FIVE Financial News
06.07 / 05:33
COST
UPS
FIVE
Merit
Action
NOT
Not much margin of safety in most stocks on a bottom-up basis: Sanjeev Prasad
«So specifically in the case of the premium two-wheeler segment, Eicher is making very high profitability. It was a dominant player. It is the only player for all practical purposes on the 90% market share in the more than 250cc segment,» says Sanjeev Prasad, Kotak Institutional Equities.It has been a very good summer 2023. And now India's positioning in last one year has changed completely. There seems to be a FOMO by FIIs and there seems to be a lot of excitement among HNI as well as domestic investors. Do you think this market rally will last given the liquidity conditions are so benign or it is now time to really get cautious?Yes, I do not know if it will last or not last.
06.07 / 05:33
COST
UPS
FIVE
Extreme
Manufacturing
Fighting
The West Again Learns That War Needs Industry
Behind the deadly front lines where Ukrainian and Russian soldiers are locked in combat, a less-noticed life-or-death battle is raging to keep troops supplied with arms and ammunition. The side that loses that fight is the one that will lose the war. It is a lesson Washington is relearning.
06.07 / 04:57
Twitter
FIVE
elon
This is how Elon Musk reacts on launch of Meta’s Threads app.. Twitter floods with hilarious memes
app by Instagram, offers users the ability to share text, and links, and engage in conversations by replying to or reposting messages from fellow users. However, several users on Twitter taking sides with Elon Musk have reacted on how the Meta’s new Threads app has been created. Recently, a Twitter user with the handle DogeDesigner (@cb_doge) mocked Meta’s new Threads app with his latest post.
06.07 / 04:57
Twitter
FIVE
Power
NOT
All Tamasha: Kapil Sibal says Maharashtra political crisis is ‘about loaves of power, not people’
Tamasha (mockery)’. He also pointed out that the entire episode does not involve people but ‘loaves of power’. He took to Twitter to say, Maharashtra Politics.
06.07 / 04:45
UPS
Twitter
FIVE
Platform
Apple
elon
Mark Zuckerberg vs Elon Musk: Meta’s Twitter clone Threads sees 5 million signups in 4 hours
Meta boss Mark Zuckerberg has floated an alternative to the microblogging platform, called ‘Threads’, and people are making a beeline for it. In just four hours of its launch, the social media platform has recorded over five million signups, Zuckerberg announced on Thursday.Threads also topped the charts in terms of downloads on the iOS App Store. Earlier, Zuckerberg had posted that Threads saw over two million downloads just two hours after launch.
06.07 / 04:27
Twitter
FIVE
elon
This is how Elon Musk reacts on launch of Meta’s Thread app.. Twitter floods with hilarious memes
app by Instagram, offers users the ability to share text, and links, and engage in conversations by replying to or reposting messages from fellow users. However, several users on Twitter taking sides with Elon Musk have reacted on how the Meta’s new Threads app has been created. Recently, a Twitter user with the handle DogeDesigner (@cb_doge) mocked Meta’s new Threads app with his latest post.
06.07 / 04:27
UPS
Target
FIVE
Strategy
Yes Bank shares extend gain on fifth day in a row. Should you buy in this rally?
Yes Bank shares have been in uptrend for last five sessions. After trading sideways for near two months, Yes Bank share price has risen from ₹16.05 to ₹17.45 apiece levels in last five sessions, delivering near 9 per cent in this time.
06.07 / 03:57
UPS
FIVE
Manufacturing
Mobile
Samsung
Low
Results preview: Persisting chip glut to pull down Samsung's profit to 14-year-low
Samsung Electronics' June-quarter profit is expected to plunge 96% year-on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut. Operating profit for the world's biggest maker of memory chips, smartphones and TVs likely fell to 555 billion won ($427 million) in the April-June quarter, according to a Refinitiv SmartEstimate from 27 analysts, weighted toward those who are more consistently accurate.
06.07 / 03:53
UPS
FIVE
Man
Dalai Lama's 88th Birthday: Five powerful quotes by the Tibetan spiritual leader
Dalai Lama, Tenzin Gyatso was born on July 6, 1935 to a farming family in Taktser, Amdo, northeastern Tibet. Born as Lhamo Dhondup, he was recognized as the reincarnation of the 13th Dalai Lama Thubten Gyatso after identifying some objects that belonged to the latter. In 1959, the Dalai Lama came to India after the brutal suppression of Tibetan uprising by the Chinese army.
06.07 / 03:13
FIVE
Remark
Threat
Maharashtra: Is Ajit Pawar's ‘want to become CM’ comment a direct threat to Eknath Shinde?
Maharashtra, Ajit Pawar on Wednesday expressed his aspiration to become the state's Chief Minister. The remark by the NCP leader, who has never hidden his chief ministerial ambitions, is certain to unsettle Chief Minister Eknath Shinde, whose Sena-BJP coalition government completed one year last week. "I was sworn in deputy CM five times.
06.07 / 02:45
COST
UPS
Provident
FIVE
How do family offices analyse market differently from ordinary investors? Ashutosh Bishnoi answers
«Of course, the family office concept goes beyond that a little bit. It gets into governance of the family, the succession and things like that as well,» says Ashutosh Bishnoi, Director, Multi-Act.How do you see this entire family office kind of structure taking shape in India that you have also chosen this as your next innings?Yes, you are absolutely right. What has happened in the last about 20 odd years in India that a tremendous amount of wealth has been generated by successful business families.
06.07 / 02:45
UPS
FIVE
Reuters
Cooper
Oil prices
Oil prices steady as China demand fears offset tighter supply forecasts
Oil prices moved little in early Asian trade on Thursday as the prospect of tighter supply with output cuts from Saudi Arabia and Russia and a bigger-than-expected drop in U.S. crude stocks were offset by worries over a sluggish demand recovery in China. Brent crude futures was down 2 cents to $76.63 a barrel by 0038 GMT after settling up 0.5% the previous day.
06.07 / 01:55
UPS
Target
FIVE
JPMorgan
Boeing
debate
Pound stutters as debate on BoE rate hike path heats up
Investing.com — The pound was largely unchanged against the dollar Wednesday, as the debate continued on how far the Bank of England needs to go to bring inflation under control, with some calling for just two more hikes, while others warning of several more hikes.
06.07 / 01:53
COST
Lowe's
FIVE
Railways contemplating fare reduction for short-distance Vande Bharat routes
Vande Bharat trains that have been experiencing low occupancy. Railway officials have stated that this fare reduction is being implemented to make the train fares more affordable and accessible to the general public, as reported by The Hindustan Times. “Fares of Vande Bharat trains on the Indore-Bhopal, Bhopal-Jabalpur, Nagpur-Bilaspur routes and a few more are being reviewed and may be reduced for attracting more travellers," an official close to the development told HT.
06.07 / 01:53
Citi
FIVE
Southern
Mexico bus crash: 29 dead, 19 injured in tragic accident in Oaxaca
A bus crashed into a ravine in southern Mexico early on Wednesday morning, killing at least 29 people and injuring another 19, according to state officials. The bus, traveling from Mexico City through southern Oaxaca state, crashed at around 6:30 a.m.
06.07 / 01:47
FIVE
Harley, Bajaj Triumph to put a spoke in Eicher’s wheel? Nischal Maheshwari answers
Nischal Maheshwari, CEO-Institutional Equities, Centrum Broking, says Harley's launch is at a very good price actually. At less than Rs 3 lakh, it is available at a very attractive price compared to Enfield’s 400cc which is going at Rs 3.5 lakh So, there is going to be pressure and there is a fairly good following in the higher price, higher capacity segment of Harley across the world. Then Bajaj is coming with Triumph.
06.07 / 01:35
FIVE
Man
Mobile
Updates
Manipur crisis: Internet ban extended in the state till 10 July | Top 10 updates
Telecom Services (Public Emergency or Public Safety) Rules, 2017, having satisfied that the situation is likely to cause serious disturbances to the peaceful co-existence and maintenance of public order, do hereby order further suspension/curbing of mobile data services, internet/data services including broadband viz. Reliance Jio Fibre, Airtel Xtreme Black, BSNL FTTH, VPN etc. and internet/data services through VSATS of Bharatnet Phase-II in the territorial jurisdiction of the State of Manipur," an official notification said.
06.07 / 01:33
FIVE
Williams
Metro
Discover
South Africa: 24 dead in Boksburg following suspected gas inhalation
Boksburg, Ekurhuleni on Wednesday night, reported TimesLIVE. The gas, nitrate oxide, was reported to have leaked from a gas cylinder used by zama-zamas, who work out of a shanty in the informal settlement.Ekurhuleni EMS spokesperson William Ntladi said officials were still searching for other victims at the scene, as per TimesLIVE. TimesLIVE is a South African online newspaper that started as The Times daily newspaper.
06.07 / 00:47
COST
UPS
Provident
FIVE
TCS
guidance
Q1 IT preview: Weak macros signal dull quarter for IT, firms may narrow guidance
Infosys and HCLTech may also trim the upper end of their revenue guidance range for the ongoing fiscal 2024, and the recovery predicted by the IT companies for the second half of the fiscal year is likely to be subdued, they said. The average of five analyst estimates collected by ET suggests Tata Consultancy Services, Infosys, HCLTech and Wipro to report a 0.35% increase quarter-on-quarter revenue for the quarter ended June 30, excluding changes in currency rates. The three months ending June 30 is usually considered a strong quarter for the sector.
05.07 / 21:05
UPS
FIVE
Career
Southern
America’s Retirees Are Investing More Like 30-Year-Olds
Older Americans keep rolling the dice in the stock market, ignoring the conventional wisdom to protect their nest eggs by shifting more of their investments to bonds. Nearly half of Vanguard 401(k) investors actively managing their money and over age 55 held more than 70% of their portfolios in stocks. In 2011, 38% did so.
05.07 / 21:05
UPS
FIVE
Extreme
Ford
Racing
How China Came to Dominate the World’s Largest Nickel Source for Electric Cars
Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were none. What changed? Chinese companies had a breakthrough.
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