Author: Lucas

VST Industries Ltd reported a mixed set of numbers for the December quarter, with profitability under pressure despite stable revenues and a sharp improvement in operating margins.The cigarette maker posted a 55.8% year-on-year decline in net profit at ₹60.23 crore for Q3, compared with ₹136.2 crore in the year-ago period. Revenue from operations rose marginally by 1.7% YoY to ₹373.4 crore, reflecting largely steady topline performance during the quarter.At the operating level, performance improved meaningfully. EBITDA increased 25.7% YoY to ₹86 crore from ₹68.3 crore, aided by better cost management. As a result, EBITDA margins expanded sharply to 23%, up…

The data security firm saw its stock price plummet 33% on Tuesday.Investors were selling off Commvault Systems (CVLT 2.06%) stock after the data and cybersecurity firm released its fiscal third-quarter earnings on Tuesday, Jan. 27. The stock was in free fall Tuesday, down some 33% to $86.80 per share, a 52-week low. The sell-off comes despite solid quarterly results, as the firm had record revenue and beat revenue and earnings estimates. Revenue was up 19% year over year in the quarter to a record $314 million. About two-thirds of its revenue comes from subscriptions for its software, and that rose…

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking: Where will all of that energy come from? AI is the…

India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital currencies (CBDCs) be included on the agenda for the 2026 BRICS summit, the sources said. They requested anonymity because they were not authorised to speak publicly. India will host the summit, which will be held later this year. If the recommendation is accepted, a proposal to…

Activist investor Elliott Investment Management is reportedly weighing a tender offer for Toyota Industries, a move that could disrupt the Toyota group’s ongoing effort to take the company private. Elliott is exploring a potential bid after criticizing Toyota’s proposed buyout price as too low. The Toyota group has offered to acquire Toyota Industries at 18,800 yen per share, a valuation Elliott has urged shareholders to reject. Following the report, Toyota Industries shares rose to trade above the proposed offer price, News.Az reports, citing Reuters. Toyota Industries, a major forklift manufacturer within the Toyota group, has been at the center of…

The U.S. stock market remained subdued yesterday. While the Dow Jones Industrial Average gained 0.11% (+55.96 points) to 49,071.56, the broader market faced downside pressure. The S&P 500 slipped 0.13% to 6,969.01, while the tech-heavy Nasdaq Composite declined 0.72% to 23,685.12.The technology sector set the tone for the session, with a sharp sell-off seen in Microsoft Corporation MSFT shares, after its earnings report reignited concerns about slower cloud growth. Some of this pressure was offset by strength in Meta, but overall sentiment remained cautious due to rising oil prices and geopolitical tensions. Amid this backdrop, value stocks present an appealing…

Silver (XAG/USD) sinks sharply by more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 at the time of writing. XAG/USD trades at $76.91, after reaching a daily high of $118.46.XAG/USD Price Forecast: Technical outlookAs it plunges, Silver cleared key support levels like $100, $90, $80 and it seems on its way to challenge the $70.00 milestone if it wasn’t for the 50-day Simple Moving Average (SMA) standing at $73.51.The Relative Strength Index (RSI) fell on a parabolic form from around 83 level to 42,…

KnightPips, also known as Knight Pips, is emerging as a new entrant in the online brokerage sector, offering UK residents commission-free access to global financial markets through a technology-driven trading platform designed for investors at every stage of their journey.As retail participation in financial markets continues to grow, KnightPips is positioning itself as a platform focused on accessibility, transparency, and long-term engagement rather than short-term speculation. The company provides access to multiple asset classes including foreign exchange, stocks, commodities, and precious metals through Contracts for Difference.KnightPips and Knight Pips Focus on UK-Based TradersUnlike platforms that pursue aggressive international expansion from…

From 1 January 2026, Cyprus introduced a series of tax reforms that directly affect sale and purchase transactions of immovable property. These changes do not just adjust technical tax rules – they change the costs, structure and timing of real estate transactions. For anyone planning to purchase or sell immovable property, it is important to understand what has changed and how it may impact their plans. While the reform covers many areas of taxation, this article focuses only on the changes that directly affect property transactions. For real estate, this translated into two headline measures: Abolition of stamp duty under…

Agribusiness giants CF Industries and POET launch a pilot project to produce low-carbon nitrogen fertilizer using bio-based feedstocks and carbon capture. Global fertilizer leader CF Industries and biofuel producer POET have launched a joint pilot project to produce low-carbon nitrogen fertilizer at a facility in the U.S. Midwest. The collaboration, announced today, aims to commercialize a new process that uses bio-based feedstocks from POET’s ethanol production and applies carbon capture technology to significantly reduce the greenhouse gas emissions associated with traditional fertilizer manufacturing. The pilot will retrofit an existing CF Industries ammonia production unit to utilize biogenic carbon dioxide and renewable energy inputs. Initial…