Tesla (NASDAQ:TSLA) is trading up 2.07% at 937.41 Tesla (NASDAQ: TSLA)’s most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory. The audacious...
Asian shares plunged to their lowest in nearly 15 months, short-term U.S. yields hit 23-month highs and the dollar strengthened on Thursday after the Federal Reserve’s chairman signaled plans to steadily tighten policy. The share route looked set to continue into European and U.S. trading. Pan-region Euro Stoxx 50...
TOP 5 STOCKS TO WATCHOUT:- 1.RENAULT: Renault and Nissan will work more closely together to make electric cars, they said on Thursday, detailing their plans to spend 23 billion euros ($26 billion) on the transition to cleaner vehicles over the next five years. The two-decade-old alliance, which also includes Mitsubishi...
In the international market, gold was trading lower at $1,810 per ounce and silver was flat at $23.10 per ounce.
Gold is generally seen as an inflationary hedge, but it is highly sensitive to rising US interest rates, which increases the opportunity cost of holding non-interest bearing bullion.
Oil prices fell on Thursday as investors cashed in profits from the 2% gains in the previous session after the U.S. Federal Reserve indicated an interest rate hike in March, leading to a technical correction in surging energy markets.
Gold was flat on Thursday, holding near a one-week low hit in the previous session, after the Federal Reserve decided on March rate hikes that pushed up U.S. Treasury yields and the dollar, while uncertainty over Ukraine capped bullion’s losses.
Brent crude rose $1.67, or 1.9 per cent, to $89.87 by 10:40 a.m. EST (1540 GMT), after hitting $90.02, the first time the global benchmark has broken that level since October 2014.
Microsoft Corp (NASDAQ:MSFT) is trading down 2.66% at 288.49 After a brief scare, Microsoft Corp (NASDAQ:MSFT)reassured tech investors late on Tuesday that the enterprise internet cloud business category has plenty of room to grow. Shares of the software and services giant sank as much as 6% on Tuesday after...
TOP 5 STOCKS TO WATCHOUT:- 1.BOEING:Boeing Co is in advanced talks with Qatar Airways to secure a launch order for a proposed new freighter, and a deal could come as early as next week when the country’s ruling emir visits Washington, two people familiar with the matter said on...