Finance·5,880 stories
Finance News — Page 280
Sensex +600, Nifty near 23,800 as oil eases
Indian equities rallied for a third day as the Sensex surged over 600 points and the Nifty 50 hovered near 23,800, buoyed by easing oil prices and selective buying in defensive sectors.
Travel Shares Rally as Fed Meets
U.S. equities climbed modestly as travel stocks surged on upgraded guidance and oil‑price worries, while investors eye the Fed’s two‑day policy meeting for clues on future rate moves.
Uber partners with Nvidia for 28‑city robotaxi rollout
Uber’s shares jumped ~4% after the company teamed with Nvidia to roll out robotaxi services in 28 global cities by 2028, a move aimed at reviving growth and averting a market‑dominance ‘doomsday’ scen
Software stocks surge since Iran conflict began
Deutsche Bank says software stocks that lagged in 2026 have surged since the Iran conflict, outpacing the market even as oil prices and diesel hit multi‑year highs and a U.S. counterterrorism chief qu
FinVolution stock rises 4.8% after Q4 revenue beats
FinVolution Group’s shares surged 4.8% in pre‑market trading after the Chinese fintech posted Q4 results that beat the worst‑case scenario and lifted its 2026 revenue outlook above consensus. The firm
Plug Power Jumps 4% as Earnings Beat Masks $1.7B Loss
Plug Power stock climbed 4% in a session when the S&P 500 fell 3%, extending a week of outperformance following a March 2 earnings report that featured $700 million in revenue and a first positive gro
Cango sells 4,451 BTC to slash debt, fund AI
Cango, the Bitcoin miner turned AI hopeful, sold 4,451 BTC in February 2026 to slash $452.8M debt, freeing capital for its EcoHash AI inference platform amid mounting mining costs and impairments.
Bitcoin pulls back to $72k as RSI stays overbought
After a 15% surge since early March, Bitcoin entered a consolidation phase with its RSI still overbought, prompting a pullback toward $72,000–$74,000 while futures open interest and options activity s
Nifty, Sensex rise as banks, auto, metal stocks rally
India’s benchmark indices closed higher on Tuesday, buoyed by strong buying in banks, auto and metal shares, while a mix of individual stocks saw divergent moves ranging from sharp gains to notable de
Rupee Hits New Lifetime Low of 92.40 per Dollar
The Indian rupee slipped to a new lifetime low of 92.40 against the US dollar, driven by rising oil prices and foreign institutional outflows, despite a modest domestic market rebound.
Nomura sees 5% Nifty correction amid oil shock
Nomura warns that Indian equities could face another 5% dip as Middle‑East tensions choke oil flows, urging investors to view the correction as a buying chance despite weaker FIIs and slowing domestic
Rajani sees Nifty rally 23,800, picks Linde India, MCX
Analyst Vinay Rajani forecasts a short‑term Nifty rally toward 23,800, citing support near 22,950 and resistance at 23,560, while recommending Linde India and MCX as the top long picks for traders.
Dollar‑rupee options hit $18.5B in two weeks
The Iran‑driven oil price surge has sparked a rapid increase in U.S. dollar‑rupee options trading, with notional volumes reaching $18.5 billion in the first two weeks of March, pressuring the rupee ne
Asia stocks rise on US tech gains amid Iran tensions
Asian markets nudged higher as a US tech rally lifted sentiment, but soaring oil after Iran‑Israel strikes and a looming RBA rate hike kept investors on edge.
Bitcoin Tops $75K as Gold Drops $400 Post-Iran Strikes
Bitcoin pushed above $75,000 — its highest in over a month — as gold shed roughly $400 since US strikes on Iran began, reviving the 'digital safe haven' narrative ahead of Wednesday's PPI data and the
Bitcoin climbs above $75,800 as put‑option unwinds
Bitcoin broke past $75,000 to $75,800 as traders closed bearish put options, sparking a market‑wide rally that lifted major altcoins and the CoinDesk 20 Index in a rapid move that broke a long‑standin
Oil Drops 5.3% Lifting Stocks; Nvidia Pitches $1T at GTC
Cramer said Trump's decision to allow Iranian oil through the Strait of Hormuz sent WTI crude down 5.3% and lifted stocks, while Nvidia's GTC keynote projecting $1 trillion in chip orders through 2027
Moody's: Recession Hard to Avoid if Oil Stays Elevated
Moody's chief economist Mark Zandi warned that a U.S. recession will be hard to avoid if oil prices stay elevated for even a few more weeks, tying the darkening outlook to the effective closure of the
S&P 500 Holds Up as Analysts Lift Forecasts Past Iran War
U.S. stocks have defied expectations since the U.S.-Iran conflict began Feb. 28, with the S&P 500 down just 2.6% in March as Wall Street analysts have continued raising 2026 and 2027 earnings forecast
Crypto Funds Pull $1.06B Third Week, US Drives 96% of Flows
Crypto investment products pulled in $1.06 billion last week—marking a third straight week of inflows—as US-listed spot ETFs dominated the market and investors turned to digital assets amid geopolitic
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.