Stock market

Hdfc Bank Merger Concerns Lead to Stock Target Price Reduction

Wednesday, September 20, 2023 - Following a meeting between HDFC Bank and various brokerages to discuss the upcoming merger between HDFC and HDFC Bank, analysts have reported dissatisfaction due to a

ARS Pharma shares plummet after FDA asks for extra test of nasal spray

Investing.com -- Shares in ARS Pharmaceuticals (NASDAQ:SPRY) tumbled by more than 55% in early U.S. trading on Wednesday after the Food and Drug Administration requested additional testing be performe

Experiential real estate sector fuels growth for REITs EPR Properties, Realty Income, and VICI Properties

The experiential real estate sector is witnessing a surge in demand driven by the younger generations' preference for experiences over product purchases. This trend has opened up a growth opportunity

Goldman Sachs launches sports franchise division to tap into rising franchise values

Goldman Sachs (NYSE:GS) is set to disrupt the sports and entertainment industry with the launch of a new division, Sports Franchise in Investment Banking. The initiative, announced on Wednesday, aims

Coinbase takes preventative measures amid ViaBTC's dominance on Zcash blockchain

In response to ViaBTC, a single mining pool, gaining control of 53.8% of the hash rate on the proof-of-work blockchain that supports the privacy coin Zcash, Coinbase (NASDAQ:COIN), a prominent cryptoc

Bitcoin Steadiness Expected Post-fed Decision, as Crypto Market Anticipates Rate Hold

The Federal Reserve (Fed) is set to announce its rate decision on Wednesday, September 20, 2023, at 14:00 ET. The announcement will be followed by a press conference with Jerome Powell, the Fed Chairm

Bank of America CFO Sees Diminishing Recession Likelihood Amid Robust Consumer Spending

Bank of America (NYSE:BAC)'s Chief Financial Officer, Alastair Borthwick, offered an optimistic view on the US economy during the company's annual financial CEO conference on Wednesday. He stated that

Japanese Markets Dip Amid Concerns Over US Fed’s Tightening Measures

Japanese equities, particularly in the game and auto sectors, suffered a significant hit on Wednesday, driven by growing concerns over the forthcoming decision on interest rates by the U.S. Federal Re

Meta Platforms Expands Payment Options on Whatsapp in India

Meta Platforms (NASDAQ:META) has announced the expansion of payment options on its messaging application, WhatsApp, in India. The announcement made on Wednesday, September 20, 2023, includes the intro

US Stock Indexes Rise Ahead of Federal Reserve’s Interest-Rate Decision

On Wednesday, U.S. stock indexes experienced an increase as the market eagerly anticipates the Federal Reserve's impending interest-rate decision. The Dow Jones Industrial Average (DJIA) witnessed a 9

Semiconductor Sector Experiences Growth, Asml and Aehr Test Systems See Stock Rally

In the booming semiconductor sector, ASML NV (NASDAQ: ASML) and Aehr Test Systems (NASDAQ: AEHR) have demonstrated strong performance over the past year. Both companies offer different investment oppo

UK Inflation Slows, Triggering FTSE Rise and Sterling Fall

The FTSE 100 rose and the pound fell on Wednesday, following the release of data indicating that UK inflation slowed to 6.7% in the year to August. The unexpected easing of inflation sparked a rally i

Gold prices mark fourth consecutive gain amid central bank decisions

Gold prices experienced a modest increase for the fourth consecutive session on Wednesday, as investors await key decisions on interest rates from major central banks, including the Federal Reserve, B

UK Inflation Hits 18-Month Low Despite Fuel Price Surge

In an unexpected twist, the United Kingdom's inflation rate declined to its lowest point in a year and a half on Wednesday, even amidst a recent surge in fuel costs. This unforeseen economic developme

Federal Reserve Expected to Hold Benchmark Interest Rate Steady

The Federal Reserve, the central bank of the United States, is anticipated to keep its benchmark interest rate unchanged, according to investors' expectations. This forecast comes ahead of the bank's

Apple and Goldman Sachs halt plans for iPhone stock trading feature

Apple (NASDAQ:AAPL) and Goldman Sachs (NYSE:GS) had been planning to co-develop a stock trading app similar to Robin Hood for iPhones, but the project has reportedly been abandoned, according to unnam

JSW Infrastructure sets IPO price band at Rs 113-119 per share, to open for subscription on September 25

JSW Infrastructure Limited announced today, Wednesday, that it has set the price band for its initial public offering (IPO) of equity shares at Rs 113 to Rs 119 per share. The company, which is part o

Block Shares Show Potential Despite Significant Drop From Peak Price

In a notable downturn, shares of fintech firm Block, formerly known as Square (NYSE:SQ), are currently trading 81% lower than their peak price recorded in August 2021. Despite this decline, the compan

Indian Stocks Hit 52-Week Highs, Reflecting Strong Market Sentiment

Wednesday marked a significant day for the Indian stock market as several large-cap stocks hit their 52-week highs, reflecting strong market sentiment and the outstanding performance of these companie

U.S. stocks are rising on optimism ahead of Fed rate decision