Usa Financial News
27.02 / 12:39
COST
security
President
stage
testing
prevention
Canadian gold miner agrees to sell itself to Chinese company in possible test of Ottawa policy
Ottawa’s policy of preventing Chinese companies from investing in Canadian-listed firms may be put to the test after Vancouver-based Osino Resources Corp. agreed to be bought by Yintai Gold Co. Ltd. for $368 million.
27.02 / 12:39
markets
UPS
economy
wellness
Latin
International
Scotiabank's loan-loss provisions rise more than expected as Canadian economy weakens
Bank of Nova Scotia missed analysts’ estimates for loan-loss provisions amid growing stress in consumer lending as the Canadian economy weakens as well as higher delinquencies among retail borrowers in its Latin American businesses.
27.02 / 12:13
markets
Gap
NVIDIA
rights
Nasdaq 100 Holds Breath Ahead of PCE Data, 7-Year Auction: What to Watch for Today
Stocks finished the day lower, with the S&P 500 dropping about 40 bps and the Nasdaq 100 finishing flat. Not much changed materially.
27.02 / 12:13
markets
JPMorgan
Election
Nov
trends
Trade
JPMorgan says S&P 500 rally is at a risk from a narrative shift
With the S&P 500 recently hitting another all-time high, the investor sentiment is predominantly bullish, resulting in a consensus view on the «goldilocks outcome» among market participants.
27.02 / 11:51
Compilation
security
economy
show
reports
Commentary
US banks remain a worry for Indian IT firms
Muted revenue growth in the December quarter (Q4CY23) has prompted large US banks to slow down their IT-related expenditure. Data compiled by Antique Stock Broking shows that six large US banks' average technology spending growth softened to 5.7% in Q4CY23 from 6.4% in Q3CY23. On an aggregate basis, these banks reported low single-digit revenue growth of 1.8% year-on-year in the quarter, a sharp deceleration from 9% in the previous quarter.
27.02 / 09:19
markets
Reuters
Digital
CEO
Research
country
International
Cancer drugmaker Bristol Myers to build its largest R&D facility outside US in India by 2025
Bristol Myers Squibb aims to expand its research and development presence in India and expects its newly inaugurated Hyderabad facility to become its largest unit outside the U.S. by 2025, CEO Christopher Boerner said on Tuesday. The $100-million facility, inaugurated by Boerner on Monday, is expected to employ over 1,500 employees and will be used to enhance its drug development through the use of digital technologies and artificial intelligence, he said in his keynote speech at the BioAsia conference. Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International.
27.02 / 09:11
markets
UPS
Target
Sustainability
trends
country
reports
NOT
No, coal is not dead
India’s industrial growth and modernization, giving people access to modern energy services. Despite this progress, the average household in India only consumes a tenth as much electricity as the average household in the United States. India’s sheer size and its huge scope for growth mean that its energy demand is set to grow by more than that of any other country in the coming decades.
27.02 / 09:11
UPS
Booking
Racing
Basketball
Courts
rights
Sporting
The contrasting paths of Michael Jordan and LeBron James
Jumpman: The Making and Meaning of Michael Jordan. By Johnny Smith. Basic Books; 336 pages; $30. The Book of James: The Power, Politics, and Passion of LeBron. By Valerie Babb.
27.02 / 08:03
markets
Digital
ETF
Software
MicroStrategy
Trade
Bitcoin
Bitcoin breaks $57,000 as big buyers circle
SINGAPORE (Reuters) -Bitcoin hit a two-year high on Tuesday on signs of large players buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022.
27.02 / 08:03
27.02 / 08:03
27.02 / 07:46
markets
UPS
ETF
Trade
Bitcoin
Bitcoin Price
Spot ETFs
Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000
The price of the leading cryptocurrency Bitcoin rallied over 10% to soar above $57,000 for the first time since November 2021. The price rally caused total shorts positions to bleed over $268 million in the last 24hrs, including $158 million in bitcoin shorts, as per Coinglass data.
27.02 / 07:45
BlackRock
Bloomberg
Bitcoin Etf
US Bitcoin ETF Trading Hits Daily Record at $2.4B, BlackRock Leads: Bloomberg Intelligence
The newly launched nine Bitcoin exchange-traded funds (ETFs) in the U.S. have broken an all-time daily record in volume, taking in $2.4 billion which is about double their recent daily average, according to Eric Balchunas from Bloomberg Intelligence.
27.02 / 07:45
SEC
Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay
Do Kwon, co-founder of Terraform Labs, is expected to miss the beginning of his US Securities and Exchange Commission (SEC) trial on fraud charges due to delays in his extradition from Montenegro. The trial which was set to begin last month was postponed to March 25 on Kwon’s request.
27.02 / 07:45
CBDC
Federal Reserve
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
The U.S. Republican senators have introduced a bill aiming to ban Federal Reserve-backed central bank digital currency (CBDC).
27.02 / 06:27
Reuters
Research
Virus
country
infection
strain
Investigations
Antarctica sees first bird flu case, confirms scientists
Reuters, citing Spain's Higher Council for Scientific Investigation (CSIC) said on Sunday, “This discovery demonstrates for the first time that the Highly Pathogenic Avian Influenza virus has reached Antarctica despite the distance and natural barriers that separate it from other continents." CSIC further added that the presence of the virus was confirmed on Saturday in samples of dead skua seabirds that were found by Argentine scientists near the Antarctic base Primavera. Also Read: Bird Flu Outbreak: WHO issues warning after H1N1 strain infects cats in countries.
27.02 / 05:53
markets
economy
Nikkei
Trade
Asian stocks
Asian stocks retreat, Nikkei falters as sticky inflation fuels BOJ jitters
Investing.com-- Most Asian stocks retreated on Tuesday as caution persisted before a string of key economic readings this week, with Japan’s Nikkei 225 falling from record highs after a slightly stronger-than-expected inflation print.
27.02 / 04:49
community
President
love
information
travelers
gatherings
yachting
U.S. couple likely dead after yacht hijacked by fugitives in Caribbean
Authorities in Grenada on Monday said an American couple who vanished last week after their yacht was allegedly hijacked by fugitives in the Caribbean were likely killed and thrown overboard.
27.02 / 04:45
COST
Provident
Progressive
stage
information
testing
PM Modi in Kerala today: PM likely to unveil Gaganyaan mission astronauts' names, launch space projects worth ₹1,800 cr
Thiruvananthapuram, Kerala, on Tuesday. During his visit, he will inaugurate three projects aimed at providing world-class technical facilities for the space sector. These projects have been developed at a combined cost of approximately ₹1800 crore.
27.02 / 04:45
Target
BLOCK
security
Align
Trade
Whirlpool
Interviews
Whirlpool Of India's share price falls 6% to 52-week low as Jefferies downgrades stock, sees 11% downside potential
₹1,125 from ₹1,265. The new target price implies a potential downside of 11 percent. The firm's operating profit margin (OPM) has declined to 5 percent in the nine months ended FY24 against 9-12 percent in FY15-21, the brokerage said.
27.02 / 04:45
markets
Provident
Trade
electronic
information
reports
recommendations
Buy or sell: Ruchit Jain of 5paisa recommends buying Astral and Bharat Electronics stock this week
Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's session with some minor cuts amid muted global cues. On Tuesday, the 30-share BSE Sensex opened lower by 66.60 points or 0.09% at 72,723.53 level while the Nifty 50 opened at 22,090.20 level, down 31.80 points or 0.14%.
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