Indexes had very nice action in the back half of the week and Friday’s 0.41% gain for the S&P 500 and 0.75% rally in the NASDAQ only added to that theme. Greek Prime Minister Alexis Tsipras agreed to meet with representatives from the European Union, the European Central Bank and the International Monetary Fund, ahead of Monday’s key Eurogroup meeting […]
Benchmarks ended Wednesday’s choppy session almost unchanged as uncertainty regarding bailout negotiations between Greece and its creditors dented investor sentiment. Moreover, renewed worries about the Russia-Ukraine crisis also dampened investor sentiment. Meanwhile, another decline in oil prices following rise in crude inventories dragged down energy shares. However, encouraging earnings results including those from Pepsico and Mondelez limited losses yesterday.For a […]
Benchmarks rebounded on Tuesday after registering losses in the last two sessions as easing concerns about Greece’s debt negotiations boosted investor confidence. Moreover, encouraging earnings results from Coca-Cola and impressive performance of Apple also helped markets post solid gains. However, slump in oil prices eroded some of the day’s gains. The S&P 500 reached its highest level in 2015 till […]
Benchmarks ended in the red zone on Tuesday as reignited political turmoil in Greece continued to weigh on investor mood amidst low trading volume. Moreover, disappointing home price data also dented investor sentiment. The benchmarks witnessed their 12th lightest trade volume this year on Tuesday. The Dow finished below the 18k mark for the first time after crossing the same […]
Bianco said he expects the decline in oil to bite into corporate profits next year.”The combination of a strong dollar and a plunge in oil prices—these things are the hallmarks of a profit recession even if the economy is doing fine,” he said. “You can argue this pain is isolated to multinationals and the producers exposed to the industry. … […]
New deals, upbeat homebuilder confidence data and easing tensions between Russia and Ukraine handed markets strong gains on Monday. Meanwhile, investors waited for what Janet Yellen and Mario Draghi have to say at Jackson Hole, Wyo on Friday. The S&P 500 is now 1% away from its record high and Nasdaq closed above 4,500 points for the first time in […]
When Australian activists conducted a spoof solar energy installation assessment for their climate change-doubting Prime Minister Tony Abbot’s residence (“The Lodge”) last month, the intent may have been satirical, but the software they used is anything but. In fact, virtually simulating solar energy installations from afar has quietly become a commonplace in the solar industry, which is rapidly embracing big […]
Analysis of People’s perception on Narendra Modi’s visit to BRICS 2014Prime Minister Narendra Modi, who attended the BRICS summit 2014 in Brazil, addressed the leaders of the five-nation grouping and stressed on the fact that it should be driven by people-to-people contact led by the youth of the five nations.Prime Minister Narendra Modi in his maiden visit to the BRICS […]
Benchmarks ended in the red on Tuesday following a late selloff primarily due to mounting tension in Iraq. The blue-chip index suffered its biggest drop in over a month. The S&P 500 settled in negative territory after touching an intra-day all time high of 1968.17. The day’s initial gains, largely a result of encouraging home sales data and an improvement […]
What is ‘big data’?Data is everywhere. It affects what you eat and how you drive; it powers our towns and shapes our economy. And one day it may help keep you alive.And as computers have got more powerful and sophisticated, we can now combine huge amounts of data together to generate even deeper insights about the world around us.Welcome to […]
