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NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

NEWS. Stock Market NEWS Updated Daily

Investors Heavily Search CocaCola Company (The) (KO): Here is What You Need to Know

Coca-cola (ko) is one of the stocks most watched by zacks.com visitors lately. so, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-06

Here is What to Know Beyond Why Advanced Micro Devices, Inc. (AMD) is a Trending Stock

Advanced micro devices (amd) has recently been on zacks.com's list of the most searched stocks. therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-06

Amazon.com, Inc. (AMZN) is Attracting Investor Attention: Here is What You Should Know

Amazon (amzn) has recently been on zacks.com's list of the most searched stocks. therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-06

Eli Lilly and Company (LLY) Is a Trending Stock: Facts to Know Before Betting on It

Eli lilly (lly) has been one of the most searched-for stocks on zacks.com lately. so, you might want to look at some of the facts that could shape the stock's performance in the near term.
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-06

Investors Heavily Search Pfizer Inc. (PFE): Here is What You Need to Know

Pfizer (pfe) has been one of the most searched-for stocks on zacks.com lately. so, you might want to look at some of the facts that could shape the stock's performance in the near term.
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-06

Robinhood Crypto gets Wells notice from US Securities, Exchange Commission

A wells notice does not necessarily mean that recipients have violated any law. the sec issues wells notices to firms when it is planning to bring enforcement action against them
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Market regulator Sebi's action on SME for manipulating financials

Bars add-shop e-retail; over 46% of sales in three fys fake
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

FPI shareholding in NSE companies at lowest in 11 years, shows data

Gap between fpi, dii narrows to new low of 163 bps
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

IndiGo places firm order for 30 Airbus A350-900 widebody aircraft

Airbus on monday said indigo has placed a firm order for 30 a350-900 planes. on april 25, indigo said it had agreed to place a firm order for 30 a350-900 aircraft, marking the budget carrier's entry into the wide-body segment. "india, the world's fastest g
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Muthoot Microfin Q4 results: Net profit jumps 27% to Rs 120 crore

Muthoot microfin on monday reported a 27 per cent rise in its profit after tax at rs 119.76 crore during march quarter of 2023-24. the non-banking finance company had reported a profit after tax (pat) of rs 94.56 crore in the corresponding fourth quarter o
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Reliance renews bid for US licence to import Venezuelan oil: Report

French oil producer maurel & prom separately on monday said the us on friday granted it a licence to conduct oil and gas operations in venezuela for the next two years
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Lupin Q4 result: Net profit up 52% at Rs 359 cr, revenue from ops rises 12%

'our us sales remain healthy driven by inhalation products, and our india formulation business is delivering ahead of market,' said nilesh gupta, mdirector, lupin
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

SC to hear Serum's plea challenging amendment to IT Act on May 17

With this plea, it also challenged the bombay high court's order that dismissed its petition against a 2016 amendment to the income tax act
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Robinhood Crypto gets Wells notice from US Securities, Exchange Commission

A wells notice does not necessarily mean that recipients have violated any law. the sec issues wells notices to firms when it is planning to bring enforcement action against them
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

ICICI Pru Life launches ULIP having fund value-based distributor payouts

Customers can choose from an array of 21 funds under this product, which includes 13 equity funds, four debt funds, and four balanced funds. additionally, they can choose from 4 portfolio strategies
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

GCPL posts loss after tax of Rs 1,893.21 cr in Q4; Rs 10 dividend announced

Consumers are spending more on a variety of the company's offerings, from cinthol soap to godrej expert hair colour
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Kamdhenu Q4 result: PAT up 56% at Rs 17 cr, total income rises to Rs 184 cr

Steel maker kamdhenu ltd on monday posted a 56 per cent rise in net profit to rs 16.8 crore in the march quarter compared to rs 10.8 crore in the year-ago period on the back of higher income. its total income rose to rs 184 crore in the period under review
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

CBDC pilot programmes for CPs, CDs likely: RBI governor Shaktikanta Das

Says permanent deletion of transactions can make e-rupee anonymous and at par with cash
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Short-term bond yields soften ahead of govt's buyback on Thursday

Rbi announced its plan to repurchase securities worth rs 40,000 cr
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Govt adopted pro-poor approach in GST implementation: FM Sitharaman

Finance minister nirmala sitharaman on monday said the government has adopted "a pro-poor approach" while implementing goods and services tax, and despite lower taxes rates the revenues as a percentage of gdp have reached the pre-gst level. in a post on x
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

RBI provisioning norms singe PSU banks, infrastructure financers

Move will impact roe, networth, say analysts
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Ahead of Market: 10 things that will decide stock action on Tuesday

Nifty 50 closed lower due to state-run banks, while s&p bse sensex closed slightly higher. analysts suggest selling if nifty breaches 22348 or rises to 22570-22620. us markets rose on fed rate cut hopes.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Lupin Q4 Results: Profit jumps 52% YoY to Rs 368 crore; revenue up 12%

Lupin reported a 52% yoy growth in net profit to rs 368 crore for march 2024 quarter. revenue increased by 12% to rs 4,961 crore. the company declared a dividend of rs 8 per share.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Muthoot Microfin Q4 Results: Profit jumps 27% to Rs 120 crore

The net interest income (nii) grew 47 per cent to rs 400 crore during the march quarter of fy24 from rs 272 crore in the year-ago period.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

IT stocks' valuation palatable, says Kotak Equities. Check top 4 picks

Infosys, tcs and hcl tech remain top picks of brokerage firm kotak institutional equities followed by cyient in the mid-tier segment amid an extended outlook for weak demand and macro uncertainty in the it sector.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

RBI working on off-line mode to boost retail CBDC volumes: Guv Shaktikanta Das

The reserve bank of india (rbi) is working to increase the acceptance of the central bank digital currency (cbdc) for retail transactions, despite the high number of transactions reaching 1 million per day. the rbi is focusing on making the digital currenc
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

MNP number shows competition intense as Jio, Airtel fight for Vi users

Telecom companies compete fiercely for market share. vodafone idea struggles without 5g. airtel and jio focus on service quality and rural expansion. broadband users increase, with jio leading the growth.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Blackstone in talks to acquire Adani Realty’s BKC office tower for Rs 2,000 cr

Blackstone group is finalizing the acquisition of adani realty's inspire bkc in mumbai's bandra-kurla complex. the deal is set at rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Tesla lays off more staff in software, service teams, Electrek reports

Tesla laid off staff from various departments, including software and engineering, following the disbanding of the ev charging department. the company is focusing on autonomous software and robotaxis, with layoffs affecting multiple locations and top execu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Construction equipment sales rise 26% to 1,35,650 units in FY24: ICEMA

India's construction equipment industry saw a 26% increase in sales to 1,35,650 units in the 2023-24 fiscal, thanks to the government's infrastructure-led growth agenda. the indian construction equipment manufacturers' association (icema) reported that the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Reliance renews bid for US license to import Venezuelan oil: Sources

Indian oil refiner reliance industries has resubmitted a request to the us for authorization to import crude oil from venezuela, allowing it to resume oil trade between the opec producer and venezuela. french oil producer maurel & prom has also been gr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Section of AIESL's permanent engineers plans to go on strike on May 24

1,700 aiesl engineers threaten strike from may 24 for immediate implementation of revised salary payments, citing discrimination issues and unfair labor practices.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Reliance Jio, Airtel and Vodafone Idea submit applications for upcoming Rs 96,317 crore spectrum auction

India's three private telecom operators, reliance jio, bharti airtel, and vodafone idea, are set to bid for a piece of 5g spectrum worth rs 96,317.65 crore in the next auction, set to start on june 6. the auction will cover airwaves in various bands, with
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

New all-in-one vaccine may prove effective against all coronaviruses

Scientists from oxford and cambridge universities have developed a new all-in-one vaccine that can protect humans against a broad range of coronaviruses, including those that are yet to emerge. the research, published in 'nature nanotechnology', is based o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Airbus confirms IndiGo's A350 aircraft order

On monday, airbus confirmed indigo's order for 30 airbus a350-900 aircraft, to be delivered from 2027. the confirmation indicates indigo's partial payment for delivery slots. the order's list price amounts to billion, yet bulk orders typically receive
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Serum Institute of India challenges tax amendment in SC; claims capital subsidies as non-taxable

Vaccine manufacturer serum institute of india (ssi) has filed a challenge to the supreme court against a 2016 amendment to the income tax act that made subsidies, grants, waivers, concessions, or reimbursements by the centre or states or incentives in cash
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Drone Destination signs pact with IFFCO for spraying agri products on 30 lakh acres of farm land

Iffco and drone destination collaborate on a significant deal to enhance agricultural productivity through drone spraying across 30 lakh acres. the partnership aims to revolutionize indian agriculture with innovative technologies and products.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-06

Why waiting until 2035 to fix Social Security will be too late

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

SEC’s crypto ‘carpet-bombing campaign’ draws flak after Robinhood’s Wells notice

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Reddit set to report first results since IPO. Analysts are eyeing its upside.

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Hims & Hers shares rally as forecast bumped higher, more profitability predicted

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Lucid posts bigger loss, but keeps production guidance intact

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Palantir boosts its earnings forecast on strong AI demand, but stock falls

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Dow ends more than 150 points higher as renewed rate-cuts hopes boost investors

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Boeing gets hit with fresh FAA investigation — this time over 787 Dreamliner

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Why a potential Israeli invasion of Rafah matters to the oil market

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Fed’s Barkin thinks the U.S. economy will slow further, cooling down inflation

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-06

Hogs on the Lower Side of Steady to Start the Week

Lean hogs settled the monday session with contracts steady to 77 cents lower. usda’s national average base hog negotiated price was up .03 in the monday afternoon report at .41. the cme lean hog index was up another 4 cents on may 2 at .96. usdaâ
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Cotton Resumes Slide on Monday

The cotton market resumed its slide on monday, as contracts were down 22 to 100 points at the close. the outside influences had little effect, as the us dollar index was up 42 points, with crude oil 57 cents higher. the us cotton crop was reported at 24% p
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Wheat Rallies From Overnight Weakness as KC Hits 5 Month High

The wheat complex faced initial selling overnight, but bulls woke up with a vengeance to rally all three exchanges on monday. chicago contracts ended out the day with gains of as little of 10 ¼ cents in the deferreds to 26 ¼ cents for the nearbys. kansas
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Cattle Mostly Lower on Monday, as Feeders pressured by Corn Strength

Live cattle closed the monday session with contracts down 15 to 87 cents across most contracts, as june was the lone higher contract, up 15 cents. cash trade was slow to develop last week, with sales of 4 in the south and a few trades in the north in a.
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Corn Rallies into Monday Close, USDA Confirms Slowdown to Planting Pace

Corn quickly erased the overnight weakness once the day session began, as contracts rallied throughout the day. futures were up anywhere from 2 to 10 cents across the board, with the strength led by the front months. export inspections data from this morn
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Soybean Rally Leads to 4-Month High

Soybeans ended the monday session withing a few cents from the day’s high. contracts were up 15 ¾ to 33 ¾ cents across the board at the close. forecasts for heavy rain totals in southern brazil, on top of already flooded areas, with some beans still to
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Commodities: Where Will Real Fundamentals Turn Bullish Next?

The commodity sector is heating up, with real fundamentals for a number of markets growing more bullish, as indicated by their forward curves.
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Beyond (BYON) Reports Q1 Loss, Lags Revenue Estimates

Beyond (byon) came out with a quarterly loss of .22 per share versus the zacks consensus estimate of a loss of [CO].92. this compares to loss of [CO].10 per share a year ago. these figures are adjusted for non-recurring items.
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Lucid Group (LCID) Reports Q1 Loss, Lags Revenue Estimates

Lucid group (lcid) came out with a quarterly loss of [CO].30 per share versus the zacks consensus estimate of a loss of [CO].25. this compares to loss of [CO].43 per share a year ago. these figures are adjusted for non-recurring items.
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Commercial Vehicle Group (CVGI) Misses Q1 Earnings and Revenue Estimates

Commercial vehicle group (cvgi) came out with quarterly earnings of [CO].13 per share, missing the zacks consensus estimate of [CO].18 per share. this compares to earnings of [CO].28 per share a year ago. these figures are adjusted for
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Talos Energy (TALO) Reports Q1 Loss, Tops Revenue Estimates

Talos energy (talo) came out with a quarterly loss of [CO].13 per share versus the zacks consensus estimate of a loss of [CO].29. this compares to loss of [CO].01 per share a year ago. these figures are adjusted for non-recurring items.
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Stocks Settle Higher on Solid Earnings and Fed Rate Cut Optimism

The s&p 500 index ($spx ) (spy ) monday closed up +1.03%, the dow jones industrials index ($dowi ) (dia ) closed up +0.46%, and the nasdaq 100 index ($iuxx ) (qqq ) closed up +1.13%. us stock indexes on monday settled moderately higher, with the s&p 500 a
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

Par Petroleum (PARR) Misses Q1 Earnings and Revenue Estimates

Par petroleum (parr) came out with quarterly earnings of [CO].69 per share, missing the zacks consensus estimate of [CO].75 per share. this compares to earnings of .25 per share a year ago. these figures are adjusted for non-recurri
Tag: Stocks USA    Source: nasdaq.com   Dated: 2024-05-06

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