DATA SHOWS
Jobs, inflation data may break the US Treasury market out of narrow range
Bond market trends are closely tied to Powell's testimony, economic indicators, and Treasury yield movements. Factors like the recent Australia inflation rebound, central bank actions, and insights from Macquarie Group are key considerations for investors navigating market uncertainties.
Fed gets heartening inflation data, but slow road ahead
The US Federal Reserve has received encouraging data suggesting inflation is cooling, which has eased concerns about the effectiveness of monetary policy. However, the road to the Fed's 2% inflation goal, measured in year-over-year terms, is likely to be long, complicating discussions about when to cut interest rates.
Gold prices heads for quarterly rise; spotlight on inflation data
In the world of gold investment, tracking prices, inflation data, and the Federal Reserve's stance is key. Market dynamics shift based on factors like GDP estimates, equipment spending, and spot silver prices. Understanding these nuances is crucial for making informed investment decisions in a constantly evolving economic environment.
Nvidia short sellers make $5 billion from three-day selloff, data shows
Short sellers have profited significantly from Nvidia's recent decline, with gains peaking at $2.40 billion in a single day, showcasing the impact of market dynamics on the AI chip designer's stock.
India and China top buyers of Russian fuel oil in May, LSEG data shows
In May, Russian seaborne fuel oil and VGO exports peaked at 4 million metric tons, with India and China as top destinations. The surge followed the European Union's embargo on Russian oil products, redirecting supplies to Asia. Notably, ship-to-ship loadings near Greece and Malta facilitated the transfer of cargoes destined for Asia.
Bengaluru emerges as a hub for machine learning engineers
Vacancies for machine learning (ML) engineers more than doubled in Bengaluru, underscoring the city's status as a hub for advanced technology roles. HR generalists surged by 53%, and operations managers by 45%.
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Netflix's 'Too Hot To Handle' season 6 release date: When to watch new season
Netflix's "Too Hot To Handle" season 6 will be released on OTT streaming platform. We have premier details.
Gold prices eye second weekly gain on boosted rate cut bets
Gold prices steadied as investors awaited retail sales data and interest rate changes amid economic uncertainties.
TRADERS’ CORNER: A railway stock gets ready for an 11% upmove, while a defence stock is not behind with 9% swing trade
All the old boys are back into momentum territory
'Punjabi aa gaye oye': Diljit Dosanjh shares sneak peek ahead of highly-awaited appearance on Jimmy Fallon's show
Diljit Dosanjh Jimmy Fallon: As anticipation builds for Diljit Dosanjh's upcoming appearance on 'The Tonight Show With Jimmy Fallon', the beloved actor-singer has shared a glimpse from the show's set on his social media platforms. Taking to his Instagram account, he posted a video showcasing his busy preparations with his team ahead of the show.
A report shows, India's non-cash payments on ecommerce platforms surge to 58.1% from 20.4% six years ago
India has seen the fastest jump in alternative payment share for ecommerce payments in the Asia Pacific region from 20.4% in 2018 to 58.1% in 2023 says a report by GlobalData, a data and analytics company. The report showed that such alternative payments are already popular in countries like China and India and are gaining traction in other APAC markets.
India's trade deficit in May widens to $23.78 billion; exports rise 9%
India's trade deficit widened to $23.78 billion, falling short of economists' $19.5 billion projection, per a Reuters poll. May saw a 9% increase in merchandise exports to $38.13 billion, driven by engineering goods, commercial vehicles, and smartphones. Merchandise imports surged by 7.7% year-on-year to $61.91 billion. Analysts expect exports to rebound, aided by global trade recovery, manufacturing incentives, and domestic inflation easing.
Graphic India's animated shows grab top spot on Disney+ Hotstar
Graphic India's animated shows, The Legend of Hanuman and Baahubali: Crown of Blood, have achieved top positions on Disney+ Hotstar's rankings in India. The milestone marks a groundbreaking success for Indian animation. Creator Sharad Devarajan aims to showcase Indian talent and stories globally. Graphic India plans to expand into theatrical animation, including an upcoming project with Neil Gaiman.
Diljit Dosanjh invited as a guest to ‘The Tonight Show Starring Jimmy Fallon’.
Dosanjh is no stranger to making history. The 'Love Ya' hitmaker recently became the first Punjabi artist to perform a live concert at Vancouver's BC Place stadium in April.
Pentagon reveals SHOCKING data: US soldiers show more probability of dying by suicide than in combat
A recent data published by the US Defense Health Agency, United States soldiers have a higher likeliness of dying by suicide than on the battlefield. The detailed study has sent shockwaves among the defense fraternity and even civilians.
Why do we make poor investment decisions and how to avoid them
Investing has come to mean a flurry of activity. One must go about acting with assumed expertise, buying, selling, booking profits, revising and reworking. Keeping it simple and staid over the long term is boring in comparison. Poor investment decisionmaking is here to stay. We will crib about outcomes for a while, and then go back to doing the same things.
Career starters show high interest in analytics, design and programming: LinkedIn data
Fresh graduates find jobs in design, analytics, and programming through LinkedIn. Roles like software engineer, systems engineer, and design engineer are in demand. Growth also seen in non-tech roles like community services, legal, marketing, and education.
US job openings fall more than expected in April
US job openings fell in April to the lowest level in over three years, signaling softening labor market conditions that could aid the Federal Reserve's inflation fight.
AMD launches new AI chips to take on leader Nvidia
Advanced Micro Devices unveiled the MI325X accelerator at Computex, aiming to challenge Nvidia with new AI chips by 2026.
Nvidia CEO announces next-gen Rubin AI platform for 2026
The company - now best known for its artificial intelligence data center systems - also introduced new tools and software models on the eve of the Computex trade show in Taiwan. Nvidia sees the rise of generative AI as a new industrial revolution and expects to play a major role, the CEO said in a keynote address at National Taiwan University.
Apple's iPhone sales in China jump 52% in April, data shows
Apple's iPhone sales in China surged 52% in April compared to the previous year, rebounding from earlier weak performance amid high-end market competition from Huawei. March saw a 12% increase following a 37% sales slump in early 2024. Overall smartphone sales in China rose 25.5% to 22.7 million units in April.
Can leaders show profitability and sustainability together?
SAP conducted a sustainability study revealing 86% of Indian organizations see a link between sustainability and profitability. Manish Prasad emphasizes sustainability's importance for business success.
"We will reveal this one day and show how people are misled": CEC Rajiv on SC's verdict on voter turnout data
Kumar commited to addressing concerns about the integrity of the electoral process and stated, "What's the play here, why are doubts created, and why are suspicions raised, we will reveal all of this one day and show everyone how people are misled. How doubts arise in people's minds that maybe the EVMs are not working properly, maybe the voting list is incorrect, or maybe the voting numbers have been manipulated. The Supreme Court has given its answer yesterday, but we will also give our answer, and we will definitely give it."
India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April, LSEG data shows
Crude oil Import: In April, India and Egypt were key destinations for Russian seaborne fuel oil and vacuum gasoil exports, with a total 10% decrease in exports due to maintenance and outages. The EU's embargo redirected Russian exports to Asia. Shipments to India rose while those to China decreased. Egypt saw increased fuel oil supplies for power generation.
EPFO created 11.4% more formal jobs in 2023-24 at 15.4 million, shows payroll data
The provisional payroll data, released by the ministry of labour and employment on Monday, shows 1.44 million net members were added to EPFO in March, 2024 vis-a-vis 1.54 million added in February out of which 0.74 million were new members.
From cricketer to host: Shikhar Dhawan’s ‘Dhawan Karenge’ launches on JioCinema
Shikhar Dhawan hosts 'Dhawan Karenge' on JioCinema Premium, engaging with guests like Akshay Kumar, Harbhajan Singh, Taapsee Pannu, Bhuvan Bam, and Rishabh Pant. Dhawan has seen sidelined for much part of IPL 2024 due to an injury.
Hot history: Tree rings show that last northern summer was the warmest since year 1
When the temperatures spiked last year, numerous weather agencies said it was the hottest month, summer and year on record. But those records only go back to 1850 at best because it's based on thermometers. Now scientists can go back to the modern western calendar's year 1, when the Bible says Jesus of Nazareth walked the Earth, but have found no hotter northern summer than last year's.
India's services sector shows strongest growth rates in around 14 years: PMI data
In April, India's services sector saw a slight moderation, but maintained strength due to robust domestic and international demand, boosting business confidence to a three-month high. Despite a dip in the HSBC Services PMI to 60.8 from March's 61.2, it remained among the fastest growth rates in nearly 14 years.
Apple's Q1 smartphone shipments in China tumble 19%, data shows
Apple's China smartphone shipments declined 19% in Q1, losing market share to Huawei. Huawei's Pura 70 series launch impacted Apple. U.S. Commerce Secretary Raimondo commented on Huawei's chip technology."}
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