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AVIS BUDGET SHARES
Avis stock's roller coaster drags US' big index Dow Jones Transportation Average along for the rideAvis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility signif...- US stocks today: US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earningsU.S. stocks declined amid escalating Iran war concerns and mixed earnings. Hopes for a swift resolution dimmed as Iran tightened control ov...
- Avis Budget shares touch record high as short squeeze hammers bearish betsAvis Budget shares surged to a record high, fueled by a significant short squeeze. High short interest, exacerbated by major holders like S...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended sharply lower on Monday, with Nifty and Sensex pressured by broad-based selling in financials, auto, and consumer sto...
- National Manufacturing Mission: A new blueprint to boost 'Make in India'The National Manufacturing Mission aims to integrate India into global value chains and boost employment. Success hinges on supporting sect...
- Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demandShares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on impor...
- Wall St Week Ahead-Struggling Dow transport stocks could be economic warning signalThe Dow Jones Transportation Average has fallen 5% this year, contrasting with the S&P 500 and Dow Jones Industrial Average. Chuck Carlson ...
- Discounts to light up ecommerce festive fever; Intel India gets new presidentWith the festive season just weeks away, online marketplaces are lining up steep discounts to cash in on the customer demand for smartphone...
- Goldman, Morgan Stanley bid to buy into mapmaker MapmyIndia’s IPOMapmyIndia, officially C.E. Info Systems Ltd., said Monday it’s raising as much as Rs 1,040 crore ($138 million) by selling shares at Rs 1,...
- As stock markets set new records, hedge-fund managers aren't buying the frenzySuperlatives on the rally are piling up. Without a single down session, the Nasdaq 100 just scored two perfect weeks in a row, something th...
- Wall Street mints record highs, helped by strong earnings; Fed up nextThe S&P 500 and Nasdaq notched record closing highs for a fourth straight session, while the Dow Jones Industrial Average posted its third ...
- 'Revenge travel': Because home is not where the heart is after months of lockdownThere is even a term for it - 'revenge travel'. So when states started opening up after a ferocious second Covid wave, people headed out in...
- Sequoia-backed Zoomcar eyes US listing via SPACZoomcar is considering a US listing via a SPAC within 12 months to tap markets beyond its home base of India and as pandemic-related concer...
- Toyota invests $500 million in Uber to get self-driving cars on the roadAs part of the pact, Toyota will manufacture Sienna minivans equipped with Uber’s self-driving technology and another company will operate ...
- New 'stay calm, don't panic' CEO Salil Parekh aims to steady troubled InfosysParekh will have to balance maintaining a genial relationship with strong-willed founders such as Murthy with taking bold steps to revive g...
- Infosys seeks new CEO ready to enter war between board, foundersInfosys also currently faces deep business challenges, from slowing growth and automation to hostility from the Trump administration in US.
- These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
- GDS players venture into car rentals and cruisesEven as the travel market in India grows rapidly, the Global Distribution System (GDS) players are charting new paths.
- Apollo to acquire US home broker Realogy for $6.4bApollo Management agreed to buy Realogy, the owner of the Century 21 and Coldwell Banker real-estate brokers, for about $6.4 billion in a s...
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