Shock Financial News
24.11 / 05:30
Action
Strategy
Experts
performer
shock
recommendations
Jefferies adds Coal India, Honasa, Eicher Motors, HDFC Bank, IPru Life to its model portfolio
Coal India, Honasa Consumer ltd, Eicher Motors Ltd, NTPC Ltd, HDFC Bank Ltd and ICICI Prudential Life Insurance Company Ltd to its India model portfolio deploying cash and at the cost of Power Grid Corporation of India Ltd, Marico Industries, Maruti Suzuki India Ltd and NBFCs (Non Banking Financial Companies). In an Equity strategy note Equity analysts-Mahesh Nandukar, Abhinav Sinha, and Equity associate-Nishant Poddar a Jefferies India Pvt Ltd said that they had raised cash tactically in their model portfolio in early September, which they said are now deploying as the key macro concerns around higher US yields, rising oil prices and near-term state election results have subsided.
23.11 / 18:59
Blockchain
Ethereum
ETH
Platform
social
shock
blast
Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project
Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network.
23.11 / 18:08
Twitter
FIVE
CEO
Action
President
reports
shock
Altman’s return to OpenAI is better for Microsoft than an in-house AI lab
OpenAI took fewer than five days. All of which is very, very good for Microsoft Corp. After his shock termination last Friday, Altman returns to a startup with a clearer corporate direction.
23.11 / 17:15
23.11 / 12:53
Citi
shock
Toronto rent: CA$900 for half bed. Watch viral video, know everything about it
Toronto are touching the sky, a recent offer made by a woman in the city has left the people in disbelief. People were shocked when someone offered to rent out half a bed for 900 Canadian dollars a month. People came to know about this difficult-to-believe offer last month when a Toronto-based realtor Anya Ettinger highlighted a post on Facebook Marketplace.
23.11 / 12:53
Manufacturing
Instagram
love
show
shock
Shocking video of making of Rusk stuns netizens. Watch video
Rusk biscuits. Also known as «toast» or «pappe,» Rusk biscuits are a popular accompaniment to chai in India. But have you ever wondered about their manufacturing process? A viral video recently surfaced on Instagram, bringing attention to the shocking process involved in making Rusk biscuits, leaving the online community disheartened.
23.11 / 10:16
economy
show
reports
shock
European shares edge higher with ECB policy minutes on tap
By Shristi Achar A
23.11 / 09:00
Provident
Digital
Platform
TikTok
Instagram
social
shock
Protests, court appeals as Nepal's TikTokers decry government ban on app
TikTok creator Manjita Manandhar was caught off guard when the Himalayan nation banned the popular social media platform last week for disturbing «social harmony and goodwill». «I was shocked as the decision came suddenly,» said Manandhar, who earns about $1,500 a month by making content for restaurants, hotels and brands, and posting them on the app.
23.11 / 08:55
Target
Chevron
Align
country
social
reports
shock
Oil producers face ‘moment of truth’ over green investment, IEA warns
London | Oil and gas producers should be spending about half of their annual investment on clean energy projects by 2030 to be aligned with global climate goals, the International Energy Agency has said.
23.11 / 04:52
Citi
Provident
Reuters
Aware
musician
reports
shock
Sexual harassment
Former musician Jimmy Iovine sued in sexual harassment case
New York alleged that Jimmy Iovine, 70, took part in “multiple instances of sexual abuse and forcible touching of her, including a specific incident of sexual misconduct" that occurred in New York City in August 2007. A lawsuit is expected by the end of the year, but no additional details were provided in the legal filing. Unspecified damages are also sought for alleged sexual harassment by the woman, according to a report by Rolling Stones.
22.11 / 21:29
22.11 / 18:39
economy
country
shock
'There's no money': Argentina's Milei doubles down on economic shock therapy
BUENOS AIRES (Reuters) — Argentina's libertarian President-elect Javier Milei is sticking by his plans for economic «shock» therapy to fix the country's myriad crises from triple-digit inflation to rising poverty and a dearth of foreign currency reserves.
22.11 / 14:43
Ripple
economy
Experts
2020
shock
Low
Rupee volatility low, exhibited orderly movements relative to peers: RBI Guv
Shaktikanta Das on Wednesday said the rupee has witnessed "low volatility" and orderly movements as compared to its peers. Speaking at the annual FIBAC event, Das said household inflation expectations are becoming more anchored, but added that headline inflation is vulnerable to recurring and overlapping food price shocks. It can be noted that the rupee closed at an all-time low of 83.35 against the dollar on Monday, but gained some lost ground in Tuesday's trade.
22.11 / 11:57
FIVE
CEO
shock
Sam Altman to return as CEO at OpenAI
Sam Altman will return to lead OpenAI less than five days after he was pushed out of one of the world’s most valuable startups, setting off a shock back-and-forth drama that transfixed Silicon Valley and the global AI industry.
22.11 / 07:05
22.11 / 06:43
Merit
country
shock
RBI Guv Das flags increasing interconnectivity between banks and NBFCs
banks and NBFCs, Reserve Bank of India's Governor, Shaktikanta Das on Wednesday said banks must constantly evaluate their exposure to NBFCs and exposure of individual NBFCs to multiple banks. «Given the increasing importance of NBFCs (Non-Banking Financial Company), the increasing interconnectivity between banks and non-banks merits close attention.
21.11 / 17:21
Blockchain
Apple
Dreams
Actor
Experts
innovations
shock
Navigating the crypto frontier: Pioneers’ insights for new Web3 professionals
Entrepreneurs and professionals eyeing Web3 are likely both enthusiastic and wary. While seeming “overnight success” stories are alluring, there’s also no doubt that the crypto and blockchain industry has seen its share of bad actors. Further, the unfamiliarity of the industry’s technologies, methods and philosophies can be daunting to a newcomer.
21.11 / 16:12
Target
economy
pandemic
show
reports
shock
500
2024
end
Bank of America sees S&P 500 hitting record 5,000 by the end of 2024
Bank of America Corp. strategists who join a growing chorus of optimistic Wall Street forecasters. The team led by Savita Subramanian is bullish on US equities for next year “not because we expect the Federal Reserve to cut, but because of what the Fed has accomplished." “The market has absorbed significant geopolitical shocks already," they wrote in a note on Tuesday, adding “US exceptionalism is intact." They see the S&P 500 closing at a record 5,000 by the end of 2024, which is 10% higher than Monday’s close.
21.11 / 16:12
CEO
Platform
love
Celebrity
show
country
shock
Small restaurants, cloud kitchens heating up competition: Zomato's Rakesh Ranjan
Zomato has now chalked up two successive profitable quarters, focusing on improving efficiency as it handles more orders and a wider network of restaurants. The online food-ordering platform still has a number of challenges on its plate – getting restaurants to agree with its policies, driving up customer acquisition in a country that still loves to cook at home, and ensuring the overall well-being of its delivery riders. At the company headquarters in Gurugram, Rakesh Ranjan, CEO, Food Delivery, Zomato, spoke at length on the evolving restaurant landscape, inflation, the company’s plans to get more customers to order more frequently, and on chasing profitability.
21.11 / 10:51
Provident
Man
Fox
Action
information
reports
shock
Winner of $1.35B Mega Millions jackpot suing daughter's mother for allegedly telling his family about the win
Check out what's clicking on FoxBusiness.com
21.11 / 03:38
Manufacturing
Highways
Experts
performer
track
shock
etmarkets
ETMarkets Smart Talk: Key risk to watch out! FII flows into Indian equities could slow down: Harini Dedhia
“We believe that foreign flows into Indian equities could slow down. It is not because the world is not convinced about India’s growth, but because given the rates at which treasuries are quoting in the developed markets,” says Harini Dedhia, Portfolio Manager and Head of Research, Tamohara Investments. In an interview with ETMarkets, Dedhia said: “The risk-to-reward ratio is not favorable in looking at equities in general as an asset class; forget Indian equities,” Edited excerpts: We are seeing some turnaround in Indian markets – is it the Diwali dhamaka or Santa rally? Neither really. The last 1-year performance of the Nifty50 has been less than that of a fixed deposit scheme, so to term it a rally would be incorrect.
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