Market News
Germany's 'toxic' net zero policy is wrecking economy, warns business chief - latest updates
Telegraph - 6 Feb 2024 11:16
A top German industry chief has despaired that Olaf Scholz's net zero policies are "absolutely toxic" in a stinging criticism of the chancellor's stewardship of Europe's largest economy.
College Financial Aid Applications Fall 57%
Wall Street Journal - 6 Feb 2024 10:00
Tech glitches and delays in the government's latest Fafsa rollout are making it hard for families to apply for aid.
Sonos shares rise 12% on earnings and revenue beat
CNBC - 7 Feb 2024 01:49
Sonos shares rose after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations.
E.l.f. Beauty blows past Wall Street's estimates, raises guidance for a third quarter in a row
CNBC - 7 Feb 2024 01:32
E.l.f. Beauty, the viral cosmetics brand beloved among Gen Z shoppers, saw another quarter of torrid growth and said it could still double its market share.
Snap plunges 30% on revenue miss and light guidance, as Middle East conflict creates 'headwind'
CNBC - 7 Feb 2024 01:31
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.
Chipotle earnings crush estimates as restaurant traffic grows 7.4%
CNBC - 7 Feb 2024 01:19
Chipotle blew past earnings estimates and topped revenue expectations as it said traffic grew 7.4%.
SEC Increases Oversight for Hedge Funds, High-Speed Traders
Wall Street Journal - 7 Feb 2024 00:44
Traders and funds have warned that the cost of new rules will lead them to pull back from key markets.
New York Community Bancorp Shares Continue Plunge After Ugly Earnings
Wall Street Journal - 6 Feb 2024 23:02
The lender is shoring up its balance sheet after buying Signature during the regional banking crisis and reported property losses.
Why family floater health plans aren't for the elderly
livemint.com - 6 Feb 2024 21:55
A family floater plan, as the name suggests, covers all family members dependent on the policyholder.
A legal perspective on Sebi's crackdown on Growpital
livemint.com - 6 Feb 2024 21:45
The Sebi order directed a freeze on their bank and demat accounts, effectively restraining further activities and safeguarding assets.
Health plans: Is it wise to opt for monthly payments?
livemint.com - 6 Feb 2024 21:14
Many youngsters are opting for monthly or quarterly premium payments, but risks abound
Why Eli Lilly Deserves to Unseat Tesla Among the Magnificent 7
Wall Street Journal - 6 Feb 2024 20:29
The pharmaceutical company's market cap has surpassed Tesla's, thanks to the rapid growth of its GLP-1 business.
UBS Can Be the Next Morgan Stanley, but a Lot of Things Have to Go Right
Wall Street Journal - 6 Feb 2024 19:19
To reach the same lofty valuation as its U.S. counterpart, the Swiss bank needs to juggle the integration of Credit Suisse with strong growth in wealth management.
Ageas Federal Life Insurance launches multicap fund in ULIP portfolio; details here
livemint.com - 6 Feb 2024 17:41
The recently launched multicap fund offers customers the opportunity for strong capital appreciation returns.
Eli Lilly results blow past estimates on strong Zepbound launch, surging Mounjaro revenue
CNBC - 6 Feb 2024 17:01
The quarterly results are the first to include sales of Eli Lilly's new weight loss drug Zepbound, which won FDA approval in early November.
Sovereign Gold Bonds 2023-24 Series IV to open on Feb 12; all you need to know about SGBs
livemint.com - 6 Feb 2024 15:54
Indians hold a unique and unexplained fondness for gold that goes beyond its market value. Opting for SGBs can provide a means to invest in gold without the complications of storing and securing physical gold assets.
5 banks charge lowest interest rates on personal loans; check full list here
livemint.com - 6 Feb 2024 15:23
Most lenders charge a lower rate from borrowers with a high credit score and a high interest rate from the ones who have a low credit score.
America's Biggest Bank Is Growing the Old-Fashioned Way: Branches
Wall Street Journal - 6 Feb 2024 14:30
Banking has gone digital, but JPMorgan is building bricks-and-mortar branches.
BP shares rise 5% after British oil giant announces plans to boost shareholder returns
CNBC - 6 Feb 2024 14:22
British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop in full-year profits aligned with lower oil prices.
LIC Index Plus policy: Life Insurance Corporation introduces a new insurance-cum-savings plan. Ten key things to know
livemint.com - 6 Feb 2024 13:25Compare your bank FD rates
livemint.com - 6 Feb 2024 12:53
Before choosing a fixed deposit, it's important to compare the interest rates on offer.
UBS beats earnings expectations, announces up to $1 billion share buyback
CNBC - 6 Feb 2024 12:20
Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.