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Finance News — Page 242

Powell Fed Exit Snagged by Pirro Probe Subpoena Ruling

Powell Fed Exit Snagged by Pirro Probe Subpoena Ruling

White House economic adviser Kevin Hassett said the Federal Reserve chair nomination is moving swiftly, but a judge upheld a block on subpoenas tied to a probe led by Jeanine Pirro that could delay Je

Economic Times Markets · 4mo ago
Aditya Shah backs HDFC Bank, IT largecaps as value bets

Aditya Shah backs HDFC Bank, IT largecaps as value bets

Investor Aditya Shah is backing HDFC Bank as his top conviction pick and sees largecap IT names now trading at P/E multiples of 10–18x as attractive for patient buyers, arguing Trump-driven market dis

Economic Times Markets · 4mo ago
BofA cuts Nifty FY27 earnings forecast to 8.5%

BofA cuts Nifty FY27 earnings forecast to 8.5%

India’s Nifty index looks cheaper but is under pressure from high oil prices, prompting analysts to cut FY27 earnings growth forecasts and warn of sector downgrades, while some note that large‑caps no

Economic Times Markets · 4mo ago
Morgan Stanley Sees Sensex at 95,000 by Dec 2026

Morgan Stanley Sees Sensex at 95,000 by Dec 2026

Morgan Stanley projects a fresh bull run for Indian equities, setting a Sensex target of 95,000 by December 2026 and naming ten stocks it is Overweight on, led by Adani Power and Trent.

Economic Times Markets · 4mo ago
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Stocks Rise as Israel‑Lebanon Talks Boost Market

U.S. equities rallied after Israel agreed to peace talks with Lebanon, lifting sentiment across the Dow, S&P 500 and Nasdaq, according to IBD, Yahoo Finance and the WSJ.

Google News Business · 4mo ago
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U.S. Markets Climb on Iran Ceasefire Optimism

U.S. stocks rallied on optimism that the fragile U.S.-Iran ceasefire will hold, lifting the S&P 500, Nasdaq and Dow even as oil prices spiked and broader geopolitical tensions linger for investors.

Google News Business · 4mo ago
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Burry says Palantir's lunch is being eaten, shares fall

Investor Michael Burry warned that Anthropic’s rapid AI growth is eclipsing Palantir, prompting an 8% drop in Palantir’s share price and underscoring the market’s shift toward plug‑and‑play AI solutio

Google News Business · 4mo ago
VOO vs QQQ: Lower Fees vs Heavier Tech Bet

VOO vs QQQ: Lower Fees vs Heavier Tech Bet

Vanguard's VOO and Invesco's QQQ share the same top holdings but deliver very different bets: VOO offers broad S&P 500 exposure at a fraction of QQQ's fee, while QQQ leans heavily into tech and growth

Motley Fool · 4mo ago
Amazon AI revenue hits $14B, chip business tops $20B

Amazon AI revenue hits $14B, chip business tops $20B

Amazon’s CEO Andy Jassy announced that AI services now generate a $14 billion run‑rate, representing about 10 % of AWS’s $142 billion revenue, while the company’s custom chip business surpasses $20 bi

Economic Times Markets · 4mo ago
Oil Tops $100 as Strait of Hormuz Traffic Stays Depressed

Oil Tops $100 as Strait of Hormuz Traffic Stays Depressed

Oil surged past $100 as post-ceasefire hopes for a quick return to normal Strait of Hormuz traffic collapsed, with tanker operators still avoiding the waterway and energy companies yet to fully restor

Economic Times Markets · 4mo ago
Buy Hindalco at Rs 985.65, Waaree Energies at Rs 3,232.3

Buy Hindalco at Rs 985.65, Waaree Energies at Rs 3,232.3

Analysts recommend buying Hindalco Industries at Rs 985.65 and Waaree Energies at Rs 3,232.3, citing bullish technical setups and upside potential of 7% and 8% respectively, while broader market remai

Economic Times Markets · 4mo ago
Carlyle Credit Fund Hit by 15.7% Redemption Requests

Carlyle Credit Fund Hit by 15.7% Redemption Requests

Carlyle's Tactical Private Credit Fund (CTAC) received repurchase requests equal to roughly 15.7% of outstanding shares, a wave of redemptions hitting a fund that counts software as its largest sector

Economic Times Markets · 4mo ago
TCS Q4 net profit up 12%; Wipro, Infosys ADRs fall 2%

TCS Q4 net profit up 12%; Wipro, Infosys ADRs fall 2%

TCS posted a 12% jump in Q4 net profit to Rs 13,718 crore with $12 billion in mega-deal wins and $2.3 billion in annualised AI revenue, but Wipro and Infosys ADRs slid 2% in early US trading, pointing

Economic Times Markets · 4mo ago
US Stocks Slip Amid Inflation and Middle‑East Tensions

US Stocks Slip Amid Inflation and Middle‑East Tensions

U.S. equities slipped as investors weighed renewed Middle‑East tensions, rising inflation expectations, and a faltering ceasefire, dragging the Dow, S&P 500 and Nasdaq lower while energy and utilities

Economic Times Markets · 4mo ago
Kalshi Founders Defend $13B Prediction Market

Kalshi Founders Defend $13B Prediction Market

Kalshi co-founders Tarek Mansour and Luana Lopes Lara defended their CFTC-regulated prediction market on The Axios Show, arguing it operates as an exchange rather than a gambling venue as the platform

Axios · 4mo ago
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US PCE inflation rises to 3% in February; spending

February’s personal consumption expenditures (PCE) price index nudged up to 3% annual inflation, while consumer spending stayed robust. A looming Iran conflict and soaring gas prices add pressure, yet

Google News Business · 4mo ago
March CPI Looms: 67% Oil Surge Threatens Fed Rate Cuts

March CPI Looms: 67% Oil Surge Threatens Fed Rate Cuts

The March CPI report, due April 10, threatens to derail the Federal Reserve's rate-easing cycle as the Iran war-driven oil surge (WTI up 67% since Feb. 27) pushes the Cleveland Fed's inflation nowcast

Motley Fool · 4mo ago
US Q4 2025 GDP Revised Down to 0.5%

US Q4 2025 GDP Revised Down to 0.5%

The Bureau of Economic Analysis's third estimate put Q4 2025 US real GDP growth at just 0.5%, revised down 0.2 percentage points from the second estimate and marking a dramatic deceleration from Q3's

Google News Business · 4mo ago
How high oil prices help ExxonMobil until demand falls

How high oil prices help ExxonMobil until demand falls

High oil prices generally benefit oil companies like ExxonMobil, leading to 'Buy' ratings from firms like UBS due to expected strong earnings, according to NPR and The Motley Fool. However, this advan

Google News Business · 4mo ago
Treasury Proposes Stablecoin AML Rules Under GENIUS Act

Treasury Proposes Stablecoin AML Rules Under GENIUS Act

The U.S. Treasury proposed a rule spelling out anti-money laundering and sanctions obligations for stablecoin issuers under the GENIUS Act, bringing them formally under the Bank Secrecy Act regime.

Decrypt · 4mo ago

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