Four entities, including Maxgrow Fintrade, have settled with markets regulator Sebi a case concerning the suspected front-running of trades by paying nearly Rs 3 crore towards settlement charges and agreeing to comply with other conditions. The other three entities that settled the case with the Securities and Exchange Board of India (Sebi) are Bhavin Pankaj Doshi, Nitesh Kumar Jain.

Shares of footwear and apparel maker Skechers USA Inc SKX are gaining after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion. The increase in sales was attributed to a 15.2% increase in International and a 7.8% increase.

US government bond yields extended their retreat from the highest levels since November after an in-line reading of the Federal Reserve’s preferred gauge of inflation.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies.

The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.In the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength.

On the day, all Adani group equities gained between 3% and 15%. The Supreme Court postponed its decision in a batch of petitions seeking court-monitored investigations into charges made against the organization by short-seller Hindenburg Research, which the group has rejected. At around 1.30 PM, BSE Sensex is trading at 65,945, down by 25 points only.

With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.It is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions.

Roku, Inc. ROKU shares are trading lower on Friday, reversing after gaining late Thursday on first-quarter earnings. The first quarter’s gross profit was $388 million, which is up 15% year over year. Gross margin, however, contracted to 44.1% from 45.6% a year ago. “Looking into the second half of the year, we anticipate normal seasonal spend in Sales & Marketing for Devices."

The shift to electric delivery vehicles by United Parcel Service Inc UPS and FedEx Corp FDX reportedly faces challenges amid U.S. supply uncertainties. These companies are striving to replace their gas-powered vans to align with environmental goals. The transition to electric vehicles (EVs) is crucial for U.S. President Joe Biden’s climate objectives in transportation.

The Dow Jones index closed lower by around 375 points on Thu. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, c...

Boyd Gaming Corporation BYD reported worse-than-expected first-quarter earnings on Thursday. Boyd Gaming posted adjusted earnings of $1.51 per share, missing market estimates of $1.57 per share. The company's quarterly sales came in at $960.521 million versus expectations of $958.741 million, according to data from Benzinga Pro. Total adjusted EBITDAR was $330.5 million in the first quarter.

Today, shares of Mufin Green Finance Ltd plunged 1.93 per cent to Rs 137.50 per share from its previous closing of Rs 140.20. The stock’s 52-week high of Rs 273.10 while its 52-week low is Rs 35 per share. The stock gave multibagger returns of 2\40 per cent in just 1 year whereas BSE Small-Cap Index is up by 66 per cent.

ELSS is the only category in mutual funds that give tax relaxation on deposits up to Rs 1.50 lakh a financial year under Section 80C of the Income Tax Act. The fund tops the chart with 33.17 per cent return in the three-year period. 📌Quant ELSS Tax Saver Fund 📌HDFC ELSS Tax Saver Fund 📌SBI Long Term Equity Fund

The Reserve Bank on Friday said the limits for FPI investment in government securities, state development loans and corporate bonds will remain unchanged at 6 per cent, 2 per cent and 15 per cent, respectively, of outstanding stocks of securities for the current fiscal. As of now, all investments by eligible investors in the 'specified securities' will be reckoned under the fully accessible route.

Exxon Mobil Corporation XOM shares are trading lower after the company reported first-quarter FY24 results. Total revenues and other income stood at $83.083 billion, beating the consensus of $78.352 billion. Net production stood at 3,784 thousand oil-equivalent barrels per day, vs. 3,831 thousand oil-equivalent barrels per day in the prior-year quarter.

Governments around the world hold a combined 567,000 Bitcoins according to Bitcoin Treasuries, worth over $36bn as of April 2024. However, the cryptocurrency isn’t being adopted by central banks just yet.Which governments own bitcoin? BitcoinTreasuries tracks the amount of Bitcoin on the balance sheets of companies and other large entities, including governments.