Reuters Market Eye - Shares of Torrent Pharmaceuticals Ltd(NSI:TORNTPHARM) surge 8.6 percent, heading towards its biggest single day gain since May 2013, after the company posted a 41 percent increase in its net profit for the October-December quarter.
Torrent's earnings breakdown shows profit margin expanded to 23.5 percent from 19.6 percent in the same quarter, while costs only marginally increased.
(Reporting Dipika Lalwani)
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven rules for when to sell stocks.
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
(Bloomberg) -- Super Micro Computer Inc. and Nvidia Corp plummeted on Friday, with the two AI favorites leading a broad-based tech selloff.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits City‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapIsrael Reported to Have Launched Retaliatory Strike on IranThe maker of equipment to handle artificial intelligence work sank 2
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.