UNCOVERED: 5 | History Defined

Airtel prepaid plan tweaks: Brokerages estimate per-user revenue lifts ranging from Rs 4 to Rs 12

Bharti Airtel has withdrawn select prepaid plans, prompting customer upgrades. This move is expected to increase average revenue per user by Rs 4 to Rs 12. Brokerages view this as targeted plan rationalization for premiumization. Subscribers of the Rs 299 plan may now opt for pricier alternatives. The telco aims…

The Economic Times · Aug 16

Progressive Stock: Analyst Estimates & Ratings

While Progressive stock has underperformed the broader market over the past year, Wall Street remains optimistic about the stock.

Barchart · Aug 14

Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday

Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.

The Economic Times · Aug 14

Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there

Two decades after his application to the bank, OpenAI is recruiting Wall Street veterans and teaching AI to do the work of junior bankers.

Fortune · Aug 12

Shein's slowing growth tests investor appetite ahead of Hong Kong IPO

Shein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with rising costs and evolving market dynamics that challenge its established business model. Concerns are mounting regarding whether Shein can replicate its previous growth trajectory that initially drew investor interest.

The Economic Times · Aug 12

Bank of America to deploy $250 billion for US digital, infrastructure projects

Bank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastructure development. The bank's financing will also cover core infrastructure like transportation systems. This move follows Morgan Stanley's similar commitment to technology and infrastructure. These investments aim to boost economic growth…

The Economic Times · Aug 12

MCX shares rise 2% as JPMorgan upgrades, raises target price after this Sebi proposal

Shares of Multi Commodity Exchange (MCX) rose more than 2% after Sebi proposed widening foreign portfolio investors’ access to physically settled non-agricultural commodity derivatives. JPMorgan upgraded MCX to ‘Overweight ’, and Jefferies retained a ‘Buy’ rating, citing the potential for higher trading volumes and earnings.

The Economic Times · Aug 12

Manappuram Finance shares jump 3% after Q1 profit soars 4x. Why Jefferies, Morgan Stanley raised target prices

Manappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold to Rs 585 crore. Jefferies raised its target price to Rs 430, citing better NII and lower provisions, while Morgan Stanley also raised its target. CLSA retained a Hold rating, with a Rs 350 target…

The Economic Times · Aug 12

The AI Boom Is Making Memory Chips Much More Expensive, Impacting Laptop And Smartphone Prices

Surging AI demand is driving up memory chip prices and squeezing supplies available to consumer electronics makers. Morgan Stanley expects the crunch to push PC and smartphone inflation significantly higher.

International Business Times · Aug 11

'Hawkish' RBA open to more hikes after holding rates

Borrowers are on notice with the Reserve Bank signalling it won't shy away from raising interest rates if inflation comes in higher than forecast.

AAP · Aug 10