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Stocks making the biggest moves midday: Apple, Robinhood, Visa, Chevron and more

Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022.Joshua Roberts | ReutersCheck out the companies making headlines in midday trading.Apple — Shares of the tech giant jumped more than 5% following a strong quarterly report that showed its largest single quarter in terms of revenue ever. Apple

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RBI imposes restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow; withdrawals capped at Rs 1 lakh

The Reserve Bank on Friday said it has imposed several restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. The restrictions came into force from closure of business hours on January 28, 2022 (Friday). In a statement, RBI said the Lucknow-based

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Nobel laureate Paul Krugman says crypto has ‘disturbing’ parallels with subprime mortgage meltdown

Nobel Prize-winning economist Paul Krugman.Panayiotis Tzamaros | ullstein bild via Getty ImagesNobel Prize-winning economist Paul Krugman has given an ominous warning about the volatile cryptocurrency market, comparing it to the subprime mortgage crisis of the late 2000s.In an opinion piece for The New York Times on Thursday, Krugman said

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Stocks making the biggest moves premarket: Caterpillar, Chevron, Apple and others

Check out the companies making headlines before the bell:Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker's sales were up 23% from a year earlier despite supply

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NCUI hails merger of PMC BANK with Unity SFB; bats for security of depositors’ money

Welcoming the merger of debt-ridden Punjab and Maharashtra Cooperative (PMC) Bank with Unity Small Finance Bank (Unity SFB), cooperative body NCUI on Friday said that it needs to be ensured that depositors' money is secure. On January 25, the union finance ministry had approved the merger of PMC Bank

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The tech sell-off has some venture capitalists worried the good times may be coming to an end

A conceptual image showing stock exchange numbers and flames.Sean Gladwell | Moment | Getty ImagesAfter a blockbuster year for venture capital deals, some investors worry the boom times may not last much longer. Tech start-ups raised a record $621 billion in venture funding globally in 2021, according to CB Insights,

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Pandemic Impact: Indians turn to life insurance to boost financial immunity

Spending on non-discretionary items has gone down but saving for a family’s financial future is the key focus amidst the ongoing pandemic. In the middle of the pandemic, Indians learnt new lessons about health and wealth. It was not just building physical immunity that was

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China’s new rules on overseas IPOs will apply to Hong Kong, securities regulator says

People wear protective masks as they stand outside of the China Securities Regulatory Commission (CSRC) in the Financial Street on April 17, 2020 in Beijing,Emmanuel Wong | Getty Images News | Getty ImagesBEIJING — China's forthcoming rules on overseas IPOs will apply to Chinese companies that want to list

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