Stock market

Indian equity indices decline for third day amid global market downturn
September 21, 2023 11:48 PM AEST| By InvestingThursday saw India's key equity benchmark indices, the Sensex and Nifty, fall for the third consecutive day, with a nearly 1% drop primarily driven by investors reducing their stakes in auto, banking,

International Paper a standout containerboard play: 5 big analyst picks
September 21, 2023 11:48 PM AEST| By InvestingInternational Paper (NYSE:IP) was upgraded to Buy from Hold at Truist Securities on Thursday with a price target of $43 - up $13 from the prior one.

ECB's Vujcic suggests possible end to borrowing cost increases
September 21, 2023 11:42 PM AEST| By InvestingBoris Vujcic, a member of the European Central Bank (ECB) Governing Council, has suggested that further increases in borrowing costs may not be necessary if the economic outlook aligns with the expect

Bank of England Holds Steady on Rates, Plans to Shrink Bond Purchases
September 21, 2023 11:40 PM AEST| By InvestingThe Bank of England (BOE) maintained its bank rate at 5.25% on Thursday, September 21, 2023, with a five-to-four vote by the Monetary Policy Committee (MPC). A minority in the committee favored a 25 b

AI chip industry sees turbulence as Google weighs manufacturing options
September 21, 2023 11:40 PM AEST| By InvestingThursday's stock market slump was marked by significant movements in the artificial intelligence (AI) chip industry. Investor discomfort with the Federal Reserve's commitment to battling inflation and

Bank of England Pauses Interest Rate Hikes, Relief for Mortgage Borrowers but Uncertainty Remains
September 21, 2023 11:38 PM AEST| By InvestingThe Bank of England (BoE) has decided to maintain the current base interest rate at 5.25%, marking a pause after 14 consecutive hikes. The decision on Thursday, September 21, 2023, offers some respite

Apple’s iPhone 15 Pro Max Sales Outperform Expectations Despite Economic Headwinds
September 21, 2023 11:30 PM AEST| By InvestingIn the face of economic instability marked by high inflation and interest rates, Apple (NASDAQ:AAPL)'s latest iPhone release, particularly the iPhone 15 Pro Max, is performing better than anticipated,

Walgreens and CVS: A Comparative Analysis of Dividend Prospects
September 21, 2023 11:30 PM AEST| By InvestingWalgreens Boots Alliance (NASDAQ: NASDAQ:WBA) and CVS Health (NYSE: NYSE:CVS), two leading pharmacy retailers, offer attractive yields to investors. However, the companies' differing financial situati

Finnish mobile carriers suspend Xiaomi sales over Russian presence
September 21, 2023 11:28 PM AEST| By InvestingThree of Finland's largest mobile carriers, Telia, DNA, and Elisa, have suspended sales of Chinese tech giant Xiaomi (OTC:XIACF)'s products as of Thursday. This decision comes in response to the compa

Midea Group plans billion-dollar IPO in Hong Kong
September 21, 2023 11:28 PM AEST| By InvestingThe Midea Group, a prominent home appliance manufacturer, is planning a potential initial public offering (IPO) in Hong Kong, according to information released on Thursday. The firm, established by bi

Seaport Research upgrades Enphase Energy stock to 'Buy' amid solar industry recovery anticipation
September 21, 2023 11:28 PM AEST| By InvestingSeaport Research Partners upgraded the stock rating of solar technology company, Enphase Energy (NASDAQ:ENPH), from Neutral to Buy on Thursday. The firm also set a new price target for Enphase at $185

Carrier Global's financial metrics indicate potential challenges
September 21, 2023 11:20 PM AEST| By InvestingCarrier Global (NYSE:CARR) appears to be facing financial difficulties as key indicators such as Return on Capital Employed (ROCE) and total capital employed are on a downward trend, suggesting lower

Bhutan and Bitdeer Technologies Group Collaborate on 600 MW Crypto Mining Project
September 21, 2023 11:18 PM AEST| By InvestingBhutan, the Himalayan Kingdom, has initiated a partnership with Bitdeer Technologies Group to establish a 600-megawatt cryptocurrency mining farm. The project, announced on Thursday, is part of an eff

MGM Resorts Recovers From Cyberattack, Resumes Normal Operations
September 21, 2023 11:16 PM AEST| By InvestingMGM Resorts (NYSE:MGM) International has announced the restoration of its digital systems across the U.S., following a 10-day shutdown due to a cyberattack. The Las Vegas-based company confirmed on Th

Bank of England maintains interest rates; Martin Lewis issues urgent advice to savers
September 21, 2023 11:10 PM AEST| By InvestingFollowing the Bank of England's decision to halt its base rate at 5.25% today after 14 consecutive increases since December 2021, renowned money-saving expert Martin Lewis has issued a crucial warning

SBI refutes claims of plummeting Indian household savings, cites shift to physical assets
September 21, 2023 10:58 PM AEST| By InvestingThe State Bank of India (SBI) has dismissed allegations that Indian net household financial savings have reached a five-decade low, arguing that the assessment of household saving capacity should also

Tether invests $420M in GPU chips amid AI tech sector growth
September 21, 2023 10:54 PM AEST| By InvestingRenowned cryptocurrency firm Tether Holdings has made a substantial strategic investment in the artificial intelligence (AI) tech sector, purchasing 10,000 Nvidia (NASDAQ:NVDA) H100 GPUs for $420 mill

Rising fraud rates in Canadian auto, credit card, and mortgage sectors - Equifax
September 21, 2023 10:44 PM AEST| By InvestingFraudulent activities within the Canadian auto, credit card, and mortgage sectors have shown a significant rise, as per the latest Equifax (NYSE:EFX) Canada Fraud Trends Report released on Thursday. T

Rathbones completes £839m merger with Investec W&I UK, appoints new board members
September 21, 2023 10:44 PM AEST| By InvestingOn Thursday, Rathbones announced the completion of its £839 million merger with Investec Wealth&Investment UK (Investec W&I UK), establishing itself as the UK's leading discretionary wealth manager w

Toronto-Dominion Bank's stock sensitive to institutional trading, holds 43% stake
September 21, 2023 10:44 PM AEST| By InvestingToronto-Dominion Bank's stock price has been found to be highly sensitive to the trading actions of institutional investors due to their significant stake in the company. With a substantial 43% of the

Advertise your brand on Kalkine Media