SEBI Considers Stricter Derivative Trading Rules to Manage Explosive Growth in Options Trading
India's markets regulator, SEBI, is considering a series of adjustments to its derivative trading rules to manage risks from the...
Stock In News
Berkshire Hathaway Reduces Stake in BYD with $39.8 Million Share Sale
Berkshire Hathaway, owned by Warren Buffett, sold 1.3 million Hong Kong-listed shares of BYD, an electric vehicle manufacturer, for HK$310.5...
Tesla Soars 7% in Pre-Market on Elon Musk’s Pay Package Approval
Tesla's stock saw a significant 7% surge during premarket trading in New York on Thursday, driven by shareholders' approval of...
Apple Partners with OpenAI to Integrate ChatGPT into Devices, Exploring Future AI Enhancements
Apple has announced a collaboration with OpenAI to integrate ChatGPT into iPhones, iPads, and Macs. This partnership involves no cash...
Federal Reserve Holds Rates Steady, Signals Only One Rate Cut in 2024 Amid Slower Inflation Decline
1. Interest Rate Decision: - The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for...
Tesla Accused of Unauthorized Electrical Work in Sweden
Background:- The Swedish Electricians' Union has reported Tesla to the police for allegedly conducting electrical installation work without the necessary...
GameStop Shares Up 2.5% Premarket After Citron Research Says It Is No Longer Short on the Company
1. Citron Research's Position Change: - Citron Research announced it is no longer short on GameStop ($GME). - This decision...
May U.S. Inflation Data Falls Short of Estimates
May U.S. Inflation Data:- CPI: 3.3% YoY (Estimate: 3.4%)- CPI: 0.0% MoM (Estimate: 0.1%)- Core CPI: 3.4% YoY (Estimate: 3.5%)-...
Morgan Stanley Reiterates Tesla’s Overweight Rating with $310 Price Target, Highlights Potential in Edge Computing and AI Integration
Morgan Stanley Reiterates Overweight Rating for Tesla with $310 Price Target:Â Â - Analyst comments emphasize the convergence of automotive and...
Tesla’s Upcoming Annual Shareholder Meeting: Key Scenarios for Elon Musk Increasing His Ownership
Jefferies recently hosted a discussion focusing on Tesla's upcoming annual shareholder meeting and the potential for CEO Elon Musk to...
Major Firms’ Reactions to Apple’s WWDC 2024 Event
Here are the reactions from major firms following Apple's WWDC 2024 event:- Wells Fargo: Believes that Apple Intelligence could stimulate...
RBI Maintains Key Interest Rates at 6.50% and Provides Economic Outlook
The Reserve Bank of India (RBI) has kept interest rates unchanged:- Actual: 6.50%- Expected: 6.50%- Previous: 6.50%In addition, the RBI...