The software industry, witnessing significant expansion, is driven by technological advancements, digital transformations across diverse sectors, and the mounting focus on data-oriented solutions. Given this backdrop, quality software stocks Semrush Holdings (SEMR), Dynatrace (DT), and Progress Software (PRGS) could be solid buys now. Read on…. Investments in digitalization are significantly increasing the demand for software … Read more
The software industry, witnessing significant expansion, is driven by technological advancements, digital transformations across diverse sectors, and the mounting focus on data-oriented solutions. Given this backdrop, quality software stocks Semrush Holdings (SEMR), Dynatrace (DT), and Progress Software (PRGS) could be solid buys now. Read on…. Investments in digitalization are significantly increasing the demand for software … Read more
PayPal (NASDAQ: PYPL), the online payment processor, has found itself in a curious position lately. While peers in the tech sector soared like skyrockets on the wings of e-commerce growth, PayPal remained grounded, trailing the pack by a significant margin. Yet, whispers of a potential breakout are starting to circulate, fueled by a recent change … 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
The persistent surge in technological innovation is fueling a steady demand for high-speed and more advanced products, propelling the tech sector forward. Therefore, let’s explore whether to buy or hold tech stocks Infosys (INFY), EchoStar Corporation (SATS), and Stratasys (SSYS) for 2024. Read on…. After an uncharacteristically sluggish performance in 2022, tech stocks have staged … Read more
New Delhi: FIIs, who have made a ‘U’ turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The rally is being driven by segments like banking and IT which were under … Read more
If you were to ask Chairman Powell if there is a “dovish tilt” by the Fed who would say emphatically no. That is because they are open to raising rates again if needed. However there is ample reason for investors to call his bluff given numerous facts in hand that say inflation coming down…rate hikes … Read more
For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest rate next year. Those envisioned rate cuts — which wouldn’t likely begin until the second half of 2024 — suggest officials think high borrowing rates … Read more
One of Goldman Sachs’ highest-paid executives is leaving the bank early next year after raking in roughly $100 million over the past three years — even more than CEO David Solomon, according to a report. Ed Emerson — a 47-year-old trader who leads Goldman’s commodities business and whose pay exceeded Solomon’s $77.5 million during the … Read more
Amid heightened demand for oil and gas, the energy sector is on the brink of substantial expansion. Moreover, Wall Street analysts expressed optimistic views triggered by constrained supply. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), ChampionX Corporation (CHX), and Liberty Energy (LBRT) could be solid buys for year-end gains. Read on…. The … Read more
