Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
HONG KONG (AP) — Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
Read MoreMutual Fund strategy for 2025: Don't bet on mediocre companies
The large-cap segment has experienced significant FII (Foreign Institutional Investor) selling, which has tempered valuations and appear much better placed compared to mid- and small-cap stocks
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Despite much that has been written about the US economy, India’s economic outlook will depend on what we do domestically.
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Read MoreNuScale, Oklo and Other Nuclear Stocks Soar on Anticipation of AI's Growing Energy Needs
Key Takeaways
- Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy needs driven by data centers to support AI.
- President Donald Trump on Tuesday announced a $500 billion joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
Netflix and AI excitement send Wall Street to the brink of an all-time high
NEW YORK — Netflix, Oracle and other big technology stocks lifted Wall Street on Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.
The Standard & Poor’s 500 rose 0.6% and came close to its all-time closing high set early last month.
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Read MoreMutual Credit Guarantee Scheme approved to boost MSME manufacturing
To further strengthen MSME credit access, the government aims to facilitate Rs 7 lakh crore in cumulative guarantees over the next four years.
Centre has approved the Mutual Credit Guarantee Scheme, announced in the Budget 2024-25, to enhance credit access for MSME manufacturing.
Under this scheme,
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Read MoreThe Burst
Sayonara Carvana
Carvana’s revenue rose 101% in 2019, grew 42% in 2020, even as the COVID-19 pandemic disrupted traditional dealerships, and soared 129% in 2021.
However, in the first nine months of 2022, Carvana’s revenue only grew 19% year-over-year to $10.8 billion, as the market demand for used vehicles cooled off. Despite this slowdown in growth,
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Read MoreThe Ivy
Market Commentary: Time To Buy This 9.12% Yield Stock?
It’s rare to find a stock offering a 9%+ yield that doesn’t have some murkiness under the hood, but is Medical Properties Trust (NYSE: MPW) that diamond in the rough?
We investigate whether this REIT that specializes in leasing healthcare facilities, a segment that has been traditionally regarded as recession-resistant, is worthy of a portfolio spot now.
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