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(Photo credit: Representational image/Unsplash)
- Asian markets saw a big fall on Wedesday
- Tokyo led the sell-off with the Nikkei down 2% by the close
- Mumbai fell another 0.5 percent on Wednesday as India battles a worrying virus surge
Netflix reported profit was up to a stunning $1.7 billion on revenue of $7.2 billion. (Photo Credit: Unsplash)
- Revenues of Netflix jumped 24% in the first quarter of this year
- Paid memberships grew less than expected to 208 million
- New subscriber additions were some two million below Netflix's forecast
Asian marks saw large amounts of sell-off on Tuesday, with Tokyo leading the way amid a COVID-19 surge in Japan. (Photo Credit: Twitter/@ANI)
- BSE index Sensex rebounded to 48,455.13
- Nifty, on the other hand, rose 150.20 points to 14,509.65
- Hongkong and Sydney dipped 0.1% and 0.3% in the morning trade
Cloud computing has become the lifeblood of IBM. (Representative Image: Unsplash)
- IBM stock rose 3.14% during electronic trading
- IBM raked in $17.7 billion in revenue in the first quarter of 2021
- However, its net profit fell from $1.18 billion to $955 million
At 9.45 am on Monday, the stock market index was at 47,443.78 points down 1,388.25 pts (2.84%). (Photo Credit: UnSplash)
- Sensex crashed 1300 points and came down to 47,494 points in early trade on Monday
- Nifty was below 14,300 on the opening bell
- Almost all stocks were in red, led by banking and finance stocks such as IndusInd Bank, Bajaj Finance, ICICI Bank, and SBI
Vinay Agarwal, former CEO of Angel Broking dies on Saturday. (Photo credit: The Live Mirror)
Vinay Agarwal, former Chief Executive Officer of Angel Broking, passed away on Saturday due to stomach cancer. Here is everything you need to know about Agarwal.
Vinay Agarwal's company announced the highest ever monthly client in March. (Photo Credit- freepress journal)
- Vinay Agarwal CEO of Angel Broking passed away on April 17, 2021
- He was the Whole Time Director as we as the CEO of the company
- In March the client base of the company was 41 lakh
Morgan Stanley fell 2.8% after disclosing a $911 million loss from the meltdown of Archegos Capital Management. (Photo Credit: Representative Image/Unsplash)
- Dow Jones Industrial Average had gained 0.5% to end at 34,201.13
- S&P 500 and Dow posted their fourth consecutive weekly gains
- Data offered hope that the inventory squeeze pushing home prices may end this year
A drop in new weekly US jobless claims to 576,000. (Representational Image: Pixabay)
- Dow jumped 0.9% to finish above 34,000 for the first time
- While the S&P 500 also closed at a fresh record
- Retail sales surged 9.8% in March compared to the prior month
The cryptocurrency exchange Coinbase made a successful Nasdaq debut. (Photo Credit: Representative Image/Unsplash)