Representative image | Photo Credit: istock Equity benchmark indices Sensex and Nifty hit fresh all-time high levels in early trade on Thursday (September 26, 2024) amid a sharp rally in Asian markets and buying in IT stocks. The BSE Sensex climbed 202.3 points to reach an all-time record peak of 85,372.17 in early trade. The … Read more
Asian investors trod carefully on Tuesday after the latest bounce in optimism fueled by hopes Federal Reserve boss Jerome Powell will signal an interest rate cut in a highly anticipated speech to top central bankers this week. With recent data indicating the US economy remains in good shape as inflation slows and the labor market … Read more
Stock markets fluctuated Tuesday as rising expectations that Donald Trump will return to the White House played up against expectations that the Federal Reserve will cut US interest rates at least once this year. Traders struggled to extend gains on Wall Street, where the Dow on Monday chalked up its first record since May. The … Read more
The data of nearly all customers of the U.S. telecommunications giant AT&T was downloaded to a third-party platform in a security breach, the company said Friday, as cyberattacks against businesses, schools and health systems continue to spread globally. The breach, most of which took place over five months in 2022, hit customers of AT&T’s cellular … Read more
More people are increasingly paying attention to retirement planning, as older millennials near 45 and GenZ are starting serious financial planning earlier, with some planning to retire by 60. The growing trend of more conscious spending and saving for the future amid looming risks of Social Security benefits reductions within a decade has led to … Read more
New York Mets owner and CEO Point72 Steven A. Cohen, 67, recently disclosed that he is bullish on AI’s long-term prospects and described it as a “really durable theme” for investing. According to sources, he plans to launch a separate, AI-focused hedge fund that trades AI hardware and semiconductor firms worldwide. The asset management firm … Read more
New Delhi: Global bull run in equities led by the US market is showing no signs of exhaustion, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. In the US, the rally is being led by the tech stocks. Nvidia’s excellent results have sparked a rally in all AI related tech stocks. This is … Read more
Mumbai: Domestic equities witnessed a second day of consolidation amid positive global cues on Tuesday. Nifty opened higher and touched new lifetime high of 21,505 before ending Tuesday with minor gains of 34 points (+0.2 per cent) at 21,453 levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. The Sensex climbed … Read more
