Check out the companies making headlines in after-hours trading. Pure Storage — Shares of the data management and storage company plunged nearly 9% after Pure Storage reported third-quarter adjusted earnings of 58 cents per share that matched consensus expectations, according to LSEG. The company posted revenue for the period of $964.5 million, up 16% year-over-year,…
JAISALMER: An Indian Army tank sank in the Indira Gandhi Canal during a routine military exercise in Rajasthan’s Sriganganagar district on Tuesday morning, resulting in the death of one jawan.The incident occurred during a training exercise aimed at practising how to cross the canal with armoured vehicles, local police said. The Army was yet to…
Sitharaman said the bill proposes crucial reforms based on steps such as track-and-trace system. NEW DELHI: Rajya Sabha on Tuesday returned to Lok Sabha the Manipur GST bill, which replaces an ordinance to implem-ent GST reforms in the state, with finance minister Nirmala Sitharaman asserting that the bill will benefit people and businesses. She also…
Bitcoin BTC$91,265.49 briefly slipped below its network value based on Metcalfe value modeling for the first time in nearly two years, according to network economist Timothy Peterson. This is typically a signal that often marks the late stages of market resets, he said. “While this does not necessarily signal a bottom, it does indicate that…
CHANDIGARH: A day after Inderpreet Singh, alias Parry, a one-time trusted aide of gangster Lawrence Bishnoi, was gunned down on a Chandigarh street, two audio clips, purportedly of Goldy Brar, Lawrence’s rival, were released Tuesday containing a threat to kill Lawrence to avenge the murder, intensifying fears of a gang war.While police are verifying the…
For weeks, crypto has felt broken. We had the biggest liquidation event in the market’s history on October 10th. Bitcoin nuked. ETH and alts fell even harder. Since then, every “bounce” has died on contact. Everyone blamed U.S. President Donald Trump’s 100% China tariffs, macro, or over-leverage. All are valid explanations for why the market…
Big Short investor Michael Burry has cast doubt on Tesla’s lofty valuation and warned that CEO Elon Musk’s newly approved $1 trillion compensation package could place even more strain on shareholder returns. In a weekend post on his Substack newsletter, Burry wrote that the electric-vehicle maker’s market value is “ridiculously overvalued” and has been “for…
NGAPUR: The Nagpur bench of Bombay high court on Tuesday restrained Maharashtra State Election Commission (SEC) from announcing the results of first phase of municipal council and nagar panchayat polls on Dec 3, a day after polling, on the grounds that it may “prematurely disclose public mood”, and influence the next round of voting scheduled…
SRINAGAR: Over the past four days, a Himalayan black bear has been spotted nearly 10km apart at two premier institutions in Kashmir — University of Kashmir (UoK), Hazratbal, and Sher-i-Kashmir Institute of Medical Sciences (SKIMS), Srinagar’s leading tertiary-care hospital — triggering panic. The wildlife department has placed cages at key locations, deployed drones, and is…
American Bitcoin Corp. (ABTC), a U.S. focused bitcoin mining and treasury firm company founded by Eric Trump and Donald Trump Jr., saw its shares plunge as much as 50% on Tuesday. The drop came despite bitcoin rallying above $91,000 and gains for nearly all crypto-related stocks. According to Nasdaq data, trading volume surged to 55…
