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INDIA STOCKS-India stock benchmarks open flat ahead of Fed meeting
Sept 15 (Reuters) - India's equity benchmarks are off to a muted start on Monday, in line with other Asian peers, as investors awaited this week's U.S. Federal Reserve meeting, where policymakers are widely expected to resume the easing cycle.Separately, India's retail inflation accelera...Reuters
10 minutes ago
UAE's ALEC Holdings to offer 20% stake in IPO, Gulf News reports
DUBAI, Sept 15 (Reuters) - ALEC Holdings, a Dubai-based engineering and construction firm, will sell 1 billion shares, representing a 20% stake, in an initial public offering, Gulf News reported on Monday. The subscription period will run from September 23 to September 30, with shares expected to li...Reuters
14 minutes ago
ASX-listed Xero falls; Morningstar cuts valuation, citing weak Melio prospects
** Xero XRO.AX falls as much as 1.2% to A$160.240; marks biggest intraday pct loss since September 3** Morningstar trims fair value estimate by 2% to A$100, citing material overvaluation** Says Melio's buyout won't materially improve co's conversion or retention of customers** Notes siza...Reuters
an hour ago
GLOBAL MARKETS-Stocks begin hesitantly in Asia, with a lot riding on the Fed
Asian stock markets : https://tmsnrt.rs/2zpUAr4Wall St futures flat, Nikkei closed for holidayEuro shows little reaction to Fitch downgrade of France Rate cuts seen from Fed, BoC; steady for BoE, BOJBy Wayne Cole SYDNEY, Sept 15 (Reuters) - Stocks got off to a cautious start in Asia on Monday ah...Reuters
an hour ago
EMERGING MARKETS-South Korea's won rises; most other Asian currencies muted
Sept 15 (Reuters) - The following table shows rates for Asian currencies against the dollar as of 0222 GMT.CURRENCIES VS U.S. DOLLARCurrencyLatest bidPrevious dayPct MoveJapan yen147.560147.66+0.07Sing dlr1.2821.2821+0.02Taiwan dlr30.28330.246-0.12Korean won1389.6001395.4+0.42Baht31.78031.71-0.24Pes...Reuters
2 hours ago
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead
Key PointsPassenger electric vehicle sales account for the majority of Tesla's revenue and earnings, but this business is currently in decline.Ark Investment Management predicts 86% of Tesla's earnings could come from another source by 2029, propelling its stock to an incredible gain.Tesla will face...The Motley Fool
3 hours ago
PRECIOUS-Gold prices steady near record high ahead of Fed rate decision
Sept 15 (Reuters) - Gold prices held steady on Monday, hovering near a record high, as investors focused on the U.S. Federal Reserve meeting this week, where policymakers are expected to announce a rate cut following consecutive weak labor market reports.FUNDAMENTALS* Spot gold XAU= held its ground ...Reuters
3 hours ago
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
Sept 12 (Reuters) - OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, namely Microsoft MSFT.O, down from the current 20%, The Information reported on Friday. The difference between those figures adds up to more than $50 billion in
Reuters
3 hours ago
GLOBAL MARKETS-Stocks hesitate in Asia with a lot riding on the Fed
Asian stock markets : https://tmsnrt.rs/2zpUAr4Wall St futures flat, Nikkei closed for holidayEuro shows little reaction to Fitch downgrade of France Rate cuts seen from Fed, BoC, steady for BoE, BOJBy Wayne Cole SYDNEY, Sept 15 (Reuters) - Stocks got off to a quiet start in Asia on Monday ahead...Reuters
4 hours ago
24H｜Tesla Rises 2% After Soaring 7% Last Friday; Opendoor Jumps 6%; IONQ up 5%; Bitfarms up 18%, Iren, Upexi up 5%, BMNR, SBET down 3%
Tesla Motors rose 2% in overnight trading after soaring 7% on the previous trading day.IONQ Inc. rose 5% in overnight trading after soaring 18% on the previous trading day.Crypto stocks were mixed in overnight trading. Bitfarms rose 18%; Bit Origin rose 13%; Iren, Upexi rose 5%; ABTC rose 3%; Circle...Tiger News
4 hours ago
Polkadot Is Making App-Building Faster and Easier -- Could That Lift the Lagging DOT Token Over Time?
Key PointsPolkadot is making it easier to build apps and scale up -- changes that could generate real usage and long-term demand for DOT.Polkadot’s next phase focuses on what matters to investors: more apps, more users, and a global network that can support massive token demand.If these upgrades att...The Motley Fool
5 hours ago
ASX-listed Xero unlikely to improve US prospects post-Melio acquisition, Morningstar says
** Morningstar trims fair value estimate for Xero XRO.AX by 2% to A$100, citing material overvaluation** Morningstar also notes a sizable fall in co's stock price after the announcement of the acquisition of U.S. fintech firm Melio Payments** Xero is nearing market saturation in Australia and Ne...Reuters
5 hours ago
Prediction: This Stock Will Be Worth More Than Palantir 3 Years From Now
Key PointsThe solid demand for Palantir's AI software has supercharged the stock, but it is trading at a very expensive multiple right now.ASML Holding is expected to witness an acceleration in growth.ASML is trading at an attractive valuation and isn't much behind Palantir when it comes to market c...The Motley Fool
5 hours ago
2 Warren Buffett Stocks to Hold Forever
Key PointsBuffett got into one of these players later than he would have liked -- but he’s still benefited greatly from the purchase.The second stock here is a long-term Buffett holding with a solid moat. 10 stocks we like better than Amazon › Investors keep a close eye on what Warren Buffett is doi...The Motley Fool
5 hours ago
Could Oracle Stock Give Back Its Gains?
Key PointsOracle's backlog ballooned after several multi-billion-dollar cloud deals.Some investors may be worried about backlog conversion and timing.Short-term volatility is possible, but the long-term setup looks stronger than it did before earnings.10 stocks we like better than Oracle › Wednesday...The Motley Fool
5 hours ago
Is Delta Air Lines Stock a Buy After a Strong Earnings Report?
Key PointsDelta's June-quarter results showed healthy profitability and reaffirmed full-year guidance.Premium demand remains firm while main cabin is soft, and management is reallocating capacity.Shares trade around 10 to 11 times this year's expected earnings, leaving room if execution stays on tra...The Motley Fool
6 hours ago
