SPY SPDR S&P 500 ETF Trust $555.23 +0.59 (+0.11%) (As of 02:13 PM ET) 52-Week Range $409.21 ▼ $556.25 Dividend Yield 1.23% Assets Under Management $544.22 billion The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation…
The stock market looks great overall, maybe too great. Thanks to frenzied investors who crave all things tech, the S&P 500, the Nasdaq Composite and the Nasdaq-100 indexes all closed the week at record highs. Apple (AAPL) , Amazon.com (AMZN) , Google parent Alphabet (GOOGL) , Facebook parent Meta Platforms (META) and Microsoft (MSFT) also hit…
4 min read Last Updated : Jul 08 2024 | 11:42 PM IST Policy guidelines on the Centre’s “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI), which include provisions for reduced customs duties on imported cars if there is a concomitant investment commitment in India, are expected to come by September, according…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former employee of the World Economic Forum has sued the Swiss non-profit, which runs a high-profile conference each year in Davos, and its chair, Klaus Schwab, for discrimination. The former employee, Topaz Smith, who…
Illustration: Binay Sinha 2 min read Last Updated : Jul 09 2024 | 6:30 AM IST In a welcome development last week, the Food Safety and Standards Authority of India (FSSAI) approved an amendment to the Food Safety and Standards (Labelling and Display) Regulations, 2020. Accordingly, packaged food items will display information regarding salt, total…
Investors should take Wall Street’s view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company’s future is bearish, that analyst could risk losing his or her job over…
$128.99 +3.16 (+2.51%) (As of 02:13 PM ET) 52-Week Range $39.23 ▼ $140.76 Dividend Yield 0.03% P/E Ratio 75.43 Price Target $127.07 NVIDIA NASDAQ: NVDA is a brand name with celebrity status in the technology sector. NVIDIA has become synonymous with accelerated computing, particularly in the rapidly evolving field of artificial intelligence (AI). The company’s graphics…
It helps in identifying nature-related risks and assists the company in creating sustainable strategies, which is based on the dual approach of mitigating and adapting towards climate change, Hindustan Zinc said in a statement. Photo: Bloomberg 1 min read Last Updated : Jul 08 2024 | 9:54 PM IST Vedanta group firm Hindustan Zinc Ltd…
The tiny, translucent disks are increasingly adorning the faces of Gen Z and millennials when a pimple appears, and over 1 billion of the brand’s signature hydrocolloid patches have sold thus far. Manufacturer Hero Cosmetics also recently netted a partnership with content creator Alix Earle. Founder and CEO Ju Rhyu told Fortune she came up…
The U.S. consumer is going through one of the most significant constraints in the economy of all its fast food with the growing burning hole at the bottom of their pockets. With fast food being higher than the Federal Reserve’s (the Fed) goal of 2%, employees at work won’t do it anymore to keep the…