Market News
Google Regains AI Initiative by Playing to Its Strengths
Wall Street Journal - 15 May 2024 14:00
Adding generative AI to search and Android shows the tech giant's distribution muscle while lessening risk to key businesses.
Vanguard Names Former BlackRock Executive as CEO
Wall Street Journal - 15 May 2024 03:23
Salim Ramji led BlackRock's ETF business and left in January.
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
CNBC - 16 May 2024 01:48
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.
Aflac Is Buying a Stake in a Direct Lender, Getting a Piece of the Private Credit Boom
Wall Street Journal - 16 May 2024 00:30
The insurance giant is paying about $250 million to acquire a 40% stake in Tree Line Partners.
Stock Indexes Book Records After Inflation Eases
Wall Street Journal - 16 May 2024 00:19
The three leading U.S. indexes all finish day at all-time highs.
Why It Pays to Be a Double Major in College
Wall Street Journal - 15 May 2024 19:00
A study finds that people who have two majors have more stable earnings.
Sullivan & Cromwell Taps Silicon Valley Dealmakers
Wall Street Journal - 15 May 2024 17:00
Mike Ringler and Peter Jones are joining the law firm as partners in Palo Alto, Calif.
Retirees Drain Savings Faster to Cope With Inflation
Wall Street Journal - 15 May 2024 17:00
Rising prices require bigger withdrawals from retirement savings.
EPF claims: Provident fund body rejigs multi-location claim settlement arrangement; details here
livemint.com - 15 May 2024 16:54
The EPFO has come out with an arrangement wherein 19 regional offices are linked to 36 collaborating regional offices in order to expedite the claim settlement process.
AI Is Electrifying These Power Producers' Shares
Wall Street Journal - 15 May 2024 15:00
The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.
Kangana Ranaut's ₹91 crore assets: Wealth advisors call her 'queen' of assets, but cash flow poor
livemint.com - 15 May 2024 14:53
Kangana Ranaut's assets entail 50 insurance policies issued by the Life Insurance Corporation (LIC), gold weighing 6.7 kg amounting to ₹5 crore, silver weighing 60 kg amounting to ₹50 lakh and diamonds amounting to �...
Why regulatory restraints are not enough to contain retail trading in F&O
livemint.com - 15 May 2024 14:10
The number of individual traders in the derivative segment has surged from 710,000 in 2018-19 to 4.52 million in 2021-22 and 9.57 million in 2022-23
Palo Alto nears a key test that could break it out of Wall Street's penalty box
CNBC - 15 May 2024 14:00
In separate research notes, Barclays and Morgan Stanley shared three reasons that a rebound is underway for Palo Alto.
Summer Reading List: 5 financial books to kickstart your wealth journey
livemint.com - 15 May 2024 13:49
Books like 'The Money Book for the Young, Fabulous & Broke,' 'Let's Talk Money,' and 'The Intelligent Investor' offer practical insights on managing money, investing, and building wealth for young adults.
Is Roaring Kitty the Internet's Warren Buffett?
Wall Street Journal - 15 May 2024 13:00
GameStop's ludicrously high valuations before this week's rally suggests that online subcultures might have a permanent influence on the market.
How can global health insurance improve your travel experience?
livemint.com - 15 May 2024 12:57
Medical tourism is on the rise globally, with individuals seeking top healthcare treatments worldwide. Global health insurance plays a crucial role in ensuring a seamless healthcare journey, addressing financial challeng...
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year
Wall Street Journal - 15 May 2024 12:12
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's largest economies, partic...
Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?
livemint.com - 15 May 2024 11:49
Investing in mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index offers exposure to specific sectors. Nifty Bank Index includes liquid Indian banking stocks, while Nifty PSU Bank Index focuses on public secto...
SBI FD rate hike: State Bank of India raises fixed deposit interest rates on these tenors. Check latest FD rates here
livemint.com - 15 May 2024 11:42
SBI FD rate hike: SBI raises fixed deposit interest rates for select tenures on retail deposits up to ₹2 crore effective May 15, 2024, by 25-75 bps.
Global stocks hit record high amid interest rate cut hopes
Telegraph - 15 May 2024 11:15
Global stock have risen to a record high amid hopes that the US is on track to start cutting interest rates later this year.
How to use popular saving instruments to generate regular income for retirees?
livemint.com - 15 May 2024 10:51
SCSS, POMIS, and FRSBs are low-risk options for seniors seeking regular income. SCSS offers 8.2%, POMIS 7.4%, and FRSBs 8.05% interest annually. Combining investments in all three can yield a monthly income of approximat...
Income Tax: Filing ITR early this time? It is vital to know these 5 key points
livemint.com - 15 May 2024 09:25
Income tax return filing deadline of July 31 is exactly 75 days from now. The tax department has already released the requisite forms. You can check the form that is applicable in your case, and you can then start the pr...