Stocks will get a boost if the Fed is able to cut interest rates by 50 bps without spurring growth fears, Morgan Stanley says. The Fed will convene it’s two-day Federal Open Market Committee meeting on Tuesday, with its rate decision to come on Wednesday at 2 p.m. Bajaj Housing Finance shares are expected to list at a premium of 108% over the IPO price of ₹70 apiece, with m-cap seen doubling from ₹58,300 crore at the time of the issue.
The record date, or T date, is when a company determines, which shareholders qualify for a bonus issue. Currently, bonus shares are available about a week after the record date, leading to timeline inconsistencies. Starting October 1, 2024, investors can trade bonus shares just two days after the record date, as per SEBI’s latest circular.
As the number moves toward the ceiling of 21 million, many expect the profits miners once made from the creation of new blocks to become so low that they will become negligible. But as more bitcoins enter circulation, transaction fees could rise and offset this. Every four years, the number of Bitcoins released in relation to the previous cycle gets reduced by 50%, along with the reward to crypto news miners for discovering new blocks. Therefore, the total number of Bitcoins in circulation will approach 21 million but never actually reach that figure. The downside here is that a hack or cyberattack could be a disaster because it could erase Bitcoin wallets with little hope of getting the value back. Bitcoin, Litecoin, Ethereum, and other cryptocurrencies don’t just fall out of the sky.
Get the latest news about changes in the market of major digital currencies, such as Bitcoin, Ethereum, Ripple or Litecoin, among others. Miners solve complex mathematical problems, and the reward is more Bitcoins generated and awarded to them. Miners also verify transactions and prevent fraud, so more miners equals faster, more reliable, and more secure transactions. Essentially, it’s a shared database populated with entries that must be confirmed and encrypted. Think of it as a kind of highly encrypted and verified shared Google Document, in which each entry in the sheet depends on a logical relationship to all its predecessors. Blockchain tech offers a way to securely and efficiently create a tamper-proof log of sensitive activity (anything from international money transfers to shareholder records).
Cryptocurrencies are essentially just digital money, digital tools of exchange that use cryptography and the aforementioned blockchain technology to facilitate secure and anonymous transactions. There had been several iterations of cryptocurrency over the years, but Bitcoin truly thrust cryptocurrencies forward in the late 2000s. There are thousands of cryptocurrencies floating out on the market now, but Bitcoin is far and away the most popular. A bonus issue grants existing shareholders extra shares at no cost, increasing the share count but keeping the investment value unchanged.
When evaluating the package, it’s clear that the Texans look like the early winner of the trade by a wide margin. The Browns entered the 2024 season with an 8-4 record in Watson’s starts, but he completed just 59.8 percent of his passes for 2,217 yards, 14 touchdowns and nine interceptions in those contests. That gave him a passer rating of just 81.4 and a below-average QBR of 40.4. The Cleveland Browns thought they had solved their decades-long starting quarterback problem in 2022 when they traded for Houston Texans quarterback Deshaun Watson. In Sunday’s win versus Cincinnati, Hendershot made his Chiefs debut but never saw the field on offense.
Prior to Week 2’s game against the Cincinnati Bengals, the veteran tight end was fined $5,472 for a sideline shove of linebacker Roquan Smith in the season opener. The NFL prohibits non-participant players from making “unnecessary physical contact” with opponents, thus landing Hendershot the fine. Thanks to Satoshi Nakamoto’s designs, Bitcoin mining becomes more difficult as more miners join the fray. In 2014, it would take approximately 98 years to mine just one, according to 99Bitcoins. La Rioja made its own currency to boost the local economy after the national government cut cash transfers to provinces amid sky-high inflation. AI investing has been all the rage this year, but as macro uncertainty picks up, so have recommendations to buy defensive stocks.
Traders see a 61% chance the Fed will cut rates 50 basis points at its upcoming policy meeting, per the CME FedWatch tool. The artificial intelligence trade made a comeback last week after several weeks of turbulence following Nvidia’s second-quarter earnings. Shares of Nvidia, Broadcom, and Oracle all soared last week as key players in the space delivered remarks addressing some of investors’ biggest concerns about returns on massive AI spending. Additionally, the requirement for a temporary ISIN for bonus shares is no longer needed, allowing direct credit into the company’s existing ISIN.
Satoshi Nakamoto, the founder of Bitcoin, ensured that there would ever only be 21 million Bitcoins in existence. He (or they) reached that figure by calculating that people would discover, or “mine,” a certain number of blocks of transactions each day. There have also been six new crypto billionaires minted in the past year.
Nvidia’s partners are showing that the AI titan has “strong runway” for at least the next year, one analyst says.
They look like bonafide stars who should be playmakers on each side of the ball. If one or more of the other Houston players turn into solid starters or role players, it will be a cherry on top for an already good-looking trade. The 2024 Trade Deadline has passed, and Jack Flaherty, Randy Arozarena, Tanner Scott, Jazz Chisholm Jr. and Zach Eflin were among the biggest names dealt. You can find all of the trades made leading up to Tuesday’s Deadline right here. Hendershot, 25, was inactive for the Chiefs’ Week 1 win over the Baltimore Ravens.
Post listing, shares of Kross gained 10.7% to ₹265.65, while Tolins Tyres hit 5% upper circuit limit of ₹238.30 on the BSE. Not all of the acquisitions have panned out, but the Texans acquired at least a couple of key playmakers from the deal. And if they could go back recoup the assets they surrendered in the Watson trade, they would almost certainly exercise that option as well. Little did they know that they were ending up on what is presently considered one of the worst trades in NFL history.
The implementation of the T+2 settlement system aims to streamline and speed up the previously delayed process of crediting and trading bonus shares. Meanwhile, the Texans are still basking in the glow of the trade, which sent out a malcontent in a dispute with the team and added a treasure trove of assets to the organization’s coffers. Those picks have since become a group of potential-packed young players who are adding upside to a roster that has already improved markedly under Nick Caserio and DeMeco Ryans. Odds of a 50 basis point interest rate cut next week have surged as investors worry about a slowdown in the job market.
Logging seven special teams reps, he helped insulate Dave Toub’s group with some depth for a pivotal win. As Joshua Brisco of Kansas City Chiefs On SI pointed out on Monday, the tight end group was headlined by Travis Kelce and Noah Gray. Spot Ethereum exchange-traded iotversum.se funds (ETF) globally continued their weekly outflow streak, posting $19 million in negative flows last week, per CoinShares report. US spot ETH ETFs, outweighed by Grayscale’s ETHE outflow pressure, were responsible for over 67% of the flows.