SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive inve ...More

SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nasdaq's relaxed entry criteria, making it easier for companies like SpaceX, despite recent losses, to enter major indices. While some see it as a positive sign of demand, others, like Morningstar, express concerns about the stock's valuation. S&P 500, however, maintains stricter entry rules for SpaceX. ...Less

US stock exchanges Nasdaq and NYSE plan a rare joint opening bell from the Oval Office next week to promo ...More

US stock exchanges Nasdaq and NYSE plan a rare joint opening bell from the Oval Office next week to promote Donald Trump’s new child investment scheme, Trump Accounts. The program offers $1,000 seed funding for eligible US children, aiming to boost early investing awareness and participation among families nationwide efforts ...Less

Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spendi ...More

Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher. Investors reacted to fresh economic data showing rising inflation and a robust GDP growth. Despite strong earnings from chipmakers like Micron, worries about the Federal Reserve's next move persisted, influencing market sentiment. ...Less

S&P 500, Dow Jones, Nasdaq of U.S. Stock Market will look to start the week on a positive note on Monday. ...More

S&P 500, Dow Jones, Nasdaq of U.S. Stock Market will look to start the week on a positive note on Monday. ...Less

US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sen ...More

US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, with Nasdaq rising over 2%. Investors also focused on upcoming earnings season, while Comcast, SpaceX and Alphabet added momentum to the broader market rally. ...Less

Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, fa ...More

Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel sectors. The Dow Jones Industrial Average, however, finished higher. Homebuilders also experienced a significant surge. Investors are now keenly awaiting inflation data for clues on the Federal Reserve's next move. ...Less

S&P 500, Dow Jones and Nasdaq today June 29: The US stock market started the shortened trading week with ...More

S&P 500, Dow Jones and Nasdaq today June 29: The US stock market started the shortened trading week with solid gains as the Dow Jones closed above 52,000 for the first time. The S&P 500 and Nasdaq also advanced, supported by strong technology stocks led by Alphabet and semiconductor companies. ...Less

Wall Street's indices surged on Monday, lifted by a decrease in Middle East tensions and Comcast’s intent ...More

Wall Street's indices surged on Monday, lifted by a decrease in Middle East tensions and Comcast’s intention to divide into two separate firms. While investors exude cautious optimism amidst ongoing diplomatic developments, regional conflicts still loom large. Anticipation for upcoming earnings reports and uncertainty around AI expenditures contribute to market fluctuations, keeping traders on alert for possible Federal Reserve rate changes. ...Less

Indian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Me ...More

Indian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Memory chip giants Micron and Qualcomm's strong forecasts for AI demand have reignited optimism, with both stocks soaring in pre-market trading. Investors are keenly awaiting US inflation data later today, hoping it supports the current rally and eases concerns about rising interest rates. ...Less

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose m ...More

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns. ...Less

SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in mark ...More

SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the stock below its listing price. Concerns over valuation, debt-funded AI expansion and broader technology sector weakness have weighed on investor sentiment despite the company's anticipated Nasdaq-100 inclusion. ...Less

US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet ...More

US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI spending. The Dow, however, edged higher, supported by healthcare and industrial gains. Falling oil prices offered some relief, but a hawkish Federal Reserve stance and upcoming inflation data are keeping investors cautious about future rate hikes. ...Less

SpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyw ...More

SpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyweight chipmaker Nvidia recently traded at 21 times sales. ...Less

Indian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed ...More

Indian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are now scrutinizing the elevated valuations of these companies and the substantial investments being poured into Artificial Intelligence. The Dow Jones, S&P 500, and Nasdaq Composite all opened lower, signaling a cautious sentiment among traders as the quarter concludes. ...Less

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over ...More

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semiconductor stocks experienced significant declines, fueled by investor concerns over debt-fueled AI spending and anticipation of a more hawkish stance from the U.S. Federal Reserve. Traders are now pricing in a higher likelihood of a second interest rate hike by December. ...Less

The company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a s ...More

The company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which ⁠received ⁠U.S. bankruptcy court approval for a restructuring in November 2023. ...Less

Cargo drone startup Elroy Air is set to go public in the US through a $1 billion merger with blank-check ...More

Cargo drone startup Elroy Air is set to go public in the US through a $1 billion merger with blank-check firm Columbus Circle Capital Corp II. This strategic move, expected to yield at least $165 million, will fuel Elroy Air's development of autonomous heavy-cargo drones for defence and logistics. ...Less

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday w ...More

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-Iran negotiations, ...Less

Wall Street’s main indexes moved higher on Thursday, led by technology stocks after upbeat forecasts from ...More

Wall Street’s main indexes moved higher on Thursday, led by technology stocks after upbeat forecasts from Micron and Qualcomm reignited optimism around artificial intelligence. Investor sentiment was also supported by encouraging economic data, which reinforced confidence in the broader market outlook. ...Less

Indian markets saw a subdued start on Wednesday, following two days of losses. Technology stocks showed s ...More

Indian markets saw a subdued start on Wednesday, following two days of losses. Technology stocks showed signs of recovery after a significant downturn earlier in the week. Investors are now keenly awaiting the earnings report from chipmaker Micron, which is expected to provide further direction for the market. The Dow Jones Industrial Average experienced a slight dip, while the S&P 500 saw a marginal gain at the opening bell. ...Less

Wall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that ...More

Wall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that valuations may be entering bubble territory. This was in part caused by Elon Musk's rocket company SpaceX seeing its valuation drop from its IPO-day highs this week, pointing to a rockier landing zone for blockbuster public offerings on Wall Street. ...Less

Indian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as inve ...More

Indian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Federal Reserve's potential hawkish stance. Concerns over escalating debt-fueled spending on artificial intelligence also weighed on sentiment, particularly impacting technology and semiconductor stocks. This cautious approach signals a watchful period for investors. ...Less

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in ...More

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain hunters emerged, offering some support. This selloff, attributed to concentrated trading and shifting sentiment rather than AI fundamentals, highlights the volatility in the tech sector, especially for newly public companies like SpaceX. ...Less

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI benefici ...More

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as investors re-evaluated high valuations amid escalating AI spending. This correction, also affecting broader tech, signals growing caution about the speed of returns from massive AI investments, prompting some to secure profits. ...Less

Technology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in K ...More

Technology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised concerns about the sustainability of the AI-driven market surge. Nvidia and Micron were among the biggest decliners. This dip, triggered by reports of SK Hynix slowing AI chip expansion, has investors reassessing valuations and demand for AI infrastructure, prompting a cautious approach despite underlying optimism for a swift recovery. ...Less

South Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming t ...More

South Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This move capitalizes on strong investor demand for AI stocks, with the memory chip giant seeking to expand its capacity and gain access to U.S. investors. The company, a key supplier to Nvidia, has seen its shares surge this year, outperforming rivals. ...Less

SpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion i ...More

SpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering. ...Less

A sharp rise in AI infrastructure spending has catapulted many tech stocks in the US to huge returns over ...More

A sharp rise in AI infrastructure spending has catapulted many tech stocks in the US to huge returns over the past 12 months. Technology accounts for almost all of the top gainers on the Nasdaq in this period, and all are direct beneficiaries of the AI boom. ...Less

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% ...More

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction. ...Less

Japan's Nikkei share average surged on Tuesday, driven by a strong rebound in technology stocks. The benc ...More

Japan's Nikkei share average surged on Tuesday, driven by a strong rebound in technology stocks. The benchmark index closed at 70,062.32, marking its sharpest quarterly gain in decades. Despite mixed market breadth, semiconductor and AI-related shares led the advance. This positive movement mirrored overnight rallies in U.S. markets, fueled by easing geopolitical tensions and renewed tech sector optimism. ...Less

Technology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Avera ...More

Technology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive record close. Investors digested Monday's rally and anticipated the Federal Reserve's policy update, with oil prices also declining. Financials and industrials saw gains as investors rotated out of tech. ...Less

U.S. Stock Market indexes S&P 500, Nasdaq were set for a positive opening on Wednesday while Dow Jones ma ...More

U.S. Stock Market indexes S&P 500, Nasdaq were set for a positive opening on Wednesday while Dow Jones may witness volatile trading today. ...Less

ITG, a digital infrastructure company backed by Oaktree Capital and ITG Holdings, plans to raise up to $4 ...More

ITG, a digital infrastructure company backed by Oaktree Capital and ITG Holdings, plans to raise up to $429 million in a US IPO. The offering highlights continued investor focus on digital infrastructure assets, including data centres, network connectivity and AI-related infrastructure, as demand for cloud computing and artificial intelligence services expands globally. ...Less

Around 10 equity mutual funds delivered returns of over 25% in the first half of 2026, with Nippon India ...More

Around 10 equity mutual funds delivered returns of over 25% in the first half of 2026, with Nippon India Taiwan Equity Fund more than doubling investors' money. The top performers were largely international and thematic funds, while technology-focused schemes dominated the list of worst-performing equity mutual funds during the period. ...Less

Wall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optim ...More

Wall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle East peace deal helped to overshadow concerns about a hawkish Federal Reserve under new Chair Kevin Warsh. The Dow, S&P 500, and Nasdaq all opened higher. ...Less

Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy ...More

Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570 billion in value. Weak Azure growth and high capital expenditure outlook weighed on sentiment, though some investors see value at lower valuations. ...Less

U.S. Stock Market on Monday: Nasdaq, Dow Jones, S&P 500, Russell 2000 will have a big day as investors ma ...More

U.S. Stock Market on Monday: Nasdaq, Dow Jones, S&P 500, Russell 2000 will have a big day as investors may finally get details about the reopening of Strait of Hormuz and the end of U.S.-Iran war. ...Less

Indian markets surged on Monday, with the Nifty closing higher, buoyed by positive US-Iran talks, falling ...More

Indian markets surged on Monday, with the Nifty closing higher, buoyed by positive US-Iran talks, falling crude prices, and strong global sentiment. Value buying in IT stocks and reduced market volatility also contributed to the rally. Analysts anticipate a continued positive outlook for Indian equities, driven by ongoing diplomatic progress and stable energy prices. Investors are advised to watch key technical levels as volatility may persist. ...Less

U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, a ...More

U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 per cent. Nvidia’s climb of 3.5 per cent. ...Less

SK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US list ...More

SK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valuations and greater foreign investor participation. The company plans to use the proceeds to expand capacity and acquire advanced chipmaking equipment. Rival Samsung also gained after Micron issued a strong sales forecast, lifting Korea’s Kospi index. ...Less

Cognizant Technology Solutions will be removed from the Nasdaq-100 index on June 22 after more than two d ...More

Cognizant Technology Solutions will be removed from the Nasdaq-100 index on June 22 after more than two decades. The reshuffle sees AI-focused firms like Astera Labs and CoreWeave added, reflecting a market shift towards AI and semiconductor companies. This change follows a significant drop in Cognizant's stock value over the past six months. ...Less

Asian stocks surged to their best quarterly gain in 17 years, mirroring Wall Street's tech-led rally. The ...More

Asian stocks surged to their best quarterly gain in 17 years, mirroring Wall Street's tech-led rally. The Japanese yen hit a four-decade low against the dollar, sparking concerns about market intervention. Global equities are poised for a strong quarter, with investors now awaiting US-Iran talks and crucial US jobs data for clues on future interest rate policy. ...Less

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added ...More

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added the company, while S&P 500 held back, highlighting differing approaches to growth versus conservatism. This divergence could impact investor returns as more AI giants prepare to list, raising questions about market representation and risk management. ...Less

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee ...More

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline. ...Less

European markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando ...More

European markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German probe into its accounts, impacting the retail sector. Investors grappled with AI's uncertain impact on tech, while chipmakers saw declines. Despite the dip, the STOXX 600 managed modest weekly gains, buoyed by easing oil concerns and Europe's lighter tech exposure. ...Less

US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers project ...More

US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later this year. New Fed Chair Kevin Warsh emphasized taming inflation, shifting sentiment from expected rate cuts. This hawkish tilt led to significant market declines across major indices. ...Less

Indian investors are keenly watching US jobs data this week for economic health and interest rate cues. T ...More

Indian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers, are under scrutiny amid valuation concerns. Strong hiring could mean higher rates for longer, impacting equities. Geopolitical events in the Middle East also remain a key focus, influencing oil prices and inflation. ...Less

US financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend ...More

US financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observance advanced the quarterly "triple witching" derivatives expiration to Thursday, June 18. The compressed schedule led to heightened trading activity as investors adjusted positions before the holiday break. ...Less

Italian tech firm Bending Spoons is gearing up for a significant U.S. IPO, aiming to raise up to $1.62 bi ...More

Italian tech firm Bending Spoons is gearing up for a significant U.S. IPO, aiming to raise up to $1.62 billion. This move, potentially one of the largest by a European company this year, could value the software acquirer at $19 billion. The company, which recently reported strong net income growth, plans to debut on Nasdaq in early July, signaling a resurgence in tech IPOs. ...Less

U.S. stock indexes opened higher on Wednesday, with chip stocks rebounding ahead of the Federal Reserve's ...More

U.S. stock indexes opened higher on Wednesday, with chip stocks rebounding ahead of the Federal Reserve's first interest rate decision under new Chair Kevin Warsh. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains in early trading. ...Less

SK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to ...More

SK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile and shareholder base. The company's strong performance, driven by AI demand, makes Nasdaq an attractive choice. Analysts believe Nasdaq's tech focus and passive fund flows will benefit SK Hynix. ...Less

Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna ...More

Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the long-term potential of AI against concerns about the substantial investment required for data centers. Inflationary pressures, fueled by energy prices and chip costs, remain a concern, impacting companies like Apple and prompting discussions about potential interest rate hikes. ...Less

Global markets are showing cautious optimism as US and Iran reportedly step back from further conflict es ...More

Global markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in Qatar. While Asian shares dipped, US equity futures climbed. However, rising oil prices and lingering inflation concerns are keeping investors on edge, despite hopes for a lasting peace and a strong tech sector performance this quarter. ...Less

The Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid ...More

The Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid optimism for a U.S.-Iran peace deal. Meanwhile, SpaceX's market value surged past Amazon's, positioning it as the fifth most valuable U.S. company. The S&P 500 saw a slight gain, while the Nasdaq Composite experienced a minor loss. ...Less

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record ...More

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments and derivatives activity are straining bank capacity, pushing up financing expenses. This trend, particularly concentrated in tech and semiconductor stocks, raises questions about the sustainability of the current rally, even as the broader Treasury market remains stable due to regulatory changes. ...Less

SpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash bala ...More

SpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial position suggests the company is well-funded for its ambitious future plans, including further Starship development and its ongoing Starlink satellite internet expansion. ...Less

The consensus signals broad ⁠confidence ⁠in SpaceX's financial stability, as the company moves forward wi ...More

The consensus signals broad ⁠confidence ⁠in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push in a competitive market. ...Less

Electric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, s ...More

Electric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million. Despite past losses, the company boasts rapid revenue growth and a global presence. Uber, a key investor, plans to buy shares. This offering will test investor appetite for the industry, which faces regulatory and operational challenges. ...Less

Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex risi ...More

Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex rising 109 points to 77,100.47 and the Nifty gaining 34 points to 24,056 after giving up intraday gains. Sentiment stayed mixed amid profit booking, FII outflows and macro cues, while global equities ended weak. Markets were shut on Friday for Muharram. Analysts expect range-bound trade ahead. ...Less

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is ...More

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of lofty valuations, especially in the AI sector, as tech giants increasingly rely on debt for expansion. While chipmakers surge, the 'Magnificent Seven' face headwinds, creating market volatility despite positive economic fundamentals. ...Less

Macquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a si ...More

Macquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments of the AI ecosystem heat up and cool down over time. Global AI investment has surged to about $850 billion in 2026, far exceeding historical technology booms. ...Less

Indian markets bounced back strongly on Wednesday, with the Nifty closing over 24,000, fueled by renewed ...More

Indian markets bounced back strongly on Wednesday, with the Nifty closing over 24,000, fueled by renewed buying and falling energy prices. Brent crude dipped, easing concerns about the Strait of Hormuz. Despite a rise in market fear gauge, foreign institutional investors offloaded shares while domestic investors showed robust buying. The rupee also strengthened against the dollar. ...Less

Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures re ...More

Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI spending and potential interest rate adjustments by the Federal Reserve. ...Less

Digital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market d ...More

Digital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as $429 million. The company, which supports broadband network construction and maintenance, is capitalizing on strong AI-driven demand and a busy summer for IPOs. ITG's services are crucial for high-speed connectivity, with major clients like Comcast and Charter Communications contributing significantly to its revenue. ...Less

Options trading on SpaceX is expected to begin as early as Tuesday, giving investors new ways to hedge, s ...More

Options trading on SpaceX is expected to begin as early as Tuesday, giving investors new ways to hedge, speculate, and gain leveraged exposure to the stock following its blockbuster IPO. The move comes after SpaceX shares surged over 25% on their Nasdaq debut, pushing the company's valuation above $2 trillion. Analysts expect heavy options activity from both retail and institutional investors, with traders likely to bet on the stock's volatility while existing shareholders use options to manage risk. ...Less

Upcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and sto ...More

Upcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for tech shares. While major indexes are set for a solid first half, recent volatility in semiconductor stocks highlights investor concerns about AI-driven profits and overheated markets. Inflation remains a key focus for the Federal Reserve, with a hawkish stance suggesting rate hikes are back on the table. ...Less

Mukesh Ambani's Reliance group is set to significantly boost its market presence, potentially holding nea ...More

Mukesh Ambani's Reliance group is set to significantly boost its market presence, potentially holding nearly 7% of BSE's total market capitalization post-Jio Platforms' IPO. This move positions Reliance Industries and JioP as India's two largest companies by market value, surpassing major banks and telecom players. The combined RIL group market cap is expected to rival that of top financial institutions, highlighting a substantial value creation for investors. ...Less

U.S. Stock Market today: Micron Technology shares ⁠moved higher in premarket trading on Monday. AI-driven ...More

U.S. Stock Market today: Micron Technology shares ⁠moved higher in premarket trading on Monday. AI-driven optimism has supported Wall Street's recent rally. ...Less

Indian markets experienced profit booking after a significant rally, influenced by fluctuating crude oil ...More

Indian markets experienced profit booking after a significant rally, influenced by fluctuating crude oil prices and foreign investor sentiment. Analysts anticipate a sideways trading range with a slight downward bias due to global uncertainties and ongoing foreign outflows. The Nifty found support at a key trendline, suggesting potential near-term recovery, while the India VIX saw an uptick, indicating increased market apprehension. ...Less

Asian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI tr ...More

Asian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI trade confidence. The chipmaker's shares jumped significantly after projecting robust future demand, easing concerns for regional bourses. This optimism, coupled with falling oil prices, provided much-needed relief. Investors are also watching the dollar's strength and Treasury yields, which have seen notable shifts. ...Less

Indian stock markets showed resilience on Wednesday, with Sensex and Nifty recovering from previous losse ...More

Indian stock markets showed resilience on Wednesday, with Sensex and Nifty recovering from previous losses. Trent shares surged, leading the gains. While broader markets dipped, IT and Pharma sectors saw modest gains. Analysts noted global tech stock volatility but highlighted India's steady growth and easing crude oil prices. However, concerns over a deficient monsoon are emerging, potentially impacting rural demand and corporate profits, prompting portfolio adjustments. ...Less

A fierce talent war is raging in the AI sector, with tech giants like Google facing significant researche ...More

A fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and Anthropic. This exodus has impacted Google's market value, highlighting the intense competition for top AI minds. Prominent figures, including co-authors of groundbreaking AI papers, are switching allegiances, reshaping the landscape of artificial intelligence development. ...Less

SpaceX’s expected entry into the Nasdaq-100 could give Indian investors indirect exposure through Nasdaq- ...More

SpaceX’s expected entry into the Nasdaq-100 could give Indian investors indirect exposure through Nasdaq-linked mutual funds. Jefferies says recent rule changes may allow faster index inclusion, potentially triggering passive fund buying. India currently has five Nasdaq-100 index schemes, though overseas investment limits have restricted fresh inflows into several global fund offerings. ...Less

Indian equities saw a positive start on Wednesday, with the Sensex and Nifty paring early gains due to pr ...More

Indian equities saw a positive start on Wednesday, with the Sensex and Nifty paring early gains due to profit booking. Analysts anticipate a gradual upward trend driven by easing geopolitical concerns and potential West Asia conflict resolution, further bolstered by declining crude oil prices. ...Less

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail invest ...More

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged products tied to AI chips and SpaceX, alongside financial engineering in crypto, led to rapid gains and equally swift losses. These products, designed for faster, more concentrated bets, are increasingly shaping market dynamics, bringing a casino-like element to trading and posing significant risks for unsophisticated investors. ...Less

SpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has su ...More

SpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has surpassed Amazon in market value, becoming the fifth-largest stock worldwide. This rally shows strong demand following its record IPO. Investors anticipate future IPOs from AI rivals. Key economic and geopolitical events are also on the horizon. ...Less

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting wo ...More

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustainability. South Korea's Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology's results for clues on AI infrastructure demand, with some strategists predicting further downside for the semiconductor sector. Meanwhile, oil prices dipped as tanker traffic visibility improved. ...Less

Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washingt ...More

Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middle East conflict and reopen the Strait of Hormuz. This development triggered a significant drop in crude oil prices, boosting investor confidence across the board. ...Less

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, acco ...More

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes significantly, he cautions that the AI business is nascent with uncertain economics and high costs. Damodaran warns against equating growth with value, emphasising that even compelling narratives must align with financial realities for sustainable investment. ...Less

Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket ...More

Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket and satellite communications company could have on other investors through its record-breaking $75 billion debut. ...Less

The company has successfully completed the cash tender offer, through wholly-owned subsidiary, Zara Merge ...More

The company has successfully completed the cash tender offer, through wholly-owned subsidiary, Zara Merger Sub Inc, for all the outstanding shares of common stock of Assertio Holdings Inc, Zydus Lifesciences said in a regulatory filing. ...Less

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic I ...More

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon Musk the world's first trillionaire. The rocket maker raised substantial funds, surpassing Saudi Aramco's IPO. Investors are watching closely as SpaceX aims for Mars and beyond, with Starlink driving its growth. ...Less

Global markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, si ...More

Global markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest rate risk. Political uncertainty in the UK also weighed on sterling. Investors are now keenly watching upcoming U.S. inflation data and central bank commentary for further clues on monetary policy direction, with markets pricing in a higher chance of a Fed rate hike. ...Less

SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly ...More

SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally, fueled by options trading and anticipation of index inclusion, saw the stock climb significantly from its IPO price. Despite remaining loss-making, investor focus remains on its space launch dominance, Starlink, and AI ventures. ...Less

SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks ...More

SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks the world's largest IPO. The company's listing is a significant event for Wall Street's trading infrastructure. Investors anticipate strong initial trading performance. SpaceX's valuation reflects Elon Musk's ambitious vision and its leading position in the space industry. ...Less

SpaceX is set to make history with the largest initial public offering ever, commencing trading on the Na ...More

SpaceX is set to make history with the largest initial public offering ever, commencing trading on the Nasdaq exchange on Friday. ...Less

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This p ...More

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This positive momentum was fueled by the RBI Governor's indication that further rate hikes are premature, coupled with a rebound in global equities. Key sectors like IT and private banking saw substantial gains, while a dip in oil prices and hopes for an India-US trade deal also bolstered investor confidence. ...Less

Indian markets saw a positive close on Friday. Hopes for a peace deal between Iran and the United States ...More

Indian markets saw a positive close on Friday. Hopes for a peace deal between Iran and the United States boosted investor sentiment. SpaceX's debut on the Nasdaq was a historic event, with its shares surging. Other space stocks saw a dip. Investors are now looking towards the Federal Reserve's upcoming policy meeting for rate hike signals. ...Less

Major US stock indices opened higher on Friday, driven by optimism for a Middle East peace deal. Investor ...More

Major US stock indices opened higher on Friday, driven by optimism for a Middle East peace deal. Investors also anticipated the historic market debut of Elon Musk's SpaceX, expected to be Wall Street's largest public listing ever. The Dow and S&P 500 saw gains, while the Nasdaq experienced a slight dip. ...Less

SpaceX shares indicated to open at $150 in Nasdaq debut vs IPO price of $135 per share. ...More

SpaceX shares indicated to open at $150 in Nasdaq debut vs IPO price of $135 per share. ...Less

SpaceX shares saw a sharp decline on Thursday, following a strong initial public offering. This dip comes ...More

SpaceX shares saw a sharp decline on Thursday, following a strong initial public offering. This dip comes as investors evaluate the company's ambitious AI expansion plans, including a major acquisition. The post-IPO excitement has cooled, leading to profit-taking. Other US space companies also experienced stock drops. SpaceX is preparing for a substantial bond offering to fund its growth. ...Less

SpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI dri ...More

SpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space startups are gaining traction, particularly in upstream capabilities, significant opportunities lie downstream. Tailoring services to India's unique context, like small landholdings and remote connectivity needs, presents the next frontier for growth and value creation. ...Less

SK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its ...More

SK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memory (HBM) chips crucial for AI systems. This remarkable turnaround, from near collapse two decades ago to a market leader, highlights the transformative impact of the AI boom on the semiconductor industry. The chipmaker's strategic focus on specialized HBM has propelled its shares to unprecedented heights. ...Less

Indian markets ended higher on Monday, snapping Friday's pause in momentum. Investors will track US-Iran ...More

Indian markets ended higher on Monday, snapping Friday's pause in momentum. Investors will track US-Iran developments, technical levels, sectoral trends, weekly expiry volatility and key stock-specific action on Tuesday. Banking, utilities and healthcare stocks remained supportive, while broader market sentiment stayed positive despite monsoon-related concerns. ...Less

NSE's upcoming IPO is set for a discount compared to its peer BSE. This valuation reflects slower growth ...More

NSE's upcoming IPO is set for a discount compared to its peer BSE. This valuation reflects slower growth in NSE's core business. BSE, however, is seeing strong performance. Its derivatives segment has seen significant revenue increases. Transaction income has also surged. This performance is driving BSE's premium valuation in the market. ...Less

Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the ...More

Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the aerospace giant on Friday, debuted on Nasdaq in the largest IPO ever, with its valuation surpassing $2 trillion. This blockbuster listing also propelled Musk to become the world's first trillionaire. ...Less

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billiona ...More

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023. ...Less

Investors are keenly watching Micron Technology's upcoming earnings report for crucial insights into the ...More

Investors are keenly watching Micron Technology's upcoming earnings report for crucial insights into the ongoing AI-driven stock market rally. Despite recent market jitters, the semiconductor sector's robust demand and significant spending on data centers are fueling optimism. This report will be a key indicator of whether the current surge in chip demand and related profits can sustain its impressive momentum, offering a vital pulse check for the market's AI-fueled ascent. ...Less

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to b ...More

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand. The company's stock saw significant gains following its market debut. This event marks a major milestone for SpaceX and Elon Musk's ventures. Investor interest was exceptionally high for this historic listing. ...Less