Trade Financial News

Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company. Fresh worries about smartphone demand have pushed Apple's shares down 4% so far in 2024 after rallying 48% last year. Microsoft is up about 2% year to date after surging 57% in 2023.

UAE-India Business Summit, held under the theme of “Two Nations, One Vision”, took place on the side-lines of the Vibrant Gujarat Global Summit 2024. The event marked an important milestone in the UAE-India economic partnership, with the unveiling of a range of new initiatives aimed at further bolstering the strategic bilateral partnership. Among the key outcomes of the Summit, the ceremonial launch of the UAE-India CEPA Council (UICC) took place in the presence of Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, and Piyush Goyal, the Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles. Among its objectives, the UICC will encourage close partnerships and tangible cooperation across all levels of the UAE and Indian business communities, with a strong emphasis on critical industries such as start-ups, women entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), and the services sectors.

The U.S. Securities and Exchange Commission reluctantly approved the first exchange-traded funds that hold bitcoin Wednesday, saying it is still deeply skeptical about cryptocurrencies and that the SEC “did not approve or endorse bitcoin” in its decision.

By Hannah Lang and Suzanne McGee

By Jamie McGeever

By Chris Prentice and Douglas Gillison

Advisors searching forinvesting themes in 2024 may want to try AI, health care innovation and new supply chains, a BlackRock strategist says.

Venturing into the stock market for the first time is an exciting but often nerve-wracking experience. With the convenience of Demat accounts for digital trading, new investors have easy access to the world of stocks. However, avoiding common pitfalls is crucial for a successful investment journey. Here's a guide on mistakes to steer clear of in your first stock investment with a Demat account.

Skydance investors, led by CEO David Ellison and supported by billionaire Larry Ellison, are reportedly in early-stage talks to acquire a majority stake in National Amusements, the parent company of Paramount (PARA).

By Johann M Cherian and Ankika Biswas

(Reuters) — Multiple issuers' spot bitcoin exchange-traded funds (ETFs) will begin trading on Thursday, the Cboe exchange said on Wednesday.

Maldives President Mohammed Muizzu has proposed to revive the free trade agreement with Beijing, but the move could push Male towards a debt trap. China's current share of Maldives total debt is 37% and there are fears that FTA will further increase debt share, pushing Maldives into a Sri Lanka-type crisis, ET has learnt. The Covid pandemic, notwithstanding India's generous assistance to the island nation, has dented Maldivian economy, according to observers.

Wall Street is drifting ahead of a report that could bolster or dash the hopes that sent stocks surging into the end of last year

CES 2024 has kicked off in Las Vegas

U.S. regulators are soon expected to decide whether to approve the first bitcoin exchange-traded fund, a development that could thrust the once niche and nerdy corner of the internet even further into the financial mainstream

Tech companies of all sizes are showing off their latest gadgets at CES 2024 in Las Vegas

Walmart has unveiled plans to dive further into the world of artificial intelligence — and drones — to improve its customers’ shopping experiences

MUMBAI : Clients of India’s largest stock broker Zerodha are one of the driving forces behind BSE’s growing success in the derivatives segment since May 2023, after the exchange’s two decades of attempts to gain market share went in vain, people aware of the matter said. Interestingly, a spurt in Sensex volumes coincided with Zerodha teaming up with two related entities to raise its total shareholding in the exchange. The market share of BSE in the derivatives segment, dominated by National Stock Exchange (NSE), rose from a mere 0.004% in the June quarter to 7.38% in the September quarter and further to 15.8% in the December quarter.

It’s “all systems go” as the crypto community waits for SEC approval of a spot bitcoin ETF, according to senior ETF analyst, Eric Balchunas.

(Reuters) -AbbVie expects its share of Botox in the aesthetics market to remain strong in the fourth quarter, despite recent launches of newer, longer-acting products by rivals, a company executive said on Wednesday.

Competition among prospective bitcoin exchange-traded fund issuers intensified as companies slashed fees further in a bid to make products more attractive to investors ahead of a regulator’s decision on their future.