Tag: Wall Street
Nvidia becomes world’s largest company overtaking Apple, market cap crosses $3.43 trillion amid rise of AI
Nvidia Corp. became the largest company in the world on Tuesday, November 6, 2024, with its market capitalisation of $3.43 trillion surpassing Apple’s $3.38 trillion…
Elon Musk’s Robotaxi gets a thumbs down from investors. Here’s why
After Elon Musk unveiled Tesla’s new Robotaxi, Wall Street surprisingly reacted with disappointment, with the company’s shares falling around 6% in Friday’s premarket trading session,…
India’s Nifty, Sensex outperform all global markets except only Wall Street
India’s NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street’s Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting…
US stock market at record high as investors cannot keep calm after Fed rate cut
Sep 20, 2024 07:55 AM IST Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow…
Japan stocks slide 3% after Wall Street’s worst rout since August 5
Sep 04, 2024 08:05 AM IST Japanese stocks fell in the wake of Wall Street’s worst rout since the Aug. 5 market meltdown, with tech…
Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
WASHINGTON — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as…
Japan’s Nikkei 225 soars 11% after massive sell-offs that shook Wall Street
Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. Other…
US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results
Jul 25, 2024 07:32 AM IST Stock indexes plummet on profit reports from Tesla and Alphabet, raising investor concerns. A wipeout on Wednesday sent U.S….
Wall Street rises as bank fears fade, focus on inflation data
Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive real estate and technology stocks leading gains ahead of…
Eventbrite Inc to slash its workforce and move 30% job roles to India, Spain
Eventbrite Inc said on Tuesday it will eliminate about 8% of the company’s workforce, as the ticketing service provider looks to cut costs amid worries…