Illinois had at least 103 outbreaks of the stomach bug norovirus in November and December a dramatic increase from previous years, according to the Illinois Department of Public Health.
President Donald Trump's order to rename the Gulf of Mexico to the Gulf of America and Mt. Denali to Mt. McKinley has sparked controversy and mixed reactions. Mapmakers, politicians, and social media users are debating the implications and practicality of these changes.
As far as some of the other counters are concerned, we are seeing a bit of a short covering rally except for example something like a KPIT Tech is bouncing back.
President Putin is increasingly worried about economic distortions in Russia's wartime economy, while Trump aims to end the Ukraine conflict. Economic strains include labour shortages and high inflation driven by military spending, fostering a view within Russia's elite that a negotiated settlement is needed.
Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal rise in revenue. Investor sentiment was buoyed by robust deal momentum, including $3.5 billion in contracts. Technical indicators suggest a bullish trend, with Wipro benefiting from global tech rallies and sectoral optimism.
Zensar Technologies shares surged nearly 10% after reporting strong Q3FY25 results, with a 10.1% YoY revenue growth to Rs 1,325.6 crore. However, profitability declined 2.7% YoY to Rs 159.8 crore. Operating revenue grew 8.6% YoY, with a PAT margin of 12%. The stock has gained 53.5% over the past year.
Now as far as the cyclical factors are concerned, which today are visible in some of the segments, maybe due to food inflation, maybe due to the commodity inflation, so that will go away, maybe you can say 3Q was the worst, 4Q might show a little bit better numbers than 3Q.
President Donald Trump minimized the national security risks of TikTok, days after giving the app a chance to avoid shutdown. He suggested that other electronic products made in China might be a bigger threat. Despite concerns, Trump has credited TikTok for improving his standing among young voters and extended the ban by 75 days.
Retail investors have increased their stakes in certain smallcap stocks during the December quarter despite market corrections. Notable performers include Kitex Garments, V2 Retail, and Indraprastha Medical, which have doubled investor wealth in six months. However, experts advise caution given the inherent risks in smallcap investments.
