Market Updates

US stock close mixed on Powell's hawkish remark

 US stock close mixed on Powell's hawkish remark

Dow Jones closed higher, while S&P 500 and Nasdaq drifted on Friday, October 22, after Fed Chair, Jerome Powell's tapering remarks weighed on investors' sentiment. However, the optimism over the robust earnings has pushed the indices towards thei...

Read More...
FTSE 100 nears 52-week as Dow hits record peak

FTSE 100 nears 52-week as Dow hits record peak

  • October 22, 2021 04:44 PM BST
  • Abhijeet

US Markets: Wall Street indices started on a positive note with the leading stock indicator Dow Industrials and broader market index S&P 500 hitting fresh all-time highs, respectively, in the week hours of trading. The earnings optimism has prope...

Read More...
5 LSE stocks one can buy after retirement

5 LSE stocks one can buy after retirement

Highlights The UK’s pension system ranking jumped up to 9th place from 15th place a year earlier in the Mercer CFA Institute Global Pension Index 2021. In April, the state pensions in the UK will rise by 3.2% as the state pension increase...

Read More...
What’s going on with Intercontinental Hotels (IHG) shares?

What’s going on with Intercontinental Hotels (IHG) shares?

Highlights Intercontinental Hotels Group PLC reached an occupancy level of about 60 per cent in Q3 2021. IHG’s shares declined over 3 per cent, and it became the second-highest faller on the FTSE 100 index. The hotel sector would req...

Read More...
A look at Tesla’s Journey in 2021 and beyond

A look at Tesla’s Journey in 2021 and beyond

  • October 22, 2021 03:43 PM BST
  • Samta

Highlights  Tesla booked total revenue of US$13.75 billion, up 57% on year-over-year basis. Analysts predict price target of US$1,000 for Tesla. Despite a list of problems ranging from legal issues to supply chain constraints, the company...

Read More...
Is Ethereum going to hit $15,000 in the next six months?

Is Ethereum going to hit $15,000 in the next six months?

Is Ethereum going to hit $15,000 in the next six months?   Source: © Steveheap | Megapixl.com Image Description : ethereum price aud, ethereum aud, ethereum price prediction, cryptocurrency Highlights In 2021, ETH gained traction, an...

Read More...
LSEG shares slump nearly 7% as group expects muted Q4 2021

LSEG shares slump nearly 7% as group expects muted Q4 2021

  • October 22, 2021 03:05 PM BST
  • Abhijeet

Highlights  London Stock Exchange Group Plc shares slumped nearly 7% on Friday, 22 October The stock was the biggest loser among the 101 constituents of benchmark FTSE 100 Shares of LSEG stand with a year-to-date (YTD) loss of at least mo...

Read More...
3 EV focused stocks to buy before October ends

3 EV focused stocks to buy before October ends

Highlights One in every five vehicles sold in the EU was an electric vehicle in Q3, as per European Automobile Manufacturers' Association (ACEA). Battery-powered electric and plug-in hybrid vehicle model sales in the European Union constituted ...

Read More...
Top 5 green energy distributors in the UK

Top 5 green energy distributors in the UK

Highlights About 7 out of 10 customers believe that businesses that markets them green energy buy it straight from generators. Which? revealed that only a small number of the 33 energy distributors it surveyed produce their own renewable electr...

Read More...
UK launches world’s first green savings bond: What the savers can get?

UK launches world’s first green savings bond: What the savers can get?

Highlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows after the UK has raised a total of £16 billion in green sovereign bonds since the last month ...

Read More...
Bitcoin Trading’s Hard Enough Without Binance Psyching Us Out

Bitcoin Trading’s Hard Enough Without Binance Psyching Us Out

Highlights On Thursday, the price of bitcoin hit US$66,500 before dropping to under US$10,000, according to the popular US exchange The monumental crash, albeit momentary, has been blamed on an institutional trader’s rouge algorithm. The...

Read More...