Research Financial News

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Michael Cohen, former attorney and fixer for Donald Trump, admitted to unwittingly using artificial intelligence to fabricate legal citations in a court filing. This revelation surfaces amidst Cohen's ongoing legal entanglements and his role as a potential witness against Trump in various legal proceedings.

Prosecutors in the United States have made the decision not to proceed with a second trial against Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX, which has since gone bankrupt. The FTX drama has reached a turning point with this judgment, which comes after the company was found guilty of stealing from clients a month ago. Bankman-Fried was found guilty on all seven counts of fraud and conspiracy on November 2 by a jury. The charges were on the theft of $8 billion from FTX customers. As a result of this conviction, the former billionaire, whose personal wealth had earlier reached a staggering $26 billion, experienced a huge economic setback.

Dr. Hashima Hasan, stands at the forefront of NASA's groundbreaking discovery, unlocking the universe's enigmatic past. Dr. Hasan, the Deputy Program Scientist of the James Webb Space Telescope and Education and Public Outreach Lead for Astrophysics, played a pivotal role in revealing unprecedented images of distant galaxies, reshaping our comprehension of the cosmos. Her academic odyssey commenced at the University of Oxford, U.K., where she earned a doctorate in Theoretical Nuclear Physics in 1976.

PARIS (Reuters) — Stellantis (NYSE:STLA) announced on Friday that it is investing in French sodium-ion battery startup Tiamat to diversify its portfolio and mass-produce electric vehicles while reducing exposure to scarce resources.

(Reuters) — The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic escalation of the Israel-Hamas war in Gaza.

Wipro, TCS and HCL Tech traded as the top gainers in the Sensex index. Here are five key factors that appear to have led the Nifty 50 to its fresh all-time high: Most IT stocks jumped to strong gains after the December quarter earnings of TCS and Infosys. The Nifty IT index jumped over 5 per cent to hit its fresh 52-week high of 36,482.25 in morning trade.

Stock market today: After the announcement of the Tata Consultancy Services (TCS) Q3 results on Thursday evening (after market close), TCS share price witnessed an upside swing in the morning session on Friday. TCS share price today opened upside at ₹3,848 apiece level on NSE and went on to touch an intraday high of ₹3,8694 mark within a few minutes of the stock market's opening bell. While climbing to this intraday high, TCS shares logged an intraday gain of over 4 per cent.

Infosys and Tata Consultancy Services, Dalal Street investors’ attention will shift to HCLTech and Wipro, who will release their quarterly numbers later today. Brushing off the seasonality factor, HCLTech is expected to report strong earnings for the December quarter, while Wipro may continue to disappoint the market. If we look at the performance of HCLTech and Wipro stocks in the last quarter, then the former has rallied nearly 19% and the latter about 16%. Entering into the new year, HCLTech shares are still holding on to gains, whereas the frenzy fizzled out in Wipro as the stock has corrected about 5% so far this month. Whether Wipro shares will correct further or HCLTech shares sustain the upward momentum depends upon their earnings scorecard.

Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but expects prices holding above $70 per barrel in 2024 as OPEC+ keeps global oil markets «finely balanced». Citi cut its 2024 Brent price forecast by $1 to $74 per barrel and slashed 2025 forecast by $10 to $60 per barrel, but said in a note that recent activity in the Red Sea causing further tension in the Middle East could see near-term upside to the risk premium. The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic regional widening of the Israel-Hamas war in Gaza. Brent crude futures were trading around $79 a barrel at 0337 GMT on Friday, while U.S.

Stock market today: On account of strong global market sentiments ahead of the US inflation data release, the Indian stock market finished higher for the third straight session on Thursday. The Nifty 50 index added 28 points and closed at the 21,647 level, the BSE Sensex went up 63 points and closed at the 71,721 mark while the Bank Nifty index ended 77 points higher at the 47,438 level. Broad market indices rose more than the Nifty even as the advance-decline ratio rose to 1.65:1.

Tata Consultancy Services (TCS) said its consolidated net profit rose 2% on-year to Rs 11,058 crore in the December quarter even as its closest rival Infosys recorded a 7.3% decline at Rs 6,106 crore, due in large part to an unprecedented cyber-attack as well as hefty wage hikes. The muted YoY numbers found an echo in the sequential performance, with TCS reporting a 2.5% QoQ drop in profits in the third quarter of fiscal 2024, while that of Infosys declined 1.7%. Meanwhile, revenue dropped 0.4% sequentially for Infosys, while it rose 1.5% for TCS.

Scientists have assembled a huge database of prehistoric DNA based on the teeth and bones of around 5000 humans. Those humans lived across Western Europe and in certain parts of Central Asia, 34,000 years ago till the medieval times, as per a report. A thorough analysis of the distinctive and comprehensive pool of this prehistoric genetic information has revealed that the genes might have once been the protectors of the ancient hunter–gatherers or the shepherds of the Bronze Age from damaging pathogens. Further, the studies reveal that the genes may at present lead to a rise in the likelihood of neurodegenerative diseases which include Alzheimer's and multiple sclerosis in Europeans, CNN reported.

Mamata Banerjee has written to Prime Minister Narendra Modi on Thursday seeking recognition of Bengali as a classical (Dhrupadi) language. She also urged the PM Modi to change Bengal's name to 'Bangla'. «We passed the name „Bangla“ in the state assembly twice but the Centre is not listening to us despite writing to them several times. If the names of states like Orissa and Bombay can be changed, then why not Bengal?» Banerjee said. «When we go to any meeting, West Bengal, due to alphabetical reasons, has to wait till the last.

Boeing Chief Executive Officer Dave Calhoun got emotional at an all-hands meeting as he described the hole blown into the side of one of his company’s planes. I admit to being sceptical when I first read about his public display of feelings. “Oh, come on," I thought, “Just fix the planes." Then I watched the video.

By Joan Faus and Nell Mackenzie

(Reuters) — Chesapeake Energy (NYSE:CHK) said on Thursday it would buy smaller rival Southwestern Energy (NYSE:SWN) in an all-stock transaction valued at $7.4 billion, a deal that would enable the second-largest U.S. natural gas producer to take the top spot.

Indian Space Research Organisation (ISRO) chief S Somanath said the country will build a space station by 2035 and an Indian presence on the moon by 2040. The ISRO chief was speaking at the International Space Conference 2024 in Gandhinagar, Gujarat. Reflecting on the recent successes and the guidance provided by Prime Minister Narendra Modi, Somanath said the prime minister has always been a fervent advocate for the space endeavours of India.