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Could Kamala Harris beat Donald Trump in November's presidential race?
Top Democrats suggest that Vice President Kamala Harris could be a strong Democratic candidate in the 2024 election, potentially succeeding President Joe Biden if he steps aside. Harris faces scrutiny and comparisons to Biden's chances against Donald Trump, with polls showing varying results. While some influential Democrats support Harris, concerns remain about her appeal to certain voter demographics and her ability to raise campaign funds.
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Tesla shares rally over 10% as quarterly deliveries beat estimates
Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand.
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Tesla's Q2 deliveries beat estimates on price cuts, incentives
Tesla's delivery drop in Q2 was mitigated by incentives driving demand. Shares rose in premarket trading despite margin pressures. The company delivered various models, including the Model 3 and Model S sedan. Tesla adapted its strategy with discounts globally, aiming to recover from the sales decline and adjust annual growth targets.
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Cricket fans 'hopeful that India will win T20 WC 2024' after beating South Africa
Cricket fans are hopeful that Rohit Sharma-led India will win the T20 World Cup 2024. India will take on South Africa in the final match of the T20 World Cup 2024 at the Kensington Oval in Barbados on Saturday.
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Stocks to buy: Bet on stocks that regularly beat analyst estimates; 5 stocks with double-digit upside
Stocks to buy: Out of 304 companies, where estimates are compiled by a minimum of three analysts through Reuters-Refinitiv, 50 stocks have consistently surpassed analysts’ net profit estimates in all four quarters of 2023-24. This group of 50 stocks has delivered an average return of 72.4% over the past year, compared to the BSE 500 index’s 38% return over the same period. This data is based on closing values as of 18 June. The article explores the five companies that have been covered by a significant number of analysts and currently offer double-digit share price potential.
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Consistent winners! 9 multibaggers boast of 25% profit margins for four consecutive quarters
India Inc ended FY24 on a strong note with 9 companies maintaining profit margins above 25%, including Motilal Oswal, Tata Investment, and Hindustan Zinc.
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2024 US Presidential Election: Should Joe Biden drop out, is he not capable of beating Donald Trump? Details here
Donald Trump may be caught in the hush money case and awaiting the sentence, pollsters feel that he has a better chance to win the 2024 US Presidential Election and Joe Biden is not capable of beating him at the hustings.
China's exports grow 7.6 per cent in May, beating expectations despite trade tensions
Exports rose due to a lower base from last year, with a trade surplus widening to USD 82.62 billion in May.
Asaduddin Owaisi, a powerful voice of Muslims in country, beats BJP rival Madhavi Latha by huge margin
Asaduddin Owaisi, a powerful voice for Muslims, won the Hyderabad Lok Sabha constituency by a large margin against BJP's Madhavi Latha, showcasing AIMIM's influence in the old city.
At 5.6% of GDP, FY24 fiscal gap beats target
In absolute terms, the FY24 fiscal deficit stood at ?16.54 lakh crore, down from the revised estimate of ?17.35 lakh crore and FY23 level of ?17.38 lakh crore, showed the official data released on Friday. A lower-than-anticipated deficit in FY24 and a generous surplus transfer by RBI earlier this month make the government's goal of reining in fiscal gap at 5.1% of GDP in FY25 seem more realistic now, experts said.
Beat stock market volatility with Sharpe ratio: 8 stocks with up to 37% upside potential
Stocks that have delivered good risk-adjusted returns can effectively manage the rising market uncertainty.
ZEE Entertainment shares rally 5% after Q4 results. Should you buy, sell or hold?
ZEE Share Price: ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.
SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year
SBI and Godrej Consumer are top buys post Q4 results, led by BFSI and Auto sectors. Nifty stocks show growth, while Tier-1 IT companies face challenges. Business and credit growth outlook positive for SBI.
Tata Motors Q4 Results: Cons PAT jumps 46% YoY to Rs 17,529 crore, beats estimates
Tata Motors Q4 Results: The company reported a net profit of Rs 12,033 crore in the year-ago period. The revenue for the quarter under review stood at Rs 1.20 lakh crore which was a 13.3% YoY jump.
Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25
Tata Motors anticipates achieving net automotive debt-free status in FY25 following record revenue, profits, and free cash flows. Its Indian business is debt-free. Despite caution regarding domestic demand in the first half, Tata Motors said it remains optimistic, particularly about the premium luxury segment, aiming for a robust performance in FY25.
European shares open higher on earnings-driven optimism
The pan-European STOXX 600 was up 0.3%, as of 0720 GMT, to its highest levels in more than one month
Q4 earnings review: BFSI, auto lead YoY PAT beat for Nifty companies; IT, consumption top drags
Dalal Street's Q1 earnings season sees Nifty constituents with 24% YoY profit growth, varying estimates from brokerages: ICICI Securities reports 44%, Kotak Institutional Equities 14%, and Motilal Oswal 13%.
Q1 and Q2 will see close to double-digit volume growth for Britannia: Abneesh Roy
Abneesh Roy from Nuvama Institutional Equities discusses Britannia's positive growth outlook despite local competition and tech disruption, while also reflecting on challenges faced by Titan in the jewelry segment and eyewear business.
8 defence stocks beat benchmark by wide margin, soar up to 267% in a year
Defence stocks outperformed the Nifty 50 in the past one year by huge margins owing to an uptick in new orders. From the pack Zen Technologies, and Mazagon Dock Shipbuilders have soared over 200%, while HAL, Astra Microwave Products, and Bharat Electronics also became multibaggers (Source: Trendlyne)
Apple unveils record $110 billion buyback as results beat low expectations
Apple's quarterly results beat expectations with a record share buyback program and increased cash dividend. The $110 billion stock buyback is the largest in the company's history. CEO Tim Cook foresees revenue growth.
FMCG redux: Abneesh Roy on Nestle, HUL and Hatsun Agro results
Abneesh Roy discusses the impact of milk softness, margin expansion at Hatsun Agro, and cereal inflation in India. Despite global cost dependencies, strong pricing power persists amidst inflation concerns, offering a positive outlook for the future.
Spotify's monthly user numbers miss estimates on lower promotions
First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current-quarter MAUs at 631 million, missing estimates of 636.3 million, according to IBES data from LSEG.
Reliance Industries: Lower capex spend likely to improve return ratios
Net profit attributable to the company, India's biggest by value, retreated marginally to Rs 18,951 crore. Analysts expected the country's biggest refiner, telco and retailer to report a bottom-line just shy of Rs 18,000 crore, translating into a decline in excess of 5%.
Will be focusing on top line as well as VNB growth: Vibha Padalkar, HDFC Life
What we will have is, again, a balanced product mix. Unit link will stay range bound around this, either between a fourth to a third of our business.
How China beat the US in the great EV race
US lags behind China in EV market despite initial advantage. China's strategic policies and dominance in battery tech contribute to its success. Differences in intent and systems shape each country's approach to vehicle electrification.
Zoom beats estimates on strong product demand, announces share buyback
The video-conferencing provider's fourth-quarter results indicate Zoom's attempts to integrate AI into its products and diversify its portfolio have paid off, as it takes advantage of a surge in hybrid working.
Nokia Q4 operating profit down 27%, beats forecast on margin boost
Finnish telecom equipment supplier Nokia on Thursday reported a 27% drop in fourth-quarter operating profit, hurt by lower demand for 5G gear across North America and a slowdown in markets such as India, but still beat expectations.
In next 3-4 quarters, falling attrition may spring big surprise in IT cos’ margins: Sandip Agarwal
Sandip Agarwal says: “This quarter, the IT companies will show a slight beat in margin. In the next quarter, thereshould be a bigger beat in margin followed by even further better margins in the first half of FY25. We will have good margins to start with followed by good revenue growth.”
Equities beat others by a wide margin in alpha
Investment advisors said fixed income must not be compared with equities or gold but must be used as part of asset allocation to temper the portfolio volatility emanating from riskier asset classes.
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