April’s hotter-than-expected inflation reading is likely to put the Fed on watch for higher energy costs creeping into other prices, a red line that, if crossed, could raise the possibility of interest rate hikes. The Consumer Price Index rose 3.8% in April, compared with expectations for a rise of 3.7%, and up from 3.3% in…
AI‑infrastructure stocks have been the market’s adrenaline shot for more than a year now. Yet the ground is shifting. Investors have rotated from “buy the narrative” to “show me the cash flow.” Pure‑play AI cloud builders, companies that don’t just rent GPUs but own the concrete, steel, and fiber, are suddenly the act that everyone…
Quick Read Schwab U.S. Dividend Equity ETF (SCHD), Enterprise Products Partners (EPD), Verizon Communications (VZ), and Realty Income (O) generate $5,192 monthly income. A diversified $1.1 million portfolio across dividend stocks, bonds, and REITs targets a 5.7% blended yield for early retirement. The analyst who called NVIDIA in 2010 just named his top 10 stocks…
India-based Arty Labels has installed a PRPC 330 UV digital inkjet machine for label printing and finishing at its production unit. The equipment was supplied and set up by Packnology. It is designed to work with a range of standard and non-standard materials. The machine can process substrates such as PP White, PP Silver, PP…
Super Micro Computer (SMCI) has endured a volatile period driven by accounting concerns, regulatory scrutiny, canceled contracts, and controversy surrounding former employees. But with its Q1 print on May 5, SMCI finally gave investors a reason to focus on its business rather than the headlines. Investors cheered the Q1 report which showed improving margins, strong…
What happened: Hims & Hers Health (HIMS) stock sank 15% on Tuesday. What’s behind the move: The telehealth company reported a quarterly loss and sales that missed Wall Street expectations amid higher costs following the health platform’s pivot to branded weight-loss medications. First quarter revenue of $608 million came in below the consensus estimates of…
Kreston Global has expanded its international network with the admission of Nepal-based accounting practice SAR Associates as its newest member. SAR Associates is headquartered in Kathmandu and operates as a chartered accountancy practice providing audit, tax and advisory services. The company, founded in 2002, works with clients across sectors such as banking and financial services,…
HSBC has hosted a closed-door meeting with senior figures from major UK banks as regulators and investors intensify calls for clearer reporting on climate-related risks within lenders’ loan portfolios, the Financial Times reported citing unnamed sources. The report said representatives from HSBC, Barclays, Santander, NatWest and Lloyds gathered at HSBC’s Canary Wharf offices last week…
May 12 (Reuters) – India’s retail inflation INCPIY=ECI quickened to 3.48% in April, driven by dearer food prices, government data showed on Tuesday, with the outlook clouded by risks from rising energy costs tied to the Middle East conflict. A Reuters poll had projected retail inflation at 3.8%. COMMENTARY: SHOBHIT AGARWAL, CEO, ANAROCK CAPITAL, MUMBAI…
What happened: GameStop (GME) stock fell 4% in premarket trading on Tuesday. What’s behind the move: Online marketplace eBay (EBAY) rejected the video game retailer’s unsolicited $56 billion bid. In a letter to GameStop’s chairman and CEO Ryan Cohen, eBay’s chairman of the board of directors wrote, “The Board, with the support of its independent…
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