Usa Financial News

Barclays initiated coverage of 26 stocks within the U.S. Power & Utilities sector in a note Wednesday, taking a Neutral industry view.

E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC) stablecoin payments. 

In the three days of gains, Sensex has rebounded 484.64 points while Nifty advanced by 133.85 points. Sectorally, bank, financial services, media and consumer durables packs ended in the green, while FMCG and Oil and Gas saw the maximum cuts. Here's how analysts read the market pulse: «Global markets have restrained from making significant moves as they await the outcome of the central bankers' gathering at Jackson Hole scheduled for Friday. With the earnings season nearing its end, the heightened possibility of another rate hike in the US, along with the resultant increase in bond yields, are expected to keep the global market’s volatility high.

Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to elicit evidence the former CEO acted “in good faith” on advice of previous counsel in regards to his alleged actions at FTX and Alameda Research.

space endeavors, Chandrayaan-3 has successfully executed a soft landing near the moon's South Pole, marking a momentous event in the country's space history. Amid the flood of emotions that have swept over the internet, Bollywood icon Shah Rukh Khan found the perfect lines from one of his songs to encapsulate this historic moment. Drawing inspiration from "Chaand Taare," a song featured in his 1997 film 'Yes Boss,' Shah Rukh Khan expressed his sentiments.

Taylor Swift fans, known as Swifties, have a golden opportunity to secure their spots at 'The Eras Tour' as a new wave of tickets is set to hit the market on August 22, for her performances in Japan. In a surprise announcement, Lawson Ticket unveiled that the highly sought-after tickets would become available at 7 p.m. JST (6 p.m. Manila time). The process to obtain these coveted passes can be initiated through a link provided by Lawson Ticket on its official website. Responding to the overwhelming demand from ardent fans, the organizers stated, «Due to popular demand, we have decided to sell a few additional copies on a first come, first served basis. Don't miss this opportunity to be part of the magic!» The heart of the event will be the Tokyo Dome, boasting a massive capacity of 55,000 attendees. From February 7 to 10, 2024, Swift will grace the stage at this iconic venue, captivating the Japanese audience with her chart-topping hits and unmatched showmanship. Introduced in November of the previous year, The Eras Tour is Taylor Swift's artistic voyage through the various musical phases of her illustrious career. The inaugural leg of the tour spanned from March 18 to August 5, encompassing stadiums across the United States. This extraordinary musical journey is scheduled to culminate in August 2024. While Japan is a pivotal stop on the tour, the excitement will continue to reverberate across Asia. Beyond Japan, the only other Asian destination to host The Eras Tour is Singapore. The electrifying performances will unfold at the colossal National Stadium, accommodating 55,000 fans, on March 2, 3, 4, 7, 8, and 9, 2024.

With most sectors within the travel industry finally surpassing pre-pandemic levels of activity in 2023, our focus turns to the some of the greatest beneficiaries of this upswing: a selected quartet of airline stocks expected to post earnings growth of more than 50% this year.

By Safiyah Riddle

By David Morgan

Narendra Modi and the Indian Space Research Organisation (ISRO) on the successful landing of Chandrayan-3 on the surface of the moon on Wednesday. Nepal PM took to his social media 'X, (formerly known as Twitter), and said, "I congratulate Prime Minister Shri Narendra Modi ji and ISRO team of India on successful landing of Chandrayan-3 in the surface of the moon today and unleashing of a historic achievement in science and space technology." Foreign Minister of Maldives, Abdulla Shahid congratulated PM Modi on the success of ISRO's Chandrayaan-3 mission.

₹614.32 crore after being sellers for the last four straight sessions. Domestic institutional investors (DIIs) continued their buying streak for the fourth session on Wednesday and bought shares for ₹125.03 crore. As per NSE data, on August 23, FIIs' buy value was at ₹9,419.37 crore and sell value at ₹8,805.05 crore -- resulting in an inflow of ₹614.32 crore.

ISRO releases images of the Moon taken by the Lander Horizontal Velocity Camera of Chandrayaan-3 during the descent The communication link is established between the Ch-3 Lander and MOX-ISTRAC, Bengaluru, says ISRO. With the successful landing on the moon, India has become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.

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By Carolina Mandl and Chris Prentice

A story by Business Insider Wednesday, citing internal documents and unnamed sources, reports that electric vehicle maker, Tesla (NASDAQ:TSLA) has decided to cut their production targets for their German facility to 4,350 a week in July and August after hitting 5,000 a week in March with plans to reduce it further.

Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-traded fund (ETF).

By Rachel Savage

Almost 9 in 10 young investors have actively traded stocks this year due to higher interest rates and inflation, according to a new Bankrate survey. And that behavior may cost them in the long run, experts said.

The Dow Jones Industrial Average rose 49.76 points, or 0.15%, at the open to 34,338.59. The S&P 500 opened higher by 8.89 points, or 0.20%, at 4,396.44, while the Nasdaq Composite gained 26.56 points, or 0.20%, to 13,532.43 at the opening bell. More to come....

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market analysis shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going bearish, and while that doesn’t guarantee a quick return to $29,000 support, it reduces the chances of an extended correction.