stock analyst
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Slimming drug concept stocks fell as Roche announced positive phase 1 results for its GLP-1/GIP new drug
Viking Therapeutics fell 3.22%, Eli Lilly fell 1.4%, Amgen fell 1.34%, and Novo Nordisk fell 1.25%.
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Baidu executives interpret Q1 financial report: cloud industry price cuts have minimal impact on Baidu AI cloud business
Baidu (Nasdaq: BIDU; HKEX: 9888) today released its financial report for the first quarter of 2024 as of March 31: total revenue was 31.5 billion yuan, a year-on-year increase of 1%
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Dow Jones Industrial Average breaks through 40,000 points for first time
On the evening of the 16th, Beijing time, U.S. stocks rose slightly in early trading on Thursday. The Dow broke through the 40,000-point mark for the first time in history. The three major stock indexes all hit new intraday highs.
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Oberoi Realty climbs 9%, hits 52-week high
Shares of Oberoi Realty climbed nearly 9 per cent on Thursday’s trade. The company’s consolidated net profit for the March quarter of 2024 increased 64 per cent and announced plans to raise up to ₹4,000 crore through issuance of equity shares and non-convertible debentures.
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Stock market update: Sensex, Nifty gains nearly 1%; HAL up 10%
Mahindra & Mahindra, Tata Consumers, Bharti Airtel, LTI Mindtree and Tech Mahindra were top gainers on the NSE, while Maruti, SBI, Tata Motors, Power Grid Corporation, and BPCL were top losers on Thursday’s trade.
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SBI MF targets to attract ₹5,000-crore investment in Automotive Opportunities NFO
SBI Mutual Fund expects to mop up ₹5,000 crore through its seventh thematic new fund offer (NFO) on Automotive Opportunities, which will be open for investors till May 31.
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India’s PC market grows 2.6% in Q1 of 2024, 3.07 million units shipped: Report
India’s traditional PC market, including desktops, notebooks, and workstations shipped 3.07 million units in Q1 of FY24, registering a year-over-year (y-o-y) growth of 2.6 per cent, according to International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
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Artemis Medicare Services raises ₹330 crore from IFC; stock gains over 2%
Artemis Medicare Services Ltd. has raised ₹330 crore funding in the form of compulsorily convertible debentures (CCDs) from International Finance Corporation (IFC), a member of the World Bank Group.
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Dalio, the founder of Bridgewater Associates, warned again: There is going to be a problem in the United States!
Billionaire Dalio, the founder of hedge fund giant Bridgewater Associates, warned that the U.S. government’s rising debt levels could affect U.S. national debt, arguing that U.S. investors should move some of their funds to foreign markets.
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Dalio warns of risk of US civil war: It doesn’t have to be a war with guns
Bridgewater founder Ray Dalio warned that the U.S. government’s rising debt levels could hit U.S. Treasury bonds, and he believed investors should move some funds to foreign markets