Month: April 2024

India: Citi Sees Rate Cut In Oct

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🇮🇳 🇮🇳 Citi’s Samiran Chakraborty says there’s no urgency for RBI to reduce rates, first rate cut could be in Oct 2024

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Meta: Big Things Are Happening

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🚨 🚨 Meta shares have rallied 47% this year, and 142% over the last 12 months. Since the stock bottomed in November 2022 at just under $90, the stock has soared 486%

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Buckle Up For Highet Air Fares

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✈️ ✈️ The International Air Transport Association reported on Thursday that world demand in February finally surpassed 2019 levels — and a dearth of new aircraft production means that airlines will be crimped on seat capacity. They will turn to raising airfares to boost revenue and cover the higher costs of operating older planes

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AI: Google Considering A Paywall

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🧠 🧠 Google is reportedly considering implementing a paywall for certain premium artificial intelligence (AI)-powered search features. This move marks a significant shift in Google’s business model, as it would be the first time the tech giant has placed any of its core products behind a paywall

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Kashkari: Rate Cuts May Not Be Needed In 2024

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🚨 🚨 Federal Reserve Bank Minneapolis President Neel Kashkari said Thursday that rate cuts may not be needed this year if progress on inflation stalls

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JPY And CHF Climb On Risk Off

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🇯🇵 🇯🇵 “You are seeing the old safe havens (Treasuries, the Swiss franc and more impressively the yen) rallying on the back of rising geopolitical tensions in the Middle East,” Paresh Upadhyaya, director of fixed income and currency strategy at Amundi, US, said in an email

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Watch Samsung

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🚨 🚨 BREAKING: Samsung expects first-quarter profit to soar 931% as memory chip prices rebound

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Brent Climbs Above $90

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🛢️ 🛢️ Brent crude climbed above $90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating

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Dell: You Better Believe It

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🚨 🚨 Dell Technologies is up 68% in 2024, thanks in large part to its big post-earnings jump last month

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Nifty: 45,000 In 5 Years

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🇮🇳 🇮🇳 Strong corporate earnings growth could lead the Nifty to double to 45000 over the next 5 years

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