Warner Bros Discovery, at the center of a high-stakes bidding war, reported a 6% drop in quarterly revenue, hurt by declines for its traditional TV and film businesses though its HBO Max streaming service gained subscribers with buzzy series like “Heated Rivalry”.Read More
Indian government bonds ended lower on Thursday after a choppy session, as traders looked ahead to the penultimate debt auction of the current financial year and the first GDP growth data under a new series.Read More
John Bogle’s philosophy advocates for owning the entire market through index funds rather than attempting to pick individual winning stocks. This approach mitigates the difficulty of stock picking, reduces company-specific risk through diversification, and combats the silent wealth destroyer of high costs. It offers a behavioral advantage, promoting patience and discipline for long-term wealth creation.Read More
U.S. stock index futures were flat on Thursday as Nvidia’s stellar earnings garnered a tepid reception from investors and downbeat results from software company Salesforce weighed on sentiment.Read More
Working groups constituted by Sebi to review the delivery and settlement framework and existing regulatory norms in the agricultural commodity derivatives segment have submitted their reports to Chairman Tuhin Kanta Pandey, the regulator said on Thursday.Read More
India Inc.’s earnings are poised for a turnaround. Q4 results are anticipated to show upgrades, a shift from recent downgrades. The pace of downgrades has slowed, signaling positive momentum. While IT faces challenges from AI, sectors like banks, pharma, and metals are favored. Metals are entering a strong bull phase.Read More
India’s benchmark indices ended flat amid selling in financial stocks. Individual stocks were active, with XTglobal, Tejas Networks and Sanofi Consumer rallying, Angel One adjusting for stock split, and Home First declining.Read More
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