Wall Street Week Ahead: As earnings loom, investors weigh recession resilienceA market shift away from the handful of megacap technology and growth stocks that have powered the rally in the S&P 500 is not a given, cau...
08 Jul, 2023, 09.08 AM IST
S&P 500, Nasdaq rise as banks advance; Fed meet in focusThe S&P 500 and Nasdaq showed gains as investors awaited inflation data and the Federal Reserve's policy meet next week. Banks led a rally ...
06 Jun, 2023, 10.53 PM IST
NMDC is this week's stock pick: 4 reasons analysts are bullishNMDC aims to expand its annual capex to Rs.3,000 crore from 2024-25 onwards to improve its mining and logistics capacity, and boost product...
05 Jun, 2023, 06.30 AM IST
Small cap stocks poised to deliver good returns: 4 stocks with up to 50% upside potentialFall in earnings downgrades, pause in rate hikes and increased government spending boost prospects.
30 May, 2023, 04.51 PM IST
US stock market: Wall Street ends higher as Nvidia sparks rush for AI stocksWall Street had a robust day, with chipmaker Nvidia's stock soaring 24% after it forecasted that quarterly revenue would be 50% higher than...
26 May, 2023, 07.35 AM IST
Pinterest's ad woes hurt revenue growth, shares slumpWhile Pinterest said that the ad market was stabilizing, it warned the market was still uncertain.
28 Apr, 2023, 06.50 AM IST
Wall St Week Ahead: Recession fears pose challenge to energy shares after stellar yearEconomists and analysts in a Reuters survey forecast U.S. crude would average $84.84 per barrel in 2023, compared to an average price of $9...
28 Jan, 2023, 09.35 AM IST
S&P 500 closes slightly red as weak corporate guidance fuels recession fearsThat outcome has become the catalyst for the market one way or the other," Carlson added. "Earnings matter but what's really got the market...
26 Jan, 2023, 09.49 AM IST
China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
15 Nov, 2022, 05.44 PM IST
Wall Street ends strong month on weaker note; focus on Fed meetingWith around half of the companies in the S&P 500 having reported their quarterly results so far, third-quarter earnings growth estimates st...
01 Nov, 2022, 07.14 AM IST
Wall Street Week Ahead: Strong dollar looms over US earnings season"You seemingly can't get a break right now. We're starting to get some relief from oil prices, but you've still got the dollar banging on y...
23 Jul, 2022, 10.10 AM IST
Alibaba slashes sales outlook as competition bites, demand slowsFor the quarter ended Sept. 30, Alibaba earned 11.20 yuan per share on an adjusted basis, missing an average estimate of 12.36 yuan. Revenu...
19 Nov, 2021, 11.20 AM IST
European shares eye longest winning streak since JuneThe STOXX 600 index inched up 0.1% to hit an all-time high for an eighth consecutive session, with gains in retailers overshadowing decline...
11 Aug, 2021, 02.23 PM IST
S&P 500 slips but closes near record levelU.S. job openings rose in February to a two-year high while hiring picked up. The data came on the heels of Friday's strong payrolls report...
07 Apr, 2021, 06.11 AM IST
Tesla shares rise in busy trade ahead of S&P 500 debutElon Musk's Tesla on Monday will become the most valuable company ever admitted to Wall Street's main benchmark, accounting for over 1% of ...
18 Dec, 2020, 10.14 PM IST
Reopening rally? Speculative bubble? These days, it's hard to tellAfter a 15 per cent year-to-date rally, the S&P 500 trades at 22 times forward earnings, compared to a historical average of 15.3 times, ac...
18 Dec, 2020, 02.33 PM IST
How the year 2020 confounded Wall Street strategistsThe S&P 500 on Wednesday closed at around 3,360, which is around 4% higher than where it started the year.
01 Oct, 2020, 05.02 PM IST