HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins persisted. The results highlight the bank’s resilience amid a challenging deposit environment following its merger with Housing Development Finance Corp. (HDFC) Ltd. last year. Profit
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HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins persisted. The results highlight the bank’s resilience amid a challenging deposit environment following its merger with Housing Development Finance Corp. (HDFC) Ltd. last year. Profit
1.1KApple shares rose to record levels on Monday following a Loop Capital upgrade to buy from hold, marking the latest signal of optimism around the tech giant’s iPhone sales. Shares rose 3.1% to an all time high on Monday, beating the previous high reached in December 2024. Despite this uptick, Apple remains up just 6%
Apple shares rose to record levels on Monday following a Loop Capital upgrade to buy from hold, marking the latest signal of optimism around the tech giant’s iPhone sales. Shares rose 3.1% to an all time high on Monday, beating the previous high reached in December 2024. Despite this uptick, Apple remains up just 6%
2.6KThe Schwab US Dividend Equity ETF (SCHD) has underperformed the market this year. SCHD was trading at $26.80, down by over 6% from its highest point this year and up by over 14.4% from the lowest point in April. This article examines why the SCHD ETF has underperformed the market this year and identifies some
The Schwab US Dividend Equity ETF (SCHD) has underperformed the market this year. SCHD was trading at $26.80, down by over 6% from its highest point this year and up by over 14.4% from the lowest point in April. This article examines why the SCHD ETF has underperformed the market this year and identifies some
2.3KIn a high-stakes gambit designed to reassert its dominance and burnish its reputation as a true engineering pioneer, Samsung Electronics Co. is preparing to unveil its most audacious creation yet: a highly-anticipated trifold smartphone. The radical new device, the company’s first with two hinges, will make its global debut not at a conventional tech conference,
In a high-stakes gambit designed to reassert its dominance and burnish its reputation as a true engineering pioneer, Samsung Electronics Co. is preparing to unveil its most audacious creation yet: a highly-anticipated trifold smartphone. The radical new device, the company’s first with two hinges, will make its global debut not at a conventional tech conference,
1.4KA day of significant global developments is underway, as a data blackout in Washington forces economists to become digital detectives, a deep and painful industrial crisis grips Argentina, and a fresh wave of anxiety over the health of the US banking sector sends a chill through Asian markets. Here’s your one-stop stand to catch up
A day of significant global developments is underway, as a data blackout in Washington forces economists to become digital detectives, a deep and painful industrial crisis grips Argentina, and a fresh wave of anxiety over the health of the US banking sector sends a chill through Asian markets. Here’s your one-stop stand to catch up
2.1KRipple Labs Inc. is moving forward with an ambitious plan to raise at least $1 billion to buy XRP, despite recent turbulence in the cryptocurrency market. The move signals the company’s intent to strengthen its presence in the digital-asset ecosystem, even as investors remain cautious following a market-wide selloff. The funds will be placed in
Ripple Labs Inc. is moving forward with an ambitious plan to raise at least $1 billion to buy XRP, despite recent turbulence in the cryptocurrency market. The move signals the company’s intent to strengthen its presence in the digital-asset ecosystem, even as investors remain cautious following a market-wide selloff. The funds will be placed in
1.3KAccording to a Bloomberg report, Nintendo Co. is betting big on its next-generation console, directing suppliers to produce up to 25 million units of the Switch 2 by March 2026. The move signals a strategic attempt to dominate global console sales in the post-pandemic gaming market and sustain its momentum after record-breaking hardware success. The
According to a Bloomberg report, Nintendo Co. is betting big on its next-generation console, directing suppliers to produce up to 25 million units of the Switch 2 by March 2026. The move signals a strategic attempt to dominate global console sales in the post-pandemic gaming market and sustain its momentum after record-breaking hardware success. The
5KMarks & Spencer (M&S) has recalled one of its popular confectionery items — the Milk Chocolate Honeycomb — after discovering it may contain undeclared peanuts. The recall, issued in coordination with the Food Standards Agency (FSA), is a precautionary measure following concerns that the product’s packaging failed to mention the possible presence of peanuts, posing
Marks & Spencer (M&S) has recalled one of its popular confectionery items — the Milk Chocolate Honeycomb — after discovering it may contain undeclared peanuts. The recall, issued in coordination with the Food Standards Agency (FSA), is a precautionary measure following concerns that the product’s packaging failed to mention the possible presence of peanuts, posing
2KAmazon.com Inc. will hire 250,000 workers across the US for the upcoming holiday season, maintaining the same recruitment level as the past two years. The move underscores the e-commerce giant’s consistent demand for warehouse and delivery workers even as overall seasonal hiring in retail is expected to hit its lowest point since the 2009 financial
Amazon.com Inc. will hire 250,000 workers across the US for the upcoming holiday season, maintaining the same recruitment level as the past two years. The move underscores the e-commerce giant’s consistent demand for warehouse and delivery workers even as overall seasonal hiring in retail is expected to hit its lowest point since the 2009 financial
4.3KOpenAI is on a winning streak, closing big blockbuster deals almost every week now. The Sam Altman-run company announced another major deal with Broadcom on Monday to build its first AI processor. While these partnerships position OpenAI for explosive growth amid soaring AI demand, the hefty costs and ongoing need for financing risk dilute early
OpenAI is on a winning streak, closing big blockbuster deals almost every week now. The Sam Altman-run company announced another major deal with Broadcom on Monday to build its first AI processor. While these partnerships position OpenAI for explosive growth amid soaring AI demand, the hefty costs and ongoing need for financing risk dilute early
