Shares of HEG Ltd., a prominent graphite electrode manufacturer, witnessed an 80.12% drop in early trade on Friday, opening at ₹511 apiece against a previous close of ₹2,570.80. While the sharp fall initially surprised some investors, the decline was attributed to the company’s 5:1 stock split. HEG reduced the face…

Warren Buffett has always warned investors on the risks of betting against America for decades. His bullishness has paid off as evidenced by the performance of Berkshire Hathaway, a company that has attained a market cap of over $1 trillion.  More companies like Apple, Nvidia, and Microsoft are now valued…

Japan’s currency officials have issued a warning as the yen has dropped beyond the critical threshold of 150 per dollar, signaling the risk of additional declines despite potential intervention measures. Following the remarks of Atsushi Mimura, the country’s top currency official, the yen managed a slight recovery, climbing 0.2% to…

China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock market. These initiatives, introduced by the People’s Bank of China (PBOC), are designed to promote the “steady development” of the nation’s capital markets. Boosting market stability…

Shares of Polycab India fell over 5% on October 18, even though the company reported solid earnings for the second quarter of FY25. The electrical goods company posted a 3.6% year-on-year (YoY) rise in net profit to ₹445.2 crore, with total income growing to ₹5,574.6 crore, up from ₹4,253 crore…

American government yields have risen recently as odds of a more hawkish Federal Reserve rose. The 10-year government yield has jumped to 4.11%, while the 30-year and 2-year have moved to 4.41% and 3.90%, respectively. Still, these yields remain substantially below where they were a few months ago as interest…

Bitcoin (BTC) is witnessing renewed optimism from the crypto community after breaking past $67,000 this week. Russian crypto expert Alexey Mokrov, the founder of Cryptobotpro, has backed the cryptocurrency to touch between $70,000 and $75,000 before the end of October. Mokrov highlighted the changing market dynamics, suggesting that October could…

The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) has been one of the best-performing funds in the past decade as demand for chips soared. The fund has jumped by more than 2,085% in the last decade and by 186% in the past five years. It has also risen by…

As earnings season approaches, all eyes are on tech giants Alphabet and Microsoft, with the two set to report their financial results in the coming days. Alphabet, the parent company of Google, will release its earnings on October 29, followed by Microsoft on October 30. Despite both companies posting gains…