-
Indian equity benchmarks recorded their strongest weekly gains in over a year, with the Nifty rising 8.58 per cent and Sensex gaining 8.82 per cent. Strong foreign inflows, domestic fundamentals and easing global concerns supported the rally.
-
Global shares tumbled after a Wall Street sell-off triggered by concerns over artificial intelligence stock valuations. Japan's Nikkei and South Korea's Kospi plunged 6 per cent, while European markets also declined amid growing uncertainty over the technology sector
-
Asian stocks mostly rose on Wednesday despite Wall Street losses, while oil slipped after UAE announced exit from OPEC. Investors tracked US-Iran tensions, Fed decision, and earnings. Regional indexes were mixed, with Hong Kong leading gains and Australia, Taiwan declining slightly
-
The price for a barrel of Brent crude, the international standard, leaped another 7.8% to $83.84. That's up from close to $70 less than a week ago
-
Shares of Block, Inc. surged over 20% after CEO Jack Dorsey announced 4,000 layoffs, citing artificial intelligence-driven efficiency. Investors welcomed the restructuring as the fintech firm reported strong quarterly profit growth
-
Indian equity markets surged in early trade, led by IT stocks tracking Wall Street gains. Sensex jumped 559 points and Nifty rose 157 points. Broad-based buying supported indices, though geopolitical tensions, firm crude prices and AI-related concerns kept overall sentiment cautious
-
Asian markets mostly fell Friday, tracking Wall Street losses amid investor concerns over AI disruptions impacting tech stocks. Tokyo, Hong Kong, Shanghai, and Australia saw declines, while South Korea’s Kospi gained. U.S. inflation data and tech earnings influenced global market sentiment
-
Indian equities opened lower as Sensex and Nifty slipped amid weak global cues, Asian market declines and cautious sentiment before US inflation data. IT stocks gained, auto and pharma lagged, while FIIs and DIIs turned buyers in early trade Thursday
-
AI-related stocks have been Wall Street’s biggest stars in recent years, soaring on expectations that big spending will only continue to grow. China’s DeepSeek busted that
-
The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.
-
First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank
-
Los Angeles: At a time when Wall Street doesn’t have much good news coming out of it, Goldman Sachs predicts a booming decade for the music industry, with total music revenue to double to about $131 billion by 2030, says ‘Variety’. The investment banking and financial services company’s annual ‘Music in the Air’ forecast predicts […]
-
Rising prices reflect growing economic activity after last year's global shutdown to fight the coronavirus pandemic.
-
Di Modica installed the bronze bull sculpture in New York's financial district without permission on the night of December 16, 1989.
-
The moves came after data showed US retail sales rose more than expected last month.