Zomato Ltd has outpaced gains in all the world’s major delivery stocks over the past year, sending analysts scrambling to boost their outlooks for the Indian company as its profitability improves.Price target upgrades for Zomato in the past 12 months exceed those for all other stocks in a Bloomberg Intelligence gauge of global ride sharing and delivery peers. At least five brokerages have lifted their estimates for the shares in just the past few weeks, including Citigroup Inc and HSBC Holdings...
The S&P 500 has done well lately. Over the last year, the index has gained
Last week was a bad week for Intel (NASDAQ:INTC). The shares took a heavy beating, falling by 8% after, for the first time, the company released separate financials
Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
The adoption of AI is just getting started, offering astute investors the
Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
According to Chris Vermeulen, the Chief Investment Officer (CIO) of Technical Traders. This could lead to a bear market and a challenging "reset" that may negatively impact returns for years. read more
MCF Advisors LLC reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,901 shares of the company’s stock after selling 653 shares during the quarter. […]
HONG KONG (AP) — Asian stocks tumbled Friday, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region, and U.S. futures were sharply lower. Oil prices jumped about $3 as the state-run IRNA news agency reported that Iran []
HONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their
India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.
Hong Kong has a “bright future” after the enactment of a new national security law, Beijing’s top man on the city’s affairs has said, as he hit back at criticism of the law. Xia Baolong, the director of Beijing’s Hong Kong and Macao Affairs Office (HKMAO), on Monday hailed the recent legislation of the new […]