Financial News

Latest news

24.10 / 04:11
markets UPS Digital Strategy NVIDIA Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record
SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year. The company played down market concerns about an oversupply of the chips used in generative AI chipsets, saying production of higher-margin HBM chips was limited due to technological challenges, while demand was proving stronger than expected. «We believe that it is premature to talk about demand slowdown for AI chips and HBM at this point,» Kim Kyu Hyun, SK Hynix's head of DRAM marketing said on a conference call, citing ever-increasing requirements for computing power.
24.10 / 04:11
markets Target Analysis Research Trade Experts reports SBI Life shares in focus after Q2 results. Should you buy, sell or hold?
SBI Life's shares will be in focus on Thursday after the company reported a 39% year-on-year (YoY) growth in its consolidated net profit, reaching Rs 529 crore in the second quarter. This compares to Rs 380 crore in the same quarter last year. The net premium income for the reporting period increased by a marginal 1% YoY to Rs 20,266 crore.
24.10 / 04:11
markets Digital Google Experts Universities PAM reports Priyanka Gandhi's investments: Savings, mutual funds, immovable assets, and others
For the financial year 2023-2024, Priyanka reported a total income of ₹46.39 lakh, including rental income, bank interest, and other investments. In terms of assets, Priyanka disclosed ₹4.24 crore in movable assets. These include deposits in three bank accounts, investments in mutual funds and PPF, a Honda CRV car gifted by her husband Robert Vadra, and over 4,400 grams (gross) of gold valued at ₹1.15 crore.
24.10 / 04:11
markets Target Analysis Research Trade Experts recommendations Hot stocks: Paytm, SBI Life, Sona BLW, Godrej Properties and TVS Motor
Brokerage firms CLSA and Investec have buy ratings on Paytm and TVS Motor respectively. Meanwhile, Macquarie and CLSA have outperform ratings on SBI Life and Sona BLW respectively. Jefferies has a buy call on Godrej Properties.
24.10 / 04:11
security Analysis Election Research Trade Experts reports AU Small Finance Bank shares in spotlight after Q2 profit soars 42% YoY to Rs 571 crore
AU Small Finance Bank shares are in the spotlight on Thursday after the bank reported a 42% year-on-year (YoY) rise in net profit for the September quarter at Rs 571 crore, buoyed by the impact of its acquisition of Fincare Small Finance Bank. Its net profit was Rs 402 crore in the year-ago period. Operating profit jumped 80% YoY at Rs 1,132 crore.
24.10 / 04:11
markets Digital Career Dreams Experts PAM recommendations US dreams fading? Indian techie earning Rs 1 crore in New York says it is 'just good for basics'. She wants to return
Her quick response—“I would go back to India”—left viewers surprised, generating over 150,000 views and hundreds of likes. About her salary she says, «It's good for the basics but I am always looking for more.» «Back to India? Is this for real? Times are crazy #reverseimmigration,» Piyush Monga wrote in the caption
24.10 / 04:11
markets Target Reuters Digital Strategy Experts reports Canada to bring in 395,000 new permanent residents in 2025, almost 20% less than 2024
immigration policy, Canada is set to reduce the number of immigrants it will admit in the coming years. A government source told Reuters, the new targets will see a decrease from 485,000 new permanent residents in 2024 to 395,000 in 2025, 380,000 in 2026, and 365,000 in 2027. This decision marks the first time in years that the Canadian government has lowered its immigration targets. The number of temporary residents will also decrease, with 2025 projections targeting 300,000, down by 30,000 from previous levels. The shift in policy was initially reported by The National Post. Canada has traditionally been known for its openness to newcomers. However, the landscape has changed in recent years amid a national debate fueled by rising housing costs. As interest rates increased over the past two years, home affordability has become a pressing concern for many Canadians. A surge in the immigrant population has contributed to record levels, intensifying demand for housing and pushing prices further up.
24.10 / 04:11
markets Target security Analysis Research Trade reports Add Supreme Industries, target price Rs 4,770: HDFC Securities
HDFC Securities has an add call on Supreme Industries with a target price of Rs 4,770. The current market price of the stock is Rs 4569.6. Supreme Industries, incorporated in 1942, is a midcap company with a market cap of Rs 58343.44 crore, operating in plastics sector. Supreme Industries's key products/revenue segments include Plastic Products, Polymers (Traded), Other Operating Revenue, Processing Charges and Export Incentives for the year ending 31-Mar-2024.
24.10 / 04:11
markets Target security Analysis Research Trade Experts Stocks to buy or sell today: RIL, Tech Mahindra among top 9 trading ideas for October 24, 2024
Indian market is expected to trade higher on Thursday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.21% at 24,487 levels on Wednesday.
24.10 / 04:11
markets Strategy Analysis Research wellness Trade Experts F&O Radar| Deploy Bear Put Ratio Spread in Nifty for potential benefit from bearish stance
Nifty continues to face resistance at the higher levels and it has closed below its previous support of 24,700 for the second consecutive time, indicating weakness in the short term. Until the index is not able to close above 24,700 the overall short-term trend remains negative.
24.10 / 03:15
markets UPS Digital Analysis Trade Experts reports HUL shares in focus on Q2 earnings, Rs 29/share interim dividend
Hindustan Unilever (HUL) are likely to remain in focus on Thursday following a 4% fall in its standalone net profit for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. On Wednesday the FMCG major reported revenue from operations at Rs 15,319 crore, which was up 2% over Rs 15,027 crore reported in the corresponding quarter of the previous financial year.
24.10 / 03:15
markets Citi Waters Experts electronic Traffic Videos Bengaluru sees massic traffic jam, people left stranded on flyover for around 3 hours. Watch viral video
Electronic City, and reportedly, people were left stranded on a flyover for over three hours. The Times of India tweeted a video of the massive jam. According to ToI, thousands of people got off their company vehicles and buses, walking towards their homes on Wednesday night following the traffic gridlock below the Electronic City flyover after rains. «People were stranded on the flyover for around 3 hours!» ToI claimed.
24.10 / 03:15
markets UPS Digital Boeing Experts International Boeing workers vote to reject wage deal, continue strike
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to investor and management hopes of a resolution to the acrimonious dispute. The vote was 64% in opposition to the deal, which offered a 35% rise in wages over four years. The union vote to push Boeing for better terms reflects years of resentment from workers who felt cheated by the company in talks a decade ago and deepens a financial crisis.
24.10 / 03:15
markets UPS security Analysis Trade Experts reports ACC shares in focus ahead of Q2FY25 earnings. Here’s what to expect from this Adani Group company
Adani Group owned ACC Limited are expected to be in focus on Thursday ahead of the company's Q2FY25 earnings announcement. The cement maker could report an year-on-year and sequential loss in its revenue and net profit figures, according to estimates by a couple of brokerages. Sharekhan has estimated ACC’s net sales figures at Rs 4,263 crore, which could go up by 4% on a YoY basis and 17.3% on a QoQ basis. The profit after tax (PAT) is seen to fall by 49% and 46% on a YoY and QoQ basis to Rs 197 crore.
24.10 / 03:15
markets Digital Manufacturing Google CEO Platform NVIDIA Meta Platforms Nvidia's design flaw with Blackwell AI chips now fixed, CEO says
Nvidia CEO Jensen Huang said on Wednesday a design flaw with its latest Blackwell AI chips which impacted production has been fixed with the help of longtime Taiwanese manufacturing partner TSMC. Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms, Alphabet's, Google and Microsoft. «We had a design flaw in Blackwell,» Huang said. «It was functional, but the design flaw caused the yield to be low. It was 100% Nvidia's fault.»
24.10 / 03:15
markets IPO Manufacturing security Analysis Trade Experts Waaree Energies IPO allotment likely today. Check status, GMP, listing date and other details
Waaree Energies IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.
24.10 / 03:15
markets Analysis BlackRock Trade President country India can benefit from current geopolitical complexity, if it plays the game skillfully: Ben Powell, BlackRock
Ben Powell, Chief Investment Strategist for APAC, BlackRock Investment Institute, says we are going to see more and more tie-ups between governments, in terms of legal framework, regulatory permissions, and societal buy-ins. A partnership between governments and private capital is important because many Western countries do not have so much fiscal firepower. Coming to India, Powell says the BRICS meeting is going on in Russia and we have seen Prime Minister Modi embracing President Putin. Modi will also be sitting down with President Xi later today., India seems to be in a amazing position where on the one hand it is a cherished partner of the BRICS with huge positives, obviously energy and other dimensions and on the other hand, India is an absolute cornerstone of US policy, most obviously through Quad. What is the future of finance going to look like and how can investors benefit out of it? Ben Powell: The need to mobilise capital and fund all of the aspirations is the practical reality.
24.10 / 03:15
markets Target Digital Google Experts PAM Mother sues AI chatbot company Character. AI, Google sued over son's suicide
In a lawsuit filed Tuesday in Orlando, Florida federal court, Megan Garcia said Character. AI targeted her son, Sewell Setzer, with «anthropomorphic, hypersexualised, and frighteningly realistic experiences». She said the company programmed its chatbot to «misrepresent itself as a real person, a licensed psychotherapist, and an adult lover, ultimately resulting in Sewell's desire to no longer live outside» of the world created by the service.
24.10 / 03:15
markets Analysis Research Trade Experts electronic Multibagger SME stock record date for 1:1 bonus issue tomorrow. Do you own?
Pulz Electronics are expected to be in focus today, as the record date for its 1:1 bonus issue is tomorrow, October 25, making today the last day to purchase shares for eligibility. This means that the shareholders who have the shares of the company in their demat accounts on the record date, will be credited with an additional share of the company as a bonus.
24.10 / 03:15
markets UPS Booking Analysis Trade Experts Updates What Gurmeet Chadha is buying and adding to his portfolio now
Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says wherever there is earning support, one can buy a basket. Complete Circle likes financials and has been dipping into it. Amongst largecaps, they have bought ICICI and added to SBI. In tier II banks, they have added Federal Bank and are also looking at some select NBFCs. They are also adding a few defence names with a 20-30% correction from the peak. Plus, they are adding some auto ancillary stocks, which have been under a lot of pressure. In PSUs, Chadha is gung-ho on PSU banks. SBI trades at book. Bank of Baroda came up with a very good update. In Bank of Baroda, the retail mix is improving. What is your take on the markets at this juncture because it has been a decent sell-off from the high point. Is there any area where you are finding the valuations to be attractive or good opportunities at this price point? Also help us with your take on the PSUs because they have been feeling the heat and do you believe that the PSUs have some headroom for recovery? Gurmeet Chadha: In absolute terms, there is a lot of selling in the market. Nobody really anticipated this kind of selling coming through and in a matter of a few weeks. So, almost $12-$13 billion is gone and the market has still absorbed quite a bit of it.
24.10 / 02:51
markets UPS FIVE CEO Pride consequences HSBC's Michael Roberts looks like the last nail in the hybrid working coffin
HSBC’s new CEO, Georges Elhedery, has only been in charge for two months. And like all good new CEOs, he’s dabbled in a bit of wide-sweeping reform – but one of those reforms might have broader consequences for the bank’s employees than they realize.

Welcome to FVBB.com - your trusted source for financial analysis and expert insights. We specialize in providing high-quality and up-to-date information that will help you make informed financial decisions. Our team of experienced financial analysts is dedicated to delivering comprehensive market research, investment analysis, and industry trends. Whether you're a seasoned investor or just starting out, our platform offers valuable resources to assist you in navigating the complex world of finance.

We understand the importance of staying informed in today's fast-paced financial landscape. That's why we provide timely news updates, in-depth articles, and expert opinions on a wide range of financial topics. From stock market trends to personal finance strategies, we've got you covered. Our user-friendly interface and intuitive design make it easy to access the information you need, whether you're on your desktop or mobile device. We strive to deliver a seamless browsing experience, ensuring that you can find the insights you seek quickly and efficiently. Trust is the foundation of our platform.

We are committed to maintaining the highest standards of integrity and objectivity in our analysis. Our goal is to empower individuals and businesses with the knowledge they need to make sound financial decisions and achieve their goals.

Have you been keeping up with the latest BYU football news? Then got to the news-football.net It's worth staying updated on the happenings of the team, including game results, player updates, and exciting highlights

Explore our vast collection of resources, engage with like-minded individuals in our forums, and stay ahead of the curve with our expert insights.

Start your journey towards financial success with FVBB.com - your partner in financial analysis and decision-making.