Stocks Published: Friday, July 17, 2026, 17:40 [IST] This weekend will be a power packed line-up for financial sector giants as private banks like HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank will announce their first quarter result for the financial year 2026-27 on Saturday, July 18. Investors and market participants will closely […]
Crypto payments have come a long way from being viewed as a niche option for digital asset enthusiasts. Today, businesses across industries are beginning to evaluate how cryptocurrencies can fit into their payment strategies. Yet despite growing interest, widespread merchant adoption remains slower than many expected. Speaking with Finance Magnates Editor-in-Chief Yam Yehoshua at iFX […]
Processing Content Key insight: Citizens Financial Group plans to shut down credit facilities for a pair of clients, CoreCivic and The Geo Group, two of the largest private-prison operators in the country. What’s at stake: The move comes amid growing pressure by activist groups and communities that have called on Citizens to break ties with […]
Ending the week on a bullish note, AST SpaceMobile (ASTS +5.25%) stock closed higher today after an analyst provided an optimistic outlook. Shares of AST SpaceMobile, a developer of a space-based cellular broadband service, had fallen 10.6% from the end of trading last Friday through yesterday’s close. Today, however, shares of AST SpaceMobile closed up […]
Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor overseeing $158.2 billion in client assets, has brought on the investment advisory business of Raleigh, N.C.-area WealthShield Partners and its affiliated wealth management practice, Madison Oaks Wealth Partners, which together managed more than $993 million in assets. WealthShield Partners is led by Managing Partner Robert Leggett, while […]
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SpaceX employees go to work at the SpaceX facility in Hawthorne, California, on the day of their company’s initial public offering, June 12, 2026. Mike Blake | Reuters SpaceX stock has posted losses in nine of the last 10 trading days, and as of Friday’s close, had plummeted nearly 23% since the company was added […]
Dearness Allowance (DA) is a percentage of employees’ and pensioners’ basic salaries that aims to mitigate the impact of rising living costs for central government employees and retired pensioners, providing a buffer against inflationary pressures. Updated biannually using data from the All-India Consumer Price Index (AICPI), new announcements are made in March and October, with […]
The rich have always wanted to own a team, and it seems like lately, they’ve been lining up to do it. Steve Ballmer walked away from Microsoft’s C-suite and into the Clippers, pouring more than $4 billion into the team and its new arena. Mark Walter closed a record $10 billion purchase of the Lakers […]
Here is an interesting chart from Luke Kawa. It shows monthly returns of Goldman Sachs’ basket of retail favorite stocks. It’s down 12% this month through yesterday, which would make it the worst month since April 2022. Note that the bad and good months tend to cluster as momentum takes over. There were a couple […]