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AMD plummets 8% in premarket trading despite beating expectations
AMD‘s stock plunged on Wednesday despite posting earnings that beat expectations, as investor enthusiasm for the Nvidia challenger waned. The stock was last down 8.7% in premarket trading. The market jitters come despite AMD revenue climbing 50% to $11.54 billion in the second quarter, ahead of analyst expectations of $11.28 billion, in a sign of…
SBI shares on gaining spree; hit record high
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
Alternative lenders warn against one-size-fits-all non-bank regulation
As regulators increase their scrutiny of non-bank lenders, Canada’s alternative lenders are looking to ensure borrowers, brokers and especially regulators understand their distinction from private lenders. Dan Nguyen, Executive Director, CAMLA The Canadian Alternative Mortgage Lenders Association (CAMLA) laid out those differences in a recently published position paper intended to clear any confusion. “Our alternative…
The national debt just hit $40 trillion. Here’s how it can hurt Americans.
A research group looked at the consequences for a student financing college, a family buying a home and a Social Security recipient.
Coffee Prices Soar on Supply Concerns
September arabica coffee (KCU26) is up +11.80 (+3.49 %) today, and September ICE robusta coffee (RMU26) is up +95 (+2.62%). Coffee prices are sharply higher today, with arabica soaring to a 6-week high amid the slow pace of Brazil’s coffee harvest. Safras & Mercado reported last Friday that the Brazil 2026/27 coffee harvest was 90%…
ITR filing now shapes your financial identity: 6 key benefits beyond tax compliance every taxpayer should know
For decades, taxpayers have viewed Income Tax Returns (ITR) filing as a difficult-to-handle compliance process. Something that requires completion before the deadline to avoid penalties, legal complications and fines. Still, tax experts now believe this perception is changing rapidly due to increased awareness and technological advances. In today’s increasingly digital financial ecosystem, an ITR has…
