On March 17, six Nifty200 stocks appeared in the RSI Trending Up scan. Their RSI readings crossed above the 50 mark from lower levels, indicating strengthening price momentum. Traders often monitor this indicator to identify improving sentiment and potential bullish continuation opportunities in these counters within the broader market.
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The Canadian REIT (real estate investment trust) scene is a great place to look if you want passive income at a reasonable price. Indeed, as hopes for lower interest rates from the Bank of Canada (BoC) grow, the underappreciated REIT scene could be a source of pretty good results over the long run. And while…
Passive income. High yields. Consistent dividends. The terms above describe common investment goals, particularly for older and retired Canadians. Such investors want to get dividend income from their investments, because dividends are seen as more “reliable” than capital gains. That perception is probably true to an extent. Most companies pay the same dividend for an…
Bombardier (TSX:BBD.B) has had quite a journey over the past few years. The once-struggling aerospace company has undergone a major transformation, shedding its commercial aviation and rail divisions to focus solely on business jets. This shift appears to be paying off, with the company reporting steady revenue growth and improved profitability. So, let’s see if…
Source: Investor Presentation of India Energy Exchange Ltd Source link
(Reuters) -The U.S. Department of Justice (DOJ) has launched an investigation into Nvidia (NASDAQ:) after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence, The Information reported on Thursday. DOJ investigators are looking at whether Nvidia pressured cloud providers to buy multiple Nvidia products, the report…
Bain’s turnaround shows in the numbers. Underlying revenue of $5.80b is expected in FY25, up from $5.35b and $5.01b in FY24 and FY23 respectively. Underlying net profit is forecast at $331m in FY25, up from $259m and $223m in the prior two years. Passengers carried are expected to hit 20.8m in FY25, up from 19.2m…