Market News
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
CNBC - 7 Aug 2024 01:37
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations.
Rivian tops Wall Street's second-quarter expectations amid cost cuts
CNBC - 7 Aug 2024 00:33
Rivian beat Wall Street's top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take costs out of its business.
Stocks Claw Back Losses After Global Selloff
Wall Street Journal - 6 Aug 2024 20:44
The Dow, S&P 500 and Nasdaq advanced after the Nikkei jumped 10%.
These fund houses show courage to launch NFOs while market is going bonkers; should you invest?
livemint.com - 6 Aug 2024 18:20
Amid market volatility, which saw the Nifty50 plunge 3 per cent in one trading session, a number of mutual fund houses have lined up their new fund offers or NFOs.
Why Everyone Needs a 'Digital Death-Cleaning' Plan
Wall Street Journal - 6 Aug 2024 18:00
Nobody wants to leave heirs a confusing collection of files they can't open, accounts they can't access and assets they can't locate.
Google and Apple Can Afford to Play Long Game After Antitrust Ruling
Wall Street Journal - 6 Aug 2024 17:58
The y have a strong common cause to protect the billions of dollars Google pays Apple every year to keep its search engine on the iPhone, though the arrangement is looking a little more dicey.
Yum Brands reports mixed results as Pizza Hut and KFC same-store sales fall
CNBC - 6 Aug 2024 17:41
The restaurant company owns Taco Bell, KFC and Pizza Hut.
Uber reports better-than-expected earnings and revenue for second quarter
CNBC - 6 Aug 2024 17:31
Uber reported earnings and revenue that topped estimates for its second quarter.
Japanese Yen rises to 7-month high: What does it mean for Indians travelling to Japan?
livemint.com - 6 Aug 2024 15:58
In the past one month, Japanese Yen has risen by 10.84 percent against the US dollar. Japanese Yen traded at 0.0068962 USD (1 JPY) on Tuesday.
How a strategically diversified portfolio can help you navigate market storms
livemint.com - 6 Aug 2024 13:46
Diversification extends beyond asset classes; it also encompasses geographic diversification
Should you trade in your employer's stock? A cautionary tale of insider trading risks
livemint.com - 6 Aug 2024 13:13
Delve into the complex world of insider trading and discover how to stay on the right side of the law. Know the rules, avoid the risks.
Budget 2024: How will the increased NPS tax deduction impact your retirement savings?
livemint.com - 6 Aug 2024 12:14
The Budget 2024 has increased the tax deduction limit on employer NPS contributions from 10% to 14%, aligning private sector employees with government counterparts, and introduced the NPS Vatsalya scheme for saving for c...
Oil giant Saudi Aramco's second-quarter profit dips 3% on lower crude production volumes
CNBC - 6 Aug 2024 11:24
Saudi Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3% from the same period last year as production volumes remained low.
Stocks surge as traders pile on pressure for rate cuts amid recession fears
Telegraph - 6 Aug 2024 10:22
Asian stock markets bounced back from the brutal sell-off of the last two trading days as plunging bond yields ramp up pressure for interest rate cuts.
HDFC Bank announces new reward points limits for credit cards from September 1st. Details here
livemint.com - 6 Aug 2024 10:13
HDFC Bank has announced changes to its credit card rewards program effective 1st September 2024. The reward points for utility transactions will be capped at 2,000 per calendar month. Education payments through third-par...
China Evergrande Aims to Recover $6 Billion From Executives, Others
Wall Street Journal - 6 Aug 2024 08:55
The heavily indebted Chinese developer said it is seeking to claw back the money from seven individuals, including founder Hui Ka Yan, his ex-wife, a former chief executive and a former chief financial officer.
What to Do With Your Money if You're Worried About the Market
Wall Street Journal - 6 Aug 2024 02:49
The standard advice is to do nothing, but there are some exceptions.