Market News
Oil Gains Amid Middle East Tensions
Wall Street Journal - 29 Oct 2024 02:45
Oil rose in early Asian trade, after falling recently as Israel steered clear of Iran's oil and nuclear facilities in attacks over the weekend.
Gold Edges Higher; May Remain Rangebound Ahead of Key Econ
Wall Street Journal - 29 Oct 2024 02:42
Gold edged higher in early Asian trade. Prices could trade within a narrow range before the release of key U.S. economic data, XS.com said.
We upgraded Stanley Black & Decker stock despite the post-earnings selling
CNBC - 29 Oct 2024 19:57
While the numbers were disappointing, the company's turnaround continues to plan.
AMD shares fall as forecast fails to impress despite strong AI growth
CNBC - 29 Oct 2024 23:32
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.
Visa to Lay Off Around 1,400 Employees and Contractors
Wall Street Journal - 29 Oct 2024 22:40
Roughly 1,000 of the cuts are expected to eliminate technology positions, while most of the rest will focus on merchant sales and global digital partnerships roles.
Snap shares jump 10% on profit beat, stock buyback
CNBC - 29 Oct 2024 22:39
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.
Reddit shares soar 22% on earnings beat and better-than-expected forecast
CNBC - 29 Oct 2024 22:30
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.
Chipotle Mexican Grill is about to report earnings. Here's what to expect
CNBC - 29 Oct 2024 21:52
Unlike many of its restaurant peers, Chipotle has seen traffic to its restaurants grow in recent quarters.
Tariff War With China May Be Good News for Brazil's Crops
Wall Street Journal - 29 Oct 2024 20:56
A Trump election win may lead to new tariffs on China, potentially causing U.S. farmers to lose billions of dollars as trade gets redirected to competing nations such as Brazil.
The Best Way to Start Investing in Commodities, According to the Pros
Wall Street Journal - 29 Oct 2024 16:00
Market professionals say a small allocation can provide diversification and a hedge against uncertainty.
Want to start a new FD this Diwali? These 4 banks offer up to 7.9% interest on fixed deposits; check list
livemint.com - 29 Oct 2024 15:59U.S. Natural Gas Futures Lose More Ground
Wall Street Journal - 29 Oct 2024 15:30
U.S. natural gas futures added to yesterday's losses with forecasts for a mild start to the winter heating season and higher production.
What to know about the new way Microsoft will report cloud numbers Wednesday
CNBC - 29 Oct 2024 15:18
Some on Wall Street are upbeat about the move. Others are not.
These 9 Gold ETFs delivered nearly 27% return since last Diwali; check details
livemint.com - 29 Oct 2024 14:05My father is comatose. Can I use the power of attorney granted by him now?
livemint.com - 29 Oct 2024 13:32
There is no duration or validity/time period specified in the power of attorney. Would it be legal for me to undertake transactions on his behalf now to provide for his medical treatment?
PayPal beats on earnings but misses on revenue
CNBC - 29 Oct 2024 13:00
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
CNBC - 29 Oct 2024 12:55
It is a critical quarterly report for Pfizer, which is grappling with a proxy battle waged by the activist investor Starboard Value.
Dhanteras 2024: Physical or digital gold - What should you choose this festive season?
livemint.com - 29 Oct 2024 12:16
Dhanteras 2024: Investment in digital gold entails gold mutual funds and gold ETFs. Physical gold is seen as poor investment by some wealth advisors on account of high making charges and 3 percent GST.
The multi-cap funds frenzy: How do these stack against flexi caps?
livemint.com - 29 Oct 2024 11:57
Multi-cap funds require a 25% investment in large, mid, and small-cap stocks, attracting investors seeking diversification. These funds are gaining popularity amid favourable market valuations, appealing to those balanci...
Deficit Threat Drives Bond Yields Higher
Wall Street Journal - 29 Oct 2024 11:30
Investors are betting that a challenging fiscal situation will only get worse after the election.
Dhanteras: Why buying gold coins for investment is not a good idea
livemint.com - 29 Oct 2024 11:15Why this rural India-focused RIA wants to build an account aggregator platform
livemint.com - 29 Oct 2024 10:45
Starting his journey as an investment advisor to farmers in rural Maharashtra, Sawant now wants to build a platform that gives users one-stop access to all financial data