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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

Existing home sales hit a 14-year low as homebuyers hold out for lower rates that may not come

Homebuyers have stayed on the sidelines, waiting for lower mortgage rates. Based on how things are …

Filip De Mott   


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2 mins read

India's refurbished smartphone market witnesses accelerated growth

India's refurbished smartphone market is experiencing significant growth, outpacing the new smartph…

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1 min read

Apple's Vision Pro sales are way lower than expected. That might not turn around until it lowers the $3,500 price.

Tim Cook's Apple is expected to sell fewer than 500,000 units of its $3,500 mixed-reality Vision Pr…

Sarah Jackson   


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2 mins read

October marks highest-ever monthly stock sales by foreign portfolio investors

Foreign portfolio investors (FPIs) have again turned net sellers in Indian stock markets in October…

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7 mins read

Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants

An internal database with Tesla salaries shows lower base pay than competitors but significant stoc…

Grace Kay,Madison Hoff   


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2 mins read

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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1 min read

Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices

Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…

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3 mins read

Apple Diwali sale in India goes live: iPhones, Macbooks and Airpods get discounts

As India kicks off its festive season, Apple has launched its Diwali 2024 sale with up to ₹10,000 i…

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1 min read

Sensex, Nifty pare early gains, trade lower in the afternoon trade

The NSE Nifty also slumped 191.65 points to 24,822.95. The benchmark hit an intra-day high of 2…

PTI   


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2 mins read

Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says

Mortgage rates will remain above 6% next year, with the market already pricing in Fed rate cuts, Go…

Kelly Cloonan   


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1 min read

Meesho to begin annual festival sale from September 27, sees 42% surge in seller base

"Meesho's Annual 'Meesho Mega Blockbuster Sale' Starts on 27th September. With over 20 lakh sel…

PTI   


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2 mins read

Rate cuts were supposed to push mortgage rates lower. The opposite has happened.

Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since econom…

Matthew Fox   


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3 mins read

In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging

Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper …

Eugene Kim   


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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   


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2 mins read

Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…

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2 mins read

Electric two-wheeler sales declined in August 2024, but year-on-year growth continues

After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…