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Tech Mahindra shares surge to new high post Q2 results. Should you buy, sell or hold?
Shares of Tech Mahindra surged over 6% to ₹1,622 apiece on the BSE in Tuesday's opening deals after the IT company reported a 26% year-on-year (YoY) increase in its September quarter net at ₹1,338.7 crore and expects to maintain the trajectory. As per
This Day in Market History: The Toronto Stock Exchange Launches
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this
5 Technology Stocks to Watch Ahead of Earnings This Week
The week of Oct. 25 is shaping up to be a big one for anyone that holds index funds or has exposure to technology stocks. Five of the
Tesla Supplier Panasonic Showcases EV Battery for Tesla: What You Need to Know
Tesla supplier Panasonic Corp. showcased its 4680 cylindrical battery that Elon Musk has called the lowest-cost way to power an electric car, the
Union Properties and Gulfa call out speculators using social media to hurt their stock prices
Dubai: Here’s an alert for UAE stock market investors – do not get swayed by what you hear or read on social media about the listed companies they have invested in. Two DFM-listed companies have issued such warnings in the last few days. And both have said
Focus on RPSG Ventures, HDFC, HDFC Bank, Quess Corp, Mindtree, Zee Entertainment, Bharti Airtel
RPSG Ventures: The Board of Control for Cricket in India (BCCI) announced on Monday. CVC Captial Partners, a private equity and investment advisory firm, won the bid for the Ahmedabad team, while the RPSG Group, an Indian conglomerate, won the bid for the
SGX Nifty signals 80-point gap-up opening for Nifty
Indian markets are likely to open positive note on Tuesday, thanks to strong global cues. However, the settlement of NSE derivative contracts on coming Thursday, will keep the market volatile. Though the headline benchmarks show some resilient, broader markets
CapitaLand China Trust net property income surges 81.1% for first 9 months
SINGAPORE (THE BUSINESS TIMES) - CapitaLand China Trust (CLCT) saw an 81.1 per cent year-on-year rise in net property income (NPI) for the first nine months of 2021 to 903.4 million yuan (S$190.7 million), its manager said in a business update on Tuesday (Oct
ASX up 0.2%; Crown gains 8.5%, Nanosonics up 8.5%
The S&P;/ASX 200 opened higher and was still 0.2% higher, up 17.4 points to 7458.4 by noon, with soaring casino stocks and tech stocks leading the way. ...
Wall Street thinks China will never invade Taiwan - but don’t bet on it
A move against the island would trigger global chaos across global finance and herald a new Cold War. ...
The world is nowhere near to kicking its dirtiest habit
The burning of coal represents the biggest single obstacle to meeting the Paris Agreement goal of limiting warming to 1.5 degrees. ...
Rakesh Jhunjhunwala increases stake in this portfolio metal stock
Indian ace investor Rakesh Jhunjhunwala has raised his stake in PSU metal company Steel Authority of India (SAIL) during the July-September 2021 period, the recent shareholding data on BSE showed. The investor had added the PSU metal stock in his portfolio in
Stock markets likely to consolidate; telcos, Eicher Motors, Axis Bank in focus
MUMBAI: Indian stock markets will likely consolidate on Tuesday while trends in SGX Nifty indicate a flat opening for Indian benchmark indices. On Monday, the BSE Sensex ended at 60,967.05, up 145.43 points or 0.24%. The Nifty closed at 18,125.40, up 10.50 or
Fino Payments Bank sets IPO price band at ₹560-577 a share
MUMBAI: Fino Payments Bank Ltd has set the price band for its initial public offering (IPO) at ₹560-577 a share. The issue will open for subscription on 29 October and close on 2 November. The IPO consists of a fresh issue of ₹300 crore and offer for sale of
Stocks to Watch: Axis Bank, Bajaj Finance, BPCL, Airtel
NEW DELHI: Here is the list of top 10 stocks that could be in news on Tuesday: BPCL: India’s plan to privatise Bharat Petroleum Corp. has run into rough weather with bidders struggling to find partners and spread their financial risks. The three suitors--the
IEX, SAIL continue to be among stocks under NSE's F&O ban list
As many as six stocks/securities have been put under the futures and options (F&O) ban for trade on Tuesday, October 26, 2021 by the National Stock Exchange (NSE). These securities are banned under the F&O segment as they have crossed 95% of the
Government aims to privatise 13 airports by March
AAI has decided to club seven small airports with six big ones--Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur; and Trichy with Hubli. ...
Crown given 2 years to clean up or lose its flagship Melbourne casino
SYDNEY (BLOOMBERG) - Crown Resorts has been given two years to save its flagship Melbourne casino by addressing a litany of wrongdoing after being found unfit to hold a gaming licence. In an unprecedented step to rein in Crown, a so-called special manager has
Keppel Reit distributable income up 20.8% for first 9 months
SINGAPORE (THE BUSINESS TIMES) - Keppel Reit said its distributable income from operations for the first 9 months of 2021 rose 20.8 per cent year-on-year at $159.9 million. The manager said the rise was mainly due to contributions from the Victoria Police
Bitcoin, ether, other cryptos surge while dogecoin slips. Check cryptocurrency prices today
Cryptocurrency prices today surged as Bitcoin was above $63,000 level however, below its all-time high it had hit last week after the debut of the first US bitcoin futures exchange-traded fund. The price of the world's largest cryptocurrency by market
Selected potato prices
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Day trading guide for Tuesday: 6 stocks to buy & sell today — 26th October
Equity benchmark Sensex jumped 145 points to 60,967 on Monday, tracking gains in banking majors like ICICI Bank, Axis Bank, and amid losses in auto and IT stocks. The banking space continued to outperform with ICICI Bank leading the rally by surging to new
Facebook Q3 profit up 17% despite multiple controversies
Net profit surged to $9.2bn in the three months to September 30 ...
3 reasons why Harmony (ONE) rallied to a new all-time high
ONE hits a new all-time high following a series of major partnerships and the launch of a $300 million ecosystem development fund. ...
Tesla's blockbuster deal with Hertz paves way to take EVs mainstream
SOUTHFIELD, MICHIGAN (BLOOMBERG) - Hertz Global Holdings' US$4.2 billion (S$5.66 billion) deal with Tesla is about more than just an order for 100,000 cars. It is about vaulting electric vehicles into the mainstream. Not only does Tesla get a huge order at a
Kansas City Life Declares Quarterly Dividend
KANSAS CITY, Mo., Oct. 25, 2021 /PRNewswire/ --�The Board of Directors of Kansas�City�Life Insurance Company�declared a quarterly dividend of $0.27 per share on October 25, 2021. The dividend will�be payable�on�November�10,
Facebook Goes Fishing for Likes From Wall Street
Social media is far from perfect, but it is a game—for better or for worse—that is
Facebook Expects Metaverse Project Will Cost At Least $10 Billion—In 2021 Alone
The push into augmented- and virtual-reality tech is an expensive gambit by the company to win back young users. ...
Tesla zooms past US$1 trillion market cap on bet that the EV future is now
NEW YORK (REUTERS, BLOOMBERG) - Tesla surpassed US$1 trillion (S$1.35 trillion) in market value after landing its biggest-ever order from Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next
Alibaba Stock Loses $344 Billion in a Year in Historic Wipeout
In just a year, Alibaba Group Holding Limited has lost around $344 billion in market capitalization, the largest-ever decline in
What Pushed Solana Prices To A Fresh, All-Time High Today?
Solana's sol token attained its latest record price today. Market observers pointed to multiple factors as pushing the digital asset higher. ...
Xpeng unveils plan to go beyond electric vehicles
CHINESE electric vehicle (EV) startup Xpeng Inc. on Sunday unveiled details of new products and features including an assisted driving system, a faster charging infrastructure and a flying car as it signaled its intent to expand from its auto-manufacturing
Thermal coal futures fall for a fourth day
CHINA’S thermal coal futures fell for a fourth day yesterday, extending losses since last week when they cooled from record highs after the government said it would intervene to tame prices. The most-active thermal coal futures on the Zhengzhou Commodity
Wall Street giants turn into China stock bulls
BLACKROCK Inc. and UBS Group AG have turned positive on China’s beaten-down equities, citing investors’ growing comfort with China’s regulatory actions and an improving earnings outlook. The upgrade to overweight by the world’s biggest asset manager and UBS,
Big firms’ profits set to lose steam
A COMBINATION of raw material inflation and weak consumer spending has made the third quarter a brutal period for China’s biggest companies, with property, agriculture and power generation sectors set to show the worst plunges in profit. Roughly a quarter of
Elon Musk's wealth surged by $36 billion, the largest single-day gain Bloomberg's ever recorded
Tesla CEO Elon Musk is the world's richest person by a nearly $100 billion margin. picture alliance / Getty Images Elon Musk's net worth jumped to $288.6 billion on Monday, according to Bloomberg. Tesla's market value surged 13%, passing $1 trillion for the
Bursa Malaysia opens lower before turning higher
MARKET Bursa Malaysia opens lower before turning higher " data-media=""> 25/10/2021 09:38 AM KUALA LUMPUR, Oct 25 -- Bursa Malaysia's key index opened lower but turned higher soon after, lifted by selected heavyweights. At 9.05 am, the benchmark FTSE Bursa
Ringgit ends higher against US Dollar
MARKET Ringgit ends higher against US Dollar " data-media=""> 25/10/2021 06:40 PM KUALA LUMPUR, Oct 25 -- The ringgit ended higher against the greenback on Monday, boosted by the positive sentiment towards the tabling of Budget 2022 this week, as well as the
KLCI futures higher in early trade
MARKET KLCI futures higher in early trade " data-media=""> 25/10/2021 09:37 AM KUALA LUMPUR, Oct 25 -- The FTSE
FBM KLCI futures end higher
MARKET FBM KLCI futures end higher " data-media=""> 25/10/2021 07:17 PM KUALA LUMPUR, Oct 25 -- The FTSE Bursa Malaysia
Ringgit falls against US dollar at opening
MARKET Ringgit falls against US dollar at opening " data-media=""> 25/10/2021 09:47 AM By Nurunnasihah Ahmad Rashid KUALA LUMPUR, Oct 25 -- The ringgit depreciated against the greenback at
CPO futures rebound on tight supply
MARKET CPO futures rebound on tight supply " data-media=""> 25/10/2021 07:37 PM By Siti Noor Afera Abu KUALA LUMPUR, Oct 25 -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on tightened inventories and limited capacity
Bursa Malaysia ends lower on cautious sentiment
MARKET Bursa Malaysia ends lower on cautious sentiment " data-media=""> 25/10/2021 05:46 PM By Siti Radziah Hamzah KUALA LUMPUR, Oct 25 -- Bursa Malaysia ended lower on Monday, amidst cautious trading ahead of the Budget 2022 announcement on Friday. At 5 pm,
Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it
Here’s how options traders would play the “very high volatility” that Binance founder Changpeng Zhao suggested will impact the crypto market over “the next few months”. ...
Former Levi Strauss executive named JCPenney's CEO
Simon Property Group Inc. SPG, +1.16% and other owners said late Monday that Marc Rosen has been appointed chief executive officer
London Stock Exchange chief gets pay rise even after backlash
The London Stock Exchange will press ahead with a huge pay rise for its chief executive despite a backlash from shareholders. In April, 24 per cent of investors who voted opposed the pay
Tesla becomes first $1trillion carmaker as shares surge
Tesla became the first $1trillion carmaker as shares surged after it signed its largest-ever order with rental car firm Hertz. The electric car group, headed by the
Saga's boss slams previous private equity owners
Saga's boss slammed its previous private equity owners as he admitted the company has lost its way.� Euan Sutherland, who joined the over-50s insurance and holiday specialist in January last year, criticised a lack of investment following its �1.35billion
What does £530m LV takeover mean for YOU?
The planned sale of LV to Bain Capital has set alarm bells ringing among customers, members and staff. If it goes ahead, the £530m deal will see one of Britain's oldest financial institutions, formerly Liverpool Victoria, fall into US private equity hands. It
Mastercard expands cryptocurrency services with wallets, loyalty rewards
The credit card giant said it would offer these services in partnership with Bakkt Holdings Inc, the digital assets platform founded by NYSE-owner Intercontinental Exchange. ...
CNBC Markets Now: October 25, 2021
CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator. ...
Panasonic Unveils Prototype Battery to Help Tesla Lower Production Costs
TOKYO—Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc. lower electric vehicle (EV) production costs, in a
Tesla’s Stock Blasts Through $1,000: Is It Moon Bound or in Need of a Pit Stop?
Tesla Inc. was trading more than 13 percent higher on Monday, crossing above $1,000 a share and surpassing a $1 trillion market
Walker & Dunlop Adds Presence in Charleston, South Carolina with Capital Markets Hire
BETHESDA, Md., Oct. 25, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its footprint into Charleston, South Carolina with the addition of Walker Layne, Senior Director. As part of the company's Capital Markets group, Mr.
Oil prices hit a three-year high as the recovery in the global economy continues to ...
Oil prices hit a three-year high as the recovery in the global economy continued to boost demand. Brent crude rose to $86.70 a barrel – the
London Stock Exchange to press ahead with huge pay rise for chief executive despite backlash ...
The London Stock Exchange will press ahead with a huge pay rise for its chief executive despite a backlash from shareholders. In April, 24 per cent of investors who voted opposed the pay report, which raised David Schwimmer's basic salary by £200,000 to £1m.
One of Savile Row’s oldest tailors is on the hunt for a buyer to save ...
Collapse: Gieves & Hawkes dates back to 1771 One of Savile Row’s oldest tailors is on the hunt for a buyer to save it from collapse after 250 years in business. Gieves &
MARKET REPORT: James Fisher & Sons sees its shares crash to a nine-year low after ...
James Fisher & Sons saw its shares crash to a nine-year low after the firm sounded the alarm on profits. The FTSE250 group, which provides support services to the offshore energy, defence and shipping sectors, plunged 35.5 per cent, or 278p, to 506p after
Tesla becomes first $1trillion carmaker as shares surge after it sign its largest-ever order with ...
Tesla became the first $1trillion carmaker as shares surged after it signed its largest-ever order with rental car firm Hertz. The electric car group, headed by the world's richest man Elon Musk, saw its share price climb 13 per
Saga's boss slams previous private equity owners as he admits the company has lost its way
Saga's boss slammed its previous private equity owners as he admitted the company has lost its way. Euan Sutherland, who joined the over-50s insurance and holiday specialist in January last year, criticised a lack of investment following its £1.35billion
5 Bitcoin Developments You Need To Know About
I want to start by addressing the recent pullback in Bitcoin and Ether prices, as well as shares of crypto miners, since Bitcoin hit a new record high last week. ...
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days.
STI starts week with 0.1% dip amid mixed trading in region
Singapore stocks slipped yesterday amid mixed trading across regional markets. The benchmark Straits Times Index (STI) fell 0.1 per cent, or 3.28 points, to close at 3,201.86. Elsewhere in the region, major indexes in Japan, Malaysia and Indonesia slipped
SembCorp to develop solar, energy storage facility in Indonesia
Singapore-listed Sembcorp Industries will develop a large-scale integrated solar and energy storage facility in Indonesia's Batam, Bintan and Karimun (BBK) region, the company announced yesterday. The sustainable energy and urban development company has signed
S&P 500, Dow close at new highs as Facebook starts heavy earnings week
NEW YORK (REUTERS) - The Dow Industrials and S&P; 500 closed at record highs on Monday (Oct 25), as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.
Platform for crypto bets on Trump, sport and other topics faces probe
WASHINGTON • It is the go-to place for making crypto wagers on whether former US president Donald Trump retakes the White House and celebrities Jennifer Lopez and Ben Affleck get engaged. It is also under scrutiny by a top Wall Street regulator. The company is
Oei Hong Leong questions statement of Raffles' auditor
Billionaire Oei Hong Leong yesterday called into question an audited statement listing the emoluments paid to directors of Raffles Education
Joe Manchin says he's open to slapping new taxes on billionaires to pay for Biden's ...
Sen. Joe Manchin of West Virginia. AP Photo/J. Scott Applewhite Manchin says he's open to imposing new taxes on billionaires to cover the Democratic safety net package. "I'm open to any type of thing that makes people pay," Manchin told reporters on Monday.
Mitch McConnell slams Democrats' proposal to tax billionaires, calling it a 'hair-brained scheme' to penalize ...
Senate Minority Leader Mitch McConnell. AP Photo/Manuel Balce Ceneta Mitch McConnell criticized Democrats' plan to tax billionaires' assets, calling it a "hair-brained scheme." The proposal by Sen. Ron Wyden would annually tax the increased value of wealthy
US Government To Auction 4.94 Bitcoin Worth Over $300,000
GSA Auctions will auction 4.94 BTC in five different lots between October 26 and 28, its website shows.The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days.The auction will be held by GSA Auctions, the federal government’s online
Tesla hits $US1 trillion on Hertz bulk EV order, pushing Wall Street higher
The electric car maker's stock has pushed Wall Street higher and the Australian market is set to follow its good fortunes. ...
Apple 'very likely' to face Justice Department antitrust suit: report
Apple Inc. AAPL, -0.03% is in the cross-hairs of a potential antitrust lawsuit from
Mike Shanahan's Denver-area mansion sets record price after nearly 5 years on the market
The custom single-family home was built in 2008, the year that Shanahan was fired as the head coach of the Broncos. ...
Price analysis 10/25: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin and several altcoins are attempting to resume their uptrend, but higher levels are likely to witness strong resistance from the bears. ...
Investors poured a record $1.5 billion into crypto funds last week as the first bitcoin ...
Bitcoin. Thomas Trutschel/Photothek via Getty Images Investors poured a record $1.5 billion into the crypto market last week as the first-ever bitcoin ETF kicked off trading. This is the largest-ever weekly inflow, far surpassing the prior record of $640
A short-seller says the party is over for Digital World Acquisition Corp. after stunning rally, ...
Former US President Donald Trump leaves Trump Tower in Manhattan on July 19, 2021. James Devaney/GC Images James Devaney/GC Images Short-seller Iceberg Research said it is shorting shares of the SPAC set to merge with Trump's media company. Iceberg said Trump
El Salvador removes bitcoin pricing feature scalpers were exploiting on its Chivo system
A Chivo sign for El Salvador's bitcoin system is displayed in San Salvador. Camilo Freedman/APHOTOGRAFIA/Getty Images El Salvador yanks a feature on its Chivo network that people were illegally using to profit from bitcoin trades, Bloomberg reported. The
Dow, S&P 500 hit fresh records ahead of mega-cap tech earnings
New York Stock Exchange floor. AP Photo/Richard Drew US stocks closed higher with the Dow Jones Industrial Average and the S&P; 500 hitting new records. The fresh highs came ahead of the top five US tech companies reporting their third-quarter earnings this
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for December delivery was unchanged at $83.76 a barrel Monday. Brent crude oil for December
Stocks Close At Record Highs After Tesla Hits $1 Trillion In Market Value
Investors are looking ahead to major tech earnings this week, hoping they can further boost stocks. ...
Q3 results: NGX opens week bullish with N27bn growth
The nation’s bourse kicked off trading for the week on Monday on a bullish trend with a growth of N27 billion due to investors’ demand for consumer goods and insurance stocks. Specifically, the market capitalisation inched higher by N27 billion or 0.12 percent
Dow, S&P 500 score set of closing records Monday ahead of earnings deluge
The Dow Jones Industrial Average DJIA, +0.18% and the S&P; 500 index SPX, +0.47% finished at records on Monday, ahead of a deluge of third-quarter earnings results due
Wool and sheep price report
National Wool Review Oct. 22 Domestic wool trading on a clean basis had no confirmed trades reported this week. National Sheep Summary Oct. 22 Compared to last week: Slaughter lambs sold mostly steady to 20.00 higher. Slaughter ewes were steady to 20.00
Deepak Fertilisers raise Rs 510 crores through QIPs
This is the company's first external equity fundraising since its first public offering in 1982. The QIP saw a strong response from long-only institutional investors including 2 of the leading global FIIs - Smallcap World Fund and Fidelity. ...
Canara Bank raises Rs 1,500 cr through bonds
The bank said as many as 16 allottees have been issued the non-convertible, perpetual, taxable, subordinated bonds bearing a coupon of 8.40 per cent, it said. ...
Covid protocol, crowd management in markets must be strictly followed in festive season: Delhi HC
Covid protocol, crowd management in markets must be strictly followed in festive season: Delhi HC ...
Harmony’s ONE Token Targets $1 After Breaking All-Time High
Key Takeaways Harmony’s ONE token is up 126% since
Tesla CEO Elon Musk's fortune surges $39 billion on Hertz order
NEW YORK (BLOOMBERG) - Elon Musk's personal fortune jumped by almost US$29 billion (S$39 billion) to US$281 billion after Hertz Global Holdings placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay
The red-hot new bitcoin ETF could get too big for its own good and warp ...
Traders work on the floor of the New York Stock Exchange Spencer Platt/Getty Images Launch of the ProShares Bitcoin Strategy ETF has been a wild success, with the fund being the fastest ETF ever to attract $1 billion in assets.But that success is a
Donald Trump's SPAC gambit could make him richer than ever, with the ex-president and any ...
Former President Donald Trump. MANDEL NGAN/AFP via Getty Images Donald Trump is set to receive a 58% stake in the post-merger Trump Media & Technology Group, Bloomberg reported. That's a $4.8 billion stake he and any partners will own based on the DWAC stock
Tesla becomes 2nd-fastest company in history to hit $1 trillion valuation
Tesla CEO Elon Musk in Germany this week. Michele Tantussi/Reuters Tesla hit a $1 trillion valuation for the first time ever on Monday, after eclipsing $900 billion on Friday.The move solidified Tesla as the second-fastest company ever to hit the milestone
Valuing Bitcoin Based On HODLer Behavior
Introducing the Market-Value-to-Long-term-holder-Value (MVLV) and Market-Value-to-Illiquid-Value (MVIV) Bands on-chain metrics. October 25, 2021Defining Money After 12 years of adoption, the concept of bitcoin as digital money is now widely known. Ironically,
U.S. oil futures settle flat for the session, but Brent crude edges higher
Oil futures ended on a mixed note Monday, with U.S. prices settling unchanged for the session, easing
Enforce norms to avoid crowding in markets: Delhi HC
The court said that it does not want to see penalties being collected from people for violating Covid-19 norms. Instead, it wants the authorities to manage the crowd properly The bench also noted that in the status reports filed with the court, the authorities
Equities gain, U.S. yields fall as positive earnings season kicks into gear
Summary Major U.S. indexes trading higherCentral bank meetings, data later in week add riskWTI touches highest since Oct 2014, Brent hits three-year high NEW YORK, Oct 25 (Reuters) - Global equity markets rose on Monday, while U.S. Treasury yields dipped as
Argentine Stocks Continue To Surge After The PASO Primaries Eyeing 2023
The campaign for the primaries ended