Sensex Today Tanks 593 Points; Nifty Below 25,900
After opening the day lower, the benchmark indices continued their downward momentum and ended the session in the red.
Why Investors Are Turning Bearish On META
Meta Platforms delivered another strong quarter, but traders are focusing on what comes next. Despite beating expectations across the board, rising capital expenditures and cautious guidance triggered a sharp sentiment shift.
GBP/USD Forecast: Slides Lower Amid Cautious Fed, Mixed Market Sentiment
The GBP/USD forecast shows the pound steady amid improved sentiment and a less dovish Fed.
Weighing Regional Fed Services Surveys
The regional data sketch an economy edging toward stagflation, with rising costs and investment but weakening business conditions and employment.
Comcast Beats Earnings Estimates Despite More Broadband Subscriber Losses
Comcast reported its latest quarterly earnings.
International Business Machines Nears 52-Week High As Earnings Beat Lifts Momentum
IBM approaches its 52-week high following a revenue beat that enhances market sentiment, driven by positive technical indicators and renewed partnerships in AI services.
The Fed Raises Doubts of Further Rate Cuts
The Fed lowered its rate again as expected, but raised concerns about the pace of easing at its next meeting.
Fed’s Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 4.0%-to-4.25% range.
Eli Lilly Delivers Strong Q3 Performance, Raises Earnings Outlook
Eli Lilly’s Q3 2025 revenue jumped 54% to $17.6 billion with adjusted EPS of $7.02, prompting the company to lift its full-year guidance.
Gold Steadies As Fed Caution Tempers Rate-Cut Hopes, Trump-Xi Truce Lifts Sentiment
Gold holds firm on Thursday as traders weigh the Fed’s interest rate cut and Powell’s cautious tone.
US-China Agree To Unwind Recent Actions
The US agreed not to block subsidiaries of Chinese companies that were sanctioned and not to enforce the port fee on Chinese ships that had ostensibly triggered the tightening of China's rare earth/magnet export restrictions.
