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2 mins read

SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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1 min read

Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares

On September 23, the board of Reliance Power Ltd had approved raising Rs 1,524.60 crore throu…

PTI   


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1 min read

Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat

Amazon shares jumped as much as 7.6% on Friday, putting them on pace to close near all-time highs.

Filip De Mott   


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1 min read

Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin

Microstrategy plans to issue debt and equity over three years to buy bitcoin. Its stock is trading …

Matthew Fox   


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2 mins read

Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze

The Greenlight Capital founder said the PC market could se a stronger upgrade cycle as a result of …

Filip De Mott   


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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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3 mins read

Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating

With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…

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2 mins read

NCLT approves delisting of ICICI Securities, dismisses petition by minority shareholders

As per the scheme of arrangement, shareholders of ICICI Securities (ISEC) will get 67 shares of…

PTI   


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Elon Musk's pay-deal vote is the ultimate 'meme stock' test for Tesla, investor says

The vote on the Tesla CEO's comp package will be an indicator of how central he is to Tesla's ongoi…

Filip De Mott   


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One of Wall Street's biggest bears is turning upbeat on the stock market for the first time in 2 years

"While it is too soon to assume that this is a turning point, it does suggest that a recession is u…

Matthew Fox   


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1 min read

Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares

With Gill owning nine million shares, he stands to earn or lose $90,000 for every penny move in Gam…

Matthew Fox   


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3 mins read

SEBI proposes to ease disclosure requirement for listed firms

The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…

PTI   


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1 min read

Trump Media stock is down 70% since going public. One expert says its $3 billion valuation is still 'unjustifiable.'

"They had sales of $837,000 last quarter and a net loss of $16.4 million. The numbers don't jive," …

Matthew Fox   


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3 mins read

IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore

As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…

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2 mins read

Stock market today: Dow hits record high, stocks notch 3-week win streak ahead of key jobs report

Investors will be laser focused on the jobs market next week, with the ADP employment report on Wed…

Matthew Fox   


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1 min read

Trump Media insiders sell nearly 11 million shares after lock-up period expires

The seller is the investment partnership of former "Apprentice" contestants Andrew Litinsky and Wes…

Filip De Mott   


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Nvidia stock jumps on report CEO Jensen Huang is done selling shares after $713 million windfall

Mega-billionaire Jensen Huang has reached his pre-approved threshold for selling company stock.

Filip De Mott   


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Tesla shareholders are pressing Musk to release new models

Investors are asking when Tesla plans to release new EVs in an online Q&A forum ahead of the automa…

Tom Carter   


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Lululemon just released new leggings. Shoppers and shareholders are mad.

Some shoppers called the back of the new leggings a "whale tail." Lululemon's shares ended Thursday…

Shubhangi Goel   


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3 mins read

Trump is days away from being able to dump his Trump Media stock for a massive payday

Trump Media's lockup period ends soon, allowing Donald Trump to sell his shares if he chooses. He'd…

Grace Eliza Goodwin,Geoff Wei…