The analyst said Aditya Birla Sun Life AMC has established strong support near the 200-day moving average, with a bullish crossover of shorter-term averages signaling potential upside.
The FOMC's consistent use of positive descriptive summaries about the economy and the labor markets is intentional. Investors and others are blindsided from economic reality until the negativity hits them squarely in the face.
Nvidia shrugged off an $8 billion hit from China export curbs by raising guidance, as soaring demand for Blackwell chips and AI infrastructure fuels record growth.
The Australian Dollar (AUD) remains subdued for the fourth successive session on Thursday, following disappointing Private Capital Expenditure data for the first quarter.
Its net income for the quarter ended April 30 rose to C$1.96 billion, or C$2.50 per share, compared with C$1.87 billion, or C$2.36 per share, a year earlier.
Markets decided to take a bit of a breather today after rebounding to start the holiday-shortened week. Then, after starting to nudge higher within the last hour of trading, all major indexes took a downturn into the close.
Nvidia Corp.'s (NASDAQ: NVDA) strong first-quarter performance highlights a quiet, yet fast-growing segment of the company that has long been overlooked by investors.
The company reported a 19% increase in subscription services revenue to $634.8 million and confirmed it had surpassed its 2025 revenue run rate goal of $3 billion.
Apple is reportedly set to rebrand all its operating systems with year-based names like iOS 26 and macOS 26 starting in 2025 to simplify branding and align software across devices.
GBP/USD pared further gains on Wednesday, stumbling for a second straight session and easing back below 1.3500 after a failed attempt to recapture 1.3600 earlier this week.
A federal trade court ruled President Trump didn’t have the authority to impose sweeping tariffs on virtually every nation, voiding the levies that have sparked a global trade war and threatened to upend the world economy.
The company has launched US employee buyouts and suspended global merit-based pay raises as part of a restructuring plan that includes job cuts, plant closures, and a $7 billion capital raise to manage mounting debt and weak margins.
The bottom-line results would have been $0.96 per share, excluding the charge related to the export curbs for its China-specific H20 chip and its tax impact.
Gene Munster urged investors to focus on Nvidia's booming AI business, calling it "on fire," while Ross Gerber criticized Trump-era China policies for damaging the chipmaker's growth in that key market.
Economist and market commentator Peter Schiff slammed Vice President JD Vance’s support for Bitcoin (CRYPTO: BTC) at an ongoing cryptocurrency conference Wednesday.
U.S. stock futures are rallying Wednesday evening after a Federal Court ruled that President Donald Trump overstepped his authority with the "Liberation Day" tariffs imposed at the beginning of April.
A U.S. federal trade court ruled that Trump exceeded his authority by imposing sweeping global tariffs under emergency powers, declaring the measures unlawful.
ARK Invest, led by Cathie Wood, made significant trades involving Tesla and Tempus AI amid insider sales and short seller scrutiny. $5.6 million in Tesla shares sold, $13.36 million in Tempus AI shares bought on Wednesday May 28, 2025.
