The US central bank is increasingly confident that strength in the jobs market can be maintained with an “appropriate recalibration” of policy, said Federal Reserve Chair Jerome Powell. He added that he doesn’t believe the central bank waited too long to cut its interest rate target.
Shakti Pumps – solar shakti (power)! (18-09-2024)
Yes, its something that is already addressed by the management. At least for the next 2 quarters there is the YoY cushion for the comparison.
US rate futures imply 76 bps of cuts by end-2024 after Fed eases rates by half a point (18-09-2024)
Futures on the fed funds rate have priced in about 76 basis points of additional rate cuts by the Federal Reserve by year-end. This follows a recent decision to cut interest rates by 50 basis points, amid concerns about the U.S. labor market. Rate futures also indicate a probable 25 basis point cut in November.
Lotus Chocolate Company: A Tasty Affair (18-09-2024)
Absolute margin increases with increased prices even if the %age margin remains the same.
Gold jumps to record high after US Fed delivers 50 bps rate cut (18-09-2024)
Gold prices reached an all-time high after the U.S. Federal Reserve cut interest rates by 50 basis points, weakening the dollar. Spot gold rose to $2,592.39 per ounce, while U.S. gold futures settled at $2,598.60. Investors are now awaiting comments from Fed Chair Jerome Powell for further policy direction.
Nazara Technologies (18-09-2024)
They’ve not had a hit game. Ask people around, esp teens if they’ve heard of and played any Nazara published games.
Ad tech sounds fancy, and it can be but here it can be simplified to sales. It’s just been a bad two years for everyone.
Disclosure: was invested, also consultant to a subsidiary.
Dow rises over 100 points to hit record after Fed delivers super-sized 50 bps cut (18-09-2024)
US stocks surged after the Federal Reserve cut interest rates by half a percentage point, ending its rate-hiking cycle. The Fed reduced its overnight lending rate to a range of 4.75%–5%. Wall Street responded positively, with the Dow Jones climbing 120 points and both the S&P 500 and Nasdaq Composite reaching new all-time highs.
Shakti Pumps – solar shakti (power)! (18-09-2024)
Due to monsoons, it is normal that execution is slower. Beating qoq should not be an expectation in any case. Management guided for 500cr quarter and 30% growth for the FY. So if one starts expecting more than that, then it is your own fault.
Lotus Chocolate Company: A Tasty Affair (18-09-2024)
How will increasing prices of chocolate benefit Lotus? Still can’t understand. Even if they are able to pass on the prices, how does that imply that Lotus will be benefitted?