Varun Beverages Ltd's stock dropped 6% despite a 25.5% increase in profit and a 28.3% revenue boost for Q2, alongside announcements of a stock split and interim dividend.
Category: News & Updates
Nvidia Stock – Experts Warn of Risks in Nvidia’s Future Despite Historic Stock Surge
Nvidia’s stock has surged 28,000% over the past decade, but experts warn that future growth may be uncertain due to high valuation and risks associated with AI dependency.
Apple’s New AI iPhone Will Take the Market by Storm
Apple's New AI iPhone Will Take the Market by Storm
Hermès Stock – Hermès and NatWest Drive European Market Gains Amid Positive US Inflation Reading
European stocks rose 0.8% driven by strong earnings from Hermès and NatWest, alongside positive US inflation data.
Current Market News: Why Are Meta Stocks Fluctuating Today?
Current Market News: Why Are Meta Stocks Fluctuating Today?
US Stocks Struggle as Tech Sell-Off Continues Amid AI Concerns
US stocks struggled on Thursday with the Nasdaq and S&P 500 falling amid concerns over AI investment returns and disappointing tech earnings, while the Dow Jones saw a modest gain; traders are now anticipating Federal Reserve rate cuts based on recent economic data.
Why Is Nvidia Stock Experiencing Another Drop Today?
Why Is Nvidia Stock Experiencing Another Drop Today?
Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.
HUL Share Price – HUL Shares Drop 3% Despite Solid Q1 Earnings – Is Now the Time to Buy?
Hindustan Unilever's share price dropped over 2% despite a 3% increase in net profit to ₹2,538 crore for the quarter ending June 30, 2024, matching Street estimates of ₹2,541 crore.
Dow Jones Today – S&P 500 and Nasdaq Surge on July 22, Fueled by Nvidia and Tesla
On July 22, major stock indexes surged, led by strong performances from Nvidia and Tesla, while political developments and upcoming economic data drew investor attention.