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Nifty 50 Rises for Third Week in a Row Amid Broad Market Gains – Equitypandit
Markets ended the week positively, with the Nifty and Sensex gaining nearly 1% each — marking their third consecutive weekly rise, the longest winning streak since December 2024. The Nifty closed at 24,346.70, up 12.50 points, while the Sensex climbed 259.75 points to 80,501.99. Nifty Bank added 28.20 points to settle at 55,115.35. Broader markets…
Music labels’ AI lawsuits create new copyright puzzle for US courts By Reuters
By Blake Brittain (Reuters) – Country musician Tift Merritt’s most popular song on Spotify (NYSE:), “Traveling Alone,” is a ballad with lyrics evoking solitude and the open road. Prompted by Reuters to make “an Americana song in the style of Tift Merritt,” the artificial intelligence music website Udio instantly generated “Holy Grounds,” a ballad with…
Hotels: Occupancy Rate Increased 0.5% Year-over-year
by Calculated Risk on 8/18/2024 09:12:00 AM The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 10 August. … 4-10 August 2024 (percentage change from comparable week in 2023): • Occupancy: 68.7% (+0.5%)• Average daily rate (ADR): US$159.49 (+1.4%)• Revenue per available room (RevPAR): US$109.51 (+1.9%)emphasis added The…
AvA 8 – New Module “QBURST”
QBURST Module for AvA 8 EA – High Frequency Trading Solution QBURST is a new addition to AvA 8 Trading System. It is a High Frequency Trading module and makes AvA 8 even more versatile then it was. The QBURST module is a high-frequency trading enhancement for the AvA 8 Expert Advisor, specifically engineered to…
US stocks scale record high as cool inflation data fuels rate cut bets
Wall Street cruised to record highs on Friday, buoyed by cooler inflation data that strengthened expectations of faster rate cuts by the Federal Reserve, while Intel’s upbeat earnings kept momentum in AI-related stocks alive. A softer-than-expected inflation print for September solidified bets that the Fed will ease rates again next week. Traders brought forward their…
Bharat Coking Coal shares poised to deliver best listing day gains since December 2024. Too late to buy?
Shares of newly listed Bharat Coking Coal (BCCL), after a blockbuster debut at a 97% premium, are on course to emerge as the best-performing IPO on listing day since December 2024, assuming current levels at about 83% hold through the close. The last stock to deliver superior listing gains was One Mobikwik Systems, which ended…
