The FinTech Hub
Source: Live Mint European and Asian firms may soon flood the US market with new listings, as the allure of loftier valuations and deeper liquidity fuels an exodus from their home markets. From Swedish buy-now, pay-later giant Klarna Group Plc to equipment rental firm Ashtead Group Plc to Chinese bubble-tea maker Sexy Tea, businesses based…
Source: Live Mint Indian investors saw about ₹9.3 lakh crore wiped out in market wealth on Tuesday as Trump’s latest tariffs, slower corporate earnings and a relentless selloff by foreign investors continued to rock the sentiment. Mid- and small-cap stocks took an even harder hit. Benchmark indices fell for the fifth straight session, with Nifty…
Source: Live Mint Intel Corp. shares were trading over 8 per cent on Friday, January 17, as media reports emerged that the chipmaking giant is a potential acquisition target. Intel Corp. shares were trading 8.21 per cent higher at $21.29 as of 11:38 a.m. (EST), compared to $19.67 at the previous US market close. The…
Source: Live Mint Wall Street holiday: The US stock market will remain closed on Wednesday, January 1, 2025, for the New Year holiday celebrations. According to the official holiday list on the Nasdaq Stock Exchange and New York Stock Exchange (NYSE), the stock markets will close early on December 31. The US stock exchanges will…
Source: Live Mint Market Outlook: The emerging markets (EM) posted decent returns for 2024, with most regional stock markets up for the year. The MSCI’s gauge for the emerging market stocks is set to end the year 5% higher, suggested a Reuters report, with Singapore set for a 17% annual rise, its best since 2017…
Source: Live Mint According to a report by Motilal Oswal, Indian equities have outperformed US markets over the past 35 years, with investments in the Indian equity markets growing by nearly 95 times since 1990. As per the report, if an investor had invested ₹100 in Indian stock markets in 1990, it would have grown…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, fell slightly on Wednesday, continuing the downward trend from the previous day, as investors awaited the US Federal Reserve’s policy announcement, which will be scrutinized for cues regarding its future approach to interest rate cuts. Sensex was down 149.31 points to…
Source: Live Mint Wall Street today: US market indices gained on Wednesday, December 4, as traders appear more focused on the potential of lower interest rates and a strong third-quarter result of companies like Salesforce, Eli Lilly, etc. amid the political turmoil in South Korea, and France’s no-confidence vote eyeing to topple the existing government. …
Source: Live Mint (Bloomberg) — This year was already a landmark one for exchange-traded funds, but as of Friday the ETF universe can add another superlative: biggest annual inflows on record. The insatiable appetite for the investor-friendly wrapper, an all-time high number of product launches and a relentless bull market fueled by Donald Trump’s presidential…
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…
