Trends Financial News
07.09 / 03:43
UPS
Manufacturing
Strategy
Apple
trends
country
reports
iPhone 16 Pro set for price hike as Apple looks to emulate iPhone 15 Pro Max's strategy: Report
iPhone 15 Pro Max by ditching the 128GB variant of the smartphone and instead starting with a 256GB one. Notably, the iPhone 15 Pro Max started with a base storage of 256GB and came at the same price as its predecessor for the 256GB variant.The Trendforce report suggests that while the price of the iPhone 16 Pro could increase on paper, this could be mitigated for users by the addition of a premium tetraprism periscope lens and 256GB of base storage.Moreover, Apple's choice of 256GB base storage for the iPhone 16 Pro could have a major impact on next year's iPhone line-up.
07.09 / 01:44
UPS
Citizens
Election
trends
Hawaiian
2020
Trump vs Harris: Who are Asian Americans going to vote for in U.S Elections, their support is key for winning the White House
Sarah Poontong, 49, became a U.S. citizen late last year and quickly registered to vote, reflecting a notable trend. Asian American, Native Hawaiian, and Pacific Islander voter registration surged by 43% from January to June 2024, according to APIAVote and TargetSmart. This growth outpaces that of other racial groups. The increase is driven by a rise in naturalized immigrants, young Asian Americans reaching voting age, and intensified get-out-the-vote efforts. Between 1960 and 2019, U.S. immigration from Asia grew 29-fold, and Asian immigrants are more likely to become naturalized. Since 2020, this group has become the fastest-growing segment of eligible voters.
06.09 / 22:03
markets
Action
trends
Trade
Doge
Schools
diving
Pepe Millionaires Dump Coins to Snag a Spot in This New Pepe Project
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
06.09 / 21:31
06.09 / 16:27
markets
UPS
economy
wellness
trends
show
reports
economic data
Economic data points towards an U.S recession, stock markets could tank going forward
US recession is very slowly becoming a distant possibility, looking at the latest economic data, that is slowly pointing towards a downward trend in US stocks. US recession fears have begun mounting steadily over the course of time, since early August, and the July jobs data somehow became a triggering factor after the employment rate began growing steadily. Even though the US stock markets was able to recover from previous dips related to the employment data, but there are major issues still persisting in the markets, which are working against the economy, and have chances to bring in recession into the United States.
06.09 / 16:05
COST
UPS
Citi
Boxing
trends
Instagram
travelers
‘If e-commerce and Instagram had a baby, that would be LoveLocal’
local kirana stores to operate and sell online. The e-commerce platform specialises in the fresh produce category which includes fruits, vegetables, meats, and dairy. It has recently introduced video-based shopping on the lines of content-commerce trends in China.
06.09 / 14:19
Manufacturing
economy
pandemic
trends
show
information
‘A whole economy issue’: Labour productivity declines for second straight quarter
Labour productivity at Canadian businesses fell by 0.2 per cent during the second quarter of 2024, with 11 of the 16 main industries recording declines, Statistics Canada said on Thursday.
06.09 / 11:51
markets
Target
CEO
Strategy
Mobile
trends
innovations
Why banks are under the gun to beat Mutual Funds and emerge out of a big threat
deposit growth due to increasing competition from mutual funds (MFs) and other alternative investment options. At the FICCI-IBA banking conference, Indian Banks’ Association (IBA) chairman, MV Rao, highlighted that mutual funds offer higher returns as they are not subject to the same regulatory restrictions as banks. This has led to a shift in investor preferences towards MFs, making it difficult for banks to maintain a competitive edge in deposit mobilization. Rao emphasised that the regulatory framework governing banks, such as end-use monitoring and interest rate restrictions, limits their ability to provide attractive returns to depositors. He noted that mutual funds are not required to verify the end-use of funds or prioritize specific sectors, allowing them more flexibility and higher yields. “MFs do not have end-use verifications and restrictions on priority sector or to the MSME or government schemes. That’s why MFs can offer more than bank deposits,” said Rao, who also serves as CEO of Central Bank of India. Bankers across the sector have expressed concerns about the systemic risks posed by this trend. Rao warned that most MF investors are not conducting proper analysis and may face significant risks in the future if market cycles shift. HSBC India CEO Hitendra Dave added that blaming MFs might not be the solution, as liquidity eventually returns to the banking system. Dave urged banks to study the underlying factors affecting deposit growth rather than focusing solely on MF competition.
06.09 / 10:08
markets
COST
UPS
economy
trends
Trade
reports
Is a recession coming? What next for the pound? Your questions answered
Markets Today asked our Instagram followers what they wanted to know. The questions ranged from how to gauge the outlook for the economy and currencies, to trends in stock trading and how to approach a company earnings report. Here — in a lightly edited transcript — are our answers. What are the risks of a recession? As luck would have it, Bloomberg tracks the aggregate view of economists on this very question, so we can see what the current view is, and how that has changed over time.
06.09 / 09:14
Fitch
trends
reports
Profiles
Fitch downgrades Jupiter credit rating amid persistent outflows
The ratings agency said on Wednesday (5 September) that Jupiter's IDR would be demoted to BBB- from a BBB, which it said reflected a trend of net outflows registered over the past give years, included in the first half of this year. Jupiter reported total outflows of £3.4bn in the first half of 2024, which led to a 2% drop in assets under management to £51.3bn at the end of the period, down from £52.2bn at the end of 2023. «While net outflows were partly related to certain one-off factors, Fitch views that Jupiter's still comparatively concentrated franchise and business profile hav...
06.09 / 08:54
markets
UPS
Gap
WhatsApp
trends
Trade
Shree Cements stock price up 0.08 per cent as Sensex slides
Shree Cements Ltd. rose 0.08 per cent to Rs 25700.0 at 12:33PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 329 shares with a turnover of Rs 0.85 crore till 12:33PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 44.04, while the price-to-book value ratio stood at 4.48.
06.09 / 08:47
UPS
Booking
WhatsApp
trends
Trade
show
DLF shares fall 3.44% as Nifty drops
DLF Ltd. traded 3.44 per cent down at Rs 812.5 on Friday at around 01:24PM (IST), while the benchmark BSE Sensex declined 999.81 points to 81201.35. As many as 52,080 shares changed hands on the counter with a total value of Rs 4.27 crore.
06.09 / 08:39
UPS
Booking
WhatsApp
trends
Trade
show
Avenue Supermart shares fall 1.07% as Nifty drops
Avenue Supermarts Ltd. traded 1.07 per cent down at Rs 5251.75 on Friday at around 11:11AM (IST), while the benchmark BSE Sensex declined 942.72 points to 81258.44. As many as 17,186 shares changed hands on the counter with a total value of Rs 9.07 crore.
06.09 / 08:35
security
WhatsApp
trends
Trade
REC shares fall 3.22% as Nifty drops
REC Ltd. slipped 3.22 per cent to Rs 610.0 in Friday's trade. It hit a high of Rs 630.7 and low of Rs 608.35 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 496.64, while the 50-DMA was at Rs 600.11. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
06.09 / 08:33
markets
UPS
economy
NVIDIA
trends
Trade
Nvidia's stock swoon turns attention to Big Tech's sway over markets
Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year. Their recent wobble is making investors nervous. A tumble in the chipmaker's shares shaved $279 billion off Nvidia's market capitalization on Tuesday, the single largest one-day decline in market value on record for a U.S. company. The stock was rebounding on Wednesday, rising 1% in late morning trading. Whether the steep fall is due to investors becoming more cautious towards the artificial intelligence trend that supercharged market returns this year or worries over the health of the U.S. economy, more trouble for Nvidia and other Big Tech stocks would likely spell trouble for the broader markets.
06.09 / 08:20
WhatsApp
wellness
trends
Trade
reports
Bharat Forge shares drop 2.5% as Sensex falls
Bharat Forge Ltd. traded 2.5 per cent lower in Friday's session at 01:34PM (IST). The stock opened at Rs 1611.3 and has touched an intraday high and low of Rs 1611.3 and Rs 1561.35, respectively, during the session so far. The stock quoted a 52-week high of Rs 1826.2 and a 52-week low of 1002.7. About 73,864 shares changed hands on the counter so far.
06.09 / 06:30
06.09 / 05:30
Election
trends
President
performer
audience
Features
Highlights and curveballs from past US presidential debates: What to expect in the Harris vs. Trump showdown
US Presidential Election 2024: Presidential debates have a history of creating defining moments, both triumphant and disastrous, for candidates. These unscripted live television events can highlight a candidate's relatability or expose their lack of preparedness, with past debates featuring instances that swayed entire election campaigns. Will the upcoming debate between Vice President Kamala Harris and former President Donald Trump in Philadelphia on Tuesday follow this trend? «Being live television events, without a script, without any way of knowing how they are going to evolve — anything can happen,» said Alan Schroeder, author of «Presidential Debates: 50 years of High-Risk TV.» One of the most recent impactful moments came from the June debate in Atlanta between President Joe Biden and Trump, which might go down as one of the most consequential political face-offs in history. Biden, at 81 years old, began the debate with a series of stumbles, including misstating figures and seeming to lose his train of thought during his response on handling COVID-19.
06.09 / 05:15
UPS
WhatsApp
wellness
trends
Trade
reports
Marico shares gain 3.13% as Sensex falls
Marico Ltd. traded 3.13 per cent higher in Friday's session at 09:59AM (IST). The stock opened at Rs 650.9 and has touched an intraday high and low of Rs 673.2 and Rs 648.9, respectively, during the session so far. The stock quoted a 52-week high of Rs 692.7 and a 52-week low of 486.75. About 56,167 shares changed hands on the counter so far.
06.09 / 05:10
UPS
Booking
WhatsApp
trends
Trade
show
Chola Inv Finance shares rise 0.56% as Nifty drops
Cholamandalam Investment & Finance Company Ltd. traded 0.56 per cent up at Rs 1541.4 on Friday at around 10:15AM (IST), while the benchmark BSE Sensex declined 792.83 points to 81408.33. As many as 105,728 shares changed hands on the counter with a total value of Rs 16.38 crore.
06.09 / 04:14
markets
UPS
Manufacturing
economy
Election
wellness
trends
ETMarkets Smart Talk: India’s economy to grow between 6.5% and 7% over next five years, says UBS Economist Tanvee Gupta Jain
Tanvee Gupta Jain, UBS Chief India Economist. In an interview with ETMarkets, Tanvee said: “The potential growth I estimate is somewhere between 6.5% to 7%. What we’re seeing is that India’s potential growth is benefiting from digitalization adoption, increased services exports, and now a manufacturing push” Edited excerpts:
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