The market cycle affects more than just stocks and sectors. As investors know, during economic booms, consumer discretionary stocks tend to outperform all others, especially the ‘boring’ consumer staples names. However, there is another metric that investors should always keep an eye on as far as cycles go: the volatility index (VIX), also known as…
According to PLFS and RBI’s KLEMS data, India has generated more than 8 crore (80 million) employment opportunities from 2017-18 to 2021-22. Photo: Bloomberg 4 min read Last Updated : Jul 08 2024 | 7:10 PM IST The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to…
Labour has stormed to a landslide victory at the 2024 general election, with Sir Keir Starmer now leading the country. The new Prime Minister boasts a 170-seat majority with two constituencies still to declare. On the steps of 10 Downing Street, he told the nation that his premiership would be “country first, party second”, and…
Onsemi NASDAQ: ON share price struggles in 2024, but the bottom is in, and a rebound is at hand. While sales will decline in 2024, the cause is macro, including end-market inventory, and an end to the pain is near. Analysts forecast a bottom in Onsemi end semiconductor markets, suggesting a pivot is coming for…
The summer season often brings heightened economic activity, making it a favorable period for investors to focus on building a growth-oriented portfolio. Growth investing typically centers on companies with the potential for rapid earnings growth. Often characterized by innovation and expansion, these companies can offer significant returns for investors willing to take on some risk….
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…
$28.15 -0.40 (-1.40%) (As of 07/8/2024 ET) 52-Week Range $13.40 ▼ $52.48 Price Target $32.66 Affirm Holdings Inc. NASDAQ: AFRM is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers, enabling them to split purchases into smaller payments. This is a win-win for merchants as they make more sales and customers as…
$466.24 -1.32 (-0.28%) (As of 07/8/2024 ET) 52-Week Range $309.45 ▼ $468.35 Dividend Yield 0.64% P/E Ratio 40.37 Price Target $467.12 With its stock closing at another record high last night, around $450, it’s safe to say that Microsoft Inc NASDAQ: MSFT is having a great year so far. The tech titan is up more than…
$13.48 +0.15 (+1.13%) (As of 07/8/2024 ET) 52-Week Range $8.85 ▼ $20.82 Price Target $18.00 Lyft’s NASDAQ: LYFT efforts to improve efficiency while accelerating growth have caused a shift in sentiment that points to a double-digit upside for this stock. The latest results and guidance weren’t a blow-out but still stronger than expected, leading the analyst…
The Rs 44.68 crore IPO is a combination of a fresh issue of 62.58 lakh shares aggregating to Rs 42.55 crore and an offer for sale of 3.12 lakh shares aggregating to Rs 2.12 crore. 2 min read Last Updated : Jul 08 2024 | 10:57 PM IST The initial public offering (IPO) of Ambey…