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Market News

Location American Market News for 8 May 2024
Demat Account: What is electronic voting and how does it work? MintGenie explains Electronic voting allows shareholders to cast votes electronically, increasing convenience and reducing costs. Shareholders receive notification of proposed resolutions and can cast their votes through their demat accoun...
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Uber beats expectations for revenue but falls short of estimates for gross bookings.
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Another quarter of great results from the casino operator, including beats for every property and upbeat guidance.
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HD Hyundai Marine Solution Makes Strong Debut in South Korea

Wall Street Journal - 8 May 2024 04:35
Shares of the ship-repair unit of shipbuilding giant HD Hyundai surged in their trading debut in South Korea's biggest initial public offering in more than two years.
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Dow Extends Latest Run of Gains

Wall Street Journal - 9 May 2024 00:37
The blue-chip index rises for sixth straight day, while the Nasdaq dips.
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Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.
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Airbnb reported first-quarter results on Wednesday that beat analysts' estimates.
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Low-income consumers visited less frequently and spent more carefully when they did eat out in the first quarter, Dine Brands CEO John Peyton said.
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Lenders Are Seeing a Bottom for Consumers

Wall Street Journal - 8 May 2024 22:11
Anticipated return to normal for credit trends may bode well for spending.
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Spain's Banco Bilbao Vizcaya Argentaria got the cold shoulder in its attempt to revive a merger with smaller rival Banco de Sabadell. While some analysts still think a deal is possible, a friendly approach seems to have ...
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How to prevent impact of frauds on your CIBIL score? Here are 5 steps It is recommended to reach out to the financial institution associated with the fraudulent charges. Besides, you should file a formal complaint against the fraud, dispute the said charges and do a regular follow-up until...
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Does a high CIBIL score guarantee loan approval? MintGenie answers While a high CIBIL score indicates that you have a good credit history and are likely to repay your loans on time, banks consider other factors as well such as your income, current loan obligations, among other factors.
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Assets in leveraged single-stock ETFs have doubled this year.
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The San Francisco lender is focused on expanding its relatively small investment bank.
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Sebi tells investment advisors to share details of all their social media handles every six months. Details here Investment advisors are now meant to submit periodic report for half yearly periods ending on September 30 and March 31 of every financial year. These reports will also include details of their social media handles such ...
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How Prateek Agrawal is restoring Motilal Oswal AMC's lost glory Agrawal is mixing a new set of ideas into Motilal AMC's core way of functioning
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Will Tesla's EV Charging Slowdown Supercharge Competitors?

Wall Street Journal - 8 May 2024 15:00
Tesla's decision to step back from EV charging opens up space for competitors. It isn't clear that they can fill the gap.
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Demat Account: How to check transaction history? Here's a step-by-step guide The Consolidated Account Summary (CAS) provides comprehensive information on transactions and investments in a demat account. Access CAS on CDSL or NSDL platforms with specific steps.
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Demat Account: A beginner in stock market? Here are 7 resources you can use to educate yourself Brokerage firms typically offer online tutorials and courses covering various aspects of investing, trading strategies, technical analysis, fundamental analysis, risk management, and market trends. These resources cater ...
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EPFO: Increase in gratuity on account of hike in DA put in abeyance with immediate effect Union Cabinet had raised dearness allowance and dearness relief to central government employees and pensioners from 46 percent to 50 percent of the basic pay or pension. Following this, gratuity cap rose by 25 percent fr...
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How companies can help their employees save ₹1 lakh in taxes Many companies allow the flexibility of making changes in the CTC offered to employees at the beginning of the financial year. If any company wants to give employees this option, they can restructure their salary by choo...
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Tax efficiency 101: How to maximise income tax benefits on home loans Income tax benefits on home loans: Tax deduction for first-time buyers, benefits for women borrowers -- how do we use these tax deductions to the fullest? Read all about it here.
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