Track Financial News
01.12 / 00:42
Aviat
Airlines
President
Experts
track
prevention
Safety officials release details of their investigation into a close call between planes in Texas
Safety officials are releasing details of their investigation into a close call between a FedEx plane and a Southwest Airlines jet earlier this year in Austin, Texas
30.11 / 19:11
30.11 / 18:49
Target
ByteDance
Pinduoduo
track
social
2020
Alibaba set to lose no. 1 ecomm player spot to PDD
Alibaba Group Holding is set to lose its position as China's most valuable e-commerce firm to eight-year-old upstart PDD, a watershed moment for an internet industry that Jack Ma's firm dominated for more than a decade. Alibaba slid as much as 1.4% in Hong Kong, putting its market value at about $187 billion and on track to close below US-listed PDD Holdings' $188.3 billion, according to Bloomberg calculations. PDD, the company best known for hit US shopping app Temu and domestic bargains trailblazer Pinduoduo, closed nearly 2% higher in New York on Wednesday. The once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken co-founder, kicking off a sweeping crackdown on the powerful tech sector.
30.11 / 18:33
Strategy
Enterprise
performer
track
information
reports
5 famous investing mantras by Chuck Akre that explain his success in the stock market
Gaining knowledge from the most accomplished individuals enables you to thrive. This clarifies why many investors eagerly heed the insights of Chuck Akre, an American investor, financier, and businessman. As the founder of Akre Capital Management, Akre underscores how his perspectives are significantly shaped by the writings of Warren Buffett, particularly in relation to his understanding of creating shareholder value.
30.11 / 17:39
Target
Digital
Platform
Experts
track
reports
shock
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Elizabeth Warren emphasized the growing danger of cryptocurrency scams targeting seniors. Steve Weisman, a cybersecurity expert, supported Warren's proposed Digital Asset Anti-Money Laundering Act, aimed at curbing these scams.
30.11 / 17:34
Target
FIVE
Gap
economy
show
track
reports
Rate Cut
Rate Cut Expectations Drive Historic Bond Rally: How Long Can It Last?
Investors are increasing their collective bets that the Federal Reserve will soon start cutting interest rates – a bet that went into overdrive this week and ignited the strongest rally in bonds in 40 years.
30.11 / 13:27
30.11 / 13:27
FIVE
show
performer
stage
track
Updates
Rajasthan Exit Polls 2023 LIVE Updates: BJP coming to power after 5 years, predicts most exit polls
Rajasthan Exit Polls 2023 LIVE Updates: From 6:30 pm onwards on Thursday news channels will begin airing the results of exit polls carried out by the respective survey agency they tied up. More than 74% of the electorate in Rajasthan voted this time in a bipolar contest involving the Congress and the BJP to elect a new government. The Congress is aiming to buck the trend of the ruling party being voted out every five years, while the BJP is eyeing a return in the state ahead of the Lok Sabha polls next year.
30.11 / 12:40
Kroger
President
show
performer
track
voice
inflation data
Dow futures climb ahead of key PCE inflation data
Investing.com — U.S. stock futures rose Thursday, ending a largely positive month on a strong note ahead of the release of important inflation data which could offer clues of future Federal Reserve interest rate intentions.
30.11 / 12:39
Target
Manufacturing
CEO
Celebrity
performer
track
voice
Futures edge higher, PCE data ahead, OPEC+ meeting looms - what's moving markets
Investing.com -- The major stock indices in the U.S. head into the final day of trading in November on pace to post their best months since last year. Markets are also gearing up for the publication of the Federal Reserve's favored inflation gauge, as traders attempt to suss out the central bank's future policy plans. Elsewhere, Microsoft (NASDAQ:MSFT) is set to take a position on the board of OpenAI following days of tumult at the celebrated artificial intelligence start-up.
30.11 / 11:41
Target
JPMorgan
Experts
track
500
2024
JPMorgan’s S&P 500 outlook for 2024 is grimmest on Wall Street
Wall Street strategists call for all-time highs in US stocks in the year ahead, JPMorgan Chase & Co. stands apart, releasing the gloomiest forecast so far among its peers. The S&P 500 Index is set to drop to 4,200 by the end of 2024 — roughly 8% from its current level — as global growth decelerates, household savings shrink and geopolitical risks remain high with national elections including those in the US that could add to policy volatility, according to Dubravko Lakos-Bujas, the bank’s chief global equity strategist.
30.11 / 11:12
Target
Reuters
Nov
Browser
track
Inside
recommendations
European shares rise on miners, energy boost ahead of key inflation readings
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30.11 / 10:58
Provident
Target
BLOCK
Digital
Platform
track
information
ad
Meta Platforms' ad-free service targeted in EU consumer complaint
Meta Platforms' advertising-free subscription service, a fee-based offering rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on Thursday as it took its grievance to consumer protection authorities. The joint complaint from the European Consumer Organisation (BEUC) and 18 of its members to the network of consumer protection authorities (CPC) came two days after advocacy group NOYB filed a complaint with the Austrian privacy watchdog, saying Meta's new service amounted to paying a fee to ensure privacy.
30.11 / 10:39
CEO
track
White Lotus Group raises Rs 150 crore from Luxe Port Group
luxury real estate company, has raised Rs 150 crores from Dubai-based Luxe Port Group of Companies to expand its presence and fuel growth. The company will also use the capital to upgrade technology and strengthen the leadership team. The Bengaluru-based company will build a 2.5 million sq.
30.11 / 10:39
President
track
Rice on cusp of fresh 15-year high in Asia after sharp rebound
Rice prices are on track for a new 15-year high, threatening to spark more angst in Asia and Africa where the grain is the staple for billions. Thai white rice 5% broken — an Asian benchmark — has jumped by $57 over the past two weeks to $640 a ton following a period of relative calm, putting prices just short of the highest level since October 2008. That milestone was reached in early August in the wake of sweeping export curbs from top shipper India. Increased demand for Thai rice from unexpected buyers such as Brazil and the Philippines has contributed to the rise, said Chookiat Ophaswongse, an honorary president of the Thai Rice Exporters Association.
30.11 / 08:45
Man
awards
Experts
track
recommendations
gatherings
record high
Quant Mutual Fund, US-based FII Minerva Ventures Fund invest in Man Infraconstruction stock. Share hits record high
Man Infraconstruction. These institutional investors invested in Man Infraconstruction company via preferential offer route. The board of directors of the company approved share allotment to these fund houses at a price of ₹155 per share.
30.11 / 08:23
BLOCK
Waters
stage
track
Inside
reports
Department
500
Over 2,500 passengers left stranded after train staff say duty hours over
The incident occurred at Burhwal junction of Barabanki district in Uttar Pradesh on November 29, Times of India reported. Passengers had to face a lot of hassle as there was no water, food or power supply inside the train. They staged a protest, and came onto the rail track blocking the movement of an express train. It involved the Saharsa — New Delhi Special Fare Chhath Puja Special (04021) and the Barauni-Lucknow Junction Express (15203).
30.11 / 07:05
IPO
Booking
WhatsApp
Experts
track
recommendations
Tata Technologies leads the IPO bumper listing, Gandhar Oil, FedFina shares follow the suit
Tata Motors. Tata Technologies shares got listed at ₹1,200 apiece on NSE, a premium of 140% to the issue price of ₹500 per share. This was the best listing in the Indian stock market since November 2021.
30.11 / 05:59
Manufacturing
economy
show
performer
track
Asia FX rally stalls on China weakness, dollar steadies before PCE data
Investing.com-- Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the dollar steadied from recent losses as markets awaited a key inflation reading due later in the day.
30.11 / 05:11
30.11 / 04:41
IPO
Provident
FIVE
Experts
track
cover
Financial
Fedbank Financial stock lists at 2% discount over issue price
Fedbank Financial on Thursday got listed with a discount of 1.6% on BSE on debut at the bourses on Thursday. The stock was listed at a premium of Rs 137.75. Meanwhile, on the NSE the stock was listed at Rs 158, down 1.4%. The IPO, which was priced in the range of 133-140, received subscription demand twice the shares on offer. «Despite the company's strong track record of growth and profitability, along with its diversified customer portfolio and focus on providing affordable financial solutions to underserved and unbanked segments, the lack of enthusiasm among investors is striking,» said Shivani Nayti of Swastika Investmart. Net proceeds from the fresh issue will be utilised towards augmenting Tier–I capital base to meet its future capital requirements, arising out of the growth of business and assets.
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