The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as it reported figures for the first quarter. Earnings before interest and tax reached €577 million ($619 million), missing the €814 million forecast by analysts in a Bloomberg survey, amid higher costs ..read more

SBI shares had been in a consolidation zone of Rs 720-790 for almost two months now and on Thursday it gave a channel breakout with good volumes. With the Daily Relative Strength Index (RSI) on the verge of entering an extremely bullish zone, this stock can touch the Rs 850-860 zone in the short term ..read more

The state of the US economy has seized Americans' attention as the election season has intensified. Although inflation has slowed sharply, to 3.5 per cent from 9.1 per cent in 2022, prices remain well above their pre-pandemic levels ..read more

Analysis of Nifty Put options indicates a concentration of Open Interest (OI) at the 22,500 level, suggesting potential support. On the Call side, significant OI concentrations are observed at the 22,900 and 23,000 levels, nearing all-time highs ..read more

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LIC cuts stakes in 16 PSUs, profit booking seen. Portfolio value surges to Rs 14 lakh crore in 2024, up by Rs 1.6 lakh crore. Market cap of PSU stocks rises to Rs 67 lakh crore ..read more

On the options front, the maximum Call OI is placed at 22500 and then towards 22700 strikes while the maximum Put OI is placed at 22000 and then towards 22300 strikes ..read more

Vedanta's Q4 results expected to show decreased net profit and revenue. Production increases noted. Key factors include EBITDA performance, commodity prices impact, and updates on parent debt and demerger status ..read more

At a recent Google all-hands meeting, search leader Prabhakar Raghavan addressed the tech giant's evolving landscape. Donning a hoodie with the slogan "We use Math," Raghavan emphasized the need for adaptation, foreseeing challenges in maintaining ad growth. With sports metaphors and motivational calls, he stressed faster adaptation amidst increased competition and regulatory complexity, outlining plans to establish teams in key markets like India and Brazil to address these challenges ..read more

China's electric vehicle market is experiencing fierce competition as new models flood the market, leading to price reductions. Innovative approaches by companies like Hesai and Launch Design are reshaping the industry dynamics and accelerating EV development ..read more