BoJ policy decision LIVE: Bank of Japan keeps interest rates unchanged at 0.75%; 3 board members call for rate hike
BoJ policy decision LIVE: The Bank of Japan’s (BOJ) policy meeting took place today, 28 April. The monetary policy announcement comes amid the ongoing Middle East crisis, which has been ongoing for two months and fears of higher inflation due to the oil price spike.
The Bank of Japan kept the short-term interest rate target unchanged at 0.75%.
Read MoreWhy Marvell Technology (MRVL) Stock Is Falling Today
What Happened?
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) fell 4% in the afternoon session after the company canceled all purchase orders with POET Technologies that were originally placed by Celestial AI, a firm Marvell recently acquired.
Marvell provided written notice for the cancellation,
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Read MoreGold, Silver Rate Today Live Updates: Gold, silver prices hold steady amid US-Iran impasse, US Federal Reserve meet this week
In the retail jewellery segment, major listed players are likely to record revenue growth of about 35 per cent year-on-year in FY26. This expansion is expected to be driven by continued store rollouts and increasing market share as the industry becomes more organised. Growth is projected to ease to around 20–25 per cent in FY27.
Read MoreValaris and New Fortress Energy Shares Skyrocket, What You Need To Know
What Happened?
A number of stocks jumped in the afternoon session after stalled peace talks between the United States and Iran caused a spike in crude oil prices amid ongoing supply disruptions.
The deadlock in negotiations led to the continued closure of the Strait of Hormuz,
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Read MoreWhy Sandisk Stock Was on Fire This Week
Key Points
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The company more than tripled its fiscal third-quarter revenue.
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It’s taking full advantage of very strong demand for storage solutions.
Sandisk (NASDAQ: SNDK) was quite a star on the stock exchange over the past few trading sessions,
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Read MoreThe Burst
3 Stocks Champion Traders Are Betting On
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
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Read MoreThe Ivy
Billionaire Puts This AI Stock #1 (Hint, it’s not Nvidia)
While NVIDIA grabs the headlines, billionaire Stan Druckenmiller has pointed his canons towards Coherent Corp. (NASDAQ: COHR), making it the largest position in his portfolio. What is it about this stock that has warranted such a large stake and why did Stan put so many eggs in its basket?
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Read MoreThe Spotlight
A Fast-Growing DIAMOND Stock To Own
The global market for fine jewelry has always been massive, but it got an unexpected boost from COVID-19. In one poll, 30 percent of consumers said they bought more jewelry during the pandemic, and nearly 50 percent said they continued to purchase the same amount they always had.