Tue, Sep 10, 2024 1:19 PM
1 Warren Buffett Stock That Could Go Parabolic in 2024 and Beyond
A Flip by Shubhangi Gupta
Oil prices went up amid geopolitical tension increasing in the Middle East has raised concerns related to the possible blockage in global crude supplies. The key focus remains to continue to oil-producing countries in the region, with fear that if the conflicts escalate it can affect the flow of oils globally. Brent crude futures rose by $3.59 or 4.86% at $77.49 per barrel.
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Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock, according to Securities and Exchange Commission filings on Thu. In a series of transactions disclosed over seven filings, Gangwal acquired 3.6 million of the carrier’s common shares for roughly $29 apiece.
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The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro's Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from JP Nagar 4th Phase to Mysuru Road.
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