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AI Deal Fuels Wipro Stock, Shares Rise 3.50% on Nvidia Partnership

March 19, 2025 2:57 pm
Key moments On Wednesday, Wipro Limited’s stock rose by 3.50% on the NYSE. Investors reacted positively to Wipro’s announcement of its joint venture with Nvidia for the development of AI services. Transparency is a key factor behind the AI partnership’s goals. Wipro’s Share Price Jumped 3.50% on Wednesday News of Wipro Limited’s collaboration with Nvidia […] Read more

General Mills Fiscal 2025 Third Quarter Sales: $4.8B, Down 5%, Yearly Forecast Adjusted

March 19, 2025 2:24 pm
Key moments General Mills reports a 5% year-over-year revenue decrease for Q3, falling below analyst expectations. Adjusted EPS drops by 15%, despite surpassing projections, reflecting broader financial pressures. The company revises its full-year guidance downward, anticipating continued challenges in organic net sales and profitability. General Mills Navigates Market Headwinds, Adjusts Fiscal Outlook General Mills, a […] Read more

S&P 500 Futures Edge 0.20% Higher Amid Anticipation of Fed Interest Rate Policy

March 19, 2025 1:32 pm
Key moments Anticipation builds as S&P 500 futures experience modest gains ahead of the Federal Reserve’s policy announcement. Market volatility persists, with significant losses recorded on Tuesday following a brief period of recovery. Traders closely monitor the Federal Reserve’s economic forecasts, particularly regarding interest rates, GDP, inflation, and employment. Pre-Fed Decision Market Fluctuations and Economic […] Read more

Signet Jewelers Stock Soars 15.53% on Strong Q4 Results, Share Price Reaches $55.80

March 19, 2025 12:52 pm
Key moments Signet Jewelers’ stock achieved a substantial 15.53% gain to $55.80 during Wednesday’s pre-market hours. Signet Jewelers delivered adjusted earnings per share of $6.62 and sales of $2.4 billion, higher than market participants were expecting. The substantial uptick in share value reflects a positive market response to both the retailer’s financial performance and its […] Read more

E-Commerce Giant Shopify Changes US Stock Exchange to Nasdaq

March 19, 2025 12:28 pm
Key moments Shopify announces transition of its U.S. stock listing from the NYSE to the Nasdaq. The change is scheduled to take effect at the end of March, with trading commencing on the Nasdaq on March 31. The company’s listing on the Toronto Stock Exchange will remain unchanged, preserving the existing ticker symbol. Shopify’s Strategic […] Read more

Gaming, AI Fuel 90% Profit Spike for Tencent in Q4

March 19, 2025 11:50 am
Key moments Tencent reports a significant 90% year-over-year profit increase in the fourth quarter of 2024, exceeding market expectations. The company’s gaming division is seeing significant expansion, driven by strong performance in both domestic and international markets, particularly with titles like Honour of Kings and PUBG Mobile. Tencent emphasizes the growing impact of artificial intelligence […] Read more

AI Ordering Rolls Out at Yum Brands’ Restaurants via Nvidia Collaboration

March 19, 2025 10:07 am
Key moments Yum Brands partners with Nvidia to enhance AI integration across its Taco Bell, KFC, and Pizza Hut restaurants. The collaboration aims to deploy AI-driven order-taking, computer vision, and performance assessments. Yum’s strategic shift involves leveraging Nvidia’s technology while retaining ownership of the AI intelligence through its Byte platform. Yum Brands and Nvidia Forge […] Read more

Nvidia Stock Tumbles 3.43% to $115.43 Following GTC Conference

March 19, 2025 10:06 am
Key moments Nvidia shares plummeted 3.43% to close at $115.43 on Tuesday. CEO Jensen Huang’s presentation on Nvidia’s future and AI advancements did not impress investors. Despite the daily drop, pre-market figures reached $116, and Nvidia’s market cap remains at $2.83 trillion. Huang’s GTC Conference Speech Underwhelmed Investors А highly anticipated keynote address from CEO […] Read more

NZX 50 Falls 0.3%, Major Constituents Slide Up to 3.46%

March 19, 2025 8:39 am
Key moments NZX 50 index concludes a third consecutive day of decline, reaching a seven-month low. As of March 19, the index experienced a 0.3% decline, closing at 12.046. Domestic consumer confidence weakens amidst cost-of-living pressures and trade war apprehensions. Investor focus shifts to upcoming GDP data release, anticipating quarterly growth amidst annual contraction, while […] Read more

Apple Price Target Raised to $275, Potential $375 Peak, Says Evercore ISI

March 19, 2025 6:47 am
Key moments Evercore ISI analysts raise Apple’s price target to $275, citing its position as a “tech staple” and potential AI beneficiary. As of March 19, 2025, Apple shares are down -0.61%, to 212.69 USD. Analysts predict sustainable mid-single-digit revenue growth and low-to-mid-teen percentage growth in EPS and free cash flow for Apple. Evercore highlights […] Read more