Usa Financial News

Investing.com-- Shares of SMIC sank on Friday, leading declines across major Chinese technology firms after the Biden administration suggested that China’s biggest chipmaker may have flouted U.S. export curbs to produce a new chip for a flagship Huawei phone. 

(Reuters) -Meta Platforms's Instagram appeared to be back online for most users after an outage disrupted services for the photo-sharing platform for more than three hours on Thursday, according to Downdetector.com.

Gold And Silver Prices Today : Gold prices saw a slight increase on Friday.The cost of 24 carat gold is Rs.6798.5 per gm up by Rs.194.0.The cost of 22 carat gold is Rs.6227.4 per gm up by Rs.178.0. The price change in 24 carat gold in the last one week has been 0.45% .whereas in the last month it has been -5.17%. The cost of "" + "silver" + "" is Rs.78600.0 per kg up by Rs.1700.0 per kg.

By Lewis Jackson

Stock market today: After weak guidance delivered by Accenture, the share price of the global IT major crashed over 9 percent at the New York Stock Exchange (NYSE). This led to a drop in the ADR (American Depository Receipt) shares of the Indian IT majors Wipro and Infosys. Accenture share price witnessed a sharp sell-off after the IT giant revised its full-year revenue growth expectation to 1 percent to 3 percent, which is lower than the early estimates of 3 percent to 5 percent.

Avenue Supermarts, the DMart retail chain operator, with a ‘Buy’ rating and a target price of ₹5,107 per share, implying an upside of over 22% from Thursday’s closing price. According to CLSA, DMart is rapidly scaling its private-label offerings, which could drive the next leg of share gains.

Zomato CEO Deepinder Goyal has tied the knot with model Grecia Munoz, people familiar with the matter told HT.com. Goyal, founder of the food delivery platform, and the Mexican-born Munoz returned from their honeymoon in February, one of the persons cited above said, asking not to be named. Munoz says she is “now at home in India", according to her Instagram bio.

Advisors using Betterment’s RIA custody offering can now expect to see a thicker fund catalog for its custom portfolios. The market-leading independent technology provider announced Thursday that it has strengthened its Betterment for Advisors division by introducing thousands of mutual funds to its custom portfolio options.

(Reuters) -Luggage maker Samsonite International on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets.

In a joint effort to fight the rise of precious metals fraud, particularly targeting those nearing or in retirement, major regulatory bodies have issued a stark warning. In a statement, the Commodity Futures Trading Commission said it is working with the Financial Industry Regulatory Authority Inc. and the North American Securities Administrators Association to highlight risks associated with investing in overpriced gold, silver, and other metals.

US, the Justice Department and 16 attorneys general are suing the iPhone maker for violating antitrust laws. And in Europe, the company is said to be facing probes about whether it’s complying with the region’s Digital Markets Act. Shares of the company slid 4.1% Thursday, erasing about $113 billion in market value and taking their year-to-date loss back to 11%.

US-listed stocks accessible to British customers through its app. However, the company's plans to introduce margin lending in the UK have been put on hold as discussions with regulators continue, according to Bloomberg. The Silicon Valley-based fintech giant has been actively diversifying its offerings, venturing into new markets and introducing products such as retirement accounts, credit cards, crypto, and cash accounts.

Stock market today: Following strong global market sentiments after the US Fed meeting, the Indian stock market shifted into a decent follow-through upside move on Thursday and ended higher on second day in a row. The Nifty 50 index gained 172 points and closed at the 22,011 level, the BSE Sensex shot up 539 points and ended at the 72,641 mark while the Bank Nifty index finished 374 points higher at the 46,684 level.

Read the full story here.)Sensex Today Live : The local equity market is anticipated to commence on a subdued note this Friday, taking cues from a mixed global market. Asian markets exhibited a mixed trend, with Japan's Nikkei reaching an unprecedented high.

By Alexandra Alper and Karen Freifeld

Japanese telecoms companies are moving into the web3 space, with a subsidiary of the communications giant NTT set to launch a crypto wallet.

Infosys, Wipro, Prestige Estates, Tata Chemicals, Tata Communications among others will be in focus due to various news developments. Infosys, Wipro The American Depository Receipts of Indian IT companies Infosys and Wipro declined sharply in trade on Thursday as peer Accenture Plc slashed its annual guidance.

Investing.com-- U.S. stock index futures rose slightly in evening deals on Thursday, extending gains after expectations of interest rate cuts by the Federal Reserve saw Wall Street notch two sessions of record highs.

By Laila Kearney

By Jonathan Stempel

USCIS) has announced an extension of the initial registration period for the fiscal year (FY) 2025 H-1B cap. Originally scheduled to end at noon Eastern on March 22, 2024, the registration period will now run until noon Eastern on March 25, 2024. This extension comes in response to a temporary system outage experienced by some registrants, with USCIS aiming to accommodate affected individuals by providing additional time. During this extended period, prospective petitioners and their representatives, if applicable, are required to use a USCIS online account to electronically register each beneficiary for the selection process. Additionally, they must pay the associated registration fee for each beneficiary.