Why is UltraTech Cement stock dropping sharply today?
Shares of UltraTech Cement, India’s largest cement manufacturer in terms of production capacity, experienced a significant decline of approximately 6% on Thursday. This drop led to the stock reaching an eight-month low, according to a Reuters report. The decline was triggered by
USD/ZAR analysis: megaphone pattern points to rand crash to 20
The South African rand strengthened a bit against the US dollar as traders watched the latest South African inflation data and the upcoming tariffs from the United States. The USD/ZAR exchange rate traded at 18.55 on Thursday morning, down from
3 reasons India’s Nifty 50 index may rebound in March
The Nifty 50 index pulled back this year and moved into a correction phase as concerns about valuation, slow growth, and Donald Trump’s tariffs accelerated. The index, which tracks the biggest Indian companies, dropped to 22,255 on Thursday, down by
SOXL ETF analysis: here’s why this semiconductor fund may crash
The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) has suffered a big reversal in the past few months as signs emerged that the artificial intelligence (AI) bubble was starting to fade. The SOXL ETF, which provides a leveraged exposure
Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full year ahead, the company said it expects total sales to grow by 2.8% and comparable sales,
Bucking trend, McDonald’s vows no egg surcharges as it preps $1 Egg McMuffin Day
McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing a special one-day discount on Egg McMuffins. The fast-food giant said in a release that to mark the 50th
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for
Solana plunges over 50% from all-time high as memecoin trading activity fades
Solana’s recent price collapse has shaken investor confidence, with the blockchain experiencing its worst month since the FTX crash in November 2022. SOL has plunged over 50% from its recent highs in January, shedding 38% in the past 30 days
Stellantis forecasts growth in 2025 after sharp earnings drop in 2024
Stellantis, the multinational auto giant behind Dodge, Jeep, Fiat, Chrysler, and Peugeot, expects to return to growth in 2025 after a sharp decline in its 2024 earnings.The company posted a full-year net profit of €5.5 billion ($5.77 billion), a steep
AB InBev beats revenue estimates as premium and non-beer sales offset declining beer demand
Anheuser-Busch InBev (AB InBev), the world’s largest brewer, delivered stronger-than-expected fourth-quarter revenue, defying concerns over declining global beer demand.The company reported a 3.4% year-over-year revenue increase to $14.84 billion, surpassing analysts’ estimates of $14.05 billion.Despite a 1.9% decline in total
Rivian stock price risk and reward analysis: 165% surge is possible
Rivian stock price has slipped sharply this week, joining other technology companies like Tesla and NVIDIA. It has slipped in the last two straight days, reaching a low of $11.45, its lowest swing since November 26. It is down by
Stock price forecasts: Dell, Edison International, Duolingo
American stocks are on edge this week as focus shifts to the upcoming decision on tariffs and NVIDIA earnings. The S&P 500, NASDAQ 100, and Dow Jones indices have all pulled back in the past few days. This article provides
Denny’s announces ‘pricing decision’ about egg dishes
(KTLA) – Denny's will be adding a surcharge for meals that include the use of eggs at some locations due to rising costs from a nationwide egg shortage, the company has confirmed to Nexstar. The diner chain did not announce which
Ashley Judd backs New York bill to protect survivors, target traffickers
ALBANY, N.Y. (NEXSTAR) — Hollywood royalty Ashley Judd has lent her celebrity to the Sex Trade Survivors Justice and Equality Act, a bill proposed in the New York State Legislature. She joined lawmakers and survivors at the New York state
Avoid the QQQ ETF, buy this Nasdaq 100 ETF alternative instead
The Invesco QQQ ETF has become one of the best-performing funds in the United States in the past few decades by tracking the Nasdaq 100 index. It has soared from about $40 during its inception and moved to the current
Here’s why the LVMH share price may rebound this year
The LVMH share price has rebounded in the past few months as investors anticipate that the recent weakness in the luxury sector is fading. The stock was trading at €685 on Wednesday, down by over 10% from the highest point
XRP price prediction: here’s why Ripple coin may crash soon
The XRP price may be at a significant risk of a big crash this year even as it faces major catalysts in the coming months. Ripple has formed the head and shoulders chart pattern, a popular bearish sign in the
Rivian stock price risk and reward analysis: 165% surge is possible
Rivian stock price has slipped sharply this week, joining other technology companies like Tesla and NVIDIA. It has slipped in the last two straight days, reaching a low of $11.45, its lowest swing since November 26. It is down by