UPS Financial News
13.02 / 01:33
markets
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DOW
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inflation data
Nasdaq slips from near all-time high, Dow up modestly ahead of inflation data
Nasdaq slipped on Monday afternoon after briefly surpassing its record closing high from November 2021, while the Dow rose modestly ahead of two U.S. inflation reports this week that could influence Federal Reserve policy. The benchmark S&P 500 closed slightly lower but remained just above the 5,000-point level it crossed on Friday.
13.02 / 01:33
UPS
Provident
Aware
security
country
Department
DoT to link startups, venture capital funds for Shark Tank-like funding
telecom department is facilitating a Shark Tank India-like funding mechanism for startups, particularly in next-gen technologies, as part of the country's efforts to create domestic technology majors. As per officials aware of the details, the DoT is acting as a mediator to introduce startups with the venture capitalists (VCs). «We want to provide exposure and funding opportunities to the MSMEs and startups to scale up. If the idea is good, the VCs will provide the requisite support,» an official privy to the details told ET.
13.02 / 00:51
markets
UPS
Citi
FIVE
Food
Healthcare
Petcare startup Supertails raises $15 million led by RPSG Capital Ventures
Supertails, which focuses on petcare products and services, has raised $15 million (around Rs 125 crore) in equity funding led by RPSG Capital Ventures. The firm’s existing investors such as Fireside Ventures, Saama Capital, DSG, and Sauce VC also participated. The funds will be used for offline expansion, scaling up products, acquiring new customers and expand its healthcare service, Supertails Pharmacy. The company plans to launch trial stores in a mix of metropolitan and tier-I cities like Bengaluru, Mysore or Ahmedabad. Currently, the company does not have physical retail stores.
13.02 / 00:51
UPS
Provident
Manufacturing
Sustainability
Research
testing
Applied Materials expands collaboration with Indian semiconductor firms
Applied Materials will collaborate with semiconductor supplier organisations to reduce the time to commercialisation in India, said a senior executive. “Applied Materials will collaborate with semiconductor supplier organisations with the intent to reduce the time to commercialisation and develop a sustainable semiconductor ecosystem in India,” Suraj Rengarajan, managing director, Applied Materials India, told ET. The company last year announced that it will set up an engineering centre in Bengaluru with a total investment of $400 million (about Rs 3,278 crores) over four years to develop and commercialise technologies for semiconductor manufacturing equipment.
13.02 / 00:51
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Stocks in news: Hindalco, ZEE, Eicher Motors, Coal India, JSW Energy
Hindalco, ZEE, Eicher Motors, Coal India, JSW Energy among others will be in focus due to corporate earnings and variou other developments. Here's a full list of stocks to track Hindalco, ZEE, Eicher Motors Shares of Hindalco, ZEE, and Eicher Motors will be in focus today as the companies will announce their third quarter results.
13.02 / 00:51
markets
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Citi
Booking
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stake
British American Tobacco looks to raise $2.5 billion by trimming 4% stake in ITC, ropes in Wall St banks
British American Tobacco (BAT), the largest shareholder in India's ITC, is working with Wall Street banks Citi and Bank of America to help pare some of that stake and raise up to Rs 21,000 crore ($2.5 billion), according to people with knowledge of the matter. This would translate to monetising 3.5-4% in ITC. However, no transaction will happen until the Reserve Bank of India (RBI) approves the move. BAT has 29.03% holding in the cigarette-to-chips conglomerate, as per December 2023 disclosures. Based on Monday’s closing price, BAT’s shareholding is valued at Rs 1.47 lakh crore ($17.75 billion). ITC’s total market capitalisation amounted to Rs 5.07 lakh crore ($61.17 billion).
13.02 / 00:03
markets
UPS
BTC
ETF
Platform
Research
Bitcoin
Bitcoin hits US$50K for 1st time since 2021. What’s behind the surge
Bitcoin BTC= hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month’s regulatory nod for U.S. exchange-traded funds designed to track its price.
12.02 / 23:58
12.02 / 23:55
12.02 / 22:51
markets
UPS
wellness
performer
Updates
Macquarie posts lower nine-month profit, says commodities head to step down
(Reuters) -Australian financial conglomerate Macquarie Group (OTC:MQBKY) on Tuesday said its fiscal 2024 year-to-date net profit after tax fell «substantially» due to weakness in its commodities and other market-facing businesses.
12.02 / 22:51
12.02 / 22:31
12.02 / 22:23
12.02 / 21:19
UPS
Lattice
Trade
reports
Lattice Semiconductor stock slides on significant guidance miss
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.
12.02 / 21:19
markets
UPS
DOW
economy
wellness
reports
record high
inflation data
Stock Market Today: Dow in record high as energy shines; inflation data eyed
Investing.com — The Dow closed at record highs Monday, led by energy stocks ahead of a busy week of top-tier economy data, and fresh round of corporate earnings.
12.02 / 21:19
12.02 / 21:01
markets
UPS
ETF
Trade
Bitcoin
DEXTools
top crypto gainers today
Top Crypto Gainers Today on DEXTools – CSHIB, DADA, FERRET
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.
12.02 / 20:43
UPS
Provident
Platform
Action
students
Jujutsu Kaisen Chapter 251: This is what we know about release date, time, chapter count, where to read, spoiler speculation and more
Gojo’s students and Sukuna escalates in Jujutsu Kaisen Chapter 251. Find out the release date, time, and where to catch this action-packed chapter.
12.02 / 20:34
COST
UPS
security
social
Delaying Medicare sign-up can be a costly lifetime mistake
(This Feb. 8 column has been corrected to change the type of company to 'an employer with fewer than 20 workers' instead of 'an employer with 20 or fewer workers,' in paragraph 6)
12.02 / 20:34
12.02 / 20:28
UPS
Simulation
voice
testing
Videos
TD Bank taps virtual reality to help tellers learn to navigate tense scenarios
You’re a bank teller standing behind the counter at a local branch. You can tell it’s Toronto-Dominion Bank from the green branding in your surroundings. A customer, who you can already tell is stressed, walks up to your counter to cash a cheque, but the cheque has been put on hold. The customer raises their voice: they’re in a rush and have been waiting in line.
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