Fri, Dec 17, 2021 12:16 PM
Spider-Man, Thor inspired TVS NTORQ 125 scooter launched by TVS Motors
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Morgan Stanley Asia Singapore Pte and ICICI Prudential Life Insurance Company bought shares in Honasa Consumer, while Peak XV Partners Investments VI and others sold shares in the company. Meanwhile, the Government of Singapore and others made buys and sells in PNB Housing Finance and other companies.
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Gold prices surged over 1 per cent to reach an all-time high on Thursday, driven by growing expectations of an interest rate cut by the Federal Reserve next week following U.S. data indicating a slowing economy. As of 9:46 a.m. ET (1346 GMT), spot gold had risen 1.6 per cent to $2,551.19 per ounce, while U.S. gold futures climbed 1.4 per cent to $2,578.90.
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Intel's 60% year-to-date decline is due to its lackluster performance and sizable losses, with widening losses, significant cash burn, and poor execution making it a value trap. Intel's financial instability and past missteps outweigh its low valuation, and its suspension of dividends and operational delays add to concerns, making a turnaround uncertain.
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