Mon, Nov 18, 2024 3:02 PM
Analysis-Headwinds hit Trump-fueled rally in US stocks
A Flip by Avya Verma
Crypto platform Polymarket correctly predicted Donald Trump's election win, but regulatory scrutiny and limitations to prediction markets, such as bias and manipulation risks, curb enthusiasm for a "new era" in the industry, and experts suggest artificial intelligence may be a more promising solution for improving polling accuracy.
Open Flip
Zinka Logistics Solution's IPO is open for subscription from November 13 to 18, 2024, with a price range of ₹259-273 per equity share, seeking to raise ₹1,114.72 crore. After two days of bidding, the issue has received mediocre response, with overall subscription at 1.85 times, retail at 1.64 times, and NII at 0.23 times.
Open Flip
Samsung Electronics shares surged 6.7% in Seoul trading after announcing a surprise plan to buy back $7.2 billion of its own stock over the next year, providing a short-term catalyst to the stock which slumped 30% this year. Samsung will cancel 3 trillion won of shares starting Monday, with the board deliberating on the remaining 7 trillion won.
Open Flip
