Trade Financial News

Lattice Semiconductor (LSCC) saw its shares slump over 8% in after-hours trading Monday after the company’s FQ4 revenue and Q1 guidance both missed analysts’ expectations.

By Saqib Iqbal Ahmed

Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but for investors looking to turn a quick profit will continue to turn to the top crypto gainers today on DEXTools.

Drivers’ group announced that on Valentine's Day, numerous drivers from Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), and the food delivery service DoorDash (NASDAQ:DASH) will participate in a nationwide strike to demand fair pay.

Arm Holdings Plc is extending a big rally in the wake of last week’s blockbuster earnings report that showed artificial intelligence spending is bolstering sales. The chip designer’s shares soared as much as 42% on Monday on volume that was more than six times the average over the past three months. The advance briefly pushed the stock’s gains to more than 100% in the three trading sessions since Arm’s results were released after markets closed on Feb. 7.

Arvind Virmani was chief economic adviser. A growth collapse was averted and our economy emerged from the crisis quickly. Sustaining the recovery required careful handling.

(Updated — February 12, 2024 11:21 AM EST)

Markets are eagerly awaiting the first rate cut from the Fed, and all eyes will be on inflation data tomorrow.

With 80% of S&P 500 companies having reported earnings, numbers have been better-than-anticipated, UBS analysts noted.

On Friday, Bitcoin crossed the $48,000 mark, registering a 13% increase over the past week and edging closer to the key $50,000 resistance level.

Bitcoin (BTC) bears are taking a bruising on Monday as the price powers above $50,000, as BTC continues its momentum after posting its strongest weekly close since December 2021 on Sunday.

In the ever-evolving space of cryptocurrency, a new contender has emerged with a price tag of just $0.01, sparking widespread speculation about its potential to rival Solana, one of the leading platforms in the blockchain space. This token, with its innovative features and underlying technology, has caught the attention of major investors, often referred to as ‘whales,’ who are strategically positioning themselves in anticipation of significant growth. As this $0.01 token gains traction, questions arise about its scalability, speed, and utility, drawing parallels to Solana’s remarkable success story. This article delves into the buzz surrounding this promising token, examining the factors that could catapult it to the forefront of the crypto world, as evidenced by the notable moves of these heavyweight investors.

India Electronics & Semiconductor Association (IESA) and the India SME Forum- have supported the continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO), citing it to be important for supply chain resilience post Covid. The two industry bodies made this submission to the global trade watchdog as part of a consortium of around 170 global associations. The submission comes amid India and South Africa pushing hard for the prohibition to end as it leads to revenue loss and are keen on an outcome on the issue before the WTO's 13th ministerial conference (MC13) later this month. The moratorium on customs duties on electronic transmissions is in place since 1998. Around 105 countries, including the US, the UK, Australia, China, and Japan favour this prohibition. «Continuation of the moratorium is also important to supply chain resilience for manufacturing and services industries,» the associations said.

If you’re building a list of the most important stocks in the market, Tesla Inc. has to be on it. Or does it?

The NSE Nifty50 index was down 0.76% at 21,616, while the S&P BSE Sensex settled 0.73% lower at 71,072.

markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on when the Federal Reserve may start to cut rates. The euro was down 0.14% $1.0769, edging off a 10-day high touched in early trading after the past week saw a small bounce back following steady declines in 2024. A reading of the euro zone's economic growth in the fourth quarter on Wednesday could offer fresh direction.

investing strategy involves prioritising the purchase of assets experiencing upward momentum and selling them when indications suggest a weakening trend. The fundamental concept is rooted in the belief that trends exhibit persistence, implying that if a stock or asset is on an upward trajectory, it is more likely to continue rising than to abruptly reverse direction. Typically, momentum investors employ technical analysis techniques, examining charts and indicators like moving averages and the relative strength index (RSI) to pinpoint trends and potential entry or exit points.

Avalanche (AVAX), which is currently the tenth biggest cryptocurrency with a market capitalization of over $14 billion, has posted an overnight dip of 4.7% to trade at $38.58 at the time of writing.

The S&P BSE Sensex fell more than 500 points while the Nifty50 managed to hold on to 21,600 levels.

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Hero MotoCorp Ltd’s shares hit a 52-week high of ₹4,949.05 apiece in early trading hours on Monday, but proceeded to close nearly 5% lower with broader markets remaining weak. While the two-wheeler maker’s December-quarter (Q3FY24) results were decent, the road ahead appears anything but smooth. In Q3, a sequential volume growth of 3% coupled with flat average selling price meant a 3% rise in operating revenue to ₹9,724 crore.