Global Market - Angel One

In the dynamic landscape of the global economy, a select group of companies has achieved an unprecedented feat: crossing the trillion-dollar valuation mark. These financial titans not only shape industries but also wield significant influence on a global scale. Let’s delve into the remarkable journey of these trillion-dollar companies, exploring their impact and what the …

In a week marked by cautious optimism, the oil market navigates uncertainties, balancing on the precipice of OPEC+ decisions and global economic challenges. The latest Weekly Petroleum Status Report, coupled with geopolitical events, sets the stage for a nuanced analysis of the energy landscape. Current Week Overview: November 24, 2023  Production and Refinery Activity The …

On Tuesday, the Pakistan Stock Exchange (PSX) extended its upward momentum, achieving a historic milestone by surpassing 60,000 points for the very first time. The benchmark KSE-100 index surged by over 972 points, reaching 60,783 points at the time of writing this article. Historically, the Karachi 100 index has been on an upward trajectory since …

On November 21, NVIDIA announced revenue of USD 18.12 billion for the third quarter of fiscal year 2024, which ended October 29, 2023, up 206% from the previous quarter and up 34% from the previous quarter. GAAP earnings per diluted share for the quarter were USD 3.71, up more than 50% from the previous quarter …

Step into the mind of Warren Buffett as we unravel the intricacies of his Q3 investment manoeuvres. The Oracle of Omaha, known for his calculated dance with market dynamics, made strategic exits, surprising reductions, and even ventured into new territory. Berkshire Hathaway’s Portfolio Dynamics In Q3 2023, Berkshire Hathaway, led by Buffett, executed a series …

Monday saw the Nikkei 225 scaling to the point where it managed to break the barrier of the past thirty years on an intra-day basis, but it quickly reversed course and moved slightly lower as investors became wary of the index’s recent sharp gains on the intraday basis. Nikkei index is a stock market index …

The People’s Bank of China (PBOC) is the central bank of the People’s Republic of China. It is responsible for monetary policy, banking regulation, and the issuance of currency where the PBOC is situated in Beijing. LPR (Loan Prime Rate) serves as a benchmark interest rate, representing the most favourable borrowing terms extended by commercial …

November has proven to be a game-changing month for Nvidia, the tech giant that has seen its stock soar to new heights. Amidst a broader market upswing, Nvidia’s shares have been on an extraordinary winning streak, contributing to a whopping USD 220 billion surge in market value this month alone. The Unstoppable Surge: Nvidia’s stock …

Yesterday marked the deadline for institutional investors (14/11/2023) to disclose their 13F positions as of September 30. Among the notable figures in the financial world, all eyes are on Michael Burry’s Scion Asset Management. Burry’s Semiconductor Short Position: Burry’s most significant move in the third quarter was the acquisition of puts against 100,000 shares of …

WeWork, the co-working space company, has officially filed for Chapter 11 bankruptcy in New Jersey, according to a report from Bloomberg. This decision followed earlier reports, such as one from the Wall Street Journal on November 1, which had already indicated that WeWork intended to file for Chapter 11 bankruptcy in New Jersey. The repercussions …