Market News
Amazon set to report first-quarter earnings after the bell
CNBC - 30 Apr 2024 20:01
Wall Street expects Amazon to report 12% revenue growth, a modest acceleration from a year earlier.
Paramount's Hollywood Ending Won't Be Tidy
Wall Street Journal - 30 Apr 2024 17:00
The CEO's departure indicates a deal is near, but both potential suitors would bring fresh drama.
Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says
Wall Street Journal - 30 Apr 2024 04:28
Japan's top currency official said it was the government's job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect on the economy.
TD Bank Sets Aside $450 Million for Possible U.S. Anti-Money Laundering Penalties
Wall Street Journal - 1 May 2024 01:58
Canada's second-largest bank by market capitalization said the provision is related to talks with one U.S. regulator.
AMD says it will sell $4 billion in AI chips this year, stock drops on in-line forecast
CNBC - 1 May 2024 01:54
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.
Amazon's cloud margin widens on accelerating revenue growth
CNBC - 1 May 2024 01:53
Amazon's cloud unit is delivering the best operating margin at least since 2014.
Starbucks shares sink 10% as same-store sales fall, quarterly results miss
CNBC - 1 May 2024 01:48
Starbucks reported earnings after the bell. Here are the results.
Pinterest shares soar 18% on earnings beat, strong revenue growth
CNBC - 1 May 2024 01:09
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.
Founder of Binance, World's Largest Crypto Firm, Sentenced to Four Months
Wall Street Journal - 1 May 2024 00:49
Changpeng Zhao's sentence was lighter than prosecutors had requested and the culmination of a multiyear U.S. investigation into crypto exchange Binance.
GE Healthcare's disappointing first quarter offers both a lesson and an opportunity
CNBC - 30 Apr 2024 23:55
The first-quarter shortfall is disappointing, but the stock's steep sell-off is an overreaction.
We are hiking our price target on Eaton as demand for AI computing power heats up
CNBC - 30 Apr 2024 23:22
Results under the hood were a bit mixed, but the positives far outweighed the negatives.
Eli Lilly assures investors it can overcome the high-quality problem of too much demand
CNBC - 30 Apr 2024 21:52
The world's most valuable drugmaker hiked its full-year sales and profit guidance, despite missing lighter-than-expected first-quarter revenue.
Demat Account: CDSL or NSDL? How to decide between the two? Here's a 10-point guide
livemint.com - 30 Apr 2024 19:15
There are two major share depositories in India: NSDL (National Securities Depositories Limited) and CDSL (Central Depositories Services Limited).
Demat Account: What is automated trading and what are its benefits? MintGenie explains
livemint.com - 30 Apr 2024 18:06
Automated trading, also known as algorithmic trading or mechanical trading systems, involves using specialised software backed by algorithms to execute trades at high speed.
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
Wall Street Journal - 30 Apr 2024 18:00
The best course when stocks slide is for investors to stand pat, but "put" options are one way to hedge against a drop and lock in some profits.
Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices
CNBC - 30 Apr 2024 16:50
Shares of Coke have fallen 3.5% over the last year, dragging the company's market value down to $267 billion.
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
CNBC - 30 Apr 2024 16:45
Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.
Investors should take ownership of their investments
livemint.com - 30 Apr 2024 16:35
Investment is a complex activity, and finding the right investment solutions is even more challenging in current times.
Why is health insurance crucial for working women? Here are 4 key reasons
livemint.com - 30 Apr 2024 15:39
Women in India juggle work and family responsibilities while facing specific health challenges. Specialized health insurance is essential to address issues like stress, reproductive health, and cancer.
Former FTX Executive Pays $1.5 Million for Gold Watch Recovered From Titanic
Wall Street Journal - 30 Apr 2024 15:03
Former executive Patrick Gruhn bought the timepiece, which was found on the body of the Titanic's richest passenger, property magnate John Jacob Astor IV.
How Reit proceeds get taxed for NRIs?
livemint.com - 30 Apr 2024 14:42
It is true that TDS rates on interest and dividend income are different for a resident and a non-resident unitholder.
Dear Columbia Students, Divestment From Israel Won't Work
Wall Street Journal - 30 Apr 2024 14:14
Even if the university surrenders, it will be making a statement, not doing anything financially meaningful.