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The ​S&P 500 ​and the ​Nasdaq were muted at the open on Thursday, ‌as ⁠Nvidia’s stellar ⁠earnings garnered ​a tepid reception, while broader ​technology stocks lost ground as investors assessed ​risks to ⁠the ‌AI trade.
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The number of Americans filing new applications for jobless benefits increased marginally last week ​and the unemployment rate appeared ​to hold steady in February amid a stable labor market.
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NSE’s managing director and CEO Ashishkumar Chauhan on Thursday made a case for ‘minimum qualifying criteria’ for those participating in derivatives trading to prevent people from lower strata of society from wasting their money on speculation.
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Sebi has directed all regulated entities and their agents to display registered names and registration numbers on social media platforms. The move aims to enhance transparency, curb misleading content and help investors distinguish between regulated intermediaries and unregistered market participants online.
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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.
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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”.
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Berkshire Hathaway’s new Chief Executive Greg Abel faces numerous ​challenges as the successor to famed billionaire Warren Buffett.
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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.
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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.
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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.
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