“Market Update: BSE Sensex Rises as Nifty50 Nears 25,200”
Market Opening Today, the Indian stock market opened on a positive note, with both major indices, BSE Sensex and Nifty50, starting in the green. As of 9:16 AM, the BSE Sensex was trading at 82,198.68, up 226 points or 0.28%, while Nifty50 stood
Nvidia Shares Rise as CEO Huang Reports Surging Demand for Blackwell AI Superchip
Nvidia’s CEO Jensen Huang reported that demand for the company’s new Blackwell “Superchip” is “insane,” leading to a more than 3% increase in Nvidia’s stock on Thursday. Key Details On Thursday, Nvidia’s shares peaked at $124.26 before settling at $122.80, marking a 3.3%
Nike CEO John Donahoe Retires: Elliott Hill Returns to Lead the Company
Nike announced on September 19, 2024, that CEO John Donahoe will retire, with veteran executive Elliott Hill returning to lead the company. Donahoe’s retirement is set for October 13, after which he will serve as an advisor until January. Transition of Leadership Elliott
Stock Market Update: Tech Sector Faces Volatility
Market Fluctuations Due to Weak Earnings ReportsThe stock market recently experienced significant fluctuations, with key players in the tech sector such as Atlassian and Snap reporting notable declines. The downturn was primarily driven by earnings results and forward guidance that failed to meet