US stock news
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Bank Negara Malaysia: Keep interest rates unchanged at 3%
Gelonghui, May 9 | Bank Negara Malaysia announced that it will continue to maintain the benchmark interest rate unchanged at 3%, in line with market expectations
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Stocks that will see action today 9 May, 2024
State-owned NBCC has bagged contracts worth ₹450 crore in Chhattisgarh and Kerala. The project management consultancy and real estate company said it has got ₹450 crore worth of contracts from the Court Receiver of the Supreme Court of India, and a ₹250-crore contract in Amrapali Vananchal City, Bhilai district, Chhattisgarh.
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Ahmedabad’s Energy Mission Machineries aims to raise ₹41. cr via SME public offering
Energy Mission Machineries (India) Ltd, an Ahmedabad-based company dealing in designing and manufacturing a diverse range of sheet metal machinery, is planning to raise up to ₹41.15 crore from its SME public issue.
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SoftBank is reportedly in talks to acquire British artificial intelligence chip company Graphcore
According to people familiar with the matter, SoftBank Group is negotiating to acquire British semiconductor startup Graphcore, which was once valued at US$2.8 billion.
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FTX: Almost all customers can get their funds back
Nearly all customers of bankrupt cryptocurrency exchange FTX will be able to get their funds back and more, according to a court filing
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Finance Minister rebuts Rahul Gandhi, highlights HAL’s 1,370% market value surge
Finance Minister Nirmala Sitharaman on Wednesday said that the market valuation of Hindustan Aeronautics has surged over 1,300 per cent. She also said that post-disinvestment erstwhile Central Public Sector Enterprises (CPSEs) are doing well.
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Nifty likely to see flat-to-positive opening
Domestic markets are expected to remain nervous at the opening due to the Q4 result season and ongoing general election process. The climbing volatility index indicates that traders would prefer profit-taking amidst global and domestic uncertainties.
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LatentView reports 32 per cent increase in Q4 PAT
LatentView Analytics, the Chennai-based data analytics, consulting and solutions firm, reported a 32 per cent increase in net profit to ₹45 crore for the fourth quarter ended March 31, 2024, as against ₹34 crore in the corresponding quarter last year. Revenue was up 20 per cent to ₹172 crore (₹141 crore).
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Apple reportedly developing data center AI chips
Apple has been developing a self-developed chip to run artificial intelligence tools in data centers, but it is unclear whether the chip will be put into use, according to people familiar with the matter.
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The craziest non-agricultural day of the year is coming!
Reprinted from: Golden Ten Data The options market is betting that the U.S. stock market will fluctuate sharply after the release of the U.S. non-farm payrolls report on Friday.