Economy 2329 May12:0014:0016:0018:0020:00
Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High

29 May 17:08 4 articles

Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

29 May 17:08 InvestorPlace 24614510364379114.html
Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High

Cisco will reportedly pay $1 billion to expand its software portfolio, and Home Depot continues to rally.

29 May 17:16 The Motley Fool 2231313657702118140.html
Salesforce Stock Still a Buy as Its Software Gains Influence

Salesforce stock took a tumble after Q1 earnings, but ditching CRM stock now would be rather shortsighted.

29 May 17:30 InvestorPlace 24614510903444915.html
Is Microsoft Stock About to Go Into a Lengthy Stall? 

Microsoft trades at 30 times forward earnings. Some believe Microsoft stock is overvalued and about to go into a lengthy stall. 

29 May 17:59 InvestorPlace 24614510940221742.html
First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

29 May 17:12 2 articles

First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

With the nation-wide lockdown spreading over two months of the first quarter of financial year 2020-21, it is a given that India Inc’s first quarter earnings are to be adversely impacted.

29 May 17:12 The Financial Express 1288289581334097060.html
Rural income is likely to shore up in coming months; Nestle’s Suresh Narayanan explains why

While declining rural incomes have caused much woes to India’s FMCG sector, the same is expected to shore up in the coming months thanks to various factors such as good monsoon.

29 May 17:48 The Financial Express 1288289580000353334.html
Counterpoint Research: Affordable premium smartphones are here to stay

29 May 17:43 1 article

Counterpoint Research: Affordable premium smartphones are here to stay

The worldwide smartphone market has evolved over the years. The rise of ultra-premium handsets with the launch of iPhone X has changed the whole landscape. People are now turning towards so-called ‘affordable premium’ devices, at whose price the flagships were sold earlier. The latest report by Counterpoint Research on South Korean smartphone market explains this …

29 May 17:43 Gizmochina 1751854815754897284.html
Last Minute Addition To Louisiana Bill Hamstrings Community Broadband

29 May 17:18 1 article

Last Minute Addition To Louisiana Bill Hamstrings Community Broadband

We've long noted that roughly twenty states have passed laws either outright banning community broadband, or tightly restricting...

29 May 17:18 Techdirt 1456370857981979853.html
Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

29 May 17:13 1 article

Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

On a sequential basis, however, the company fared better, both in terms of sales and profits. The stock ended day's trade at Rs 869.8, down 1.3 per cent.

29 May 17:13 Business-Standard 1502508925032360264.html
Tesla Model 3 = Top Selling Car in California

29 May 17:00 1 article

Tesla Model 3 = Top Selling Car in California

In somewhat of a surprise, for the first time ever, the Tesla Model 3 was the top selling vehicle in California last quarter. (Yes, there's a lot of irony there given the recent controversy between Tesla/Elon Musk and California, especially Alameda County.) The Model 3 is often in the top 5 in California, but decades-long leaders

29 May 17:00 CleanTechnica 1065744423134643159.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

29 May 17:29 1 article

Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

29 May 17:29 The Financial Express 1288289579602325579.html
Wells Fargo Stock Is Too Cheap

29 May 17:51 1 article

Wells Fargo Stock Is Too Cheap

Wells Fargo, trading at 73.5% of tangible book value, is a bargain. WFC stock is worth at least $33.13 per share.

29 May 17:51 InvestorPlace 24614511219986048.html
UK EV Owners Got Paid To Charge Their Cars Over The Holiday Weekend

29 May 17:55 1 article

UK EV Owners Got Paid To Charge Their Cars Over The Holiday Weekend

Last weekend, some UK EV owners were paid to charge their cars during a period when the price of renewable energy turned negative.

29 May 17:55 CleanTechnica 1065744424822926215.html
Core sector output contracts by record 38.1% in April

29 May 17:27 1 article

Core sector output contracts by record 38.1% in April

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus lockdown, according to the official data. The eight core sectors had expanded by

29 May 17:27 Deccan Herald 2027555796206884297.html
Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

29 May 17:28 1 article

Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore

29 May 17:28 Business Today 1145527432392606357.html
The Guardian view on wage subsidies: unemployment costs too

29 May 17:25 1 article

The Guardian view on wage subsidies: unemployment costs too

Editorial: Almost a third of the UK workforce are now reliant on government support for their income. If it is withdrawn while the economy is hibernating then joblessness will rise

29 May 17:25 the Guardian 1491978795454863231.html
Private equity player Bain Capital in talks to up stake in Axis Bank

29 May 17:56 1 article

Private equity player Bain Capital in talks to up stake in Axis Bank

In 2017, the lender had approved and conducted a sale of 9 per cent stake to raise Rs 11,626 crore, in a round led by Bain Capital.

29 May 17:56 Business-Standard 1502508925068846173.html
Soon Form 26AS to disclose more details from high-value deposits, expenditure to investments

29 May 17:06 1 article

Soon Form 26AS to disclose more details from high-value deposits, expenditure to investments

Under the tax law, banks, mutual funds, companies and registrar, etc are supposed to furnish details of high value transactions

29 May 17:06 Business Today 1145527430702233365.html
These were the 10 biggest European tech stories this week

29 May 17:10 1 article

These were the 10 biggest European tech stories this week

These were the 10 European tech stories this week

29 May 17:10 Tech.eu 1356465907997933592.html
India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

29 May 17:55 1 article

India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domestic product (GDP) had expanded by 5.7 per cent in the

29 May 17:55 Deccan Herald 2027555797454208286.html
Visa Stock Is the Best Payments Powerhouse for Your Portfolio

29 May 17:17 1 article

Visa Stock Is the Best Payments Powerhouse for Your Portfolio

Visa stock is beating the market in 2020; its ability to adapt and even thrive amid chaos proves long-term viability.

29 May 17:17 InvestorPlace 24614509496439379.html
Forex reserves soar to record high of $490.04 billion

29 May 17:41 1 article

Forex reserves soar to record high of $490.04 billion

The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week to May 22, mainly on account of a rise in foreign currency assets, RBI data

29 May 17:41 Deccan Herald 2027555797185679113.html
Should You Buy Hertz Stock Now?

29 May 17:21 1 article

Should You Buy Hertz Stock Now?

Understanding Hertz's current scenario is important to avoid a huge investing mistake.

29 May 17:21 The Motley Fool 2231313658881503280.html
Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place

29 May 17:39 1 article

Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place

The minister said city gas network of CNG supplies to automobiles and piped cooking gas to kitchens will soon cover 72 per cent of the country's population.

29 May 17:39 The Financial Express 1288289579641344531.html
COVID recovery taskforce wants border closure measures relaxed

29 May 17:03 1 article

COVID recovery taskforce wants border closure measures relaxed

The COVID-19 Economic Recovery Taskforce set up by the government is recommending a relaxation of border closure measures. The government banned incoming passenger travel in March. The taskforce says it wants to see the phased opening of...

29 May 17:03 The Gleaner 1215260529702145488.html
Sun Pharma to test pancreatitis drug in COVID-19 patients in India

29 May 17:33 1 article

Sun Pharma to test pancreatitis drug in COVID-19 patients in India

Sun Pharma said the pancreatitis drug, nafamostat mesilate, has been "identified as a potential candidate for COVID-19 patients by scientists at University of Tokyo and Leibniz Institute for Primate Research, Germany".

29 May 17:33 The Financial Express 1288289580315132258.html
Cash-strapped Williams considers selling F1 team

29 May 17:26 1 article

Cash-strapped Williams considers selling F1 team

Williams is considering selling a minority or majority stake to secure its future in F1. Click here to know more.

29 May 17:26 Autocar India 1039296989447895912.html