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Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: a Sell initiation at Tesla, and downgrades at Ginkgo Bioworks, Navient, and Masonite International.

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ICC World Cup tickets: The tickets for the semi-finals and finals match went live at 8:00 PM on Thursday and many users reported that the website crashed owing to the high traffic. The ticket hopefuls who managed to enter the website were welcomed by a 90-minute waitlist. The fans were waiting for the semi-finals and finals tickets for a long and even kept multiple systems at hand to increase their chances at grabbing a ticket.

Apple Inc. risks having to pay a €13 billion ($14 billion) tax bill to Ireland after an adviser to the European Union’s top court said the iPhone maker’s victory in an earlier challenge should be thrown out.

The Association of Mutual Funds in India’s (AMFI) directive to fund houses regarding the use of projected returns in advertisements is a step in the right direction to curb mis-selling, say MF executives and distributors.

₹155 to ₹59,854. As per Bloomberg too Gold spot prices at ₹162,247.31 per ounce were down 0.81 or by ₹1321.75. Thursday already had seen weak opening for Gold in the retail markets and the 24 carat gold price at Rs.6135.0 per gram was down by Rs.150.0.

Over the past 8 days, several key factors, from the recent Fed meeting to US economic data and a series of statements by Federal Reserve board members, have halted the EUR/USD pair's resurgence. Currently, the pair finds itself amidst a broad correction, but there's still a possibility that the uptrend could resume.

Qatar Investment Authority is examining opportunities to invest in China's retail, healthcare, tech and logistics sectors, said Abdulla Al-Kuwari, head of the fund's unit Qatar Investment Authority Advisory (Asia Pacific). Those opportunities could involve public and private companies, Al-Kuwari said on Thursday during the Caixin Summit in Beijing.

It was only a matter of time. Antony Catalano has taken his first official step towards spoiling ASX-listed ARN Media’s plans to acquire rival Southern Cross Austereo, Street Talk can reveal.

HSBC analysts initiated research coverage on Tesla (NASDAQ:TSLA) stock with a Reduce rating and a $146 per share price target.

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India's consumer price inflation likely eased further to a four-month low of 4.80% in October, closer to the Reserve Bank of India's 4% medium-term target, according to a Reuters poll. Volatile food prices, which make up about half of the consumer price index (CPI) basket, have probably moderated, following a spike in July and August. However, prices of onions, a staple in Indian cooking, are still rising sharply. The Nov.

BSF Director General Nitin Agrawal said here Thursday. He attended and inspected a passing out parade of 599 recruits of the BSF at Subsidiary Training Centre (STC) Kashmir at Humhama on the outskirts of the city. Agrawal said the attempts take place every year as the other side tries to push in a maximum number of militants before the snowfall.

(This story originally appeared in on Nov 09, 2023)

Vande Bharat trains next year. As per a TOI report by Smriti Jain, the railways is also taking steps to enhance passenger safety by introducing «anti-injury» fittings in its coaches. The TOI report quoting, BG Malya, General Manager of Integral Coach Factory (ICF) Chennai said that ICF is targeting about 500 to 550 Vande Bharat trains for the next year.

Buy or sell stocks: As Diwali Muhurat trading 2023 is fast approaching, stock market investors are looking for value picks, which is expected to generage alpha return in long term. For such investors, Sumeet Bagadia, Executive Director at Choice Broking has some investment tips that investors may like to look at.

Prestige Estates Projects surged 11 percent to their record high in 2 sessions after the realty firm posted its best-ever results for the quarter ended September, driven by successful launches. The company recorded its highest-ever quarterly sales of ₹7,092 crore by selling 3,659 units in the September quarter. Just in today's (November 9) session, the stock gained as much as 5.4 percent to its all-time high of ₹877.50.

India is planning to ease and expand some norms for five sectors to help them better utilise its $24 billion industrial incentives aimed at boosting local manufacturing, two government officials said on Thursday. The 1.97-trillion rupees production-linked incentive scheme (PLI), launched in 2020, covers 14 sectors ranging from electronic products to drones but has been successful only in a handful of them, triggering reviews. The changes are being planned in the textiles, pharmaceuticals, drones, solar and food processing industries, which together form nearly a third of the PLI scheme. The government plans to include more products in the textile sector such as man-made fibre and give firms an additional year to meet the manufacturing targets required to claim incentives for the scheme, the officials said. The scheme will also be extended by a year for the pharmaceuticals sector, while the financial allocation will be raised for incentive payouts to the production of drones to 3.3 billion rupees from the current 1.2 billion rupees, the officials added. For the food processing sector, India plans to extend the scheme to millet-based products and include the production of ingots and wafers in the scheme for the solar module sector, the officials said. India's trade ministry, which oversees the scheme's implementation, is discussing the changes with other federal departments, they said. The officials did not wish to be named as details of the discussions have not been made public. The trade ministry did not respond to an emailed request for comment. «None of the changes currently being discussed require fresh financial allocation, but will draw from the scheme's savings,» one of the officials said. Consumer-goods

Moody’s Investor Service, reaffirming its 6.7% growth forecast for the Indian economy for 2023. “With exports remaining weak amid an unfavourable global economic backdrop, strong domestic demand will likely sustain growth in the near-term,” the research firm said Thursday, predicting the Indian economy to grow 6.1% in 2024 and 6.3% in the subsequent year. India’s economy grew 7.8% in the April-June quarter; Moody’s expects growth momentum to have continued in subsequent quarters. “High-frequency indicators show that the economy's strong Q2 momentum carried into Q3.

Fuels supplier Viva Energy is targeting nearly a 150 per cent jump in earnings from its convenience and fuels retailing business in five years, after paving the way for a huge expansion in convenience retailing that will also make it one of the country’s biggest employers.

Chris Ellison has continued his lithium spending spree, pumping more than $19 million into Wildcat Resources on Thursday as it raised $100 million.