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Sensex Dips, Nifty Sheds Gains Amid Volatile Trade
The Indian stock market witnessed a volatile trading session today, with major indices closing in the red. The BSE Sensex plunged about 400 points to close at 73,511.85, while the broader NSE Nifty settled at 22,302.50, dropp

Tourism Projected to Account for 12% of UAE’s GDP
The United Arab Emirates (UAE) is on track to magnify its economic landscape through the tourism sector, projected to embody 12% of the country's GDP in the current year. This significant stride was highlighted during ATM 202

BP Profits Shrink Amid Refinery Woes – Markets Unmoved
Energy giant BP reported a steep 40% drop in first-quarter earnings, which came in at $2.7 billion. This underperforming figure fell short of analyst expectations and marked a significant downturn from the company's financial

Rivian Stock Up Strong In Premarket As Earnings Loom After Market Close
Investors and market spectators are closely monitoring Rivian Automotive (NASDAQ: RIVN) as it strides into the Q1 earnings season, facing amplified industry challenges that intertwine with demand flow and operational barriers

Marathon Digital Shares Leap Despite Cryptocurrency Volatility
In an unexpected twist defying the subdued demeanour of the cryptocurrency market, shares of Marathon Digital Holdings (NASDAQ: MARA), a preeminent

Nio & Rival BYD Rumoured To Be Entering Battery Supply Partnership
In a significant shift in China's electric vehicle (EV) landscape, homegrown EV maker Nio (HKG: 9866) has been rumoured to have e

Apple Making AI Data Centre Moves
In a bold move that will send ripples through the technology sector,

The FTSE 100 Jumps – Here’s What to Watch This Week
The FTSE 100 has started today's session and this shortened trading week on the front foot, climbing 1% to 8,293.35 in early Tuesday trading on May 7, 2024, following Friday’s 0.51% rise, which saw London’s blue-chip index cl

IAG Q1 Earnings – What to Expect
International Consolidated Airlines Group (LON: IAG) is set to report its first-quarter earnings this week on Friday, May 10. The release will be closely watched and, if positively received, may provide IAG shares with the pl

Dollar Muted as Global Markets Stabilise
As the global foreign exchange markets commenced the week, the absence of London traders due to a public holiday contributed to a rather subdued early session on Monday. The US dollar showed marginal softness against a basket

Analysts Lower Targets On AMD Despite Earnings Surpassing Expectations
In a twist of fate contrasting its financial triumph, Advanced Micro Devices shares (NASDAQ: AMD) experienced a stumble in the market, dropping 5.45% since Q1 earnings report. While the company surpassing analysts' revenue an

India Vix Volatility Spikes Ahead of Elections
Investors and market analysts are keeping a close watch on the India VIX, commonly referred to as the "Fear Index," which has exhibited volatile behavior in the period leading up to the elections. There was a significant rise

UK Markets – Looking Ahead To The Four-Day Week
With the Early May public holiday giving us a little extra time away from the office to enjoy spring, markets gear up for a condensed four-day week with a flurry of updates from UK listed names. Despite the shorter trading pe

Haleon: Analyst Bullish as Underlying Performance ‘Looks Strong’
According to Barclays analysts, Haleon's (LON: HLN) underlying performance looks strong. The bank reacted to the Advil and Sensodyne maker's first-quarter trading statement, released Wednesday.Â

Trainline Ticket Sales Jump as New Carrier Competition ‘Revolutionising Rail in Europe’Â
Rail ticket platform Trainline (LON: TRN) reported its results for the 12 months ended February 29, on Friday, showcasing a significant surge in ticket sales, driven by new entrant carrier competition and robust growth in the

52 Week Highs For Unsung Social Stock As Earnings Beat Drives Analyst Upgrades
Pinterest, Inc. (NYSE: PINS) has delivered a glowing report card for the first quarter of 2024, breezing past the market estimates on both the top and bottom lines. The visual discovery engine witnessed a surge in its ne

European Union’s Escalating Regulatory Actions on Big Tech May Offer Blueprint for U.S. Legislators
The European Union is intensifying its regulatory oversight on major social media entities, with Meta (NASDAQ: META), the conglomerate behind Facebook and Instagram, now subject to a new investigation under the Digital Servic

DJT Shares Have A Crazy Two Weeks – Chart Resembling An EKG
In a strong show of resilience, Trump Media & Technology Group's (NASDAQ: DJT) stock, trading under the ticker symbol DJT, bounced off the April 16 lows to more than double in two weeks.

Apple Awaits Earnings Call Amid a Year of Declines and Opportunities
As Wall Street gears up for Apple's (NASDAQ: AAPL) fiscal Q2 2024 earnings report, due to be released after the closing bell on Th

Fed’s Strategic Shift: A Subtler Approach to Quantitative Tightening
In a strategic pivot that did not revolve around interest rates, the Federal Reserve announced a significant reduction to its Quantitative Tightening (QT) program. Moving away from starker monetary policies that have persiste
