Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, as retail investors continued to pour money into equities even as uncertainties centring around the Iran war weighed on sentiment, data from the Association of Mutual Funds in India showed on Friday. As the
As the first-quarter (Q1) earnings season shifts into high gear next week, investors are bracing for a wave of data from nearly 6% of the benchmark S&P 500 index. While heavy hitters like Netflix Inc and JPMorgan dominate the headlines, seasoned traders are looking at a specific subset of companies: those with a “beat and
Shares of Sodexo plunged sharply after the French catering and facilities management group reported weaker-than-expected first-half earnings and cut its full-year guidance. The stock fell 13% to 38.42 euros in European morning trade, extending its decline to more than 12% since the start of the year. Profit and margins disappoint Sodexo reported an underlying operating
CoreWeave shares moved higher in premarket on Friday after the company announced a multi-year agreement with artificial intelligence startup Anthropic, adding to a strong run driven by a string of high-profile partnerships. The stock gained following the news, extending weekly momentum after recent announcements, including a [MONEY value=”21000000000″ currency=”usd” notation=”long” replace=”false”] deal with Meta Platforms.
Tom Lee’s BitMine (BMNR) and Michael Saylor’s Strategy (MSTR) have become the biggest Digital Asset Treasury (DAT) companies in Wall Street. Their stocks have plunged sharply from their all-time highs as Ethereum and Bitcoin prices have plunged in the past few months. This article explores why BMNR is a better investment by far. BMNR is
Wall Street’s main indexes were subdued on Friday as investors weighed largely in-line inflation data against persistent geopolitical risks stemming from the Middle East conflict. Major indexes edged higher in early trading, with the S&P 500 up around 0.28%, the Nasdaq 100 gaining 0.43%, and the Dow Jones Industrial Average was down 40 points or
. Euro zone government bond yields were on course for a weekly increase, even after experiencing their steepest drop in years earlier this week. The move comes as geopolitical tensions surrounding a ceasefire between the United States and Iran continue to show signs of strain, keeping markets on edge. Borrowing costs across the region largely
Shares of CoreWeave rose on Thursday after the company announced an expanded long-term agreement with Meta Platforms valued at approximately [MONEY value=”21000000000″ currency=”usd” notation=”long” replace=”false”], underscoring strong demand for artificial intelligence infrastructure. The deal extends CoreWeave’s role as a cloud provider for Meta’s AI initiatives through December 2032, building on an earlier agreement signed last
Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside The daily chart points to more
US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.