Author: prosperplanetpulse.com
Samsung Electronics’ shares rose by more than 3% overnight after the company forecast that its second-quarter profits would increase 13 times compared to the same period last year. (ZUMA Press, ZUMA Press Inc.)Samsung Electronics Co. Ltd.’s shares rose more than 3% overnight after it forecast second-quarter profits would rise 13 times from the same period last year, as demand for artificial intelligence (AI) technology is helping memory chip prices recover.Operating profit at the world’s largest maker of memory chips, smartphones and televisions is estimated to have risen to 8.8 trillion won ($6.34 billion) in the quarter ended June 30. That…
The remarks were made at a summit of the Shanghai Cooperation Organisation, a regional bloc that Moscow and Beijing see as a counterweight to US “hegemony” on the world stage.The presidents of China and Russia urged their allies to resist outside influence, saying the centre of global power is shifting and a multipolar world is on the way. Russian President Vladimir Putin and Chinese President Xi Jinping arrived in the Kazakh capital Astana on Thursday to meet leaders of the Shanghai Cooperation Organisation (SCO), a regional alliance that Moscow and Beijing see as a counterweight to US “hegemony” on the…
Benzinga hosted a series of virtual events this July catering to a variety of interests, including whiskey investing, startup innovation and real estate trends, and here we take a closer look at the agenda.The boom in whisky investmentThe first event will be a webinar on July 11th. Demand for whiskey is on the rise: How investors can capitalize on this trendThis session will introduce participants to the expanding market for whiskey investment, which is gaining attention due to rising global alcohol consumption. Anthony ChanCEO and Co-Founder of Vinovestalong with Hunter RobillardVinovest’s Head of Whisky provides expert insight into whisky investment…
Markets are bracing for uncertainty as pressure grows for President Joe Biden to step down as the Democratic nominee for November’s presidential election. Republican front-runner Donald Trump’s chances of victory have risen since his rivals’ shaky performances in last week’s debate, with implications for bonds, stocks and the broader economy. Market reactions to the debate show that a Trump victory could have very real implications. Bond yields rose in response to the likelihood of a Trump victory. Investors were banking on Trump’s promise… Markets are bracing for uncertainty as pressure grows for President Joe Biden to step down as the…
The Department of Justice announced that a Hallandale Beach man with Belarusian nationality and U.S. permanent resident status is facing federal charges for exporting controlled technology from the United States to Russia without authorization.Cargo transporter Kirill Gordei, 35, was indicted by a federal grand jury in Boston in April on one count of criminal conspiracy against the United States, one count of smuggling goods from the United States and one count of shipping mass spectrometers overseas in violation of the Export Control Reform Act.Gorday was arrested by the U.S. Marshals Service on Sunday and is currently being held at the…
Indian Equity Market: Domestic equity indices Sensex and Nifty 50 are expected to open higher on Wednesday, riding on positive momentum in global markets. Asian markets rose and U.S. stock indexes ended the overnight session higher on growing expectations that the Fed will cut interest rates this year. Federal Reserve Chairman Jerome Powell struck a slightly dovish tone in his comments, suggesting the central bank is likely to begin an easing cycle later this year. On Tuesday, India’s major stock market indexes ended with modest losses after hitting fresh record highs during trade. The Sensex index fell 34.74 points or…
NEW DELHI: Power stocks ended higher in trade on Thursday. Among the top gainers were GE Power India Ltd. (up 12.26%), Inox Wind Ltd. (up 10.20%), Voltamp Transformers Ltd. (up 7.98%), Inox Wind Energy Ltd. (up 5.00%), Karma Energy Ltd. (up 5.00%), Jyoti Structures Ltd. (up 4.72%), GE T&D India Ltd. (up 3.26%), SJVN Ltd. (up 2.98%), NHPC Ltd. (up 2.11%) and Power and Instrumentation (Gujarat) Ltd. (up 2.00%). Indwind Energy (down 5.01%), Indo Tech Transformers (down 3.43%), Jaiprakash Power Ventures (down 3.26%), Hitachi Energy India (down 1.50%), Kalpataru Projects International (down 1.38%), Energy Development Company (down 1.20%), JSW Energy…
The stock market’s next rally could come from a new batch of stocks. of S&P 500 Stocks have been hitting new all-time highs one after the other in 2024. A widely used stock market benchmark is up 15% in the first half of 2024 and is up more than 50% from its 2022 bear market lows. The largest companies are driving the current market rally in the S&P 500. In fact, market concentration has reached levels investors haven’t seen since the 1970s. The rise in market concentration is the result of a variety of factors. It’s worth noting that many…
of S&P 500 Stocks have been hitting new all-time highs one after the other in 2024. A widely used stock market benchmark is up 15% in the first half of 2024 and is up more than 50% from its 2022 bear market lows.The largest companies are driving the current market rally in the S&P 500. In fact, market concentration has reached levels investors haven’t seen since the 1970s.The rise in market concentration is the result of a variety of factors. It’s worth noting that many of the largest companies have enjoyed robust revenue growth, as they were well-positioned during the…
As Cryptocurrency bull market As the heat rises, smart investors start looking for promising altcoins under $1. Some of the top picks include Tron (TRX), arbitration (ARB) and RollBlock (RBK). RollBlock is currently trading at $0.015 in the first phase of its presale and is expected to surge 100x in 2024. Here’s why Best Cryptocurrencies to Buy We’ll discuss current trends and those that are likely to explode in the coming months. Role Blocks Sparks Investor Excitement: Why It’s Popular Rollblock is capitalizing on the fast-growing global gambling market, which is expected to reach $540.3 billion in 2023 and grow…