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2 mins read
Stock market euphoric over Trump win
US indexes staged a major rally, with the Dow rising 1,500 points following the decisive election o…
Jennifer Sor
2 mins read
Dow soars 1,300 points, yields surge as decisive Donald Trump win reverberates through markets
Trump's victory set off a wide-ranging rally across markets Wednesday morning , with the decisive o…
Jennifer Sor
4 mins read
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
2 mins read
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …
Kelly Cloonan
2 mins read
Stock market today: Indexes fall from records as chip rout drags tech shares lower
Dutch firm ASML led the semiconductor rout, falling 16% after it cut 2025 sales guidance.
Filip De Mott
1 min read
Stock market today: Indexes trade mixed as investors sift through big bank earnings
Gains were muted Tuesday morning as investors parsed through the latest earnings from Citigroup, Go…
Filip De Mott
2 mins read
Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says
NVDA shares could notch $800 each by 2030, former BCG exec Phil Panaro predicted.
Jennifer Sor
2 mins read
Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO
CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…
PTI
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
3 mins read
5 reasons the strength of the US dollar is here to stay through end of the decade
Ed Yardeni dismissed the growing narrative of de-dollarization, noting that there's a host of reaso…
Matthew Fox
2 mins read
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…
Matthew Fox
1 min read
Citigroup to cut 20,000 jobs in big corporate overhaul
Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…
2 mins read
The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks
A Bloomberg report has new details about Citigroup's equities division's toxic culture. A lawsuit f…
Lakshmi Varanasi
1 min read
Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs
Citigroup's CEO Jane Fraser is still paid less than other major bank CEOs on Wall Street.
Hannah Getahun
5 mins read
The CEO who believes that there’s a lot more to digitise at banks
the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …
2 mins read
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
2 mins read
Stock market today: US stocks drop as investors digest first batch of bank earnings
"There seems to be a large number of persistent inflationary pressures, which may likely continue,"…
Matthew Fox
2 mins read
Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran
Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of …
Matthew Fox
1 min read
Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings
Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…
Theron Mohamed
1 min read
Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings
Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…