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Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the company’s stock since April — a stake that’s now worth $2.5 billion after a blistering rally in the online auto retailer’s shares. Continue Reading »
Tesla's valuation crossed the $1 trillion mark for the first time in over two years. The auto stock gained 29 per cent this week, adding more than $230 billion to its Mcap, its best since January 2023 Continue Reading »
The S&P 500 will likely hit its 50th record this year amid a weekly gain of 4.7 per cent. The VIX Index, a measure of volatility known as the ‘fear gauge’, saw its biggest weekly drop since 2021. Continue Reading »
Gold Prices Today: Spot gold last fell 0.6 per cent to $2,690.62 and was down 1.6 per cent for the week. US gold futures shed 0.3 per cent to $2,697.90. gold Continue Reading »
At current levels, Amara Raja Energy's stock is trading at ₹1,303 per share, which represents a 27% decline from its recent peak of ₹1,775. Similarly, Exide Industries' shares are priced at ₹437, down 30% from their high of ₹620, which was reached in July. Continue Reading »
Ola Electric Q2 Results: Ola Electric Mobility reported a net loss of ₹495 crore for Q2 FY25, down from ₹524 crore a year ago, but up from ₹347 crore in the previous quarter. Revenue increased 39% to ₹1,214 crore compared to ₹873 crore last year. Continue Reading »