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Source: Live Mint The U.S. market recently experienced a deep rapid correction, with the S&P 500 falling by 10% and the Nasdaq 100 by 14%. However, India’s stock market remained resilient amid the global sell-off. The Nifty 50 swiftly rebounded from its recent low of 21,964.6, surpassing the 23,000 threshold with ease. By Friday’s close,…
Source: Live Mint Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its…
Source: Live Mint The U.S. tariff disruption to the world has intensified. Following the imposition of an additional 10% tariff on Chinese imports in February, the rate was further increased by another 10% in March. Consequently, the average U.S. tariff on Chinese goods could reach 39%, marking a steady rise over the past eight years….
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, experienced a sharp decline in the opening session on Tuesday, largely in response to the significant sell-off in US markets, influenced by the “Trump Uncertainty Discount” that is impacting global supply chains. The Nifty 50 index started at 22,345.95, showing a…
Source: Live Mint Wall Street Today: Stock markets in the United States opened flat on Tuesday, February 4, as investors remained cautious and low on risk-taking amid China’s stance of retaliation against the new trade restrictions and tariffs by the US President Donald Trump’s administration, reported the news agency Reuters. Also Read | Small-cap stock…
Source: Live Mint A Brooklyn-based social media blogger, Jeffrey Emanuel, on January 25, 2025, wrote a nearly 12,000-word blog post making a case for shorting one of the top chipmaking AI companies in the world, Nvidia Corp., reported the news portal MarketWatch. According to the news report, the blog post cited reasons like changing tides…
Source: Live Mint Meta Platforms Inc. aims to invest $60 billion to $65 billion in capital expenditure in 2025, according to Chief Executive Officer (CEO) Mark Zuckerberg’s post on social media platform Facebook on Friday, January 24. “We’re planning to invest $60-65B in capex this year while also growing our AI teams significantly, and we…
Source: Live Mint Stock market today: Indian stock markets commenced trading on a downbeat note on Thursday, influenced by mixed signals from global markets. In the previous trading session on Wednesday, domestic stock markets bounced back from their lowest levels to end the day with minimal changes. At 14:16 IST, Sensex was down 513.02 points…
Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
Source: Live Mint The Iranian Rial fell on Wednesday, November 6, to an all-time low as former President Donald Trump raced for the U.S. presidency again, reported the news agency AP. The rial traded at 703,000 rials to the dollar. The last two times the Iranian Rial took a hit was in 2015. At the…
