Usa Financial News

The European Union (EU) securities watchdog, the European Securities and Markets Authority (ESMA), is seeking input from stakeholders on the potential inclusion of crypto assets in investment products.

Uber has more than 1 million drivers in India, chief executive Dara Khosrowshahi said during the ride-hailing platform’s March-quarter earnings call. India is the third country behind the US and Brazil to reach the 1-million-driver mark.

Mother's Day 2024: They mend scraped knees and broken hearts, celebrate triumphs big and small, and offer unwavering support through thick and thin. Mothers are the cornerstones of our lives, shaping us from tiny tots into the people we are today. This Mother's Day, we celebrate these incredible women. Here's all about the history of Mother's Day and the reasons why we take this special day to shower our moms with appreciation. Whether it's the mom who works tirelessly to provide, the single parent who juggles countless responsibilities, or the adoptive mother who opens her heart and home, motherhood comes in all shapes and sizes. This Mother's Day, we recognize the diverse experiences of mothers around the world. From grandmothers to stepmoms and foster moms, this day is a chance to honour the women who nurture and guide us, reminding them of the profound impact they have on our lives.

Alphabet’s primary competitor in the fast-paced artificial intelligence (AI) technology landscape. With heavy investments in companies such as OpenAI, Inflection, and Mistral AI, Microsoft is edging close to Alphabet in the AI tech race, particularly its application in the search tool — a space heavily dominated by Google, as per a Bloomberg report. Notably, the Microsoft chief took jabs at and even voiced strong statements against Google at a US anti-trust trial in October last year.

generic drugmaker Alembic Pharma reported a 17% rise in fourth-quarter profit on Thursday, driven by strong sales, especially in the key North American market. Consolidated profit rose to 1.78 billion rupees ($21.3 million) in the three months ended March 31, from 1.53 billion rupees a year earlier.

T20 World Cup will spread much-needed cricket awareness in the USA but eventually, it is the lure of competing in the 2028 Los Angeles Olympics that will attract local Americans to the game that is mainly played by expats, feels USA Cricket chairman Venu Pisike. USA is co-hosting the event alongside West Indies and the US team will also be making its World Cup debut when it faces neighbours Canada in the tournament-opener on June 1. The team is mainly made up of semi-professional cricketers of South Asian heritage with former New Zealand star Corey Anderson also switching allegiance to his adopted homeland of USA. Former Indian first-class cricketer Milind Kumar and former India U-19 player Harmeet Singh are also part of the squad. Speaking to PTI, Pisike agreed it is a major challenge to take cricket to the masses in USA.

Exodus Movement, a prominent crypto wallet company, has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange.

Indian students in American universities 'scared to travel alone', stay 'situationally aware' after 2 deaths in a week In a letter to Union Minister G. Kishan Reddy, Sadanandam appealed for assistance in locating his missing son. Kishan Reddy, the Minister for Culture, Tourism, and Development of the North Eastern Region, Government of India, wrote to the Ministry of External Affairs on May 8, requesting that the Consulate General of India (CGI) in Chicago aid in tracing Rupesh, who has been missing “@DrSJaishankar, @kishanreddybjp, Sir please speak to concern Chicago police Department about the missing of Rupesh Chandra Chintakindi.

Also Read: Mumbai Trans Harbour Link: Auto-rickshaw spotted on Atal Setu despite ban; netizens say 'has good contacts' The viral video, shared by an Instagram user showed the black and yellow auto-rickshaw in California. The visual of the black and yellow rickshaws plying in California streets was a surprise for many Indians who are used to finding the vehicle on busy and crowded Indian streets. Also Read: Ola Electric to launch electric autorickshaw ahead of planned IPO, says report The recent video, shared by an Instagram user Manohar Singh Rawat, has garnered 24,185 likes so far.A post shared by Manohar Singh Rawat (@manoharsrawat) "Auto Rikshaw in California.

2024 US Presidential hopeful Donald Trump isn’t much interested in “Jeo Boden (BODEN)” memecoin, a joke crypto token mimicking the current President Joe Biden.

Democratic representatives have  introduced the US Blockchain Integrity Act  to tighten regulations in the cryptocurrency sphere. The act aims to crack down on cryptocurrency mixers, often utilized for illicit financial activities.  Led by Sean Casten and supported by fellow Democrats, the  proposed bill seeks to enact a two-year ban on cryptocurrency mixers.

Donald Trump, former US President and current presidential candidate, on Wednesday hosted a special event at his Mar-a-Lago resort in Florida for NFT owners, where he voiced his support for crypto.

Adani Enterprises Limited (AEL). According to a January note by American brokerage firm Cantor Fitzgerald, AEL "is at the core of everything India wants to accomplish." The company functions as an incubator for Adani's businesses. Many have been spun out and become leading players in their respective sectors.

Stock market today: The Indian stock market continues to remain under the sell-off heat for the fifth straight session on Thursday. The Nifty 50 index opened lower in the early morning session and touched an intraday low of 22,184, logging more than 450 points in the last five sessions. The BSE Sensex opened lower and hit an intraday low of 72,891, recording over 1700 points loss in five days.

Also read: Investors may find Dennis Woodside a better chief for Freshworks The Q1 FY24 results show 3% rise in revenues QoQ and losses had dropped to $23 mn versus losses of $28 mn in Q4FY23. The current guidance is that 2024 revenue will hit the band between $695 million to $705 million, with year-on-year growth of 17-18%, slightly lower than the 18-19% revenue growth the company had projected in February. Non-GAAP operating profit jumped to $21.8 million in Q1FY24 from $3.9 million in the year-ago period.

₹15,863 crores this month, is a significant current trend in the market. Despite their continued buying, DIIs are not as aggressive as they previously were because of some uncertainty over the election results. It's critical to recognise that, in addition to the high US bond yields there is now another driver driving FII selling.

Also Read: Salman Khan house firing case: Fifth accused arrested from Rajasthan The occasion carries immense significance among Hindus as it is believed that Lord Parsurama was born on Akshay Tritiya. Lord Parsuram is seen as the sixth form of Lord Vishnu. Many also link the festival to the day when Lord Ganesha started writing the Mahabharata.

Gold rate today: Despite a buying buzz ahead of the Akshaya Tritiya 2024, hawkish US Fed talks on the interest rate continued to weigh on gold prices. The gold futures contract for June expiry opened lower at ₹71,050 per 10 gm mark on the Multi Commodity Exchange (MCX) and touched an intraday low of ₹71,034 within a few minutes of the opening bell.

An employee onboard a cruise ship was arrested by FBI officials in Juneau, Alaska, on Tuesday after he allegedly stabbed three people on the vessel with scissors.

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. Nifty 50 formed a small positive candle on the daily chart with minor lower and upper shadows. Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, rise in US bond yields to oil prices “Technically, this pattern indicates a formation of high wave type candle pattern, Normally, such high wave formation after a reasonable decline indicates chances of an upside bounce.

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. “Consistent selling by FIIs, a mixed set of Q4 results, and lower turnout in the election kept investors wary. We expect the market to consolidate in a broader range amid nervousness surrounding the ongoing Lok Sabha election," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.