Stock market holidays:The Indian stock exchanges, BSE and NSE, will be closed for trading on Wednesday, December 25, 2024, on account of Christmas.  This will mark the last stock market holiday of 2024. Most global markets, including the UK, the US, and Europe, will also be shut tomorrow. The National Stock Exchange (NSE) and the BSE will have no trading or settlement in stocks, derivatives, and securities lending and borrowing (SLB) segments on Wednesday. That apart, the currency, and commodity markets, too, will be closed tomorrow.  On December 26, 2024, Thursday, trade will restart. Due to Mahashivratri, the next Indian market holiday is scheduled for February 26, 2025. Hours of trading on the stock market Weekday hours for the Indian stock market are 9:15 AM to 3:30 PM, Monday through Friday.  On typical trading days, there is also a pre-open session from 9:00 AM to 9:15 AM. On Saturdays and Sundays the market is closed.  On Christmas, will the commodities...

Investor enthusiasm for Apple's advancements in artificially intelligent systems is driving the company to a record $4 trillion market valuation.  With a notable 16% increase in share price since early November, Apple's market value has grown by around $500 billion.  Then comes this value boom. This remarkable increase reflects a new wave of iPhone upgrades and investors' enthusiasm for Apple's AI initiatives.  This positive prognosis is explained by Tom Forte, an analyst at Maxim Group who maintains a "hold" recommendation on Apple's stock, who believes AI will lead to a "super cycle" of iPhone advancements.  Apple's market capitalization, estimated at $3.85 trillion, is currently greater than the total value of the major German and Swiss stock markets.

  The Phantom Ultimate 2 is Tecno’s first triple foldable concept phone. It follows the Phantom Ultimate, a rollable concept phone. Following the discovery of a trifold phone from Huawei, we now have another Chinese company in the mix: Tecno's Phantom Ultimate 2, a concept phone that was unveiled on Tuesday at the Berlin IFA technology conference. According to Tecno, this foldable phone "reimagines the large-screen experience in a pocket-sized device." In contrast to book-style folding phones like Samsung's Galaxy Z Fold 6 or Google's Pixel 9 Pro Fold, the Phantom Ultimate 2's cover screen unfolds into a larger "screen" measuring 10 inches, which is noticeably larger than the 7.6- and 8-inch displays found on its book-style peers. Tecno claims that portability is not compromised by the Ultimate 2. The proposed trifold phone model has a thickness of 11.1 millimeters, which is marginally thicker than the existing book-style phones. The Phantom Ultimate...

As investors awaited Nvidia, a chipmaker, to release its quarterly earnings results on Wednesday following the bell, S&P 500 futures saw a little decrease on Tuesday night. Nasdaq 100 futures down 0.14%, while futures linked to the broad market index fell 0.02%. The Dow Jones Industrial Average futures were nearing the zero line. Following the release of adjusted profits for the second quarter that above forecasts, Nordstrom saw a 7% increase in after-hours trading. Ambarella, a semiconductor developer, saw a roughly 20% increase based on optimistic revenue projections for the third quarter. Calvin Klein's owner PVH plummeted more than 7% due to a dismal forecast for the current quarter. The tech-heavy Nasdaq Composite and the general market index both gained roughly 0.2% during Tuesday's trading session. Both indices were supported by Nvidia's 1.5% rise, which was announced. In contrast, the 30-stock Dow gained just 0.02%, which was sufficient to establish a record clo...

  At a Delta Air Lines maintenance facility close to the Atlanta airport on Tuesday, a tire explosion claimed the lives of two workers and critically injured another. According to Delta, the explosion happened inside a wheel and brake shop when wheel components were being dismantled for repair. According to the airline, the pieces were not at that time affixed to a plane. According to the federal Occupational Safety and Health Administration, an inquiry has been launched. Delta stated that it was collaborating with law enforcement and that the explosion's cause remained undisclosed. The airport said flights were unaffected, and Delta said its maintenance operation was unaffected. "The Delta family is heartbroken at the loss of two team members and the injury of another following an incident this morning at the Atlanta Technical Operations Maintenance facility," Delta said in a statement. "We have extended our full support to family members and colleagues during this ...

PARIS (Reuters) - Pavel Durov, the founder and CEO of the messaging app Telegram, is a Russian-French billionaire. He was detained on Saturday night at the Bourget airport outside of Paris, according to TF1 TV and BFM TV, which cited anonymous sources. Durov was traveling in his private jet, according to TF1's website, which also stated that he was the subject of an arrest warrant in France as part of an initial police investigation. With close to one billion users, Telegram is particularly influential in Russia, Ukraine, and the former Soviet Union. It is ranked as one of the major social media platforms after Facebook, YouTube, WhatsApp, Instagram, TikTok, and Wechat. The French Interior Ministry and police had no comment. TF1 and BFM both said that the investigation was focused on a lack of moderators on Telegram, and that police considered this situation to allow criminal activity to go on undeterred on the messaging app. Durov, a Russian native, and his brother launched Telegr...