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1 min read
Mumbai rains: Heavy downpours trigger waterlogging, delays in public transport services
Incessant rains with intermittent spells of heavy showers since Friday morning slowed down public t…
PTI
1 min read
Mizuho bumps up Nvidia stock forecast, says earnings this month will be the next big AI catalyst
Mizuho expects Nvidia to generate nearly $200 billion in revenue in 2027, which would be more than …
Matthew Fox
2 mins read
Why stocks could drop 10% over the next 8 weeks, according to a bullish forecaster who's nailed his calls this year
"We know it's an incredibly strong market. But we also have the September cuts, and we have the el…
Filip De Mott
2 mins read
Bristol Myers surges 10%, its biggest increase since 2008, after boosting profit forecast
Bristol Myers Squibb raised profit forecasts and beat revenue estimates amid strong sales for its b…
Kelly Cloonan
2 mins read
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…
ANI
4 mins read
Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.
Here's a round up of some of the most bullish strategists on Wall Street and their predictions for …
Matthew Fox
2 mins read
With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report
Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…
ANI
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
3 mins read
Forecasts of normal monsoons raise hopes of bumper harvests, but intense bouts could play spoilsport
Forecasts have predicted excellent rains over most parts of the country, while scarcities could imp…
2 mins read
The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says
Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle Di…
Jennifer Sor
1 min read
GPT-4 is better than humans at financial forecasting, new study shows
Trading strategies based on GPT-4 delivered more profitable results than the broader stock market, …
Matthew Fox
2 mins read
IMD forcasts heatwave for few states in next 5 days
India Meteorological Department on Friday warned of a likely heatwave in Rajasthan, Punjab, Haryana…
ANI
2 mins read
Rain gods to determine RCB’s fate in IPL 2024 as Bengaluru braces for wet weather this weekend
Imagine overturning dismal form, embarking on a remarkable winning run and edging tantalisingly clo…
3 mins read
Forecast of ‘above-normal’ monsoon sparks hope for economy, but there’s a catch!
Amid ongoing impacts of climate change, scientists have been warning us that not all ‘above-normal’…
2 mins read
AI stocks plunge after AMD gives weak forecast for chip sales
Shares of Super Micro Computer, AMD, and Nvidia erased a collective $143 billion in market value on…
Matthew Fox
1 min read
Goldman crushes revenue and earnings forecasts as investment-banking fees soar
Goldman's net revenue surged 16% year over year to $14.2 billion as its investment-banking fees and…
Theron Mohamed
2 mins read
India likely to experience normal monsoon this year: Skymet
However, eastern states including Bihar, Jharkhand, Odisha, and West Bengal face the risk of defici…
ANI
2 mins read
U.S. Economy Soars: 3 lakh jobs added in 39th consecutive month of growth, boosting confidence and easing inflation concerns
Economists and market investors alike are finding renewed confidence in the resilience of the U.S. …
ANI
2 mins read
Wheat safe, but watch out for vegetable prices: RBI Governor on heatwave predictions
Reserve Bank of India Governor Shaktikanta Das has said that the heatwave predictions in the coming…
ANI
1 min read
Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25
According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…