Market News
We're lifting our price target on off-price retailer TJX after another strong quarter
CNBC - 26 Feb 2025 21:25
The stock climbed more than 3%, to over $126 a share.
Investment word of the day: Absolute return
livemint.com - 26 Feb 2025 17:20
Investment word of the day: Absolute return measures the actual profit or loss of an investment without comparing it to benchmarks. It is crucial for investors seeking consistent growth and capital preservation, especial...
TJ Maxx parent company posts strong holiday quarter, but issues weaker-than-expected guidance
CNBC - 26 Feb 2025 16:56
The company behind T.J. Maxx, Marshall's and HomeGoods has seen growth start to slow down, but it's one of the few retailers that could benefit from tariffs.
Amid market volatility, should you invest in value mutual funds? An explainer
livemint.com - 26 Feb 2025 16:31
Value mutual funds refer to the type of mutual fund which invest in stocks that are undervalued by the market. These have the potential to grow in future years but are hidden gems.
Small-cap funds face a higher liquidity risk, show latest stress test
livemint.com - 26 Feb 2025 16:11
Several small-cap mutual funds with large assets under management will likely need more days than usual to liquidate their portfolio, pointing to higher risk in such investments..Some experts, however, downplay the liqui...
Spring Break Travel Costs Reach Record Levels in 2025
livemint.com - 26 Feb 2025 14:21
The average trip now costs more than $8,000--double what you would have paid in 2019.
Lowe's beats Wall Street expectations as it starts to break out of sales slump
CNBC - 26 Feb 2025 13:50
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.
New universal pension scheme in the works--What it means for Indians
livemint.com - 26 Feb 2025 13:15
The government is working on a proposal to roll out a universal pension scheme for everyone. This will not phase out or replace the current NPS (National Pension System), which is open to both government and corporate em...
The new apps to view all your demat holdings in one place have teething problems
livemint.com - 26 Feb 2025 12:13
Investors using NSDL and CDSL's new apps to view their demat holdings face frustrating performance issues, including slow loading times and access difficulties. Despite their potential convenience for millions, these app...
Shares of world's largest brewer AB InBev pop 8% after posting fourth-quarter revenue beat even as volumes slide
CNBC - 26 Feb 2025 12:05
The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion.
How credit scores can make or break your chances of securing a loan
livemint.com - 26 Feb 2025 11:30
Your credit score is key factor in taking a loan. Discover how a higher score can lead to better loan terms and financial opportunities.
UPI Lite's THIS feature to come into force from April 1; check details here
livemint.com - 26 Feb 2025 11:03
Transfer out functionality is a new feature which will enable users to withdraw funds from their UPI Lite balance to the source bank account from which it was loaded without disabling UPI Lite.
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
CNBC - 26 Feb 2025 10:03
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.
ChatGPT hallucinations: Bengaluru tax tribunal order cites non-existent cases, recalled
livemint.com - 26 Feb 2025 08:07
ChatGPT was used to generate the case law citations, which turned out to be totally fictitious.
Lucid CEO steps down; EV maker plans to more than double production in 2025
CNBC - 26 Feb 2025 00:55
Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO.
Workday beats estimates for revenue and profit, stock jumps
CNBC - 26 Feb 2025 00:40
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.