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Market News

Location American Market News for 30 October 2024
Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.
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Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.
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EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.
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We're upgrading our rating on the drugmaker to a buy-equivalent 1.
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While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher.
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Microsoft's results will give Wall Street the latest indication of how much the company is investing in data center infrastructure.
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U.S. Crude Oil Inventories Post Moderate Decline

Wall Street Journal - 30 Oct 2024 17:07
Oil stockpiles decreased last week as production held steady and imports fell. Analysts had predicted an increase.
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Sales of newly built homes have been on a tear. But builders are likely to soon face stiffer competition for buyers.
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Planning to exchange old jewellery for new? Know the income tax rules Finance Minister Nirmala Sitharaman in Budget 2024 amended the rules relating to capital gains. Under the new rules, any non-financial asset, when sold after more than two years of purchase, draws capital gains tax at th...
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Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.
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Received an expensive gift this Diwali? You may be liable to pay income tax on it--check details Gifts received on the occasion of Diwali fall under the purview of income tax. If the value of gifts surpasses ₹50,000, it is taxable. The gifts include cash, gold and shares, among others. However, gifts given to rela...
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Electric Air Taxis Are Already Coming in for a Hard Landing

Wall Street Journal - 30 Oct 2024 12:30
German startup Lilium is the first listed eVTOL maker to be at risk of collapse, but it may not be the last.
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What are the key factors that affect personal loan interest rates? Personal Loan: The Reserve Bank of India's report shows a decline in household savings and an increase in personal loans. While these loans offer convenience, they often come with high interest rates. A good credit score...
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The state has temporarily fixed the problem by using emergency powers related to recent hurricanes.
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Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.
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Credit card tokenisation: What it is and how does it work? Credit card tokenisation replaces the 16-digit card number with a unique token. It aims to improve transaction security by replacing personal details with token.
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Credit card budgeting: How can you create a budget for your overall spending? Credit card users are expected to examine their past statements over past few months to identify spending categories and amounts. They should make sure that their credit card bill does not surpass 30 percent of overall c...
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World Savings Day: A reality check on household savings India's shrinking household savings signal a troubling reliance on easy credit and rising debt, underscoring the urgent need for financial literacy and disciplined investing.
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IndiGo's BluChip Loyalty Program: What is it and how can credit cards help you maximise benefits? Credit cards: IndiGo has launched the BluChip program that allows members to earn and burn Bluchips on IndiGo flights. The program has three tiers based on the amount spent and flights taken in a year.
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How a Delhi-based businessman went gung-ho on mutual funds in his 50s A chance meeting with a financial professional at a get-together influenced Arvinder Singh deeply. He decided to test the waters when he was just turning 50.
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Virtual credit card: From benefits to uses; all you need to know Credit Cards: Virtual cards aim to provide secure and convenient payment solution, minimizing fraud risks compared to physical cards.
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The Budget 2024 live: Reeves urged to 'boost confidence' as growth stalls Chancellor to hand military nearly £3bn in Budget boost Reeves hands young workers £2,500 pay rise despite warnings from business The tax raids looming in Rachel Reeves's Budget today How to Labour-proof your finances ...
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