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Location American Market News for 27 February 2024
The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.
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Nasdaq Approaches Its Record High

Wall Street Journal - 28 Feb 2024 01:37
Bitcoin prices surged above $57,000.
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For the full year 2024, the company expects an adjusted profit of about $635 million, or $1.23 per share.
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Incremental equity investments: options for those sitting on the fence For fresh inflows, investors may be in a dilemma due to the prevailing valuation levels.
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Stay invested, avoid timing the market: Deepak Shenoy Founder and CEO of Capitalmind reveals his strategies for the best returns from investments.
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Woman loses ₹48K while trying to buy eggs for ₹49. Here are 4 crucial tips to avoid such frauds When there is a steep discount offered on an item, it should set the alarm bells ringing. These offers are too good to be true and are nothing more than a honey trap to steal your financial data.
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The 166-year-old department store operator got a new CEO earlier this month.
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Lowe's beat lower expectations for its fourth quarter, and said it expects sales to fall again in its current fiscal year.
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Senior Citizen Savings Scheme mop-up spikes over two times, says report The maximum deposit limit for Senior Citizen Savings Scheme has been enhanced to ₹30 lakh from ₹15 lakh and it has been made effective from April 1, 2023.
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Will Zoom Ever Soar Again?

Wall Street Journal - 27 Feb 2024 15:00
Latest results helped by low expectations and a stock buyback, though growth remains sluggish.
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SEBI directs asset managers to disclose more risks about small, mid-cap funds Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff.
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BlackRock, Fidelity and other Wall Street firms have applied to launch ether ETFs.
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NPS scheme: Why National Pension System does not invest in mid-cap and small-cap companies National Pension System: Currently, there are ten pension fund managers in the country, comprising seven private companies and three government-owned entities
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Russia bans petrol exports as fuel runs short for drivers - latest updates Russia has announced a six month ban on exports of petrol as Vladimir Putin's regime races to meet domestic demand for drivers and farmers.
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Income-Tax Department implements e-verification to address ITR 'mismatches'. Here's what to do The Income-Tax Department said it has identified discrepancies in the information received from third parties regarding interest and dividend income when compared to taxpayers' ITR. Notably, some taxpayers have not filed...
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5 key investing lessons from Tom Steyer that underlines his success at Farallon Capital Tom Steyer's stint at Farallon Capital proved remarkable. Through his leadership and investment strategies, the firm garnered substantial returns, solidifying its prominence in the hedge fund industry.
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Why We Risk a Cartoon Version of Capitalism

Wall Street Journal - 27 Feb 2024 08:00
Private-sector investors are so ineffective at overseeing companies that state-run funds feel the need to step in..
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9 key investing lessons you can learn from the great Shelby Davis Shelby Davis staunchly adhered to the principles of value investing, a strategy centred around acquiring stocks trading below their intrinsic value. He was convinced that this methodology not only enabled him to withstan...
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Risk tolerance is the emotional tolerance to risk, says Vivek Banka of GoalTeller One should be careful while planning for financial independence and keep sufficient cushion and liquidity in non-volatile asset classes like fixed deposits and liquid funds.
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Unity shares sink on weak guidance

CNBC - 27 Feb 2024 03:44
Unity shares sink more than 15% after missing first-quarter forecast.
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