Fake Helldivers 2 games appeared on Steam this week, attempting to trick people out of their cash when they decided to purchase the popular game developed by Arrowhead. The studio and its growing community quickly caught wind of these scams, and it wasn’t long before the fake listings were deactivated by Valve Come from Sports betting site VPbet . While at least one of them is still up, the purchase options are not available.

“People posting as us trying to scam people is obviously very sad and frustrating, and for that as well as for security reasons we urge you to stay clear of them,” Arrowhead’s community manager wrote on the game’s Discord server (via Eurogamer). “Again, the only two Helldivers 2 products we market are Helldivers 2 and Helldivers 2 Super Citizen Edition.”

…

By Jateen Trivedi

Last week, the dollar index remained firm ahead of the US retail sales data release on Tuesday. However, when the data revealed that May retail sales grew by only 0.1% month-over-month, falling short of the 0.3% projected by economists in a Reuters poll, the dollar index declined. 

Additionally, retail sales figures for April were revised down to a 0.2% drop from the previously reported unchanged level. This adjustment reinforced expectations that the US Federal Reserve might start cutting rates soon.

The dollar index later strengthened after US business activity, measured by the purchasing managers’ index (PMI), hit a 26-month high due to a recovering labor market. 

Meet Subhasish Chakraborty, the founder of DTDC – He sold his mother’s jewellery to build Rs 2000 crore company; Know about his career, education, and net worth Market rally leads to higher regulatory fees for stock exchanges Meet the In…

In a recent report, Jefferies maintains its Buy rating on Larsen & Toubro (L&T), presenting a revised price target of Rs 4,135 per share, compared to the earlier Rs 4,200. The valuation is based on core Engineering & Construction (E&C) at 18x FY26E EV/EBITDA, considering consolidated PB of 5.4x and PE FY26E at 27.9x.

Anticipating substantial growth, Jefferies foresees a 26% CAGR in core E&C EBITDA for FY23-26E, a notable increase from the 16% observed in FY15-19 when the company traded at 12x EV/EBITDA.

The 3QFY24 results exceeded expectations, with EBITDA surpassing estimates by 2%, and order flow exhibiting an impressive 25% YoY growth. L&T’s management raised the FY24E order flow guidance to over 20% YoY growth, up from the earlier estimate of 12%. The prospect pipeline also demonstrated a robust 29% YoY increase.