US stocks advanced modestly on Wednesday as investors awaited the Federal Reserve’s latest policy decision and a series of major technology earnings. The S&P 500 rose 0.2% by midday in New York, while the NASDAQ 100 added 0.5% and the Dow Jones Industrial Average climbed 0.5%.
Traders widely expected the Fed to cut interest rates by a quarter-point,
The Securities and Exchange Board of India (Sebi) has proposed a major revamp of mutual fund fee structures aimed at cutting costs for investors and improving transparency. While the move has been welcomed as a positive step for investor protection, experts caution that it could put smaller and newer asset management companies (AMCs) under strain,
» Read more about: Sebi’s mutual fund fee overhaul may pressure smaller, newer AMCs, say experts »
The markets regulator has clarified that mutual funds cannot invest in pre-IPO placements. While the liquidity risks in case an IPO is shelved or delayed are behind the restriction, this route allows mutual funds to enhance returns by paying a preferential price before the issue opens, explains Ananya Grover
» Read more about: Explainer: Why Sebi wants mutual funds to keep away from pre-IPO deals »
US Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) on Wednesday cut the key benchmark rate by 25 basis points, bringing it down to the 3.75-4.00 per cent range.Experts had widely anticipated that the Federal Reserve’s rate committee will largely support a 0.25 percentage point reduction.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Most investors panic when they realize one part of their portfolio is doing all the heavy lifting. Suze Orman? She practically cheers it on.
In a recent episode of “Suze Orman’s Women &
A new study has found that price increases implemented by companies during tit-for-tat trade escalation between the U.S. and China far exceeded the levels that the duties themselves would have justified.
The report from researchers at the marketing services agency Growth Bite found that prices rose significantly during the six-week period in April and May when both tensions and tariffs peaked—“weeks before any tariffed goods could reach store shelves.”
Lead researcher Adomas Šulcas told Newsweek that the timing and magnitude of the price hikes provided “compelling evidence that retailers used the announcement as a pricing opportunity beyond what supply-side pressures alone would predict.”
Many companies have this year said they will be raising prices as a direct result of President Donald Trump‘s tariffs.
» Read more about: Retailers Exploiting US-China Trade War for Price Increases: Report »
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion.
The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Nvidia’s journey to be one of the world’s most prominent companies has produced some eye-popping numbers.
» Read more about: Nvidia has started the $5 trillion club. A look at its rise, by the numbers »
DBS and Goldman Sachs executed the first-ever interbank crypto options trade, signaling growing institutional adoption of blockchain.
» Read more about: DBS and Goldman Sachs execute first-ever crypto options trade between banks »
Financial giants have made a conspicuous bullish move on Shopify. Our analysis of options history for Shopify (NASDAQ: SHOP) revealed 87 unusual trades.
» Read more about: Unpacking the Latest Options Trading Trends in Shopify »
