Nifty Pharma, FMCG indices range-bound; Check support and other levels here | News on Markets

Lockheed Martin (NYSE: LMT) experienced a volatile day in the market, with shares initially rising nearly 3% following a Wells Fargo report that deemed the upcoming fiscal year 2026 defense budget a "big win for defense stocks." However, the positive momentum was quickly dampened by Bloomberg's report that the Trump administration intends to terminate Space Launch System launches and production of Orion space capsules after just three missions, impacting NASA's Project Artemis moon missions. This...

Elon Musk's involvement in multiple ventures has led to concerns among Tesla (NASDAQ: TSLA) stock investors regarding his commitment to the electric vehicle company. This dilution of focus has sparked feelings of neglect toward Tesla's interests. As of April 29, 2025, stock prices were noted, and a related video was published on May 1, 2025, highlighting these investor sentiments. Full Article

Tesla's (NASDAQ: TSLA) stock carries significant risk, much like many other market stocks, raising the question of whether the risk/reward assessment is favorable for investors. Critics highlight the stock's valuation, suggesting it appears excessively overvalued based on metrics like earnings, cash flow, and sales, particularly when comparing Tesla's enterprise value to EBITDA against other companies, including Alphabet (NASDAQ: GOOG). Ultimately, Tesla's valuation as merely a car manufacturer does not seem to hold up under scrutiny....

Social Security recipients rely on cost-of-living adjustments (COLAs) to maintain their purchasing power against inflation. The Congressional Budget Office (CBO) predicts a 2.4% increase for 2026, marking the smallest raise since 2021, although this forecast was made before significant tariff hikes under the Trump administration, which may lead to increased inflation. Consequently, the Social Security Administration's actual COLA for 2026 could exceed current expectations due to the evolving economic climate. Full Article

Confluent (NASDAQ: CFLT), a data streaming specialist, has experienced a significant decline in its stock price, dropping over 19% week-to-date as of late Thursday, following multiple analyst price target cuts after its earnings report. Despite reporting its first-quarter earnings, the market reacted negatively, leading to a sell-off even though the news was not entirely unfavorable. This trend highlights the vulnerability of shunned stocks to market fluctuations, regardless of the news they present. Full Article

Mark Zuckerberg envisions a future with AI-powered Ray-Bans and immersive virtual worlds, yet Wall Street remains focused on his company's advertising revenue. While Zuckerberg explores innovative technologies, investors prefer that he prioritizes Meta's core business strengths. The tension between visionary ambitions and investor expectations underscores the challenges facing Meta in balancing innovation with profitability. Full Article