The FinTech Hub
Source: Live Mint US stock indices opened slightly higher on Monday, ahead of key economic data and earnings from some big tech companies. At the opening bell, the Dow Jones Industrial Average rose 58.2 points, or 0.15%, to 40,171.74. The S&P 500 rose 4.0 points, or 0.07%, to 5,529.22, while the Nasdaq Composite rose 8.0…
Source: Live Mint Wall Street investors in the week ahead will have plenty of economic data and quarter results from four of the seven magnificent companies. Amid uncertainty over tariffs battle between the United States and China, market participants will closely watch key economic data including GDP numbers for first quarter, consumer spending for March,…
Source: Live Mint Wall Street stocks surged on Tuesday, as investors turned their focus to corporate earnings amid escalating trade war and fears of removal of Federal Reserve Chair Jerome Powell by President Donald Trump. At 1:40 PM EDT, the Dow Jones Industrial Average gained 1.90%, the S&P 500 rose 1.79%, the Nasdaq Composite climbed…
Source: Live Mint US stock indices declined on Monday amid escalating US-China trade war and on possibility of Federal Reserve Chair Jerome Powell’s removal by President Donald Trump. At the opening bell, the Dow Jones Industrial Average fell 236.2 points, or 0.60%, to 38,906.04. The S&P 500 fell 49.8 points, or 0.94%, to 5,232.94, while…
Source: Live Mint The escalating tariff wars and growing protectionism can disrupt global supply chains, clouding investment decisions around the world, finance minister Nirmala Sitharaman said on Thursday. “We recognize that the global landscape is changing and changing rapidly… the recalibration efforts on trade are very, very challenging. It is worrisome, but it is also…
Source: Live Mint HDFC Asset Management Company released its March quarter performance today, April 17, reporting a net profit of ₹638 crore, which is a 18% jump as compared to ₹540.84 crore reported in the same period last year. In the preceding December quarter, the company reported a net profit of ₹641.36 crore. The revenue…
Source: Live Mint US stock indices slipped on Wednesday, after AI-chip giant Nvidia flagged steep charges from new US curbs on chip exports to China. Shares of Nvidia tumbled 6.5%. At the opening bell, the Dow Jones Industrial Average fell 189.5 points, or 0.47%, to 40,179.49. The S&P 500 fell 60.9 points, or 1.13%, to 5,335.75,…
Source: Live Mint Renowned investor Vijay Kedia trimmed his stake in Precision Camshafts by 1.05% in the March quarter, reducing his holding in the company to 1.05% from 2.10% in the preceding December quarter. Apart from his personal holding, Kedia, through his brokerage firm Kedia Securities, maintained 1.05% stake in the company at the end…
Source: Live Mint Anant Raj, a leading real estate developer in the NCR region, has seen its share price crash steadily in recent weeks to levels not seen in many months. Although the stock has managed to stage a comeback in the last few trading sessions, it is still trading significantly below its recent peak…
Source: Live Mint US stock indices opened sharply higher on Monday, with the tech-heavy Nasdaq climbing over 2%, as investors cheered the White House’s move to exempt smartphones and computers from tariffs. At the opening bell, the Dow Jones Industrial Average rose 333.4 points, or 0.83%, to 40,546.15. The S&P 500 rose 78.6 points, or…
