues
The National Highway Traffic Safety Administration announced on Friday that it is looking into 368,309 Ford Edge vehicles in the U.S. because of a problem […]
Southwest Airlines Shares Surge as Rakesh Gangwal Invests $107 Million
Southwest Airlines Co. shares have been rising after Rakesh Gangwal, a Indian billionaire co-founder of InterGlobe Aviation Ltd. and a member of Southwest’s board, purchased […]
New HBO Documentary Claims to Uncover True Identity of Bitcoin Creator Satoshi Nakamoto
A new HBO documentary claims to have discovered the real identity of Bitcoin’s creator, known as Satoshi Nakamoto. If this information is widely accepted, it […]
Market Insights: Nomura on Yes Bank and Bajaj Finance; Jefferies on SBI Card; Morgan Stanley on Bajaj Finance; Citi on Bank of Baroda
Nomura on Yes Bank: Maintains a “Neutral” rating, Target price is set at ₹17. Pre-Q2 update shows strong deposit growth, mainly from CASA accounts. Expects […]