Paytm shares rise after CEO exits payments bank board Shares of Paytm owner One 97 Communications jumped 5% in early India trading on Tuesday, after the company’s chief executive officer stepped down from the board of its payments bank unit. The company said in a release late Monday that Vijay Shekhar Sharma would exit his … Read more
China and Hong Kong stocks surge 2% as healthcare, tech firms gain Mainland Chinese and Hong Kong equity benchmarks surged 2% on Tuesday, led by healthcare and tech stocks, respectively. This comes after Chinese regulators took measures to calm a recent sell-off in markets, including a statement from the country’s securities and regulatory commission that … Read more
Stock market hits fresh record high as tech earnings and Fed decision loom Market Overview The S&P 500 rose on Monday, reaching a new record high as Wall Street focused on upcoming mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.2%, surpassing its previous all-time high close of … Read more
Investor Michael Burry has once again made headlines with his prediction of an impending American housing crisis. The famous American investor, known for his successful bet against the subprime mortgage market in the mid-2000s, has reportedly placed a $1.6 billion wager on a stock market crash. This information comes from a mandatory report that large … Read more