Meyka’s Latest updates keep you informed about market moves!
More than 3,000 Boeing defense workers have walked off their jobs. The strike began after contract talks with the company broke down. It affects Boeing’s military aircraft and weapons plants, which are key to U.S. defense programs. Why does this matter? These workers build fighter jets, missile systems, and other equipment that the U.S. military…
Xiaomi has made a significant leap in smart technology by introducing its most advanced AI voice model to date, designed to enhance both automotive and home tech systems. The launch signals Xiaomi’s ambition to lead China’s competitive voice AI world and push global innovation standards to new heights. Xiaomi’s Big Move in Voice AI In an…
The Indian stock market saw MCX shares surge by over 5% after the company reported an 83% year-on-year rise in Q1 net profit, paired with the announcement of a 1:5 stock split. This dual development has sparked strong investor interest and drawn attention from both retail and institutional players, firmly putting MCX in the spotlight…
Federal Bank’s shares took a sharp hit, falling nearly 5% in a single day. This drop came right after the bank posted its Q1 earnings, which showed a 15% fall in net profit compared to the same time last year. It caught many investors off guard. So, what happened? Why did profits drop? And more…
India’s stock market is buzzing with new analyst calls. Arihant Capital has given a fresh “Buy” rating to Suzlon Energy, one of the country’s leading renewable energy players. At the same time, it has advised investors to “Sell” shares of DLF and Federal Bank, signaling a mixed outlook across key sectors. These calls matter. They…
Gold has always been a safe place for money when economies feel shaky. Right now, it is back in the spotlight. Citi, one of the world’s biggest banks, has predicted that gold could climb to $3,500 per ounce in the coming months. This bold call comes at a time when the US economy shows signs…
BNSF Railway, one of the largest freight railroads in North America, has reported a notable earnings gain for Q1 2025, driven primarily by lower operating expenses and strong cost control measures. The company, a wholly owned subsidiary of Berkshire Hathaway, showcased resilience despite a slight dip in industrial product shipments. What’s Behind the BNSF Earnings…
The stock market can shift fast, and Oriental Rise (ORIS) just felt that firsthand. Its stock dropped 12% recently, catching many investors off guard. We see this plunge tied to big moves like Berkshire Hathaway’s $3.76 billion writedown on Kraft Heinz, shaking up the food and beverage sector where Oriental operates. This isn’t just about…
Invesco QQQ, a well-known exchange-traded fund, saw its share price fall by 1.7% to $555.13 recently. This drop has sparked curiosity among investors who follow the stock market closely. We aim to break down what happened, offering clear details to help you understand this event. The decline came with a 34% decrease in trading volume,…
OpenAI has just raised $8.3 billion in a funding round that sets its valuation at $300 billion. This news marks a big step for the company behind ChatGPT, showing strong belief from investors. The round finished early and saw more interest than expected, fitting into OpenAI’s plan to gather $40 billion this year. The company’s…