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Shervani Industrial Syndicate Limited (SHERVANI.BO)

501.20

+22.25

(+4.65%)

At close: 3:29 PM GMT+5:30

Crucial jobs report kicks off December trading: What to know this week

Key updates on the health of the US labor market are set to greet investors in the first week of December trading.

Yahoo Finance yesterday

AVGO

META

GOOG
Amazon Surges 20% in 3 Months, Outpacing Dow by More Than 12%

Amazon's $8B AI Investment Powers Stock to Major Outperformance

GuruFocus.com 8 minutes ago

AMZN
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department said Monday it is proposing to loan up to $7.54 billion to a joint venture of automaker Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana. The conditional commitment award must still be finalized and includes $6.85 billion in principal and $688 million in capitalized interest for the StarPlus Energy joint venture. The venture will build batteries for Stellantis electric vehicles and at full capacity will produce about 67 GWh of batteries, enough to supply approximately 670,000 vehicles annually, the Energy Department said.

Reuters 15 minutes ago

STLAM.MI

^YH310
Lotus Chooses AWS as Its Preferred Cloud Provider to Advance Connected and Automated Vehicles

LAS VEGAS, December 02, 2024--At AWS re:Invent, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Lotus Technology ("Lotus", NASDAQ:LOT), a leading global intelligent and luxury mobility provider, has chosen AWS as its preferred cloud provider to help support its development of intelligent, luxury car experiences. The automaker will use AWS to implement its Vision80 Strategy, a plan to transform the company into a global luxury technology brand by 2028.

Business Wire 29 minutes ago

AMZN
Amazon.com (AMZN)-Backed Anthropic Enhances Claude AI with Customizable Writing Styles

We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other AI stocks that broke the Internet this week. The World Trade Organization (WTO) recently released a report that examines how artificial […]

Insider Monkey 35 minutes ago

AMZN
Marvell Expands Strategic Collaboration with AWS to Enable Accelerated Infrastructure for AI in the Cloud

Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, announced today the expansion of their strategic relationship with Amazon Web Services (AWS) through a five-year, multi-generational agreement that includes collaboration across multiple AWS products and the use of AWS cloud infrastructure, underscoring their shared commitment to driving innovation and excellence in accelerated infrastructure.

PR Newswire 59 minutes ago

MRVL
Is Taiwan Semiconductor (TSM) the Best New Pick in Brad Gerstner’s Portfolio?

We recently published a list of 7 New Stock Picks in Brad Gerstner’s Portfolio. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other stock picks in Brad Gerstner’s portfolio. Gerstner Expects More M&As in New Term Strategists and investors are confident that the […]

Insider Monkey 1 hour ago

TSM
How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q3 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL) will release earnings results for the third quarter, after the closing bell, on Tuesday, Dec. 3. Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 41 cents per share. Marvell projects to report quarterly revenue of $1.46 billion. That’s more than the $1.42 billion it reported a year earlier, according to data from Benzinga Pro. On Nov. 27, Susquehanna analyst Christopher Rolland maintained Marvell Tech with a Positive ra

Benzinga 1 hour ago

MRVL
Tesla Stock Rises After Huge Price Target Increase. What Got the Analyst Excited.

On Sunday, Stifel analyst Stephen Gengaro raised his Tesla stock price target to $411 from $287. He kept his Buy rating.

Barrons.com 1 hour ago

TSLA
5 companies that own the most Bitcoin

Bitcoin has evolved into a powerful financial instrument, garnering attention not only from everyday individuals but also from major corporations. Over the years, many publicly traded companies have become enthusiastic supporters of Bitcoin, recognizing its potential as a transformative asset. These organizations are not just investors; they are active advocates for the cryptocurrency ecosystem, contributing directly or indirectly to the development and growth of the broader crypto landscape.

Quartz 1 hour ago

TSLA

COIN

MSTR
Amazon Stock Could Go to Almost $3 Trillion Next Year, According to 1 Wall Street Analyst

Amazon (NASDAQ: AMZN) is the fourth-largest company on the stock market by market capitalization, but it's way behind the top three -- Apple, Nvidia, and Microsoft, which have all traded the top spot over the past year and are all worth more than $3 trillion. Amazon's market cap is closer to $2 trillion, quite a wide gap. Amazon has incredible opportunities in artificial intelligence (AI), and its stock is up 35% this year, outdoing its larger peers, except for Nvidia.

Motley Fool 1 hour ago

AMZN
Stellantis stock is sinking after the Jeep owner's CEO abruptly resigned

Stellantis (STLA) stock sank on Monday after CEO Carlos Tavares abruptly handed in his resignation as issues pile up at the automaker.

Quartz 1 hour ago

STLAM.MI
Amazon to pilot AI-designed material for carbon removal

Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at risk of worsening emissions from artificial intelligence systems they power, a startup behind the deal said on Monday. In a twist, AI itself, from the startup Orbital Materials, is what designed the carbon-filtering substance, its Chief Executive Jonathan Godwin said. "It's like a sponge at the atomic level," Godwin told Reuters.

Reuters 1 hour ago

AMZN
Good News for Tesla: Chair to Lead Australia's First R&D Review in Two Decades

Australia Taps Tesla Chair for R&D Reform Amid Global Innovation Race

GuruFocus.com 1 hour ago

TSLA
Almost £3bn wiped off Stellantis as electric vehicle crisis grows

More than €3.3bn (£2.7bn) was wiped off the value of Stellantis after its boss quit abruptly amid struggles to make the shift to electric vehicles.

The Telegraph 1 hour ago

STLAM.MI
Nebius Announces Oversubscribed Strategic Equity Financing of USD 700 Million to Accelerate Roll-out of Full-stack AI Infrastructure

AMSTERDAM, December 02, 2024--Nebius Group N.V. ("Nebius Group", "Nebius" or the "Company"; NASDAQ:NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a USD 700 million private placement financing from a select group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments.

Business Wire 1 hour ago

NBIS
5 Things to Know Before the Stock Market Opens

News of the day for Dec. 2, 2024

Investopedia 1 hour ago

DIS

STLAM.MI
Tesla and BYD Slash Prices in China. A Price War Is the Latest Move in Battle for EV Supremacy.

Tesla and its Chinese rival BYD Co. have reignited their price war, with both EV makers offering big discounts as they battle for supremacy in the world’s biggest auto market.

Barrons.com 1 hour ago

BYDDY

TSLA
European Stocks Shake Off French Politics, Stellantis to Rise

The Stoxx Europe 600 index was up 0.6%. Another significant decliner, German-listed Delivery Hero, was down 11% after the company said its Spanish subsidiary would implement an employment-based model in the country. The far-right National Rally said it is on the verge of withdrawing support for French Prime Minister Michel Barnier’s government unless he gives way on budget demands.

Barrons.com 1 hour ago

STLAM.MI

^FCHI
These Stocks Are Moving the Most Today: Tesla, Super Micro, Stellantis, XPeng, Nvidia, Upstart, and More

Tesla rolls out the latest version of its self-driving software, and an analyst also raises his price target on the stock significantly, the CEO of Stellantis resigns amid lower sales at the auto maker, and Super Micro stock extends losses.

Barrons.com 1 hour ago

SMCI

NVDA

STLAM.MI

Performance Overview

Return	SHERVANI.BO	MSCI WORLD
YTD	+4.04%	+20.30%
1-Year	+4.39%	+25.38%
3-Year	+120.98%	+23.46%

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Related News

Crucial jobs report kicks off December trading: What to know this week

Amazon Surges 20% in 3 Months, Outpacing Dow by More Than 12%

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

Lotus Chooses AWS as Its Preferred Cloud Provider to Advance Connected and Automated Vehicles

Amazon.com (AMZN)-Backed Anthropic Enhances Claude AI with Customizable Writing Styles

Marvell Expands Strategic Collaboration with AWS to Enable Accelerated Infrastructure for AI in the Cloud

Is Taiwan Semiconductor (TSM) the Best New Pick in Brad Gerstner’s Portfolio?

How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q3 Earnings

Tesla Stock Rises After Huge Price Target Increase. What Got the Analyst Excited.

5 companies that own the most Bitcoin

Amazon Stock Could Go to Almost $3 Trillion Next Year, According to 1 Wall Street Analyst

Stellantis stock is sinking after the Jeep owner's CEO abruptly resigned

Amazon to pilot AI-designed material for carbon removal

Good News for Tesla: Chair to Lead Australia's First R&D Review in Two Decades

Almost £3bn wiped off Stellantis as electric vehicle crisis grows

Nebius Announces Oversubscribed Strategic Equity Financing of USD 700 Million to Accelerate Roll-out of Full-stack AI Infrastructure

5 Things to Know Before the Stock Market Opens

Tesla and BYD Slash Prices in China. A Price War Is the Latest Move in Battle for EV Supremacy.

European Stocks Shake Off French Politics, Stellantis to Rise

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Performance Overview