Meta Platforms Inc., the owner of social media apps Facebook and Instagram, decided to bar political campaigns and advertisers in regulated industries from using its new generative artificial intelligence or AI-based advertising products. With this […]
U.S. Stocks May Continue To Regain Ground In Early Trading
Following the rally seen in the previous session, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open for the markets, with the […]
Asian Shares Mixed Ahead Of Fed, BoE And BoJ Meetings
Asian stocks ended mixed on Monday as the conflict in the Middle East continued and investors looked for cues from a slew of central bank meetings due this week. The U.S. Federal Reserve, Bank of […]
Q3 uptick key to reversal of Jubilant’s fortunes
Weak like-for-like (LFL) growth in the July-September quarter of 2023-24 (Q2FY24), near-term demand worries and higher costs led to cuts in profit estimates for FY24 and FY25 of Jubilant FoodWorks. Some brokerages have downgraded its […]
Downgrades may pressure Voltas stock, quality control norms could impact sales
While most analysts have made EPS estimate downgrades for FY24, quite a few continue to recommend “Buy/ Accumulate” in expectations of strong overall growth through FY26. In the July to September quarter of 2023-24 (Q2FY24), […]
Bank Of Canada Leaves Rates Unchanged, Warns Further Increases May Be Needed
In a widely expected move, the Bank of Canada on Wednesday announced that it has decided to leave interest rates unchanged. The Bank of Canada held its target for the overnight rate at 5.0 percent, […]
European Shares Decline Amid Earnings Deluge
European stocks were subdued on Wednesday, as investors digested a slew of mixed earnings reports from the region and kept a wary eye on the situation in the Middle East amidst reports of an imminent […]
Faster-Than-Expected Australia Inflation Revives Chances Of RBA Rate Hike
Faster-than-expected inflation is likely to force the Reserve Bank of Australia to deliver a 25 basis point rate hike in November, which could be the last in the current tightening cycle. Consumer prices posted a […]
IPO filings remain robust in October despite recent turbulence in equities
Draft Red Herring Prospectus (DRHP) filing continued to be robust in October, signifying the optimism in the initial public offer (IPO) market despite the recent turbulence in equities. In October, 17 companies filed their offer […]
Reserve Bank of India may conduct OMO auction in first week of Nov
Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and maturity of bonds. […]