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Hyundai Motor India faces weak stock debut despite strong investor interest

Hyundai Motor India experienced a weak stock debut on October 22, listing at a 1.32% discount at Rs 1,934, below its IPO price of Rs 1,960. Despite strong interest from sovereign funds and mutual funds, Tarun Garg, COO, noted that the stock price will ultimately be determined by investors. Emkay Global Financial Services initiated coverage with a 'reduce' rating, citing concerns over limited launches and lower earnings growth prospects.

comprehensive analysis of home healthcare market trends and future growth prospects

asia pacific wealth management sector appointments and changes in august 2024

mixed markets face pressure from rising yields and high interest rates

U.S. markets showed mixed results as the Nasdaq Composite rose while the S&P 500 and Dow Jones fell, with the latter ending a three-day winning streak. The 10-year Treasury yield surged nearly 12 basis points, reflecting concerns over sustained high interest rates. Meanwhile, gold prices reached a record high of $2,700 per ounce, signaling a new bullish phase, and Hyundai Motor India's shares dropped over 5% on their trading debut.

global home healthcare market poised for significant growth through 2031

The global Home Healthcare Market is projected to grow from USD 362.1 billion in 2023 to USD 666.9 billion by 2031, at a CAGR of 7.96%. Key trends include the rising use of digital health monitoring devices and advanced technologies like AI and big data, enhancing consumer engagement and treatment outcomes. Major players include Fresenius SE, Amedisys, and Philips Healthcare, with a focus on therapeutic, testing, and mobility care products across various regions.

rosé and bruno mars collaboration boosts yg plus shares to seven month high

Shares of YG Plus surged nearly 30% following the release of "APT," a collaboration between BLACKPINK's Rosé and Bruno Mars, which topped Spotify's Global playlist and ranked fourth on iTunes. The music video has amassed over 82.9 million views, marking a record for male-female duet debuts in 2024. Despite this success, YG Entertainment's stock has fallen 22.5% year-to-date amid ongoing challenges in the global music industry.

computer vision in healthcare market projected to reach 10.63 billion by 2028

The computer vision in healthcare market is projected to grow significantly, increasing from $1.51 billion in 2023 to $2.21 billion in 2024, with a CAGR of 47.1%. By 2028, it is expected to reach $10.63 billion, driven by advancements in predictive analytics and the rising prevalence of chronic diseases. Key players include NVIDIA, IBM, and Alphabet, with Europe currently leading the market while North America is anticipated to be the fastest-growing region.

asia markets decline as hyundai shares drop and gold hits record high

Asia markets mostly declined following a slip in major U.S. indexes, with Hyundai Motor India shares dropping over 5% on their debut after a $3.3 billion IPO. Meanwhile, YG Plus shares surged nearly 30% after a collaboration track by Blackpink's Rosé topped streaming charts. Gold prices hit a record high of $2,700 per ounce, driven by central bank buying and macroeconomic uncertainties, while JPMorgan highlighted potential catalysts for a rally in Xpeng shares.

Meta reintroduces facial recognition to combat celebrity bait scams

Meta is reviving its facial recognition technology to combat "celeb bait" scams, enrolling around 50,000 public figures in a trial that will automatically compare their profile photos with images in suspected scam ads. The company plans to roll out this initiative globally in December, while ensuring that any generated face data will be deleted immediately, regardless of the outcome. This move comes amid ongoing scrutiny over privacy practices and a recent $1.4 billion settlement in Texas for illegal biometric data collection.

the economic impact of tariffs on global trade and consumer costs

Donald Trump's proposed tariffs, including a 10% tax on imports, are expected to burden American consumers, costing middle-class households over $2,600 annually and leading to a loss of prosperity. While intended to boost domestic production and jobs, historical evidence suggests that tariffs often result in high costs for minimal job creation, with indirect effects harming other industries reliant on imported materials.
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