Stock Research

India’s retail demand for gold jewelry has been significantly impacted by the surge in gold prices to new all-time highs since the beginning of the year, the World Gold Council said. Despite record-high prices putting pressure on jewelry demand, interest in gold investment is expected to stay strong, the council said.  “The financial year-end dynamics,… Continue reading Record-high gold prices keep Indian investors hooked—what’s next?

Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit, Reuters reported. The bank attributed the strong performance to record growth in its wealth management division and robust market activity. The London-based lender reported a pre-tax profit of $6 billion for 2024, marking… Continue reading Standard Chartered to repurchase $1.5B in shares after reporting 18% profit surge

The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the previous day. Meanwhile, total market volume surged by 8% to $90.13 billion, highlighting heightened trading… Continue reading Bitcoin surges to $98,000, Solana and Ethereum rise while XRP slides

Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percentage for its executive compensation plan. Under the new structure, top executives can earn up to 200%… Continue reading Meta executives eligible for 200% salary bonus under new pay structure

Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce segments, signaling a broader recovery in China’s digital economy. The stock was last trading 9.18% higher, reflecting investor confidence in… Continue reading Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound

Hong Kong-listed Chinese stocks extended their recent rally on Friday, fueled by growing optimism surrounding the nation’s advancements in artificial intelligence and renewed confidence in the market’s overall prospects. The Hang Seng China Enterprises Index jumped as much as 3.1% on Friday, inching closer to surpassing an October peak following a recent stimulus push. Breaching… Continue reading Chinese stocks surge on AI optimism, nearing three-year highs

India’s growing role in the global space economy took centre stage as Prime Minister Narendra Modi met with Tesla and SpaceX CEO Elon Musk in Washington. While much of the media attention focused on a symbolic exchange—a heatshield tile from SpaceX’s Starship spacecraft—the meeting underscored deeper strategic interests. The discussions revolved around artificial intelligence, sustainable… Continue reading Elon Musk presents Indian PM Modi with a Starship heatshield tile from space

Digital coins display resilience after the latest United States inflation report, which triggered fear in the financial sector. However, the case differed for AI agent coins, which have suffered significant bearishness in the past month. Crypto AI agent’s market cap has plunged from $20 billion to $7 billion at press time, signaling a massive retreat… Continue reading AI agent tokens outlook: struggle continues as CZ shifts narrative to animal-inspired memes

India’s stock market has suffered its steepest decline in over a year, with total market capitalisation slipping below $4 trillion for the first time since December 2023. A combination of a weakening rupee, foreign capital flight, and stretched valuations has triggered a selloff that wiped out over $1 trillion in equity value. The country’s benchmark… Continue reading India’s market cap falls below $4 trillion: what’s behind the slump?