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Lifevantage chief sales officer Cunningham sells $55k in shares
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Impact Biomedical corrects merger exchange ratio, sets reverse stock split
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SB Energy to sell up to $500 million in shares to Japan investors as part of US IPO
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Jean Smart, Noah Wyle win Emmys as Hollywood honors best of TV
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‘All of us are going to pay’: 30% of Americans are taking out BNPL loans to pay for groceries, and it’s probably going to cost you
In the check-out line of your local grocery store, there’s a nearly one-in-three chance someone there has used an app like Klarna or Affirm to finance their purchase of produce, milk, and eggs at some point. Their use of buy now, pay later could mean your groceries are about to cost more, economists have found.…
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SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tightening
Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ongoing food inflation concerns. The CEO of Axis Bank has raised alarms about the increasing risks of inflation. This shift in monetary policy timing comes as the Monetary Policy Committee prepares…
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BofA turns bullish on Nifty, forecasts 12% upside by December
BofA Securities expresses an optimistic outlook for the Nifty, projecting a growth to 26,200 by December 2026. They anticipate that current market risks due to Fed rate hikes and issuances will peak around October. This optimistic stance comes in light of identified risks altering market dynamics and recent valuation shifts.
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Analysts remain bullish on L&T, see up to 16% upside on order book strength
Larsen & Toubro’s shares face volatility, yet analysts remain optimistic about future growth. A record order book and strong capital expenditure demand underpin this positive outlook. Geopolitical issues impacted recent execution, but no major projects were cancelled. The company expects improved momentum and order inflows in the second half of FY27. Strategic divestments and investments…
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US 10-year yields reach 5%, highest since October 2023
The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes amid increasing oil prices and inflation worries, compounded by significant debt issuance and fiscal issues. As a result, higher borrowing costs are set to impact mortgages, personal loans, and corporate financing practices across…