The European Union is not merely being pressured; it is being reshaped. Its industrial base, strategic autonomy, energy transition goals, and monetary sovereignty are all under strain, Kashif Hasan Khan writes.
A new statewide survey has shed light on the impact during the past year of immigration enforcement on farms and farmworkers in California.
Nvidia posted a stellar quarter and bullish forecast, but jaded investors sent the stock nowhere.
Gold and silver prices rise again amid global tensions. Hyderabad sees fresh gains in bullion rates as MCX and international markets also trend higher.
A domestic help allegedly orchestrated a fake Enforcement Directorate raid at her employer's South-East Delhi residence. She provided crucial details about the household to her associates who posed as ED officials. Police recovered several items, including a uniform, fake ID, pistol, and jewelry, as they investigate the conspiracy.
After observing selling pressure in the opening hours of trading, positive momentum returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 3,700 points on Thursday.At 12:50pm, the benchmark index was hovering at 168,322.35, an increase of 3,696.06 points or 2.25%.Buying was observed in key sectors, including automobile assemblers, commercial banks, fertilizer, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, PPL, PSO, SNGPL, WAFI, HBL and MEBL, traded in the green.“Valuations have become quite attractive after the ~25k-point correction,” Saad Hanif, Head of Research at Ismail Iqbal Securities, told Business Recorder.“With leverage unwinding and rollover week nearly behind us, a significant portion of positions has already been squared off,” he added.Federal Finance Minister Muhammad Aurangzeb has said that Pakistan will hold detailed discussions with the International Monetary Fund (IMF) for the third economic review under the Extended Fund Facility (EFF) programme, while dismissing concerns about the rollover of deposits from the United Arab Emirates (UAE).“The IMF review will cover all performance criteria under the programme. We are in a good position, particularly about tax collection,” the finance minister said, while speaking to the media on Monday, expressing confidence over the government’s fiscal management.On Wednesday, the PSX witnessed a broad-based decline as persistent selling pressure and futures rollover activity kept investors cautious, dragging key benchmark indices lower amid reduced ready-market activity and volatile intraday movements. The benchmark KSE-100 Index settled at 164,626.29 points, losing 1,632.25 points or 0.98%.Internationally, Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan.Lingering worries about escalating geopolitical tensions between the U.S. and Iran, meanwhile, kept oil prices elevated, ahead of a third round of talks between the two countries later on Thursday.Nvidia on Wednesday forecast first-quarter revenue above market estimates, betting on Big Tech’s unabated spending on its AI processors. The result, which had been closely watched by investors, quelled some fears about the massive spending companies are pouring into all things AI.That helped propel Japan’s Nikkei to a record high early in the session, while South Korea’s KOSPIwas up 2%.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7%.This is an intra-day update
Under SEBI’s revised rules, stock funds can invest up to 35% of their assets in gold and silver instruments, as well as in units of infrastructure investment trusts
Keysight Technologies (NYSE:KEYS – Get Free Report) had its price objective lifted by stock analysts at JPMorgan Chase & Co. from $255.00 to $300.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price objective would suggest a [...]
Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) had its price target decreased by stock analysts at TD Cowen from $47.00 to $45.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the basic materials company’s stock. TD Cowen’s price objective would indicate a potential upside of 1.32% [...]
Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) had its price target hoisted by research analysts at Royal Bank Of Canada from C$16.00 to C$17.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s [...]
Ategrity Specialty (NYSE:ASIC – Get Free Report) had its price target boosted by JPMorgan Chase & Co. from $25.00 to $27.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 13.54% from [...]
Hims & Hers Health (NYSE:HIMS – Get Free Report) had its price objective cut by stock analysts at Citigroup from $16.50 to $13.25 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. Citigroup’s target price points to a potential downside of 16.59% from the stock’s current [...]