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Market News

Location American Market News for 23 July 2025
The quarterly numbers are hard to judge. The long-term benefits of owning Discover are easy to see, though.
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IBM shares drop despite earnings beat

CNBC - 23 Jul 2025 23:04
IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.
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Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion.
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ServiceNow lifts guidance on AI growth

CNBC - 23 Jul 2025 22:29
"Every business process in every industry is being refactored for agentic AI," said ServiceNow chairman and CEO Bill McDermott in a release.
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Expectations were high heading into the print. GE Vernova more than delivered.
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CEO Haviv Ilan said some of the second-quarter strength may have come from a pull-forward in demand to acquire inventory ahead of tariffs.
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Tesla's second quarter earnings call comes as Elon Musk's automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.
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The company made a number of AI announcements during the quarter.
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Hasbro's toy and entertainment sales fell and the company recorded a $1 billion charge related to the impact of tariffs.
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How you can rebuild your credit score after defaults and missed card payments With consistent repayments and responsible credit use, it's possible to improve a low credit score and build financial trust for future goals like homeownership.
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30s, EMIs, and a heart attack? Why your health insurance needs to grow up with you Heart attacks are now a concern for younger Indians, driven by unhealthy lifestyles and stress. Insufficient health insurance complicates recovery, emphasizing the need for better coverage.
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What is the Startup India Seed Fund Scheme that offers upto ₹50 lakh to founders? Details here Under the start-up seed fund scheme, one can be awarded up to ₹20 Lakhs as a grant for validation of proof of concept, prototype development, or product trials, whereas a higher amount can be granted for commercialisat...
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Current agri loans over ₹28 lakh crore, but no waiver plan: Govt There is no proposal to waive off the outstanding agricultural loans under consideration with Union Government.
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Does a negative bank account balance affect your credit score? Here's the truth A negative bank balance doesn't directly affect your credit score, but missed EMIs, failed auto debits, or account closures from overdrafts can indirectly impact your overall credit profile.
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No credit score? 5 personal loan alternatives you can still qualify for Check out five personal loan alternatives available even without a credit score, including secured and flexible options like LIC loans, FD-backed cards, and overdrafts to start your credit journey.
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PhonePe rolls out two co-branded credit cards with SBI The two new credit cards are PhonePe SBI Card Purple and PhonePe SBI Card Select Black. This marks the second such partnership by PhonePe after its earlier tie-up with HDFC Bank.
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Deal-signing at the German cloud computing and software giant SAP turned cautious in the second quarter, CFO Dominik Asam told CNBC.
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International payments made easy for Indians as Paypal integrates with UPI - How will it work? PayPal World is set to launch in late 2025 and will begin with offering interoperability between PayPal and Venmo. PayPal World will also include UPI as part of its initial launch.
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UniCredit raised its full-year net profit guidance, moving on from its now abandoned attempt to take over Italian peer Banco BPM amid a row with Rome.
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NPS: 7 pension fund managers delivered THESE returns on equity investment in past 3 years NPS: Pension fund managers (PFM) have delivered annualised return in the range of 17-19 percent in the past three years on equity investment
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Small savings schemes vs FDs: What should investors opt for? An explainer In view of declining FD interest rates, small savings schemes give relatively higher returns to deposits, while also providing income tax exemption on interest earned at the same time
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Forex markup on credit cards: What it means and how to avoid it Forex markup fees are additional charges on credit card transactions made in foreign currencies. These fees cover costs from banks and card networks.
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