With Tesla’s stock reaching its highest level in over two years, investors are flooding into bullish options bets on the electric vehicle manufacturer, hoping that Elon Musk’s strong relationship with President-elect Donald Trump will help the company. Tesla’s stock has risen more than 35% since the election on November 5 and was up almost 8%…
Today (November 12), FSN E-Commerce Ventures, the company running the Nykaa brand of beauty and wellness items online, is prepared to release its September quarter (Q2 FY25) financial results. According to news reports, Nykaa will post strong results for the current quarter because of the expansion of its Beauty and Personal Care (BPC) division. According…
On a day when benchmark indices saw volatility, Tata Motors’ share price increased by about 3% in morning trading on Monday, making it one of the top gainers among the Nifty 50 firms. Although Jaguar Land Rover’s margin weakness was the main cause of Tata Motors’ weak Q2 performance, analysts predict that the second half…
During intraday trading on Monday, November 11, shares of Asian Paints, the nation’s top paint and décor company, dropped 9.5% to ₹2,506 a share, the lowest level since April 2021. The company’s poor September quarter (Q2) earnings, which fell short of analysts’ forecasts in every way, were the cause of this decline. Soft demand circumstances,…
On Monday, November 11, shares of Aarti Industries, the Aarti Group’s main firm, fell 10% to ₹427 per share, reaching a 4-year low. This drop came after the company’s terrible September quarter performance when a steep increase in operating costs and poor energy segment performance caused net profit and EBITDA to hit multi-quarter lows. In…
Donald Trump promised to lower Social Security taxes during his campaign, but recipients might not realise the full cost of this change. Trump defeated Democratic opponent Kamala Harris in a close race to become the 47th president of the United States during this week’s elections. During a rally in July, he declared that he would…
ITI Ltd.’s shares jumped 9% to an intraday high of Rs 291 on the BSE today on the company’s announcement that it had been selected as the L1 bidder for the Rs 3,022 crore Middle Mile Network BharatNet project. In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the…
Depending on how next week’s presidential election turns out, a new administration will take office in the White House early next year, and one of the first issues it will encounter is Social Security. Social Security has been largely ignored despite an impending funding cliff that could lead to benefits cuts within the next decade,…
Data breaches have become all too common, leaving people unprotected and frantically seeking compensation or protection. Paycom, a well-known supplier of payroll and HR software, experienced a serious hack in 2023 when a flaw in the secure file transfer service MOVEit Transfer exposed customer information. Numerous clients’ identities were stolen due to this breach, which…
On November 6, 2024, Swiggy Limited’s first public offering (IPO) debuted on the Indian primary market. The Swiggy IPO will continue to accept bids until November 8, 2024. Accordingly, Swiggy’s IPO subscription will be available Wednesday through Friday of this week. The Swiggy IPO pricing range has been set by the online food delivery service…