Mon, Feb 21, 2022 1:21 PM
Welspun India may consider fund raising proposal of Rs500 crore
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Chemicals maker Dow beat first-quarter profit estimates on Thursday, helped by higher sales volumes as global manufacturing activity shows signs of growth. China's manufacturing activity expanded for the first time in six months in March while U.S. manufacturing grew for the first time in about 18 months, benefiting Dow whose products are used in a range of industries.
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Recent data has shown that inflation is still far from the Federal Reserve's 2% target, meaning interest rates could stay higher for longer than investors had expected. In this video, I discuss the latest expectations, how they could affect stocks, and three specific types of stocks that could be big winners once rates finally start to fall.
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Down by 89% from its initial public offering price of $78 in November 2021, Rivian Automotive's (NASDAQ: RIVN) stock performance has been catastrophic for its early investors. While the electric vehicle (EV) maker has quickly built a leading brand with its trucks and SUVs, market weakness has soured investor interest in this once-exciting industry.
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