Promoters are continuing to take advantage of the strong stock market rally, selling shares worth over ₹40,000 crore through open market transactions in the September […]
Tag: Market Trends
Grains Fall to Lowest Level Against Other Commodities in More Than 14 Years
Grain prices have recently fallen to their lowest level compared to other commodities in more than 14 years. This decline is largely driven by favorable […]
Tesla China Reports Strong Q3 Growth Despite Slight Dip in Weekly Registrations
Tesla continues to demonstrate strong performance in China, despite a slight dip in weekly insurance registrations. Last week, Tesla reported 14,200 insurance registrations in China, […]
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 […]
Leading Economic Index Declines Further, Signaling Potential Recession Ahead
The Conference Board’s Leading Economic Index (LEI) dropped by 0.6% in the past month, which was a larger decline than the expected 0.4%. This index […]
Insights into Ola Electric’s IPO: Pricing, Market Context, and Investor Positions
Ola Electric’s upcoming initial public offering (IPO) plans to issue new shares to raise $660 million. Existing investors, including founder Bhavish Aggarwal, will sell approximately […]
Record High in New Home Supply Amidst Historic Low Mortgage Demand
Inventory of Completed Homes: Currently, home builders have 102,000 completed but unsold homes available on the market. This is the highest number since 2009, as […]
MicroStrategy Surpasses BlackRock: Acquires $822 Million Worth of Bitcoin, Boosting Holdings to 205,000 Amidst Record-Setting Prices
In response to Bitcoin’s escalating value, MicroStrategy allocates approximately $822 million for the acquisition of an additional 12,000 bitcoins. These purchases occur between Feb. 26 […]
Market Turbulence: The Dow Jones and Volatility Index $VIX Amidst Inflation Data Expectations
Volatility index, $VIX, experienced a significant surge of 23% this week. This marks the largest weekly jump since September 2023, showcasing heightened market volatility. Additionally, […]
Wells Fargo Downgrades Tesla to ‘Underweight’, Slashes Price Target to $125
Wells Fargo has downgraded Tesla to ‘Underweight’ and reduced the price target to $125, down from $200. Wells Fargo analyst Colin Langan said Tesla is […]
ESG Fund Managers Raise Alarms on Nvidia: Evaluating Concerns Amidst Potential Stock Bubble
ESG fund managers, who previously benefited from Nvidia Corp (NVDA), are worried that there might be a bubble in the company’s stock. Bloomberg reports a […]
Worries Mount as Warren Buffett’s Berkshire Hathaway Sells 10 Million Apple Shares, Sparking Concerns for Tech Giant’s Future
Berkshire Hathaway, led by Warren Buffett, reportedly offloaded 10 million Apple Inc. shares in Q4, sparking investor concerns amid AAPL’s 11.6% YTD decline. In contrast, […]