Social media platform X experienced widespread outages late on Tuesday, with thousands of users across the United States, Canada, and the United Kingdom reporting issues. […]
Category: Short News
India’s Services Sector Grows at Fastest Pace in Five Months in August
India’s services sector expanded at its quickest pace in five months in August, driven by strong demand and easing inflationary pressures, according to a survey. […]
NVIDIA Q2 Earnings: Revenue and EPS Beat Estimates, Announces $50 Billion Stock Buyback
NVIDIA just released its earnings report: – Q2 revenue came in at $30.04 billion, surpassing the estimate of $28.9 billion.– Q2 adjusted EPS was $0.68, […]
Stock Index Futures Rise Ahead of Fed Chair Powell’s Jackson Hole Speech
Stock index futures are up ahead of Federal Reserve Chair Powell’s speech at the Kansas City Federal Reserve’s Jackson Hole Economic Symposium, scheduled for 9:00 […]
India Approves $17.3 Billion Defense Acquisitions, Emphasizing Domestic Sourcing
India’s Defence Acquisition Council approved 10 proposals on Tuesday, amounting to a total of 1.45 trillion rupees ($17.3 billion) for the purchase of military assets. […]
SEBI Bans Rana Sugars and Officials for 2 Years, Imposes ₹63 Crore Fine for Fund Manipulation
Market regulator SEBI banned Rana Sugars, its promoters, and officials from the securities market for 2 years on Tuesday. Additionally, they imposed a fine of […]
Concerns Over Transparency and Valuation Surge in Premier Energies’ IPO
Premier Energies’ promoters and selling shareholders have sold 1,92,96,249 shares, which make up 30.68% of the total IPO size of 6,28,97,778 shares and 23.48% of […]
Huawei Sets Event to Rival Apple’s iPhone 16 Launch
Huawei is gearing up to challenge Apple directly in China’s premium market with a major product launch scheduled for September 10, just hours after Apple […]
Supreme Court Seeks Sahara Group’s Response on ₹10,000 Crore Non-Deposit
The Supreme Court has issued a notice to the Sahara Group, asking them to explain why they haven’t deposited ₹10,000 crore with SEBI, as per […]
Market Concentration Reaches Dot-Com Bubble Levels as Tech, Telecom, and Healthcare Dominate Global Stocks
Market concentration in global stocks has now reached levels reminiscent of the 2000 Dot-Com bubble. As of July 2024, the technology, telecom, and healthcare sectors […]
Inflation-Adjusted Home Prices Reach Near Record Highs
Inflation-adjusted home prices in the United States are now nearly 100% higher than the long-term 130-year average, according to data from Reventure. This marks one […]
Tesla to Launch Six-Seat Model Y in China by Late 2025 Amid Growing Competition
Tesla is planning to introduce a six-seat version of its popular Model Y electric vehicle in China by late 2025, according to Reuters sources familiar […]