U.S. stock futures pushed higher in pre-market trading Thursday as investors weighed minutes from the Federal Reserve’s last meeting and looked ahead to the release of weekly employment data. Futures tied to the S&P 500 rose slightly while Dow Jones Industrial Average futures added 100 points, or roughly 0.3%. Contracts on the tech-heavy Nasdaq Composite … Read more
NEW DELHI: Seasoned investor Rakesh Jhunjhunwala on Thursday made over Rs 600 crore in intraday gains on notionally, as a business update by the Tata group company, his biggest stock bet, received thumbs up from analysts and Dalal Street investors. Within a few minutes into trading, shares of were trading 6.86 per cent higher at … Read more
Seasoned investor Anil Kumar Goel and his wife Seema Goel have stayed put on in the June quarter, even as the scrip has remained under pressure for long. Anil Kumar Goel held 6,500,000 shares or a 2.76 per cent stake in the company as of June 30, the same as the March quarter. Seema Goel, … Read more
Text size Rivian delivered 4,467 vehicles in the second quarter, up 264% from the first quarter. Courtesy Rivian Rivian Automotive gave investors an update on production that quickly sent the stock higher Wednesday. The company’s numbers show it has sold more electric pickup trucks than truck giant Ford Motor . For the second quarter, Rivian … Read more
Zhanna Kavaliova/iStock via Getty Images Mercer International (NASDAQ:MERC) +10.9% in Wednesday’s trading after Credit Suisse upgraded shares to Outperform from Neutral with a $19 price target, citing “pulp positives aplenty” after shares slid 7% yesterday following a fire at the company’s Stendal pulp mill. Despite some near-term concerns around the impact of the fire and … Read more
Text size How the Federal Reserve under Jerome Powell will handle red-hot inflation is key for investors. Drew Angerer/Getty Images The stock market was slightly lower Wednesday, after a rally in technology stocks on Tuesday. Next up: the release of minutes from the Federal Reserve’s most recent meeting. Dow Jones Industrial Average futures have fallen … Read more
NEW DELHI: Private sector lender , which has underperformed Nifty Bank over the last two years, can rally up to 26 per cent in the next one year and can even hit a market capitalisation of $100 billion in the next four years, foreign brokerage firm Goldman Sachs said in a report. “We believe could … Read more
Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. The stock market closed mixed Tuesday, but techs led a strong recovery even as recession fears slammed Treasury yields and commodity prices. X The Dow Jones closed lower, but well off lows, while S&P 500 eked out a small gain. The … Read more
The Dow Jones fell despite rallying into the close, with Nike (NKE) and Apple (AAPL) making some of the best gains. Tesla (TSLA) rose despite disappointing delivery data. A Warren Buffett stock fell even as it emerged Berkshire Hathaway (BRKB) had raised its stake. A trio of stocks made bullish moves amid the mixed action. … Read more
Adani Enterprises, part of Adani Group Companies, rose a little over 50 per cent in the last year and chart patterns suggest that the upside is likely to continue. The stock hit a 52-week high of Rs 2420 on 27 April 2022 but then the trend went sideways. Recent price action pushed the stock above … Read more