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Indian bank stocks drifted upwards even after the head of Axis Bank warned about the slowing economy. ICICI shares jumped to ₹883, the highest point since January 5. Axis Bank stock jumped to ₹864 while HDFC rose to the highest point since March 10. Even the embattled Yes Bank (NSE: YESBANK) share price drifted upwards.… Continue reading ICICI, Yes, Axis Bank, HDFC shares rise ahead of the RBI decision

Scottish Mortgage Investment Trust (LON: SMT) share price has been in a strong downward trend in the past few months. The stock dropped to a low of 640p, the lowest point since May 4. It has plunged by ~57% from its highest point in October 2021. The stock has underperformed the FTSE 100 index and… Continue reading Is now the time to buy Scottish Mortgage Trust (SMT) shares?

BT Group (LON: BT.A) share price has made a strong recovery in the past few months as investors buy the dip and as UK stocks shine. The stock jumped to a high of 146.85p, the highest point since September 2022. It has jumped by more than 33% from the lowest level this year. BT Group… Continue reading BT share price is rallying: Does it have more room to run?

The first quarter of 2023 is behind us, and funds keep flowing into European equities despite the challenging dynamics in Europe. Neither the high inflation nor the war in Ukraine has dampened investors’ optimism. The STOXX Europe 600 index tracks 600 large, mid, and small capitalization companies in Europe. UK, France, Switzerland, and Germany are… Continue reading US stocks beaten by European stocks in Q1 2023, is it time to invest?

Plug Power (NASDAQ: PLUG) stock price has been in a freefall in the past few months as analysts continued downgrading the company. The shares plunged to $11 on Monday after another downgrade by analysts at Morgan Stanley. This price is about the lowest level in 2020 and is ~75% below the highest point in 2022.… Continue reading Plug Power stock price hit amid more analyst downgrades

HSBC Holdings Inc (LON: HSBA) was in focus today after it brushed aside a proposal from an individual shareholder. Here’s what Lui is demanding the bank does Ken Lui – a Hong Kong based activist investor wants the financial services behemoth to spin-off its Asia business. Lui has a personal stake worth $12.7 million in… Continue reading HSBC may soon be pushed into rethinking its structure

Sunnova Energy International Inc (NYSE: NOVA) may remain volatile in the near term but has the potential to make its shareholders a happy lot over the next twelve months, as per a Morgan Stanley analyst. Sunnova share price could climb to $35 Andrew Percoco assumed coverage of the energy company today with an “overweight” rating.… Continue reading Sunnova share price could more than double from here: Morgan Stanley

Oil is trading comfortably above $80 a barrel today after OPEC+ made a surprise announcement that it will cut production from next month. Krosby’s remarks on today’s development On Sunday, the Organisation of the Petroleum Exporting Countries said it will lower output by 1.16 million barrels a day for the rest of this year. That’s… Continue reading LPL Financial’s Krosby shares his view on OPEC+ production cut

World Wrestling Entertainment Inc (NYSE: WWE) is in focus this morning after Endeavour Group Holdings Inc (NYSE: EDR) said it will buy the integrated media company for about $9.3 billion. Pro reacts to the announced acquisition The UFC owner has agreed to pay $106 a share for the said acquisition – a more than 20%… Continue reading WWE UFC merger: ‘this is good for Endeavor shareholders’