Tag: stock market
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ASX Set for Strong Start Ahead of Inflation Report
Australian shares poised for a strong session as inflation data looms The Australian sharemarket is set for a positive open as investors brace for the latest inflation figures. Local traders are closely watching how consumer prices in Australia will influence the Reserve Bank’s outlook, while global cues from a rallying Wall Street add to the…
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Alliance Bank Posts Best Quarter in Three Years, Declares 9.37 Sen Dividend
Alliance Bank Delivers a Stellar Quarter Alliance Bank Malaysia Bhd (KL:ABMB) announced a standout quarterly performance, marking its best quarter in three years. The latest results come on the back of higher income streams and lower provisions for bad debt, painting a picture of a bank that is strengthening its core earnings and balance sheet…
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Nifty 50 and Sensex Today: What to Expect from Indian Markets on November 25
Overview: What traders are watching on November 25 Indian equity benchmarks, the Nifty 50 and the Sensex, are expected to open on a flat note on Tuesday, with traders keeping a close watch on global cues and domestic cues that could set the tone for the session. Despite a rally in several global markets, local…
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Sensex Nifty Today: Indian Market Outlook Nov 24
India’s stock indices likely to open higher on Nov 24 The Indian stock market faced a mixed session last trading day, but early cues suggest a positive start on Monday. Benchmark indices Sensex and Nifty 50 are expected to edge higher as investors react to upbeat global markets and domestic cues. Traders will be watching…
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IndiGo to Enter Sensex from December 22; Tata Motors PV to Exit in BSE Reshuffle
Market Reconstitution: What the Sensex Change Means The Bombay Stock Exchange (BSE) announced its annual index reconstitution, bringing notable shifts to the Sensex composition. Among the changes, IndiGo, the country’s largest airline by market share, is set to enter the Sensex starting December 22. At the same time, Tata Motors Passenger Vehicles Ltd (Tata Motors…
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Anxiety Over A.I. Spending Returns to Global Markets as Asia Reacts
Overview: AI Spending Sparks Market jitters Across Asia Stocks in major Asian markets pulled back on Friday as renewed concerns about a potential AI investment bubble cooled yesterday’s rally. The slide reflects growing investor anxiety that heavy spending on artificial intelligence could overheat valuations, echoing discussions in the United States that AI-driven growth might come…
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Anxiety Over AI Spending Spreads to Global Markets, Weighing on Asia
Overview: AI Spending Fears Return to Global Markets Investors took a cautious stance on Friday as anxiety about heavy AI-related spending and the possibility of a bubble in technology investments weighed on global sentiment. After a rally the day before, stocks in key Asian markets — including South Korea, Taiwan, and Japan — moved lower,…
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Walmart’s Strong Quarter Signals Steady U.S. Consumer Spending Despite Caution
Walmart Delivers a Solid Quarter Amid a Cautious Economy Walmart Inc. topped Wall Street expectations with another strong quarter, signaling that American shoppers are continuing to spend, even as households navigate higher prices and economic uncertainty. The retailer’s results were driven by resilience in e-commerce, broad-based gains across product categories, and disciplined cost management that…
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Nvidia Earnings Beat Lifts Asian Chip Stocks as AI Trade Optimism Fuels Markets
Nvidia Earnings Beat Fuels a Rally in Asia-Pacific Chip Stocks The Asia-Pacific markets climbed on Thursday as chip-related equities led gains, buoyed by Nvidia’s stronger-than-expected earnings and its bullish forecast for continued AI-driven demand. Investors connected the dots between Nvidia’s momentum and the broader global AI trade, expecting spillover benefits for regional semiconductor names and…
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Nvidia Surges on Strong Earnings Beat and Optimistic AI Demand
Nvidia Beats Earnings Forecast, Sends Shares Higher In a largely anticipated but still momentum-building report, Nvidia surpassed Wall Street expectations for both revenue and upcoming sales. The chipmaker cited strong demand across its data center and AI-focused product lines, signaling that the, at times volatile, AI spending cycle remains supportive of its growth trajectory. Investors…