Accenture’s stock price has moved sideways in the past few months, but a recent positive report from Tata Consultancy Services (TCS), a leading Indian competitor, could be a catalyst. This week, it was trading at $350, down 5.18% from its highest level in November last year. IT spending to increase…
The USD/NOK exchange rate continued its strong uptrend, reaching its highest swing since March 2020. It has risen in the past four consecutive weeks, reaching a high of 11.41, up by over 10% from its lowest level in October last year. So, what next for the Norwegian krone as the…
The USD/BRL exchange rate retreated and neared the important support at 6.00 on Friday as the Brazilian real rebound continued. It has dropped from the year-to-date high of 6.3100 in December when real’s plunge led to panic among traders and investors. So, will the USDBRL pair maintain its bearish trend…
The DAX index has started the year well, rising for five consecutive days and hovering near its highest level on record. It was trading at €20,320 on Friday, a few points below the all-time high of €20,520. So, these are the top companies boosting the German DAX 40 index in…
Apple Pay users faced a frustrating disruption on Wednesday afternoon as the payment service, particularly Apple Cash, experienced widespread outages. Reports of the issue began surfacing around 1 p.m. EST, leaving many users scrambling to find alternative payment methods. The outage, which primarily impacted fund transfers and access to Apple…
The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a last-minute effort to limit China and Russia’s access to cutting-edge technologies, as per a Bloomberg report. The proposed measures aim to consolidate US leadership in AI development and ensure global compliance…
Asian stock markets traded mostly lower on Thursday, taking mixed cues from Wall Street amid persistent uncertainty over interest rates. The sentiment was influenced by US jobs data, which provided a mixed picture of the labour market, and Federal Reserve meeting minutes indicating a cautious stance on future monetary policy…
Morningstar stock price had a strong performance in 2024 as it surged to a record high of $364 following several quarters of strong revenue growth. It has then suffered a big reversal, plunging by over 11.5% from its highest level last year. So, will the MORN shares continue falling or…
Reliance’s share price has corrected by almost 22% from its 52-week high, and with the company set for a recovery phase, the stock has become extremely attractive in terms of valuation. India’s largest company by market capitalisation has seen a $50 billion reduction in market capitalisation since September 2024, driven by…
Apple Inc., the tech giant headquartered in Cupertino, California, is under scrutiny following a $95 million settlement in a class action lawsuit accusing it of unauthorised recordings and data sharing through its Siri voice assistant. While the settlement resolves legal claims, Apple has firmly denied the allegations, reiterating its commitment…