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BlackBerry reports surprise profit on demand for cybersecurity services

The company reported an adjusted net profit of 3 cents per share for the quarter ended Feb. 29, compared with analysts#39; average estimate of a loss of 3 cents, according to LSEG data.

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Multiple Apple services down for users in US

Approximately 6,400 App Store users reported issues at the peak of the outage, according to Downdetector, which tracks outages by collating status reports from several sources, including users.

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Telecom sector opposes US plan to reinstate net neutrality rules

Net neutrality rules bar internet service providers from blocking or throttling traffic or offering paid fast lanes.

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Buzzing Stocks: Vodafone Idea, HCL Infosystems, LT Finance Holdings, Vedanta, Avenue Supermarts and others

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 4, 2024.

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Trade Spotlight | How you should deal in PNB, Escorts Kubota, LT Tech Services today

LT Technology Services has seen a breakout of long downward sloping resistance trendline adjoining highs of January 4, 2022 (record high), and February 12 this year. The stock has formed long bullish candlestick pattern on the daily charts.

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Gold plows to record high after Jerome Powell#39;s remarks

Spot gold rose 0.5% to $2,292.31 per ounce as of 1:43 p.m. EDT (1743 GMT) after hitting a record high of $2,294.99 earlier in the session.

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  • ITR filing 2026: Have foreign assets or income? Not reporting them may cost you ₹10 lakh

    Indian taxpayers must disclose foreign income and assets in their income tax return each year to avoid penalties up to ₹10 lakhs. Deadline to report foreign assets, importance of such a disclosure among other details explained here.

  • Nikhil Kamath reveals his 3 top investment theme as Middle East tensions shake markets, ‘Looks cheap today, but…’

    Energy transition has become a key investment theme for Nikhil Kamath, co-founder of Zerodha Broking Ltd., as the US-Iran war reinforces the sector’s importance and creates opportunities across its value chain.

  • Planning an International trip? You may not get entry to these countries without a travel insurance

    Many international destinations now require travelers to have insurance coverage to enter, a trend heightened by the Covid pandemic. These policies help cover medical costs and emergencies, with uninsured tourists often denied entry.

  • SpaceX falls below IPO price: How much of your money should be in futuristic tech?

    Wall Street's tech stocks fell sharply as concerns about AI-driven gains grew. Nasdaq and S&P 500 dropped, with losses in semiconductor stocks and SpaceX leading the charge. 

  • Radhika Gupta explains IPO funds: What investors should know about this niche mutual fund category

    IPO funds are equity mutual fund schemes that invest primarily in recently listed companies. Rather than applying for individual IPOs, investors get a portfolio of newly listed stocks. As Radhika Gupta notes, “Rather than figuring out which IPO to invest in every month, let a fund do it for you!”

  • SpaceX stock down by 16%: Will your mutual fund investments take a hit?

    SpaceX is experiencing a fourth day of stock losses amid a tech sell-off, dropping about 3% to $150. This follows a record $75 billion IPO last week, with investors concerned about AI enthusiasm. SpaceX has lost over $600 billion in value since the decline began.

  • What are focused funds? Meaning, investment strategy, key factors, benefits and risks

    Focused funds are equity mutual fund schemes that invest in a limited number of stocks, allowing fund managers to take concentrated bets. These funds can invest in a maximum of 30 stocks and must allocate at least 80% of their total assets to equity and equity-related instruments.

  • Sold shares, gold or property? Here's how you can legally claim capital gains tax exemption of up to ₹10 crore

    Selling assets like shares, mutual funds, gold, or property triggers capital gains tax. Section 54F of the Income Tax Act offers exemptions if long-term profits are reinvested into residential property. Details here.

  • How much does raising one child actually cost in Bengaluru, Mumbai or Delhi? I asked ChatGPT to compare expenses

    Raising a child varies significantly in cost across Bengaluru, Mumbai and Delhi. I asked ChatGPT to compare expenses across cities.

  • Nifty IT Index falls 28% in a year: Should investors buy the dip or remain cautious?

    Experts suggest that investors with a 3-5 year horizon may consider investing in Nifty IT Index Funds through the SIP approach, while those seeking short-term returns or lower volatility may prefer to stay on the sidelines until there is greater clarity on AI-led growth and technology spending.

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