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EDITING BY SAUMYADEB CHAKRABARTY
AMD shares fall 13% as dour forecast shows tough competition in AI tradeAdvanced Micro Devices shares plunged 13% after a lackluster sales forecast deepened investor doubts about its ability to compete with Nvid...- European stocks edge higher as investors weigh impact of French govt collapseEuropean stocks hovered near one-month highs on Thursday with French equities rising after lawmakers in the country voted to topple Prime M...
- Uber shares slide 8% as slowing bookings growth spooks investorsBookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and fell sho...
- US stock indexes end up; Nasdaq, S&P 500 hit record highs on payrolls dataAccording to preliminary data, the S&P 500 gained 29.67 points, or 0.54%, to end at 5,566.69 points, while the Nasdaq Composite gained 163....
- Crypto ransom attack payments hit record $1 billion in 2023: ChainalysisPayments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on We...
- Wall St futures edge lower as investors await data, policy cuesIn the US, the investors will look out for the "Beige Book", the Fed's compendium of reports about the economy, on Wednesday. The personal ...
- US stocks open flat ahead of Fed rate decisionThe Dow Jones Industrial Average rose 9.59 points, or 0.03%, at the open to 32,570.19.
- Uber sets sights on profits in 2023 as pandemic pain easesUber forecast adjusted EBITDA, a profitability metric that excludes some costs, between $660 million and $700 million for the first quarter...
- Rupee edges higher after RBI hikes rate, stays firm on inflationThe RBI raised the key repo rate by 35 basis points (bps) to 6.25%, as widely expected, in its fifth straight increase, and vowed there wil...
- Rupee nearly flat this week, premiums extend slideOn a weekly basis, the rupee remained little changed from last Friday's level of 81.6850. The local unit held a 81.44 to 81.9150 range amid...
- Trust Mutual Fund favours short-term bonds as inflation risks risePersistently high inflation increases the pressure on the central bank to hike rates more aggressively, leading to a rise in bond yields an...
- Goldman bets on Indian bond-swap spreads tighteningThe trade they recommend involves buying 5-year bonds, betting on Indian bonds being included in benchmark global indexes, while concurrent...
- India bond yields rise as investors focus on auction, inflation dataGlobal oil prices also gained, with the benchmark Brent crude oil contract rising for last two sessions through Thursday as the Internation...
- India 10-year bond yield seen touching 7.60% in near termThe yield on the 10-year benchmark Indian government bond could revisit its recent high of over 7.60% in the medium term as the central ban...
- Walmart posts biggest growth in online sales, while physical sales rise by 9.3 percentThe near-doubling of online sales also helped the biggest U.S. retailer to beat estimates for same-store sales in the second quarter.
- European stocks inch higher, banks slide after HSBC warningThe pan-European STOXX 600 index was up 0.1 per cent at 0714 GMT, with technology, automakers and oil & gas firms leading the gains.
- European shares slip as weak earnings offset Fed promiseThe pan-European STOXX 600 fell 0.4% by 0713 GMT, dragged by 1.5% declines in banking stocks and carmakers .
- Travel stocks weigh on Europe after UK quarantine move on SpainThe pan-European STOXX 600 fell 0.5% by 0718 GMT after recording its first weekly fall in four on Friday.
- India's Zydus Cadila to make Gilead's potential COVID-19 drug remdesivirZydus, listed as Cadila Healthcare, joins other Indian pharmaceutical companies Cipla Ltd, Jubilant Sciences Ltd and privately held Hetero ...
- European shares slump to 2012 lowsThe wider travel and leisure index plunged more than 12%. Europe's fear gauge jumped to a record high of 87.90.
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