Markets – Page 2

Intraday update rupee sees massive gain up 45 against US dollar

July 4, 2023

As widely expected, the Pakistani rupee made giant strides against the US dollar, appreciating over 4.51% during the early hours of trading in the inter-bank market on Tuesday. At around…

Will Netflix Stock Recover To Its PreInflation Shock Highs

Trefis Tea...June 12, 2023

The stock could have considerable potential for gains if its recovers to these levels.

OpenAI Launches Cybersecurity Grant Program As It Warns of Risk Of Extinction

Josh AdamsJune 2, 2023

OpenAI has announced a $1 million Cybersecurity Grant Program aimed at enhancing AI cybersecurity capabilities. The move reflects the company's commitment to responsible and accountable AI development. However, some skeptics…

Dollar eases as deal over US debt ceiling lifts risk appetite

May 30, 2023

SINGAPORE: The U.S. dollar fell on Tuesday against a basket of major currencies but did not drift far from a two-month peak, after a deal over the U.S. debt ceiling…

Are Teflon Sectors Ready To Rest

Tom Aspray...May 29, 2023

The close in the S&P 500 above 4200 and the news on the debt deal improved investor sentiment. Tom Aspray points out the internal action that could change your strategy.

Users accumulating stablecoins as bitcoin and crypto prices rally

Wahid Pess...May 29, 2023

Data from Glassnode, a crypto intelligence provider, shows that there is a noticeable accumulation of BUSD, USDC, and USDT across top centralized exchanges like Binance and Coinbase

NVIDIA Hits All Time High Alphabet Amazon And Meta Dont Get There

John Navin...May 28, 2023

NVIDIA is trading at a price-earnings ratio of 202 and at 43 times its book value. The price to sales ratio is 36 and price to free cash flow sits…

Wall St rises on hopes of debt deal breakthrough

May 26, 2023

Wall Street’s main indexes rose on Friday over progress in negotiations on raising the U.S. debt ceiling, with investors shrugging off data pointing to slightly hotter-than-expected inflation. After several rounds…

Should You Pick AbbVie Stock Over LLY

Trefis Tea...May 26, 2023

Looking at stock returns, Eli Lilly has outperformed AbbVie and the broader indices.