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inflation reports and major bank earnings later in the week. Microsoft, Meta Platforms and Nvidia were the biggest boosts to the S&P 500 index, as the benchmark 10-year Treasury note yield held near 4%and a $37 billion auction of the notes drew above-average demand. Communication services was the best performing of the 11 major S&P sectors, lifted by a 3.65% rise in Meta Platforms' stock, which hit its highest intraday level since September 2021, after Mizuho raised its price target to $470 from $400. Nvidia hit a record high and closed up 2.28% after fellow chipmaker TSMC beat fourth-quarter revenue expectations. After ending 2023 with a strong rally, stocks have struggled to find upward momentum, with the S&P 500 barely positive on the year, as mixed economic data and comments from Federal Reserve officials have led investors to dial back expectations for the timing and size of any rate cuts from the central bank this year. But Wednesday's gains left the index just 0.27% away from its record close of 4,796.56 set on Jan.

Yemen's Houthi rebels on merchant and commercial vessels in the Red Sea area. The resolution, sponsored by the United States and Japan, says at least two dozen Houthi attacks are impeding global commerce «and undermine navigational rights and freedoms as well as regional peace and security.»

Vedanta Resources' (VRL) bond prices rebounded from distressed levels to standard ranges after the London-based holding company, which owns mining, metals and resources assets in India, restructured the debt earlier this month. VRL's 6.125% bond worth $900 million and maturing in August this year, increased from 65 cents to 77 cents post-restructuring. This month, the Anil Agarwal-promoted company got investor approval to recast the debt ahead of a redemption deadline, with more than 97% of VRL bondholders approving the restructuring, particularly for bonds maturing in the next 18 months. VRL was otherwise required to repay $1 billion in debt on January 21, $900 million in August, and $1.25 billion in March 2025.

By Jamie McGeever

By Jorge Otaola

PagerDuty (NYSE:PD) shares rose more than 15% following a report from Bloomberg News that the software company is actively exploring options in response to takeover interest from private equity firms.

A lot is riding on tomorrow’s US consumer inflation report for December for markets, which are pricing in relatively upbeat news.

(Reuters) -Walmart on Wednesday said it had temporarily closed about a dozen stores due to scattered power outages on the East Coast following a massive winter storm that has put more than 90 million people under high wind and flooding advisories.

By Luc Cohen

Mint analyses what the move means for advertisers, users and Google’s $250 billion ad-revenue empire. Google isn’t the first company to move against third-party cookie tracking. Web browsers such as Safari, Mozilla Firefox and Microsoft’s Edge have made it possible to block third-party cookie tracking.

The bankrupt crypto lender Celsius Network has notified its creditors that customers who made substantial withdrawals in the 90 days leading up to the bankruptcy declaration may need to return a portion of the funds or face legal consequences.

turnover in the next three years and has launched the 'Molecule initiative' with an aim to become the world's foremost pain management company. The company is also targeting to propel itself from 56th position to the top 20 pharmaceutical companies in India in the next three years, a statement said.

DA Davidson analysts cut Workday (NASDAQ:WDAY) to Neutral from Buy, maintaining a $300 per share price target in the stock in a note assuming coverage of the stock on Wednesday.

Mint. CORSIA, established by the International Civil Aviation Organization (ICAO), a United Nations agency, is the first global measure to reduce emissions from international flights. In 2016, the ICAO agreed to establish CORSIA framework, to set a carbon-neutral growth target from 2019.

Union Budget 2024: With India’s ambitious clean energy targets reaching a fever pitch, all eyes of the renewable energy sector are set on the upcoming Union Budget 2024. Seen as a pivotal instrument in propelling the nation’s green agenda, the Budget holds the key to unlocking investments, streamlining policies, and accelerating the transition towards sustainable practices.

This week, financial markets are keenly focused on Bitcoin, particularly anticipating the potential launch of the first ETFs based on Bitcoin's spot price.

Redburn analysts cut the rating on Apple (NASDAQ:AAPL) stock to Neutral with a price target of $200 per share price target.

SJVN Ltd have had an impressive run lately. In the past six months, the stock has gained about 94% to ₹91 apiece. Apart from being a key hydro power generator, the government’s increased thrust on adopting renewable energy can help SJVN increase share from solar and wind power.

India Today TV on Wednesday. The BJP is likely to contest on over 400 of the total 543 seats and is looking forward to winning 50 per cent vote share. The India Today report added that the BJP is expected to contest more seats in the 2024 Lok Sabha elections as compared to that in 2019.

₹270, up from the previous ₹148. According to Bank of America, this adjusted target suggests a potential upside of 29% from Tuesday's closing levels. It's noteworthy that this revised target stands as the highest among all price targets set by analysts for Indus Towers.