Coinbase’s strong earnings are being overshadowed by increasing competition as regulatory clarity boosts the crypto market. New players like Gemini and Bullish have gone public, while Kraken prepares to list. Despite its first-mover advantage and institutional trust, Coinbase faces pressure on its premium pricing and retail outlook. The company is actively acquiring to maintain its...Read More

Nvidia CEO Jensen Huang has sold over one billion dollars in company shares. This sale concludes a large pre-planned divestment. The chipmaker recently crossed a five trillion dollar market value milestone. This surge is driven by high demand for artificial intelligence processors. Several other company insiders have also profited significantly from the AI boom.Read More

Wall Street indexes closed higher, led by Amazon’s strong earnings forecast, but Fed rate cut hopes dimmed. Amazon shares surged, boosting the consumer discretionary sector. However, cautious Fed commentary and supply concerns for Apple tempered overall sentiment, despite strong earnings season performance.Read More

Federal Reserve officials revealed stark disagreements over the recent interest rate cut, with some presidents expressing discomfort and advocating for a pause. Governor Christopher Waller, however, pushed for further easing to support a weakening labor market. This internal division complicates Chair Jerome Powell’s efforts to build consensus as the Fed faces a crucial December meeting.Read More

Markets face a crucial November. The U.S. government shutdown impacts economic data. Central banks in the U.S., Europe, and Japan are making key decisions. The Bank of England’s meeting could bring significant market moves. Oil prices remain uncertain. Australia’s inflation data complicates interest rate outlooks. Investors watch for market shifts.Read More

Indian markets are watching a strong US stock rally. Investors are focused on upcoming company earnings and the US Federal Reserve’s interest rate decisions. The market is at high valuations, making earnings crucial for future gains. The first week of November is historically positive for stocks. AI investments are a key theme, with companies announcing...Read More

Indian sovereign bond yields eased on Friday. The Reserve Bank of India cancelled a 7-year bond auction. This action led to a nearly seven basis point drop in the benchmark 10-year sovereign bond yield. Traders believe the cancellation signals the central bank’s discomfort with higher yield bids. This development follows a period of rising yields...Read More

ACC reported a five-fold surge in its second-quarter net profit, driven by a significant tax write-back. The cement manufacturer also saw its highest-ever September quarter revenue and sales volume, anticipating further demand growth due to GST reductions and improved economic sentiment.Read More

A lenders’ consortium led by Canara Bank has successfully sold ₹520 crore of Karanja Terminal and Logistics (KTPL) debt to Prudent ARC through a Swiss challenge auction. This all-cash transaction recovered over 86% of the dues, significantly exceeding initial offers and the base price. The sale, however, is pending ongoing court proceedings initiated by KTPL’s...Read More

Sebi is pushing for broader banking and financial services indices, aiming to reduce the dominance of a few large banks. This move will cap individual stock weights at 20% and top three at 45%, potentially benefiting smaller and mid-sized banks. Investors and traders can expect shifts in portfolio rebalancing and new trading opportunities as the...Read More