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Asian markets traded lower, while the US stock market ended mixed overnight after the announcement of the US Federal Reserve’s monetary policy decision.
The US Fed kept the benchmark interest rates unchanged but did acknowledge its disappointment over the “lack of further progress” in pushing inflation down to its 2% target. The Fed Chair Jerome Powell also downplayed the possibility of interest-rate hikes and the…
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Source: https://www.investors.com/news/technology/qualcomm-stock-qcom-q2-2024-earnings/
While praising the commendable turnaround seen in YES Bank’s March quarter earnings, domestic brokerage firm ICICI Securities has retained its ‘sell’ rating on the private bank with a target price of Rs 20 saying that the valuations remain unattractive.“The bank is making concerted efforts in organic PSL origination, which should ease incremental RIDF burden, aiding yield and RoA trajectory. We estimate sharp improvement in RoA to 1.0% by FY26 vs FY24 RoA of 0.3%, led by improving…
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Truth Social Grants Donald Trump a New $1.8 Billion Stock Bonus The Wall Street Journal
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Updated May 1, 2024 | 04:52 PM ISTNHPC share price target 2024, dividend announcement: NHPC, a power sector company, has informed the exchanges that it will likely announce a dividend for its shareholders along with its fourth quarterly earnings report for the fiscal 2024. Should you BUY, SELL, or HOLD? NHPC Share Price Target 2024: At the current market price of Rs 96.20, NHPC’s dividend yield stands at 1.92 per cent. (Image: NHPC’s official website)NHPC share price target 2024, dividend…
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I have always been hypercritical of Starbucks (SBUX).I remember covering the company as a stock analyst and spending weeks inside its stores studying the workflows of each department. It was an extreme exercise that did not win me any fans among Starbucks management (especially with former CEO Howard Schultz), but I was young, didn’t give a damn what management thought, and believed it had to be done to make a proper call on the stock.I cut my rating on Starbucks to Sell in January 2014,…
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Washington, May 1: Former President Donald Trump has secured an additional USD 1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth USD 5.7 billion. Trump, the…
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Flutter shareholders vote to shift listing to New York in blow to UK stock market – latest updates The Telegraph
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The amicable split of the 127-year-old Godrej group will ensure that the shareholder value is not hit, governance and market experts said on Wednesday, while expressing hope that it could also boost the stock prices of the five listed group firms. After years of negotiations, Godrej family announced a “shareholding realignment” after the market hours on Tuesday. Under the new arrangement, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will oversee the unlisted…
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Stock market | Image:PexelsUS stock market: US stock index futures took a dip on Wednesday as chip sector disappointments weighed down markets, with investors exercising caution ahead of key economic indicators and the Federal Reserve’s forthcoming interest rate verdict.In premarket trading, Advanced Micro Devices witnessed a 6.3 per cent decline after its AI chip sales projections fell short of expectations. Concurrently, Super Micro Computer reported third-quarter revenue below estimates,…
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