The latest GameStop Corp. frenzy has coaxed a big critic of the meme-stock craze – and a notable loser back in 2021 — off the sidelines with a new short position. Andrew Left, the founder of Citron Research, placed a new bet against the video-game retailer whose stock price soared […]
Market
LONDON/NEW YORK, – Mexican stocks fell nearly 6% and the peso lost as much as 4% to the dollar on Monday after the country’s ruling party scored a surprisingly strong election showing and looked poised for a super-majority in Congress that markets fear might bring constitutional change and diminish checks […]
European stocks gained on Monday, rebounding from a second straight weekly decline, as investor attention turned to a pivotal European Central Bank meeting this week. The Stoxx 600 index was up 0.3% by the close, after earlier rallying as much as 0.9%. Most industry sub-groups were in the green, with the construction, […]
Oil prices dropped by over $2 per barrel on Monday to reach multi-month lows, fueled by investor concerns regarding the demand trajectory. The complex OPEC+ output decision signaled a willingness among member countries to increase crude exports. On Sunday, OPEC+ extended the majority of its significant oil output reductions until […]
After the Nifty and Sensex ended with the biggest gains in 39 months, experts pointed to a likely encore on Tuesday – If the final results match pollsters’ predictions, that is. On Monday, the Nifty rallied 808 points or 3.58% to the day’s high of 23338.70, before closing 3.25% up […]
Indian stock market: On June 3, Sensex and Nifty 50 experienced notable gains not witnessed since January 2021. Investors displayed widespread buying activity across various sectors, departing from the cautious trading seen in the previous month. This surge in market momentum followed exit polls suggesting that the Lok Sabha election […]
NYSE Equities announced on Monday that it is currently looking into a reported technical problem related to Limit Up-Limit Down bands. This situation has caused numerous stocks listed on the exchange to experience volatility pauses. Several stocks, including Berkshire Hathaway, Chipotle Mexican Grill, and Barrick Gold, were suspended from trading […]
New Delhi: Capital markets regulator Sebi on Monday launched mobile app ‘Saa ₹thi 2.0′ on personal finance for investors with comprehensive tools aimed at simplifying complex financial concepts. “The updated ‘Saa ₹thi’ app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts,” Sebi said in a statement. […]
US stock indices gained on Monday, lifted by chip and megacap stocks. At the opening bell, the Dow Jones Industrial Average rose 23.67 points, or 0.06%, to 38,709.99. The S&P 500 was higher by 19.64 points, or 0.37%, at 5,297.15, while the Nasdaq Composite gained 130.69 points, or 0.78%, to […]
Kronox Lab Sciences IPO: Speciality chemical company Kronox Lab Sciences got subscribed 10.92 times on the first day of bidding on Monday, June 3, amid heavy participation from retail and institutional investors. The promoters Jogindersingh Jaswal, Ketan Ramani, and Pritesh Ramani are offering 95.7 lakh equity shares for sale (OFS) […]