Swiggy Shines Amid Bloodbath In New-Age Tech Stocks
With the benchmark indices Sensex and Nifty50 falling over 1% each, 27 out of the 29 new-age tech stocks under Inc42’s coverage fell in a range of 0.22% to over 16% today
Dronetech company DroneAcharya emerged as the biggest loser amid the bloodbath, with its shares falling 16.27% after it reported weak H1 FY25 numbers
Shares of foodtech major Swiggy listed at a premium on the bourses and ended the trading session at INR 455.95,
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Read MoreWhy you should invest in gold before 2025
The price of gold continues to shatter records in 2024.
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Read MoreEther ETFs in the Black for the First Time After 5 Days of Inflows
After that, the ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January. Grayscale’s Ethereum Trust (ETHE), which already had over $8 billion in assets at the time of listing, began experiencing outflows that were not offset by flows into the other funds.
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Read MoreInvest 99L likely to become tropical depression Wednesday, will this system become Hurricane Sara?
Tracking the tropics: November 13, 2024
FOX 35 Storm Team Meteorologist Brooks Garner provides the latest update on Invest 99L as it moves through the Caribbean. Expected to develop into a tropical depression, storm and potentially a hurricane over the next few days.
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Read MoreStock Market News
The Trump trade looks to have temporarily run out of steam.
U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and comments from Federal Reserve Chair Jerome Powell.
Dow Jones Industrial Average futures were down 216 points,
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Read MoreThe Burst
Market Commentary: When To Sell Your Stock, Precisely
Buying stocks is easy but when should you sell them? Today we’ll take a look at a specific example of precisely when to take profits, and move to the next best trading idea.
We’re going to use Upstart for our case study. In the chart below, you can see Upstart was in a a bullish trend since early May.
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Read MoreThe Ivy
1 No-Brainer Cable Stock to Buy
Usually cable stocks should be avoided like the plague. The trend towards cord-cutting has been unrelenting as streaming services like Netflix came to the forefront over the past decade. After all, why pay $80 per month when you can pay $10 for a range of movies on your favorite streaming platform?
But most of the well-known cable companies compete against each other in city environments and have to fend off stark competition.
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Read MoreThe Spotlight
80% Of Physicians Use This Platform, Is It a Buy?
2021 was an epic year for IPOs, primarily driven by very low interest rates, and COVID-19 stimulus funding. In fact, in 2021, there were 976 IPOs, compared to 480 the prior year. One of the most noteworthy IPOs of the year was Doximity, Inc. (DOCS), which opened at $26 per share.
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