Israel bombed more targets in Lebanon on Thursday, putting the Middle East ceasefire in further jeopardy after its biggest attacks of the war on its neighbour killed more than 250 people and threatened to torpedo US President Donald Trump’s truce from the outset. Iranian negotiators were expected to set off later on Thursday for Pakistan for the first peace talks of the war, where they are due to ...
Israel bombed more targets in Lebanon on Thursday, putting the Middle East ceasefire in further jeopardy after its biggest attacks of the war on its neighbour killed more than 250 people and threatened to torpedo US President Donald Trump’s truce from the outset. Iranian negotiators were expected to set off later on Thursday for Pakistan for the first peace talks of the war, where they are due to meet a delegation led by US Vice-President J.D. Vance on Saturday. But there was no sign Iran had...
Listed insurers’ strong earnings mask a growing dependence on stocks, which is now being tested as markets turn volatile. Chinese listed insurance companies’ move to put more money into stocks in 2025 paid off with strong profits, but that bold bet is beginning to look like more of a gamble as the market turns volatile. Eight major listed insurers — including Ping An Insurance (Group) Co. of China...
Listed insurers’ strong earnings mask a growing dependence on stocks, which is now being tested as markets turn volatile. Chinese listed insurance companies’ move to put more money into stocks in 2025 paid off with strong profits, but that bold bet is beginning to look like more of a gamble as the market turns volatile. Eight major listed insurers — including Ping An Insurance (Group) Co. of China Ltd. ( 601318.SH ), China Life Insurance Co. Ltd. ( 601628.SH ) and New China Life Insurance Co. Ltd. ( 601336.SH ) — reported their combined net profits jumped 26.6% to 457.5 billion yuan ($64 billion) last year, driven by investment returns supercharged by a stock market rally.
📈 Follow our live markets data and coverage. This has been a good year for value stocks—relatively speaking, at least. An energy shock and a major selloff in software companies over AI-replacement fears will do that.
📈 Follow our live markets data and coverage. This has been a good year for value stocks—relatively speaking, at least. An energy shock and a major selloff in software companies over AI-replacement fears will do that.
Tata Consultancy Services Ltd. ’s quarterly earnings topped analysts’ estimates after the information technology provider curbed costs to cope with slowing demand in an era of geopolitical tensions. Net income advanced 12% to 137.2 billion rupees ($1.5 billion) for the three months through March, Asia’s biggest outsourcer said in a statement Thursday. Analysts estimated 135.51 billion rupees on av...
Tata Consultancy Services Ltd. ’s quarterly earnings topped analysts’ estimates after the information technology provider curbed costs to cope with slowing demand in an era of geopolitical tensions. Net income advanced 12% to 137.2 billion rupees ($1.5 billion) for the three months through March, Asia’s biggest outsourcer said in a statement Thursday. Analysts estimated 135.51 billion rupees on average. Sales rose 9.6% to 707 billion rupees, helped by a decline by the Indian currency versus the dollar and the euro. TCS and other Indian IT services exporters such as Infosys Ltd. are limiting spending and curbing headcount as demand for major software projects sputters. Corporate customers are holding back expenditures as they deal with elevated interest rates, US President Donald Trump ’s tariffs and military conflicts such as the war in the Middle East. Shares of TCS have lost 19% this year as investors have assessed its strategy to deal with the geopolitical challenges as well a competitive threat from artificial intelligence services. Mumbai-based TCS and its local rivals began by offering cheap backoffice solutions to large international corporations, but they now provide a range of cloud, automation and AI services to multinationals such as Citigroup Inc. and PepsiCo Inc. That’s made the Indian contenders direct rivals to global technology services providers from Accenture Plc to International Business Machines Corp. Like its international rivals, TCS is battling fresh competition from AI services that can increasingly perform tasks previously handled by people. Still, the IT firms are also betting on the rapid adoption of AI as an opportunity to go after higher-margin contracts. Read More: Accenture Sees Work With Biggest AI Partners More Than Doubling TCS and its competitors are also facing potential disruptions from Trump’s sweeping changes to the H-1B visa regime. India’s more than $280 billion IT industry has long used H-1Bs to send developers and engineers...
After months of sluggish returns, Nvidia Corp. ’s stock is rallying again and close to breaking out of its narrow trading range, which market technicians see as a bullish signal. Shares of the chip giant are up more than 10% in the past six sessions , their longest winning streak since October. This comes after substantial stretch of nothing, with the shares essentially flat from September 2025 th...
After months of sluggish returns, Nvidia Corp. ’s stock is rallying again and close to breaking out of its narrow trading range, which market technicians see as a bullish signal. Shares of the chip giant are up more than 10% in the past six sessions , their longest winning streak since October. This comes after substantial stretch of nothing, with the shares essentially flat from September 2025 through the end of last month. They closed trading Wednesday at $182, near the $185 level that technical traders are watching closely. “If Nvidia sustains above $185, I would say the money is ready to run back in,” said Jonathan Krinsky , BTIG’s chief market technician. “The long-term trend remains positive.” Holding above the $185 level would signal that the stock has put in its low and is ready to start climbing, according to Krinsky. “Since it was in an uptrend prior to the consolidation, we want to see this range-trading resolve with Nvidia moving higher,” he said. US stocks rallied Wednesday after President Donald Trump announced a two-week truce in the war with Iran to let the two sides continue negotiating a ceasefire agreement and reopen the Strait of Hormuz, easing concerns about a possible global economic crisis. Nvidia led point gainers in the S&P 500 Index , rising 2.2%. A breakout by the chipmaker would be welcome for investors. Nvidia’s stock — which for years was among the market’s best performers and still commands the largest weight in the S&P 500 — has been trading sideways for months amid concerns that megacap technology companies wouldn’t see meaningful returns on heavy spending to build infrastructure for artificial intelligence anytime soon. The shares may need to eclipse $200 to make a decisive move higher, according to Buff Dormeier, chief technical analyst at Kingsview Partners in Fort Wayne, Indiana. “If we started to get a signal of that, we could easily be back to the races, especially since Nvidia is a bellwether for the megacaps and the broad mar...
(Bloomberg) -- After months of sluggish returns, Nvidia Corp.’s stock is rallying again and close to breaking out of its narrow trading range, which market technicians see as a bullish signal. Shares of the chip giant are up more than 10% in the past six sessions, their longest winning streak since October. This comes after substantial stretch of nothing, with the shares essentially flat from Sept...
(Bloomberg) -- After months of sluggish returns, Nvidia Corp.’s stock is rallying again and close to breaking out of its narrow trading range, which market technicians see as a bullish signal. Shares of the chip giant are up more than 10% in the past six sessions, their longest winning streak since October. This comes after substantial stretch of nothing, with the shares essentially flat from September 2025 through the end of last month. They closed trading Wednesday at $182, near the $185 level
NGL Energy Partners ( NGL ) said the board of directors of its general partner has authorized a common unit repurchase program, under which the company may repurchase up to $100M of its outstanding units representing limited partnership interests of NGL and does not have a fixed expiration date. The stock repurchase program does not obligate NGL to acquire a specified number of units and may be mo...
NGL Energy Partners ( NGL ) said the board of directors of its general partner has authorized a common unit repurchase program, under which the company may repurchase up to $100M of its outstanding units representing limited partnership interests of NGL and does not have a fixed expiration date. The stock repurchase program does not obligate NGL to acquire a specified number of units and may be modified, suspended, or discontinued at any time at NGL’s discretion without notice. Source: Press Release More on NGL Energy Partners NGL Energy Partners: Growth Is Fueling Rally And Valuation Is Still Fair NGL Energy Partners LP Common Units 2026 Q3 - Results - Earnings Call Presentation NGL Energy Partners LP Common Units (NGL) Q3 2026 Earnings Call Transcript Top Quant ranked small cap stocks with negative EPS surprises NGL Energy Partners Q3 Earnings Preview
There are a number of difficult decisions you might have to make in the context of retirement planning. Should you downsize your home? Should you do a Roth conversion to avoid RMDs? And when should you start taking Social Security? You have plenty of choices when it comes to filing for benefits. The earliest age you can sign up for Social Security is 62. From there, you're free to file at any poin...
There are a number of difficult decisions you might have to make in the context of retirement planning. Should you downsize your home? Should you do a Roth conversion to avoid RMDs? And when should you start taking Social Security? You have plenty of choices when it comes to filing for benefits. The earliest age you can sign up for Social Security is 62. From there, you're free to file at any point in time. Image source: Getty Images. Continue reading
Microsoft (NASDAQ:MSFT) has declined 22% year-to-date from its highs, and our model prices the stock at $491.47 over the next 12 months. The price target for Microsoft is $491.47, implying 33.2% upside from the current price of $368.94. The 24/7 Wall St. model rates the stock BUY, with a confidence level of 90%. Metric Value ... Microsoft Price Prediction: The Tech Stock Can Soar to $800 in 2030
Microsoft (NASDAQ:MSFT) has declined 22% year-to-date from its highs, and our model prices the stock at $491.47 over the next 12 months. The price target for Microsoft is $491.47, implying 33.2% upside from the current price of $368.94. The 24/7 Wall St. model rates the stock BUY, with a confidence level of 90%. Metric Value ... Microsoft Price Prediction: The Tech Stock Can Soar to $800 in 2030
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector oil refiner is restricting individual purchases to 1,000 rupees ($10.8) per visit at fuel stations it operates with partner BP Plc , ...
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector oil refiner is restricting individual purchases to 1,000 rupees ($10.8) per visit at fuel stations it operates with partner BP Plc , according to people familiar with the matter. The joint venture has more than 2,000 fuel pumps across the country. While the company has issued no formal directive, operators of Jio-BP pumps have begun enforcing the caps to curb panic buying and prevent its stations from running dry as demand surges, the people said, asking not to be named because the information isn’t public. The rationing comes as India , the world’s third-largest oil consumer, grapples with the fallout of the weeks-long near-closure of the Strait of Hormuz — a vital lane for global shipments of crude, petroleum and natural gas. While a fragile US-Iran truce is in place, tanker traffic remains disrupted and insurers continue to classify the area as high-risk. A spokesperson for Reliance said there’s no directive restricting how much fuel customers can purchase, while acknowledging that such instances may have been the result of a “localized” situation. Ripple Effect While Reliance runs only 2% of the more than 102,000 gas stations in India, it’s the first operator to go beyond price hikes to rationing supply, reflecting an escalation of the uncertainty rippling through India’s energy market. State-run companies — Indian Oil Corp. , Bharat Petroleum Corp. and Hindustan Petroleum Corp. — that control the vast majority of fuel stations have not officially announced price hikes or purchase caps, but drivers have anecdotally reported similar 1,000 rupee limits being enforced at some gas stations. Nayara Energy , another private-sector fuel retailer, raised diesel and gasoline prices last month in an effort to ...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and A...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and ARK Space & Defense Innovation ETF ( ARKX ), marking its first purchase since early February, recent trade data showed. Tesla ( TSLA ) shares have fallen 13.9% so far this month and are down ~24% YTD. Tesla remains ARKK's largest holding at 8.49% of the portfolio as of Wednesday. Cathie Wood has consistently underscored autonomous driving as the cornerstone of ARK’s long-term thesis on Tesla ( TSLA ) and currently has over $880M worth of exposure to the stock. The buying occurred despite mixed analyst opinions and market volatility surrounding the EV giant, as well as a cautious Underweight rating from JPMorgan analyst Ryan Brinkman, who flagged concerns over Tesla’s ( TSLA ) rising inventory levels. Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on autonomy, EV, battery storage, and AI stocks continued to weaken ahead of its Q1 earnings report, scheduled for April 22. Tesla gets a Seeking Alpha Quant rating of Hold with a 3.24 score, and the highest factor grades are given to growth and profitability. Wall Street has given the stock a Buy rating. Among other notable Ark purchases this week are Robinhood ( HOOD ) and Kodiak AI ( KDK ). More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and A...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and ARK Space & Defense Innovation ETF ( ARKX ), marking its first purchase since early February, recent trade data showed. Tesla ( TSLA ) shares have fallen 13.9% so far this month and are down ~24% YTD. Tesla remains ARKK's largest holding at 8.49% of the portfolio as of Wednesday. Cathie Wood has consistently underscored autonomous driving as the cornerstone of ARK’s long-term thesis on Tesla ( TSLA ) and currently has over $880M worth of exposure to the stock. The buying occurred despite mixed analyst opinions and market volatility surrounding the EV giant, as well as a cautious Underweight rating from JPMorgan analyst Ryan Brinkman, who flagged concerns over Tesla’s ( TSLA ) rising inventory levels. Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on autonomy, EV, battery storage, and AI stocks continued to weaken ahead of its Q1 earnings report, scheduled for April 22. Tesla gets a Seeking Alpha Quant rating of Hold with a 3.24 score, and the highest factor grades are given to growth and profitability. Wall Street has given the stock a Buy rating. Among other notable Ark purchases this week are Robinhood ( HOOD ) and Kodiak AI ( KDK ). More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO