Extreme Financial News
03.07 / 17:57
03.07 / 16:51
UPS
Booking
Extreme
SPY
A Private Equity Summer Reading List
Private-equity professionals generally maintain busy schedules between meeting with prospective business partners, pitching new funds or working with portfolio company executives. But many industry professionals still make time to catch up on their reading. Over more than a decade, industry professionals have shared their favorite summer reading picks and this year’s recommendations reflect a range of genres and authors that is as varied as the industry itself.
03.07 / 15:17
Twitter
Extreme
CEO
Platform
Explainer
Explainer-What does Twitter 'rate limit exceeded' mean for users?
(Reuters) — Elon Musk's Twitter has put a temporary limit on the number of tweets that users can see each day, a move that has sparked some backlash and could undermine the social network's efforts to attract advertisers.
03.07 / 14:51
03.07 / 14:15
Blockchain
UPS
Binance
Booking
Extreme
Google
generative AI
Generative AI will disrupt blockchain too: Here’s how
Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more.
03.07 / 13:49
UPS
Extreme
CEO
Fighting
Yellow
Hawkins
negotiations
Trucking CEO suing Teamsters urges negotiations ‘immediately’: ‘Trucking truly moves America’
Yellow Corporation CEO Darren Hawkins presses the importance of union negotiations to avoid economic disruption.
03.07 / 12:38
COST
Extreme
CEO
Platform
GameStop
settlement
Time
Settlement Time for Stock Trades Might Get a Trim
Shortening the time it takes to settle a trade might have helped smooth out the volatile ride investors took on GameStop trading last month, Robinhood CEO Vlad Tenev told the House Financial Services Committee last week.And now, it appears one of Wall Street’s major clearing firms agrees.
03.07 / 12:38
Waters
Extreme
SEC
CEO
Platform
GameStop
Reddit
Regulators to Take Closer Look at Trading Practices
Markets were resilient last week in the face of extreme volatility and high volume after an army of retail investors on Reddit banned together to buy GameStop shares and force a short-squeeze among hedge funds, regulators said Thursday. However, regulators said they still want to take a closer look at trading practices to ensure markets are fair for all investors—with an emphasis on all.
03.07 / 12:38
03.07 / 12:37
UPS
NASDAQ
Extreme
Stealth
Beware the ‘Stealth Bear’ Shaking Things Up in Stocks
Beware the “stealth bear” that’s contributing to increased volatility in the stock market so far this year, analysts warn.
03.07 / 12:37
03.07 / 12:37
Blockchain
Lowe's
Digital
Extreme
Bitcoin
Goldman Sachs Crowns Bitcoin a New Asset Class
Cryptocurrencies may be risky and volatile, but Goldman Sachs thinks digital currencies like Bitcoin are a new investable asset class.
03.07 / 12:37
UPS
Provident
Digital
Extreme
MicroStrategy
Bitcoin
Option
Fidelity To Add Bitcoin Option to 401(k) Accounts
Responding to growing investor interest in cryptocurrency, Fidelity Investments announced this week that it would soon add Bitcoin as an option in company-sponsored 401(k) plans.
03.07 / 12:37
Extreme
SEC
Action
COP
GameStop
Reddit
Fintechs, There’s a New Cop on the Beat
Gary Gensler has been on the job for just three weeks, but the new head of the Securities and Exchange Commission (SEC) has already unveiled a big agenda aimed at fintech companies, with issues ranging from recent stock market frenzies to cryptocurrency regulation on the list.
03.07 / 10:11
UPS
Digital
Booking
NASDAQ
Extreme
Why Sanjiv Bhasin is bullish on these 2 beaten-down stocks
Sanjiv Bhasin, Director, IIFL Securities, says “the headwind and the recent uneasiness in IEX is more because this is an FII-owned stock. They owned it at Rs 300 and at Rs 125 they are getting the jitters. So the investor will make 50% return in IEX from here.
03.07 / 09:43
COST
UPS
Provident
Extreme
Aware
Premium
Life insurance: Investors bet on single premium plans; Amount paid under these is lower than regular premium plans
Individuals are preferring to buy single premium life insurance policies because of higher interest rates, convenience and flexibility the plans offer. The share of single premium to total premium has grown to 70% in May this year as compared to 55% in December last year. For private insurers, the share rose to 53% from 43%, and for Life Insurance Corporation, it grew to 82% from 70% during the same period.
03.07 / 09:27
UPS
Waves
Lowe's
Booking
Extreme
Time
It’s tough to time a new bull market but book some profits & get more into midcaps: Sanjiv Bhasin
Sanjiv Bhasin, Director, IIFL Securities, says now onwards, it is going to be more stock specific. There are some midcap stocks which can give a huge delta. Maybe largecaps are close to a top and so maybe a 100 points more from here there would be some sort of consolidation because if we keep going up parabolically, then the downside will also be fairly sharp when we see the correction.You had said we will make new highs in June. It happened at the end of June but where do we go from here? Are you getting a bit of over enthusiasm and a toppish kind of feeling for the market or do you see higher levels?Nifty was closer to 17,200 when I told you we will hit new highs by the end of June and it will be followed by a correction.
03.07 / 08:43
UPS
Twitter
Extreme
CEO
Platform
Strategy
Mobile
Explainer
ETtech Explainer: Will rate limits accelerate the decline in Twitter’s revenue?
Twitter users complained that they saw ‘cannot retrieve tweets’ and ‘rate limit exceeded’ error messages on their timelines. Befuddled, many thought it was another Twitter outage. Instead, it was a move by Twitter executive chairman Elon Musk to apply ‘temporary limits’ on the number of tweets a user could see.
03.07 / 07:37
Provident
Lowe's
Extreme
CEO
Action
Strategy
etmarkets
Learn With ETMarkets: Options demystified 401 – Market sentiment
options. Link to previous article: Learn With ETMarkets: Options Demystified 303 — Options Greeks (Part 3) -https://ecoti.in/HGiKuY58Put-Call Ratio (PCR): She started by explaining the Put-Call Ratio (PCR), saying, " The PCR is a commonly used indicator to assess market sentiment and predict potential reversals or trends.
03.07 / 01:25
UPS
Lowe's
Man
Progressive
Extreme
Three money minds at work; Most people’s saving and spending habits are governed by their ability to earn
bankruptcy a few times. He remained oblivious as a child and when he grew up, his father shared his thoughts on money. He said that according to his father, there are three kinds of minds at work when it comes to money.
03.07 / 01:25
COST
UPS
Extreme
CEO
Chase
Retail health insurance grew 68%, higher than any other segment: Rakesh Jain, Reliance General Insurance
The average sum insured in retail health insurance has also gone up from Rs.4 lakh to Rs.7 lakh for Reliance General Insurance in the past two years, Rakesh Jain, CEO, Reliance General Insurance tells ET Wealth.In the recent past, IRDAI has mandated several standardised products, such as those for mental health, surrogacy, etc. Are insurers facing any difficulty in implementing these? When it comes to product development, you need to have certain data to create a product and price it. Mental health plans or IVFs were never under the ambit of insurance, and the confidentiality of data meant that the insurance companies could not understand the risk and pricing.
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