October 5, 2024
Chicago 12, Melborne City, USA
Stocks

SoftBank-Backed Brainbees Soars 52% in Mumbai Trading Debut: An Investor’s Perspective

Brainbees Solutions Ltd., the parent company of popular baby-products retailer FirstCry, made a remarkable debut in the Mumbai stock market, with its shares surging 52% on the first day of trading. This significant leap marks the strongest listing-day gain for any major Indian initial public offering (IPO) in 2024. The IPO, which raised close to

Read More
Stocks

Stocks Fluctuate as Earnings Season Looms: Market Overview

Stocks hovered near record highs as investors braced for the upcoming earnings season while monitoring the U.S. presidential race and potential signals from the Federal Reserve regarding future policy moves. If the S&P 500 closes higher, it will mark its 35th record close this year. A survey from the Federal Reserve Bank of New York

Read More
Stocks

1 Stock to Buy, 1 Stock to Sell This Week: Micron, Walgreens

Stocks on Wall Street ended mostly lower on Friday, weighed down by a decline in shares of Nvidia (NASDAQ: NVDA), which dragged down the technology sector. Despite this, it was a generally positive week for the stock market. The Dow Jones Industrial Average rose 1.4% for its best weekly performance since May, the S&P 500

Read More
Stocks

Factory Activity Shows Signs of Recovery in May

Global factory activity exhibited signs of recovery last month, with contractions slowing in the eurozone and manufacturing activity gaining momentum in several of Asia’s largest economies. However, the U.S. stood apart with its output weakening for a second consecutive month, according to private business surveys released on Monday. Despite the softness in U.S. manufacturing, improved

Read More