Japanese Yen (USD/JPY) Analysis Japan’s July trade balance likely impacted by a significantly stronger yenEconomists and market participants expect another rate hike this yearUSD/JPY bearish continuation may receive a helping hand from the Fed Recommended by Richard Snow Get Your Free JPY Forecast Japan’s July Trade Balance Likely Impacted by a Significantly Stronger Yen Japan’s trade balance in July was...

​As Nvidia gets ready to announce its earnings for the second quarter of 2024, investors want to know if the darling of US chip stocks can regain recently lost ground. ​Key takeaways ​Nvidia will release its Q2 results on 28 August 2024 ​Revenue of $28,544 billion: +211.31% year-on-year (YoY) ​Q2 earnings per share of $0.64 expected ​Consensus of analysts ‘buy’...

US CPI Analysis US CPI prints mostly in line with estimates, yearly CPI better than expectedDisinflation advances slowly but shows little signs of upward pressureMarket pricing around future rate cuts eased slightly after the meeting Recommended by Richard Snow Get Your Free USD Forecast US CPI Prints Mostly in Line with Expectations, Yearly CPI Better than Anticipated US inflation remains...

US Dollar (DXY), USD/JPY, and Gold Latest US dollar weakens further ahead of key Fed chair speechUSD/JPY looks technically weakGold consolidating Friday’s record high.This year’s Jackson Hole Symposium – “Reassessing the Effectiveness and Transmission of Monetary Policy” – will be held on August 22-24 with Fed chair Jerome Powell’s keynote speech on Friday as the main attraction. Traders expect chair...

The rally in the Tata Motors stock comes ahead of the listing of its arm Tata Technologies Ltd on the bourses. Last heard, shares of Tata Technologies were trading at a premium of ₹420 in the grey market, suggesting a likely listing at ₹920 over its issue price of ₹500.

BHEL Share Price: The stock has been on an upward swing since November 22, and has gained  14% in the last five trade sessions. It has gained 105% this year, so far.

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

The Janata Dal-Secular supremo accused the Bharatiya Janata Party (BJP) of indulging in politics of polarisation and exploiting public sentiments, be it the Ram temple issue or the ongoing Sabarimala row.

The 47-year-old Australian national, who has been holed up in a back room of the Ecuadorean embassy in central London for over six years, was placed under a new set of house rules after he was allowed limited internet access recently after a seven-month hiatus.

More than 15,000 people who have seen Catland Books promotions on Facebook have expressed interest in attending the event, vastly exceeding the shop's 60-person capacity.

Traditionally, the Prime Minister hoists the national flag at the Red Fort on Independence Day, and in a first he did so on Sunday because soldiers of the Indian National Army faced trails by the British at Red Fort. 

09:13 AM EDT, 09/13/2024 (MT Newswires) -- (Updates with DigitalBridge ( DBRG/PJ ) declining to comment in the fourth paragraph.) DigitalBridge ( DBRG/PJ ) is mulling a sale of EdgePoint Infrastructure, Bloomberg reported Friday, citing people with knowledge of the matter. DigitalBridge ( DBRG/PJ ) is consulting with financial advisers and may expect a valuation of as much as $4...

09:12 AM EDT, 09/13/2024 (MT Newswires) -- Russia's central bank (CBR) hiked by 100bps on Friday, taking the policy rate up to 19% that only three out of 13 within consensus had anticipated versus holds for the others, noted Scotiabank. The key rate has risen by 950bps since just before Russian President Vladimir Putin invaded Ukraine in February 2022 and...

09:10 AM EDT, 09/13/2024 (MT Newswires) -- Consumer stocks were steady premarket Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) advanced by a slight 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive. RH (RH) shares rose past 20% after the company reported a fiscal Q2 revenue of $829.7 million...

09:05 AM EDT, 09/13/2024 (MT Newswires) -- MicroStrategy ( MSTR ) said Friday it bought about 18,300 bitcoins for roughly $1.11 billion in cash between Aug. 6 and Sept. 12. The company said it used the proceeds from a previously launched stock offering. MicroStrategy's ( MSTR ) aggregate holding as of Sept. 12 reached about 244,800 bitcoins, it said. Price:...

BTCs price troubles are not over yet as the asset tumbled to $62,500 yesterday before managing to recover around two grand. The altcoins have also bled out on a daily scale, and the total crypto market cap has remained well below $2.6 trillion. Bitcoins Latest Issues The start of the current business week and how it went were in total...

Google has expanded its native support for Ethereum wallet balances to include Ethereum Name Service (ENS) domains. This development was revealed by former ENS core team member Brantly Millegan through a post on X. Google Expands Functionality to ENS Domains The Ethereum Name Service, commonly known as ENS, provides human-readable domains such as example.eth, which can be linked to Ethereum...

A recent study has raised alarms after identifying a vulnerability in Apples M-series chips that has the potential to enable hackers to retrieve the cryptographic private keys of Mac users. In the absence of a direct resolution, the other method suggested by researchers may drastically hamper performance. Apple M-Series Chips Susceptible to Key Extraction The vulnerability in question functions as...

Bitcoins price has already gone through a massive rally in the past six months or so, perhaps fueled first by the hype of the spot ETFs in the US and then the actual demand for those products once they went live. As such, the asset broke its 2021 all-time high but faced a massive correction after that. With less than...