Stock Market
Stocks Rise on Wall Street Despite Powell’s Remarks, Await Data
Wall Street exhibited resilience on Monday as investors brushed off Fed Chair Jerome Powell’s recent cautionary remarks. Instead, market participants turned their attention towards the...
Chinese Tech Titans Xpeng and Didi Ink $744M EV Collaboration
Chinese electric vehicle (EV) manufacturer Xpeng (XPEV) has joined forces with mobility and ride-sharing behemoth Didi in a momentous development pact worth a staggering $744...
Reliance Industries Appoints Ambani Heirs to Board of Directors
Reliance Industries Ltd, under the stewardship of Chairman Mukesh Ambani, announced a significant leadership transition on Monday as the conglomerate appointed the three scions of...
Evergrande Hong Kong: 87% Stock Plummet Raises Alarms
China Evergrande Group, the prominent real estate conglomerate grappling with substantial debts, experienced a staggering 87% decline in its Hong Kong trading on Monday after...
Chinese Restrictions Cast Doubt on Nvidia Growth
Nvidia, renowned for its robust graphics processing units (GPUs), has celebrated a five-quarter spree of surpassing earnings projections. Boasting a lofty forward price-to-earnings ratio of...
Positive Start to Week as Inflation and Jobs Data Awaited
The stock market commenced the trading week on a positive note, with indices displaying significant gains in early morning trading. Investor sentiment was influenced by...
Wall Street Swings Amid Powell’s Speech, Closes Up
After a tumultuous start to the trading day, Wall Street managed to claw its way into positive territory on Friday, largely attributed to the Fed...
Instacart Sets Stage for IPO Listing Following Filing
After much anticipation, Instacart, the renowned grocery delivery app, has unveiled its IPO filing, detailing its plans for a stock market flotation on New York’s...
Market Finds Balance After Powell’s Jackson Hole Speech
In a day of tumultuous trading, stock markets regained their composure on Friday afternoon following Fed Chair Jerome Powell’s speech at the annual Jackson Hole...
Watches of Switzerland Shares Dive as Rolex Ventures into Retail
The Watches of Switzerland Group Plc, renowned as the United Kingdom’s largest vendor of Rolex watches, faced a substantial setback on Friday following a surprising...
