Stock futures are slightly lower on Wednesday ahead of the Federal Reserve’s latest policy decision on interest rates. After a rough month, Wall Street is watching closely for any updates. The Dow Jones Industrial Average futures and S&P 500 futures are both down 0.2%, while Nasdaq 100 futures have also shed about 0.2%. In after-hours…
Federal Reserve Meeting and Powell’s Communication in Focus The Federal Reserve meeting is expected to conclude on Wednesday with no significant changes from the central bank. Inflation rates remain high, and although they are decelerating, the economy shows solid growth despite the highest benchmark interest rates in years. Investors are eagerly waiting for signals from…
Paycom Software, Livent, Advanced Micro Devices (AMD), MasTec, Match Group, and Yum China Holdings were among the companies making headlines in after-hours trading. Paycom Software saw its shares drop by 26.5% after missing third-quarter revenue estimates. The company reported $406.3 million in revenue for the period, while analysts had expected $411.2 million. However, Paycom’s earnings…
China Leads Central Banks in Gold-Buying Spree Amid Economic Uncertainty Central banks worldwide are rapidly increasing their gold holdings, and China is at the forefront of this trend, according to the World Gold Council. This surge in gold purchases is motivated by a desire to diversify reserves away from the US dollar, as well as…
Microsoft has officially rolled out the latest update to its Windows 11 PC operating system, introducing a range of new features and enhancements. One of the most notable additions is the introduction of a chatbot called Copilot, which uses generative AI to create human-like text and perform various actions within Windows. Copilot utilizes Microsoft-backed OpenAI’s…
L&T Records Best Ever Quarterly Order Inflow in Q2, Expects Margins to Normalize Larsen & Toubro (L&T), a major construction company, has reported its best ever quarterly order inflow in Q2 at ₹89,153 crore, marking a significant 72% year-on-year growth. The company also stated that the prospect pipeline for the next 6-12 months is encouraging….
Breaking News: Friends Co-Stars Pay Emotional Tribute to Matthew Perry Following His Tragic Passing By Chirag Sehgal | Last Updated: October 31, 2023, 07:11 IST In a heart-wrenching turn of events, Matthew Perry, known for his iconic role as Chandler Bing on the hit TV show Friends (1994-2004), has passed away. His fellow Friends co-stars,…
India Witnesses Alarming Increase in Road Accidents, Report Reveals New Delhi – The number of road accidents in India has risen by a staggering 12% to over 4.6 lakh in 2022, resulting in the death of 19 individuals every hour, according to a report released by the Ministry of Road Transport and Highways (MoRTH). The…
The official data released on Tuesday reveals that the growth of eight key infrastructure sectors has reached a four-month low of 8.1% in September 2023, compared to 8.3% in the same period last year. The growth rate in the production of refinery products, fertiliser, cement, and electricity has slowed down, while the output of crude…
Arista Networks, the cloud networking solutions company, exceeded expectations in the third quarter, causing its shares to rise by nearly 10%. The company reported earnings of $1.83 per share, surpassing the estimated $1.58, and generated $1.51 billion in revenue, higher than the projected $1.48 billion. Pinterest also experienced a significant boost in its shares, surging…
