Target Financial News
08.07 / 09:39
BTC
Target
Digital
CEO
Remark
BitMEX
Bitcoin
Support
Bitcoin Price Prediction as BTC Builds Strong Support at $30,000 Level – Where is BTC Going Next?
Bitcoin, the leading cryptocurrency, has been gaining momentum as it establishes a strong support level at $30,000. The recent insights from industry experts add an interesting perspective to Bitcoin's future.
08.07 / 08:39
Target
Limelight
India biggest source market, likely to stay so for next couple of years: Sri Lanka Tourism Promotion Bureau
India is the biggest market for Sri Lanka in terms of tourism arrivals and that is likely to be the case in the long term as well, said said Chalaka Gajabahu, chairman, Sri Lanka Tourism Promotion Bureau (SLTPB), the government body responsible for handling all marketing and promotion activities for the island nation. «In terms of numbers, right now, India is the number one source market for us and I'm pretty sure it's going to stay there for the next couple of years and for our long term plans as well,» he said. Gajabahu said the country has already got over 600,000 incoming tourists till June 30.
08.07 / 06:47
Target
FIVE
Booking
Strategy
NIFTY
TCS
consolidation
Canara Bank showing signs of breakout from long consolidation phase: Rupak De
After rallying 10.5% this week, PSU bank stock Canara Bank is showing signs of a potential breakout from a long consolidation phase, says Rupak De, Senior Technical analyst at LKP Securities.“A bullish rounding bottom formation has been formed, further confirming the positive outlook for the stock. This pattern indicates a potential reversal in the trend from bearish to bullish,” says the analyst who has a target price of Rs 355 and Rs 370 on the counter.Edited excerpts from a chat:Nifty has now been scaling new peaks every other day. Are the charts giving overbought signs? On Thursday, the Nifty reached another all-time high after two days of consolidation, indicating a breakout in the upward direction.
08.07 / 06:01
08.07 / 06:01
Lowe's
Target
Booking
NIFTY
SENSEX
week
Buy or sell: Sumeet Bagadia recommends three stocks to buy next week
Buy or sell stocks: After rallying for seven straight sessions, Indian stock market witnessed profit booking on Friday in the week gone by. NSE Nifty closed 165 points lower at 19,331 levels while BSE Sensex corrected 505 points and ended at 65,280 mark. Bank Nifty slipped below 45,000 levels and ended at 44,925 levels.
08.07 / 04:27
UPS
Target
Booking
Mind
Mind Over Money: This Rs 2200 cr fund manager has set a target of 10,000 steps daily to help him stay mentally and physically fit
“To instill discipline in this routine of mine, I try to ensure I cover the minimum 10k steps daily target that I have set for myself every day,” says Aniruddha Sarkar, Chief Investment Officer, Quest Investment Advisors. In an interview with ETMarkets, Sarkar who manages over Rs 2200 cr in AUM said: “I would suggest everyone to pick at least one sport in their busy professional life and be involved in it as often as time permits” Edited excerpts:Thanks for being a part of the segment. With decades of experience in capital markets, how do you keep yourself mentally and physically fit? Our profession entails long hours of sitting at desks going through reading material content either in physical copies or online.
08.07 / 04:27
Target
Progressive
CEO
Strategy
Align
Shipping regulator falls short of 1.5C-aligned climate goals
The International Maritime Organization adopted a net zero target for 2050, with interim “checkpoints” by 2030 and 2040. If followed, the new strategy would not cut shipping emissions quickly enough to align the industry’s pollution with the Paris Agreement’s stretch goal to limit global warming to 1.5C, the experts said. “This agreement is not aligned with international shipping doing its part to limit global warming to 1.5C,” said Bryan Comer, marine program lead at the International Council on Clean Transportation, a non-profit.
08.07 / 04:27
Target
Waters
JPMorgan
Fighting
Citigroup
Chase
week
5 world market themes for the week ahead
1/ UNDER PRESSURE Markets have come around fast to the Fed's view that instead of being cut anytime soon, rates will remain high for longer. After another brutal bond sell off, focus turns to Wednesday's U.S. inflation data.
08.07 / 04:21
Twitter
Target
CEO
elon
Elon Musk replies to his own parody Twitter account. Here's what he says …
Threads, Meta's new app, is facing a potential legal battle as Twitter has reportedly issued a letter to CEO Mark Zuckerberg threatening to sue. CNN reports suggest that Twitter accuses Meta of engaging in trade secret theft by hiring ex-Twitter employees.
08.07 / 04:21
Target
CME
ADP
Comerica
June jobs report likely to point to resilient labor market
Circle Squared Alternative Investments founder Jeff Sica discusses the rapid expansion of artificial intelligence on «Varney & Co.»
08.07 / 03:21
UPS
Target
Cooper
Williams
Fighting
Morningstar
Support
Janet Yellen urges China to support existing institutions to fight climate change
China, as the world's two largest economies, must work together to combat the «existential threat» of climate change, U.S. Treasury Secretary Janet Yellen told Chinese government officials and climate experts on Saturday.
08.07 / 03:21
UPS
Target
Goldman targeted by Chinese media for bearish bank view
Goldman Sachs Group research after the securities firm's analysts recommended selling shares of local banks, the latest sign of official attempts to counter negative sentiment in markets as the economy slows. The market shouldn't take a bearish view on Chinese banks based on pessimistic assumptions, and negative premises are misinterpretations of the facts, according to a Securities Times report Friday, referring to a Tuesday research note from Goldman. Banks have been actively lowering their exposure to property loan risks, while local governments have stepped up efforts to ease debt risks, the Securities Times said.
08.07 / 03:21
Citi
Target
FIVE
Waters
Fighting
500
UN slams civilian toll as Russia's war in Ukraine reaches day 500
Russia's war in Ukraine as the fighting passed the 500-day mark with no end to the conflict in sight. More than 9,000 civilians, including 500 children, have been killed since Russia's February 24, 2022 invasion, the UN's Human Rights Monitoring Mission in Ukraine (HRMMU) said in a statement on Friday, though UN representatives have previously said the real count is likely to be much higher.
08.07 / 02:29
COST
UPS
Lowe's
Target
FIVE
Financial
M&M Financial stock tumbles over 5% on BofA securities downgrade
BofA Securities downgraded the stock by one notch to 'neutral' and saw limited upside in its near-term stock price. The US brokerage cited the stock's premium valuations and said expectations of high NIMs and opex could disappoint in the near-term. The stock trades at 2.2 times its forward price-to-book value — above its long-term average.Shares of M&M Financial were among the top five losers in the NSE 500 universe.
08.07 / 01:25
UPS
Citi
Provident
Twitter
Target
Booking
lawmakers
Indian
US lawmakers
Indian consulate attack: US lawmakers, Indian-American bodies condemn incident, seek thorough probe
Indian consulate in San Francisco and called for a thorough probe into the incident so that the perpetrators are brought to justice. While the right to protest is ingrained in the US Constitution, no one has the right to engage in violence, they said in separate statements and tweets on Friday. They also condemned the threats issued to Indian diplomats, including India's Ambassador to the US Taranjit Singh Sandhu, by separatist Sikhs and called on the Biden administration to ensure safety of foreign diplomats.
08.07 / 00:25
UPS
Target
Amazon
BlackRock
Saba Capital
New York activist Saba Capital follows VGI Partners with Pengana buy
Saba Capital has built a 5.02 per cent stake in Pengana International Equities, which is trading at a 16.7 per cent discount to its asset backing, just two weeks after the New Yorker activist investor went substantial at VGI Partners Global Investments.
08.07 / 00:25
COST
UPS
Target
Gap
Strategy
Forrester
$2b hydrogen fund to target ‘flagship’ projects
Small players are the biggest losers from the federal government’s $2 billion hydrogen fund based on new proposals showing it will focus on two or three flagship projects to expand the scale of electrolyser capacity to 1000 megawatts by 2030.
07.07 / 23:47
UPS
Provident
Lowe's
Target
Patrick
Threat
US sends cluster bombs to Ukraine despite civilian threat
The US said it will send cluster bombs to Ukraine as part of a new push to support the country’s counteroffensive and boost its dwindling stocks of ammunition, overruling concerns that the weapons often fail to explode and pose a grave danger to civilians. President Joe Biden called the move a “difficult decision" given the risk posed by cluster bombs, but said Russia has been raining the munitions on Ukraine for months.
07.07 / 21:19
UPS
Target
NASDAQ
DOW
Costco
Stock market today: Dow slips as slowing job growth fails to dent July hike bets
Investing.com — The Dow notched a weekly loss after closing lower Friday as traders weighed a weaker monthly jobs report for June that missed estimates for the first time in 15 months against expectations that the Federal Reserve still remains likely to resume rate hike later this month.
07.07 / 21:01
07.07 / 20:59
Target
Aviat
SUN
Manufacturing
Mobile
Fitch
rights
IOC board approves ₹22,000 cr rights issue, JV for battery swapping
₹22,000 crore through rights issue. The board of the public sector oil marketing major on Friday approved the raising of capital through rights issue. In a regulatory filing, the company said its board has approved “raising of capital by way of issue of equity shares on right basis upto an amount not exceeding ₹22,000 crore, subject to receipt of necessary statutory approvals as may be required".
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