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India's auto index hits record high on media reports of strong bookings after GST cut
** India's Nifty Auto .NIFTYAUTO rises 2.1% to hit a record high, outperforms as 15 of 16 major sub-indexes trade in red ** Auto firms saw strong bookings for passenger vehicles on the first day of GST cut rollout on Monday, local media reports show ** Reuters could not immediately verify ...Reuters
12 minutes ago
Dubai's ALEC seeks to raise up to $381 million in IPO
DUBAI, Sept 23 (Reuters) - ALEC Holdings, a Dubai-based engineering and construction firm, is seeking to raise up to 1.4 billion dirhams ($381.25 million) through an initial public offering (IPO), it said on Tuesday, tapping into a construction boom in the Gulf.The firm is offering 1 billion shares,...Reuters
16 minutes ago
Turkey - Factors to watch on Sept 23
ISTANBUL, Sept 23 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.The lira TRYTOM=D3 was quoted at 41.45 against the U.S. dollar at 0420 GMT, compared to Monday's close of 41.3625.The main BIST 100 share index .XU100 closed 1.54% higher at 11,46...Reuters
19 minutes ago
MORNING BID EUROPE-New highs in Asia, Powell gets to say his piece
Sept 23 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.A quieter session in Asia with Tokyo on holiday, but South Korea and Taiwan still managed to notch fresh all-time highs amid the love affair with all things AI.The latest tryst being Nvidia's .NVDA intent ...Reuters
20 minutes ago
India File: Techs in trade crossfire with $100,000 H-1B visa fee
Sept 23 - By Ira Dugal, Editor Financial News, with global Reuters staffU.S. President Donald Trump's move to drastically hike H-1B visa fees will raise Indian technology firms' costs of hiring workers and providing services in the U.S., forcing them to rethink their operating models. It alr...Reuters
25 minutes ago
Oracle Unveils Co-CEO Model to Steer AI Cloud Push, Shares Gain 6% on Leadership Revamp
TradingKey - On September 22, local time, U.S. tech giant Oracle announced a major personnel change on its official website, appointing 39-year-old Clay Magouyrk and 54-year-old Mike Sicilia as co-CEOs to succeed former CEO Safra Catz, who will transition to Executive Vice Chairman of the company...
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an hour ago
Australia's DroneShield hits near 4-week high on US expansion
** Shares of defense tech firm DroneShield DRO.AX rise 9.4% to A$3.620, their highest since August 27** Stock set for biggest percentage gain since July 31** Stock is the top gainer on the benchmark S&P/ASX 200 index .AXJO, which is up 0.5% ** Co says it will expand its R&D operations in the...Reuters
an hour ago
BofA Says Nvidia's Deal with OpenAI Poses Competitive Threats to Broadcom and AMD
BofA commented on Nvidia's announcement to invest up to $100B in OpenAI, aimed at enhancing data center deployments and power capacity, with an intent to involve Nvidia in at least 10 GW of systems. The firm noted that such a significant investment in a customer raises questions until Nvidia provide...Tiger News
an hour ago
The $100 Billion Alliance: NVIDIA’s Deep Ties to OpenAI Cement Its Role as AI’s Backbone
TradingKey - After raking in massive profits from selling AI chips, Nvidia is now transforming from a hardware supplier into an architect of the AI ecosystem through aggressive infrastructure investments. The company’s latest strategic partnership with OpenAI, involving a potential $100 billion
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2 hours ago
Telix Pharmaceuticals hits over 3-week high on US CMS designation for Gozellix
** Shares of Australia's Telix Pharmaceuticals TLX.AX rise as much as 22.1% to A$18.32, their highest since August 27** Stock's biggest intraday pct gain since November 2, 2020** Biopharmaceutical company says the U.S. Centres for Medicare & Medicaid Services have granted transitional pa...Reuters
2 hours ago
Asia stocks buoyed by AI rush, gold at fresh peaks
SYDNEY, Sept 23 (Reuters) - Asian share markets looked to build on recent hefty gains on Tuesday as optimism around all things AI sucked money into the tech sector, while wagers on several more U.S. interest rate cuts kept gold on a hot streak.Reuters
3 hours ago
24H | SES AI Rises over 7%; CleanSpark Stock Jumps 6% on Expansion Plans; Grab Holdings Gains Nearly 2%
CleanSpark stock jumped nearly 6% in overnight trading after announcing that it expanded its capital strategy by increasing its Bitcoin-backed credit facility with Coinbase Prime by $100 million.The additional $100 million in financing will be deployed into strategic capital expenditures that includ...Tiger News
3 hours ago
Is Costco a Buy, Sell, or Hold in 2025?
Key PointsCostco has one of the strongest business models in retail.The stock has grown in part through multiple expansion.The company is opening new stores and delivering strong same-store sales growth.10 stocks we like better than Costco Wholesale › Costco Wholesale (NASDAQ: COST) is not only one ...The Motley Fool
3 hours ago
Trump links autism to Tylenol and vaccines, claims not backed by science
Trump warns against Tylenol use among pregnant womenTylenol maker, scientists say evidence shows claims are without meritLeucovorin approval based on inconclusive studies, doctors sayBy Jeff Mason, Ahmed Aboulenein and Julie Steenhuysen WASHINGTON, Sept 22 (Reuters) - U.S. President Donald Tr...Reuters
3 hours ago
Bill Gurley -- One of Uber's Earliest Investors -- Just Delivered Fantastic News for Tesla Investors
Key PointsBill Gurley is best known for making an early bet on Uber.Gurley recognized that Uber had potential that stretched beyond the core ridehailing business.Given some recent comments, it would appear that Gurley sees Tesla following a similar trajectory, given its ambitions beyond electric veh...The Motley Fool
3 hours ago
This Spin-Off Could Make Investors Huge Winners
Key PointsThe company that started as a part of General Motors has had multiple spin-offs.The spin-off should unlock a higher valuation for its higher-growth business.The spin-off should be completed during the first quarter of 2026.10 stocks we like better than Aptiv › Sometimes you have to break t...The Motley Fool
4 hours ago
1 Top Dividend Stock to Buy and Hold Forever
Key PointsAbbVie's financial results tend to remain stable even through challenging economic periods. The company has demonstrated its ability to navigate headwinds. AbbVie has an impressive track record of consecutive dividend increases. 10 stocks we like better than AbbVie › Strong dividend payers...The Motley Fool
4 hours ago
This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
Key PointsThis stock’s 70% setback since 2017 is mostly deserved.The vast majority of analysts and individual investors are bearish on this stock, suggesting most if not all the risk is already priced in.The plan to unlock value acknowledges the new normal in an industry that used to thrive on size ...The Motley Fool
4 hours ago
3 Top Dividend Stocks I Wouldn't Hesitate to Buy With $1,000 Right Now
Key PointsBrookfield Infrastructure has increased its dividend in all 16 years since its formation.PepsiCo has grown its dividend every year for more than half a century. VICI Properties recently extended its dividend growth streak to eight years. 10 stocks we like better than Brookfield Infrastruct...The Motley Fool
4 hours ago
