The FinTech Hub
Source: Live Mint Nov 29 – U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit filed against electric vehicle maker Tesla linked to stock warrant transactions. The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court, where they said they will drop their…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see positive opening on Tuesday following gains in global equities. Asian markets traded higher, while the US stock market ended mixed overnight, with the Nasdaq and S&P 500 closing higher. On Monday, the Indian stock market indices…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint Tesla stock continued to rally on Friday as the US markets opened, rising 4.43 per cent. Tesla shares listed on the Nasdaq index recorded an uptrend after the company reported a 17 per cent rise in third-quarter profits. Tesla shares opened at $257.69 when trading started at 09:30 am EDT. At 09:58…
Source: Live Mint Elon Musk unveiled Tesla Inc.’s highly anticipated self-driving taxi at a flashy event that was light on specifics, sending its stock sliding as investors questioned how the carmaker will achieve its ambitious goals. The chief executive officer showed off prototypes of a slick two-door sedan called the Cybercab late Thursday, along with…
Source: Live Mint NEW YORK — U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports. The S&P 500 climbed 0.6% to top its all-time high set earlier in the week and close out its fifth straight winning week, while the Dow Jones Industrial Average jumped 409 points,…
Source: Live Mint NEW DELHI : The hacking of Ranveer Allahbadia’s YouTube channels, which have more than 17 million subscribers, has shown how vulnerable is India’s burgeoning content-creator economy. Allahbadia’s channels were renamed ‘Tesla’ and stripped of its videos. While YouTube managed to restore the content, the incident underscored a broader issue: Content creators in…
Source: Live Mint (Reuters) -AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in the world. The maker of viral chatbot ChatGPT is discussing raising $6.5 billion from investors, the report…
Source: Live Mint Abhimanyu, the sixteen-year-old son of the mighty archer Arjuna, was displaying breathtaking bravery in the Mahabharata war. He not only killed a number of prominent warriors on the enemy side, but also managed to break the flagstaff of Bhishma, the supreme commander of the Kauravas, in a hugely symbolic moment. The energy…
