Varanasi Wealth Management:Nvidia stock slips even after earnings top estimates and demand for AI chips surges
Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the…
Read MoreNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the…
Read MoreWarren Buffett has managed the Berkshire Hathaway investment company since 1965. Over that 59-year stretch,…
Read MoreAir India has launched its new daily, non-stop flights between Delhi and Kuala Lumpur. The…
Read MoreToday, Challenger Life, Australia’s largest provider of annuities, announced a new market-linked lifetime annuity that…
Read MoreCheck the background of your financial professional on FINRA’s BrokerCheck. Copyright 2024 BFG Financial AdvisorsGuoabong…
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Read MoreIndia has under 2% of the world’s $1 trillion worth of compute infrastructure, which is…
Read MoreWe believe that entrepreneurs are the lifeblood of the economy, and we are committed to…
Read MoreBefore investing in securities, consider your investment objective, level of experience and risk appetite carefullyKanpur…
Read MoreBankinggiantCreditSuisselostnearlyafourthofitsvalueWednesday,amidthegrowingfalloutfromthecollapseoftworegionalbanksintheUnitedStates. WednesdaymarkedthesecondtimeinthreetradingsessionssincethecollapseofCalifornia’sSiliconValleyBank(SVB),andthesubsequentfailureofSignatureBankfromNewYork,thatEuropeanfinancialstockswereseverelybattered. Nevertheless,thedramaticimpactonCreditSuisseintradingWednesdaywaslargelyunexpected,sincetheinstitutionissolarge. Accordingto2022datafromInsiderIntelligence,CreditSuissewasthesecond-largestbankinSwitzerlandandthe17th-largestinEurope,withanestimated730billioneuros(772billionU.S.dollars)inassetsundercontrol.Varanasi Investment TheSwissinstitutionsawitssharepriceplummetby24percentintradingWednesday,endingthedayat1.7Swissfrancsinheavytrading.Earlierinthesessionthesharesweredownbymorethan30percent.Pune Investment Wednesday’sfallwasthetenthconsecutivelosingsessionforthecompany’sshares.Theyhavelostnearly40percentoftheirvaluesinceMarch3,whensharestradedat2.78Swissfrancs. ThelatestdevelopmentshavealsoincreasedvolatilityfortheSwissfranccomparedtotheeuro,theU.S.dollar,andotherleadingcurrencies. StockexchangesacrossEuropewerealsoimpactedbyWednesday’slosses.Jaipur Investment TheDAXblue-chipindexonGermany’sFrankfurtStockExchangefellby3.3percent;inParis,theCAC-40indexfellby3.6percent;sharesslipped4.6percentinMilan;inMadridtheyweredownby4.3percent;andinAmsterdamby2.9percent.New Delhi Stock Exchange…
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