Trade Financial News

Udemy (UDMY) saw its shares tumble more than 10% in premarket trading Thursday after the company issued disappointing revenue guidance for FQ1 and the full fiscal 2024.

Goldman Sachs strategists have adjusted their market outlook for Europe, setting a new 12-month target for the Stoxx Europe 600 Index at 510, up from their previous forecast of 500.

Investing.com -- U.S. stock futures inch higher, pointing to a continued recovery on Wall Street from a decline posted earlier this week. Cisco Systems (NASDAQ:CSCO) lowers its annual guidance and outlines plans to slash headcount, as executives at the network equipment manufacturer warn of weak future demand. Elsewhere, Warren Buffett's Berkshire Hathaway (NYSE:BRKa) cuts its stake in tech giant Apple (NASDAQ:AAPL).

A new cryptocurrency has emerged as a serious threat to challenge the dominance of Dogecoin (DOGE) and its chief competitor, Shiba Inu (SHIB). That digital asset is Retik Finance (RETIK), an innovative crypto platform offering real-world utility through its suite of decentralized financial services and products. Retik tokens are available in presale for just $0.12, presenting a compelling entry point for investors.

Nithin Kamath, CEO of Zerodha, an Indian brokerage firm, raised a red flag about phishing websites designed to deceive users into downloading fake trading apps. “After the Chinese loan apps scam, the latest scam from actors in China and other Asian countries is phishing websites. Fraudsters are creating hundreds of websites and trading apps that look similar to the websites of Indian brokers," Kamath said in a post on social media platform X.

Fighter, Hanu-Man and Malaikottai Vaaliban are doing far better than expected in international markets despite focused release only in countries with sizeable Indian diaspora. Trade experts say films featuring mainstream stars and the song-and-dance trope are lapped by overseas audiences in territories such as the US, UK, Australia and New Zealand who aren’t as discerning as those within the country. Higher ticket prices overseas further boost earnings.

Bharat Bandh news: As the farmers from Punjab continue to march towards Delhi to press for their demands, the Samyukta Kisan Morcha, along with several trade unions, has called for a Gramin Bharat Bandh on February 16. According to the directions released by the SKM, the bandh will be observed between 6 am and 4 pm. The farmers will participate in a chakka jam on major roads across the country from 12 pm to 4 pm.

(Reuters) — European shares rose on Thursday as investors digested a slew of better-than-expected corporate earnings and UK's GDP data, while comments by European Central Bank President Christine Lagarde on disinflation process in the euro zone lifted sentiment.

₹56.25 crore, comprising a combination of fresh issue of 54.8 lakh equity shares aggregating to ₹42.20 crore and an offer for sale (OFS) of 18.26 lakh shares aggregating to ₹14.06 crore. Also Read: Thaai Casting IPO: Issue fully subscribed on day 1 led by retail investors; check GMP, issue details, review, more Atmastco IPO price band is set at ₹77 per share. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹123,200.

NEW DELHI : India has resumed trade talks with Peru after a long gap, with the sixth round of India-Peru negotiations for a trade agreement held in the South American country from 12 to 14 February. Various working group meetings were held, including on trade in goods, rules of origin, trade in services, customs procedures and trade facilitation, dispute settlement, and legal and institutional Issues, the ministry of commerce and industry said in a statement on Thursday “These meetings involved the participation of more than 70 delegates from both countries together, including their respective negotiating teams," it said. Over the next fortnight, other working groups will hold virtual meetings on technical barriers to trade, sanitary and phytosanitary measures, and trade remedies and cooperation.

Investing.com-- Most Asian currencies moved little on Thursday as mild consolidation in the dollar offered some relief, while the Japanese yen firmed as expectations of government intervention offset data indicating an economic recession.

Investing.com-- Gold prices moved little in Asian trade on Thursday, remaining below key support levels as the prospect of higher for longer U.S. interest rates continued to diminish the yellow metal’s appeal. 

Investing.com-- Oil prices fell in Asian trade on Thursday, extending losses after a substantially bigger-than-expected build in U.S. inventories pointed to well-supplied markets, while Japanese recession signals drove up concerns over slowing demand. 

The past two days have brought bullishness in many counters and here are two stocks that can give good returns in the near term.

Recently, Bitcoin surged past the $52,000 mark, a significant milestone that not only underscores its growing appeal but also highlights the robust inflows into U.S. spot Bitcoin exchange-traded funds (ETFs).

BSE on Thursday, February 15, to hit its fresh 52-week low and was on course to extend the losses into the third consecutive session, after the company confirmed receiving notices from the Enforcement Directorate (ED). Paytm share price opened at ₹325.30 against the previous close of ₹342.35 and soon fell 5 per cent to the 52-week low level of ₹325.30.

HPL Electric & Power, a leading electrical equipment manufacturer in India, saw its shares lock in a 10% upper circuit limit at ₹345.05 apiece in today's trade after the company posted a robust set of numbers for the December-ending quarter. On Wednesday, the company reported an 87.14% YoY growth in its consolidated net profit, reaching ₹11.95 crore. It registered a robust performance YoY, with revenue growth of 21.22% in Q3 FY24 to ₹366 crore as compared to ₹302 crore in Q3 FY23.

BSE on Thursday, February 15, a day after the company reported its December quarter earnings. Glenmark Pharma share price opened at ₹766.65 against the previous close of ₹796.30 and rose 6.4 per cent to the level of ₹847.30. Around 9:20 am, the stock traded 5.22 per cent up at ₹837.90.

Mint. However, group CEO Anish Shah said the tractor market was coming off its best-ever volumes in the past three years, and though several positive and negative factors were affecting rural demand, "the rural economy is doing reasonably well". Jejurikar said, "We expect the tractor industry to be more negative than what we'd thought, based on what we've seen over the past few months.

Tata Sons, the holding company of the Tata group, holds a majority stake (50.2%) in Tata Play. The remaining shares are owned by Disney and Singapore-based investment firm Temasek, the report added.

BSE on Thursday, February 15, in a weak market. Adani Green Energy share price opened at ₹1870.30 against the previous close of ₹1852.70 and soon jumped 5.8 per cent to the level of ₹1,959.60. Around 9:50 am, the stock traded 4.60 per cent higher at ₹1,938.