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Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. The earnings outlook for the…
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CHANDIGARH: More than 3,200 people were arrested in Punjab during a 72-hour-long drive against wanted criminals, police said on Wednesday.The drive, Operation Prahar-2, which commenced on Monday, saw police conducting 8,278 raids at locations linked to wanted criminals. The drive was launched by Punjab Director General of Police (DGP) Gaurav Yadav.Senior officers visited different police…
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New York — Bitcoin BTC$65,998.73 isn’t just a hedge against inflation, according to ARK Invest CEO Cathie Wood, but against something more disruptive: deflation driven by technological acceleration. In a conversation with Anthony Pompliano at Bitcoin Investor Week in New York, Wood argued that traditional financial systems are unprepared for a coming “productivity shock” powered…
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Selling pressure in global technology stocks spilled over to Indian IT counters listed in the US on Thursday, with Infosys and Wipro ADRs declining sharply amid a broader risk-off mood and concerns over interest rate outlook and AI-driven disruption in the sector.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to an intraday…
