Author: V. Alure

The recovery from the morning session’s lows signals selective buying interest, though conviction remains limited.  | Photo Credit: istock.com Markets staged a partial recovery by midday on Wednesday after opening on a positive note, with both benchmark indices trading marginally above their previous closes, even as persistent selling in information technology stocks continued to weigh on sentiment. The BSE Sensex, which opened at 83,553.59 against its previous close of 83,450.96, was trading at 83,461.51, up just 10.55 points or 0.01 per cent as of 1 pm. The NSE Nifty 50 stood at 25,732.35, a gain of 6.95 points or 0.03…

Cigarette stocks lit up Dalal Street on Wednesday after reports that manufacturers had raised prices to counter higher tax outgo. Shares of ITC Ltd, Godfrey Phillips India Ltd and VST Industries Ltd climbed by as much as 15%, following media reports that companies have implemented price hikes to pass on the impact of the recent excise duty increase to consumers. As of 1:15 pm, Godfrey Phillips India Ltd was trading at 2,386, up 318 points or 15.4%. At the same time, ITC gained 2% to 331 while VST Industries Ltd strengthened to 244, adding 2%. The move by cigarette makers…

Image source: Getty Images Shares of Raspberry Pi (LSE:RPI) rocketed 36% yesterday (17 February), leaving all other FTSE 250 stocks in the dust. This spectacular single-day surge catapulted it to fourth place in the FTSE 250’s year-to-date performance rankings. Not a bad day at the office for the stock then. But what caused the sudden jump? A strange rally For those unfamiliar, Raspberry Pi makes low-cost, mini computers that are used by enthusiasts and engineers worldwide. While originally created by a UK charity to help people learn computer programming, 70% of the firm’s sales today come from industrial and embedded applications.…

The Democratic Republic of Congo sits atop an estimated five billion barrels of untapped oil reserves and nearly 60 billion cubic meters of methane gas. With global powers racing to secure critical energy resources, the question of who will lead the country’s Ministry of Hydrocarbons has become a matter of international significance.The DRC represents one of the last great energy frontiers in Africa. While the country currently produces roughly 18,000 to 20,000 barrels per day from its coastal basin, government officials have set an ambitious target: expanding output to 300,000 barrels daily. The stakes are enormous. A 2022 licensing round…

Fiverr International Ltd. (NYSE: FVRR) reported revenue of $430.9 million for the full year 2025, a 10.1% increase compared to $391.4 million in 2024. The company reported its financial results for the fourth quarter and fiscal year ended December 31, 2025, before the market opened. The company’s shares increased 3.97% to $14.91 at the close of trading on February 18, 2026. Fiverr’s market capitalization stood at $551.6 million as of today’s close. Financial Results for Fourth Quarter and Full Year 2025 Fiverr reported revenue of $430.9 million for the full year 2025, a 10.1% increase compared to $391.4 million in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Christine Lagarde is expected to leave the European Central Bank before her eight-year term as president expires in October 2027, according to a person familiar with her thinking.Europe’s top central banker, who joined the Frankfurt-based ECB in November 2019 from the IMF, wants to exit before the French presidential election in April next year. According to the person with knowledge of her thinking, Lagarde wants to enable outgoing French President Emmanuel Macron and German Chancellor Friedrich Merz to find a new head for…

The Andersons, Inc. (Nasdaq: ANDE) reported full year 2025 net profit of $95.7 million. The company’s shares moved +4.32% in Wednesday trading following the disclosure of financial results for the fourth quarter and full year 2025. The market capitalization for The Andersons, Inc. is $2.34 billion as of February 18, 2026. Fourth Quarter Results Consolidated revenue for the fourth quarter was $3,282 million, an increase of 5.1% compared to the prior year period. Net income was a net income of $67.4 million. Segment Highlights: Renewables pretax income reached $54.3 million on record production and merchandising. Agribusiness pretax income was $45.0…

Goldman Sachs upgrades Snam stock rating on infrastructure growth Source link #Goldman #Sachs #upgrades #Snam #stock #rating #infrastructure #growth

“Late Show” host Stephen Colbert on Tuesday night called CBS’s denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration.Colbert’s broadside came hours after CBS issued a statement on the controversy. The host, whose show will end in May as it was canceled by CBS, held up a printed copy of the network’s statement about Talarico’s interview during his show Tuesday night and said, “I don’t even know what to do…

Similarweb Ltd. (NYSE: SMWB) shares moved -2.15% in Wednesday trading following the disclosure of financial results for the fourth quarter and full year 2025. Management projects fiscal year 2026 revenue between $305 million and $315 million, representing approximately 10% growth at the midpoint. First quarter 2026 revenue is estimated to be between $72 million and $74 million. The market capitalization for Similarweb Ltd. is $336.5 million as of February 18, 2026. Fourth Quarter Results Consolidated revenue for the fourth quarter was $72.8 million, an increase of 11% compared to the prior-year period. Net loss was a GAAP loss of $7.5…