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JMP SECURITIES
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...- Apple without AI looks more like Coca-Cola than high-growth techApple has fallen more than 10% this year, erasing around $330 billion in market capitalization, and ceding its position as the world’s most...
- JMC Projects soars 17% on bagging orders worth Rs 1,795 croreThe company’s shares, which had hit a 52-week high of Rs 130 on July 31, saw a surge in trading volumes of almost five times so far in the ...
- How trading apps are making the stock market more accessible than ever beforeSrivastava uses a handful of Indian trading apps, including Zerodha and Upstox, and often gets his financial advice from YouTube. The ambit...
- Enphase joins Tesla as latest clean tech firm to enter S&P 500Enphase Energy Inc., a California-based company that builds components that make solar power work, will join the index before trading opens...
- Wall Street bank trading boom does little to assuage concerns about lendingGoldman Sachs Group Inc and Morgan Stanley benefited most, because they do not have the lending operations of rivals like JPMorgan Chase & ...
- Tesla shares surge 13% as strong deliveries drive profit optimismThe median analyst price target for Tesla is $675, compared with its current price of $1,372
- FPI surcharge rollback will apply to F&O trades as wellSurcharge will still be applicable on capital gains from debt instruments.
- What caused the market crash? Big tax hit sends FPIs running for coverThe effective rate of tax would now be 39 per cent on income of Rs 2 crore-Rs 5 crore.
- Everyone wants a tax cut in Budget 2019: Here’s what’s feasibleFinance Minister Nirmala Sitharaman has a daunting task to keep everyone happy.
- ICICI Bank Investment sells 90.89 lakh shares in 3i InfotechICICI Bank Investment today sold over 90.89 lakh shares in software solutions provider 3i Infotech for Rs 3.59 crore through an open market...
- Save forests, save waterWorld Forestry Day has been celebrated since 1972 as a day to highlight the importance of forests and calling for urgent attention towards ...
- Chips are down: Intel slumps with IBM on weak demandThe global economic slowdown is prompting firms to curtail technology spending eroding profitability at Intel and trimming sales for IBM.
- Citigroup posts $468-million Q3 profit on tax benefitCitigroup, the third-biggest US bank, reported a $468 million profit for the third quarter, beating analysts' estimates on a $582 million t...
- Wall Street revenue to fall for 4th straight quarterAnalysts have lowered first-quarter earnings estimates at biggest US banks, saying trading revenue won't rebound as much as they had expect...
- Pandit set to report first profit as Citigroup CEOCitigroup, which took a $45 billion taxpayer bailout in 2008, may report net income of about $2.19 billion for the fourth quarter, based on...
- Google profit rises, revenue misses some forecastsGoogle Inc posted a higher-than-expected fourth-quarter profit, but revenue growth was not as strong as some investors had hoped, sending i...
- Goldman sets pulse racingGoldman Sachs Group reported a surge in third-quarter profit driven by trading and investments with the firm’s own money.
- Sotheby's doubles price guarantees for NY auctionSotheby’s has guaranteed 78% of the value of a contemporary art sale next month, increasing the risk of losses in a market weakened by the ...
- Few takers for Picasso in New York art salesPablo Picasso, the auction world’s top-priced artist, was a loser in this season’s New York sales as buyers opted for Gustav Klimt, who was...
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