Exclusive-Xiaomi says India's scrutiny of Chinese firms unnerves suppliers
Sun, Feb 11, 2024 7:12 PM

Exclusive-Xiaomi says India's scrutiny of Chinese firms unnerves suppliers

Xiaomi, the largest smartphone seller in India, has expressed concerns to the Indian government about Chinese supplier hesitancy to set up operations in the country due to strong scrutiny of Chinese companies. The company also requests for manufacturing incentives and lower import tariffs on some components. This follows increased scrutiny and restrictions on Chinese businesses in India.

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Could Green Thumb Industries Stock Help You Become a Millionaire?
Sun, Feb 11, 2024 7:10 PM

Could Green Thumb Industries Stock Help You Become a Millionaire?

Small, volatile stocks in emerging industries like Green Thumb Industries (OTC: GTBIF) can have the potential to help investors become millionaires, but it's not guaranteed. The company operates in a rapidly growing marijuana market and has shown strong revenue growth and a potential to capture a larger share of the market in the long term.

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3 Artificial Intelligence (AI) Stocks to Buy With $2k and Hold for 25 Years
Sun, Feb 11, 2024 7:09 PM

3 Artificial Intelligence (AI) Stocks to Buy With $2k and Hold for 25 Years

3 AI companies - Amazon, Palantir Technologies, and Snowflake - are expected to make significant contributions to the growth of AI in the coming years. These companies have strong potential for long-term growth and could provide significant returns for investors who are willing to hold their stock for 25 years. Their unique technology, customer base, and competitive advantage offer an edge.

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These Six Charts Explain How the CRE Debt Crisis Spread to Banks
Sun, Feb 11, 2024 7:07 PM

These Six Charts Explain How the CRE Debt Crisis Spread to Banks

Property mogul Barry Sternlicht notes that there is $1.2 trillion in potential real estate losses, causing alarm for smaller banks who may bear the burden. NYC Bancorp’s dividend slash and further predicted property value declines add to the concerns. Regional bank stocks have been selling off, but credit investors are viewing it as an earnings issue, not a risk to financial stability.

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Billionaire David Tepper Invested 38% of His Portfolio in These 5 Stocks
Sun, Feb 11, 2024 7:06 PM

Billionaire David Tepper Invested 38% of His Portfolio in These 5 Stocks

Is David Tepper an income investor? Nope. The hedge fund manager (and Carolina Panthers owner) probably doesn't factor dividends into his thinking much, if at all, when picking stocks. However, that doesn't mean Tepper doesn't own plenty of dividend stocks. There are more of them in the billionaire's Appaloosa Management hedge fund than you might think.

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3 Top Cybersecurity Stocks to Buy in February
Sun, Feb 11, 2024 6:15 PM

3 Top Cybersecurity Stocks to Buy in February

The world is increasingly digital, leading to a rise in cyberattacks. As a result, companies are investing more in cybersecurity, with the average cost of a data breach being over $4.45 million. This has made cybersecurity an indispensable industry and presents investment opportunities. Three top stocks to consider buying in February are CrowdStrike Holdings, Palo Alto Networks, and Cisco Systems.

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Top trading ideas which could give 11-16% in 3-4 weeks: Rajesh Palviya
Sun, Feb 11, 2024 5:55 PM

Top trading ideas which could give 11-16% in 3-4 weeks: Rajesh Palviya

These stocks could give 11-16% return in next 3-4 weeks: 💰Thermax Ltd: Buy| LTP Rs 3350| Target Rs 3790-3885| SL Rs 3055| Upside 16% 💰ICICI Lombard General Insurance: Buy| LTP Rs 1638| SL Rs 1500| Target Rs 1752-1830| Upside 11% 💰ACC: Buy| LTP Rs 2629| Target Rs 2870-2930| SL Rs 2465| Upside 11% 💰Bank of Baroda: Buy| LTP Rs 262| Target Rs 296-306| SL Rs 247| Upside 16%

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Factors that may drive market trends this week!
Sun, Feb 11, 2024 5:30 PM

Factors that may drive market trends this week!

Stock markets will be influenced by upcoming macroeconomic data announcements and global trends, while also keeping an eye on foreign investors' trading activity. The last batch of quarterly earnings will also impact specific stocks. This week, the focus will be on economic data, FII and DII investments, crude oil data, rupee-dollar exchange rate, and global stock market trends.

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NSE Q3 net profit rises 8 pc to Rs 1,975 crore
Sun, Feb 11, 2024 5:12 PM

NSE Q3 net profit rises 8 pc to Rs 1,975 crore

In Q3 of the current financial year, NSE reported a consolidated net profit of Rs 1,975 crore, an 8% increase Y/Y. This was driven by strong revenue growth in trading, listing, index services, and other areas. The exchange also contributed Rs 28,131 crore to the exchequer through various taxes and charges. Trading volumes saw significant increases across cash markets, equity futures, and options.

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3 Stocks That Turned $1,000 Into 1 Million (or More)
Sun, Feb 11, 2024 5:10 PM

3 Stocks That Turned $1,000 Into 1 Million (or More)

The stock market has historically provided a 10% yearly return, but some companies have outperformed the market and turned small investments into seven-figure sums. Apple, Costco, and Home Depot are three successful consumer stocks that have turned $1,000 into over $1 million. However, investors should temper expectations, as these companies face challenges in maintaining their high growth rates.

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Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers
Sun, Feb 11, 2024 5:03 PM

Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers

Last week saw four of the top-10 most valued firms gain Rs 2.18 lakh crore in market valuation, with Life Insurance Corporation and State Bank of India as the biggest gainers. The remaining six, including HDFC Bank and ICICI Bank, faced erosion in their valuations worth Rs 1.06 lakh crore. Meanwhile, Reliance Industries maintained its position as the most valued firm followed by TCS and HDFC Bank.

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Growth momentum to continue amid positive economic scenario: JK Tyre
Sun, Feb 11, 2024 4:59 PM

Growth momentum to continue amid positive economic scenario: JK Tyre

JK Tyre expects continued demand growth in the medium and long term, supported by a favourable economic environment and increasing car sales. The company plans to expand production capacity to meet this demand and is collaborating with rubber growers in the Northeast to reduce import dependence. In the third quarter of 2023, JK Tyre reported a significant increase in net profit and revenue.

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Prediction: Bitcoin Will Hit $100,000 in 2024
Sun, Feb 11, 2024 4:58 PM

Prediction: Bitcoin Will Hit $100,000 in 2024

Coming off an impressive 2023, when it rose by more than 150%, Bitcoin (CRYPTO: BTC) is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark? Let's cut to the chase: The answer is yes. With a bit of math, it becomes easy to see how a six-figure Bitcoin is not only within the realm of possibility but almost a near certainty.

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SEBI proposes two models to regulate API based algo trading
Sun, Feb 11, 2024 4:56 PM

SEBI proposes two models to regulate API based algo trading

SEBI is proposing to regulate API-based algo trading and has proposed 2 models along with norms. These include requiring brokers to get approval for their platforms, taking responsibility for security, and regulating algo platforms. SEBI has also directed the NSE to create a team of Performance Validation Agencies and will require strategy providers to clear an exam to provide services to clients.

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Is It Too Late to Buy Apple Stock?
Sun, Feb 11, 2024 4:56 PM

Is It Too Late to Buy Apple Stock?

Apple released its highly anticipated Apple Vision Pro VR/AR headset, powered by the same chip as their MacBook Air. It's unknown how successful the headset will be, but it shows Apple's dedication to investing in AI, VR/AR, and digital services. Despite challenges over the past year, Apple's strong brand and significant cash reserves make it a solid long-term investment.

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