India's SBI Cards and Payment Services reported a surprise 11% rise in fourth-quarter profit on Friday as higher retail spending more than made up for a rise in bad loans. The company's profit after tax rose to 6.62 billion rupees ($79.4 million) for the January-March period from 5.96 billion rupees a year earlier. Analysts were expecting a profit of 5.61 billion rupees, as per LSEG data.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
About one in five samples of commercial milk in the U.S. tested positive for traces of bird flu in a national survey, with a greater proportion coming from areas with infected herds, the U.S. Food and Drug Administration said. Eight states in the U.S. have confirmed cases of bird flu in dairy cattle, according to the U.S. Department of Agriculture.
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