Cenovus Energy: In Defense Of The Bid (NYSE:CVE)
Cenovus Energy: In Defense Of The Bid
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Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market ended lower for a third consecutive session on Wednesday, deepening a sharp market rout that has erased nearly Rs 14 lakh crore in investor wealth. The selloff, driven by global jitters and uneven corporate earnings, pushed the benchmark Sensex down more than 1,660 points over three sessions, while the Nifty 50 slipped…
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Reliance Jio Q1 Results: PAT grows 25% YoY to Rs 7,110 crore; ARPU at Rs 208.8
Reliance Jio, the telecom and digital arm of RIL, reported a 25% YoY growth in its net profit at Rs 7,110 crore in the first quarter. While, revenue from operations grew 19% YoY and stood at Rs 41,054 crore in the same period. “I am happy to share that Jio has scaled newer heights during…
Illinois just threw a curveball at sports betting – what does a 40% tax rate mean for your bets?
Get Email Alerts and Follow Us: Illinois has significantly raised taxes on sports betting operators, making it the second most expensive state for online sports gambling companies after New York. The new tax structure is progressive, with top earners facing a 40% tax rate, causing concern among investors and fears of a domino effect in…
Nvidia Stock: Near Term Growth Is Getting Priced In (Rating Downgrade) (NASDAQ:NVDA)
NVIDIA stock running out of steam in the near term Paul Bradbury/OJO Images via Getty Images Performance Assessment My Q2 FY25 preview note on Nvidia Corporation (NASDAQ:NVDA) communicated a change in stance from my earlier bullish view to a more cautious “Neutral/Hold.” After earnings, Nvidia closed at $116.95; 7.9% lower than the $126.46 level where…
