The FinTech Hub
Source: Live Mint Tesla stock price declined more than 3% on Wednesday after a report that the company’s board had initiated a search for a potential successor to CEO Elon Musk. Tesla share price ended 3.38% lower at $282.16. In the extended hours, Tesla shares gained 0.13% According to a Wall Street Journal report citing…
Source: Live Mint Tesla reported a 71% year-on-year decline in first-quarter profit, as weakening automotive demand and geopolitical uncertainties weighed on the electric vehicle (EV) maker’s performance. The company posted a net profit of $409 million for the January–March period, falling short of analyst expectations. Revenue for the quarter declined 9% year-on-year to $19.34 billion,…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note on Monday tracking sluggish trend in the global markets. Asian markets traded lower today, while the US stock market ended lower last week dragged by losses in technology shares. This week, investors…
Source: Live Mint US stock picks: Global markets demonstrated resilience in 2024 amid the uncertainty surrounding the US election results, government policy changes, and shifting economic phases. US equities, particularly small-cap stocks, rallied following Donald Trump’s re-election. Among Indians, US tech stocks emerged as staples for those investing in US markets. Nvidia and Tesla have…
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 Donald Trump’s second victory in the US Presidential Elections in 2024 boosted equity markets on Wednesday, November 6, driven by bets on lower corporate tax rates, favourable tariffs, and deregulation, lifting shares of banks, locally focused small-cap companies, and Trump-related stocks. In what Trump described as the “greatest political comeback” in US…
