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SANDISK SHARE REPURCHASE PROGRAM
Market Reaction: Sandisk's AI momentum continues, but forecast leaves Street wanting more
Sandisk forecasts upbeat quarterly revenue on AI-driven demandSandisk anticipates higher quarterly revenue, fueled by robust demand for AI data center memory chips. The company is now prioritizing long...
Earnings from unexercised ESOP buyback is LTCG, not pay perk: ITATThe Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's rep...
Global Market Today: Asian stocks drop as AI rally pauses, oil dipsAsian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell sli...
Tips Music announces Rs 44 crore buyback at 12% premium. Check detailsTips Music has announced a Rs 44.5 crore share buyback initiative, offering a premium exceeding twelve percent on equity shares. This marks...
Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...
Global Market: HSBC H1 profit jumps 23%, beats estimates on strong wealth, interest incomeHSBC Holdings reported a stronger-than-expected 23% rise in first-half pretax profit, driven by higher net interest income and robust growt...
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...
Democratic states sue Trump over sharing welfare data with immigration authoritiesDemocratic-led states have sued the Trump administration to block a new policy. This policy allows federal immigration authorities access t...
US stocks: US market starts the month strong as Mideast deal hopes riseMajor US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now pre...
Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysAschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...
Ex-OpenAI employee's hedge fund Situational Awareness hit by AI stock rout; seeks fresh fundingSituational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...
Vertiv shares crash 14% in pre-market after Q2 revenue misses estimatesVertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre ...
Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
SanDisk Selloff Explained: Why investors are moving away from the memory chip giant