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Nuvama initiates coverage on KPR Mill and 2 other textile stocks, sees up to 35% upside. Here's whyNuvama Institutional Equities has initiated coverage on KPR Mill, Indo Count Industries and Sanathan Textiles with 'Buy' ratings, citing th...
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, ...
Jio Financial Services sets record date for dividend. Check detailsJio Financial Services set August 10 as the record date for its final dividend. The company reported significant year-on-year profit and re...
Maharashtra-based SME stock plunges 20% as MD gets shot, director taken in police custodyIn an exchange filing, GSM Foils said the firing incident took place in the Naikpada area in Vasai-Virar, located near Mumbai. After gettin...
Peter Lynch does not like the AI trade; here's why he says 'Know what you own'Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually b...
Apple set to lose nearly $500 billion in value after weak forecastApple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impa...
US stocks: US market ends higher as Amazon soothes AI jittersWall Street closed higher on Friday, driven by Amazon's strong quarterly report. The tech giant's results eased concerns about AI infrastru...
Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 yearsApple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are s...
US stocks: US market ends sharply higher, lifted by soaring MicrosoftWall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...
Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecastQualcomm's stock has seen a notable drop following its alert about escalating memory costs. Increased expenditures and rising prices are ex...
US stocks: US market advances as Microsoft results ease AI spending fearsUS stocks opened higher on Thursday morning. Microsoft's strong forecast eased investor concerns about AI spending. Major indices like the ...
Apple crosses $5 trillion market cap on Tuesday trading, becomes second company to achieve milestoneApple briefly crossed the $ 5 trillion market capitalization mark on Tuesday. The company reclaimed its position as the world's most valuab...
US stocks: S&P 500 ends higher as investors await tech earningsThe S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as inve...
Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing schemeApple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic milestone.
Apple briefly becomes second company ever to notch $5 trillion market valueIts shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 trillion. At a session high of $342.89, Apple's market v...
From AI boom to valuation worries: Why investors are rethinking big tech betsNvidia-led semiconductor stocks came under pressure as investors reassessed lofty AI valuations, concerns over infrastructure spending and ...
US stocks today: Nasdaq lags on angst over AI spending ahead of earnings reportsU.S. markets closed mixed as the Nasdaq declined on chip stock weakness driven by concerns over heavy AI spending, while the Dow rose and t...