BARCLAYS SHARE PRICE

Winfrey will donate her WW shares to the National Museum of African American History and Culture, WW said. She owned 1.13 million shares worth $6.34 million as of Jan. 1, LSEG data showed. Winfrey's donation would help "eliminate any perceived conflict of interest around her taking weight loss medications," the weight-loss services firm said on late Wednesday.

The latest Household Consumption Expenditure Survey (HCES) is not expected to have a significant impact on consumer price index and inflation calculations. Rural spending on food was down 6.5 percentage points in 2022-23 to 46.4% from 2011-12.

"The share price is crap. I know that's going to be a quote," Winters told reporters on a conference call in response to questions about the lender's valuation, which has fallen 4% in the year to date and 16% in the last 12 months.

Kazukuni Yamazaki, an 87-year-old investor and a former Nomura Securities employee, remembers there used to be a digital board showing stock prices on the first floor of his building.

Barclays unveiled a three-year plan to revive its share price, prioritizing profitable lending operations and reducing assets in the investment bank. The strategy update includes cost-cutting, job cuts, and a focus on the UK retail bank. Barclays aims for a return on tangible equity of over 12% by 2026.

The Reserve Bank of India (RBI) reduced its gold purchases in 2023, marking the lowest level since it began accumulating gold in 2017, due to a strong US dollar. By December 2023, the RBI's gold holdings increased to 25.84 million troy ounces, up from 25.32 million troy ounces a year earlier. This slight increase contrasts with previous years when larger quantities were added. The RBI's gold accumulation strategy, initiated in 2017, aimed to diversify its foreign exchange reserves.

Microsoft's shares have surged 7% so far in 2024, recently sending its stock market value above $3 trillion and dethroning Apple as the world's most valuable company. As of Friday, the Redmond, Washington software maker's market capitalisation was a few billion dollars above Apple's.

Shares of Nvidia and Advanced Micro Devices (AMD) jumped on Tuesday as investor optimism over the prospects of higher demand for artificial intelligence (AI)-powered chips prompted Wall Street analysts to hike their price targets for the semiconductor giants.

The company's shares dropped 1.7% to an eight-week low of $181.20 on Thursday. If the losses hold, Apple stands to lose $47.4 billion of its value for the day.

Budget 2024: In the face of global financial market turbulence, India's rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices. Forex reserves, standing at over $600 billion, fortify the RBI's ability to stabilize the rupee, marking a significant contrast to a decade ago when India was tagged among the 'Fragile Five' economies. Forecasts project a reduced CAD and stable rupee for the upcoming fiscal years.

South Korean shares slid 1.8%, Australia's resources heavy stocks declined 1.1%, while Hong Kong's Hang Seng index fell 1%, driven by a 1.5% plunge in technology shares.

Barclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommendations in at least two years, per LSEG data.

Barclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommendations in at least two years, per LSEG data. Apple has been grappling with a demand slowdown since early last year and has forecast holiday-quarter sales below Wall Street estimates. Its performance in China has also been a worry after the revival of local rival Huawei.

Oracle on Monday blamed supply constraints for the weak results, with CEO Safra Catz saying that demand for the company's generative AI and cloud infrastructure services was increasing at "an astronomical rate."

Managers at Barclays, led by Chief Executive C.S. Venkatakrishnan who is known within the bank as Venkat, are reviewing proposals to bolster its profitability. As part of these 1,500 to 2,000 jobs could be cut if implemented in full, the person said.

The report said Bharti Hexacom's valuation is likely to be pegged at Rs 20,000 crore and the listing process will likely be completed by early 2024.

​Overall consumer demand is also expected to come under pressure from tighter monetary conditions and lesser pull from rural India. However, high-end consumption is expected to provide some support. "Inequality is playing out. Wherever there has been recovery, it's either been heavily biased towards the more affluent and upper-middle tiers or where it has been mass-based, there has been downtrading," said Abheek Barua, chief economist, HDFC Bank.

Barclays is considering significant cost-cutting measures later this year due to competition for savers' money impacting its margins. Although the bank reported better-than-expected quarterly profits, it warned of a challenging outlook in its home market. Barclays shares fell almost 7% in response. The bank's CEO, C. S. Venkatakrishnan, stated that the company would seek efficiencies across various areas of the bank.

UniCredit climbed 1.8% as the Italian bank posted a bigger-than-expected annual rise of 36% in its third-quarter profit, helped by higher interest rates.

The Indian government plans to borrow ₹6.55 lakh crore in the second half of the financial year, remaining on track with its budget estimate. The borrowing will include a new 50-year security for the first time, and ₹20,000 crore will be raised through sovereign green bonds. Analysts believe this adherence to borrowing plans demonstrates fiscal prudence and should calm market nerves.

The company was on track to lose more than $30 billion in market value. The stock has risen around 50% this year on optimism the rise of generative AI would drive up cloud demand.

Unilever's Hindustan Unilever subsidiary is facing increased competition from small players in the FMCG sector in India. The company is focusing on volumes and price cuts to maintain market share. Local brands have been gaining market share from larger consumer product companies, but many were forced to shut down or scale back operations due to pandemic-related disruptions and inflation in raw materials.

European shares rebounded with the STOXX 600 up 0.2% after insurers surged following positive first-half results from Aviva and Admiral Group. Admiral Group's shares jumped 8.0% after posting a marginal rise in pre-tax profits. Aviva's shares rose 2.4% after the insurer recorded an 8% increase in operating profit for H1 2019.