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Dollar treads water as Fed hike bets pared on benign US inflationThe dollar's advance stalled on Thursday after benign U.S. inflation data emerged. Traders pared back bets for a near-term Federal Reserve ...- Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
- Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
- Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
- BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unitBank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...
- US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
- Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...
- ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
- 25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
- 'Compulsive addiction to sanctions': Iran accuses US of being 'incapable' of pursuing diplomacyIran’s Foreign Ministry spokesperson Esmaeil Baqaei on Tuesday accused the US of being “addicted” to sanctions, saying Washington resorts t...
- North America saved its bison from extinction. Now scientists face a new threatBison numbers have recovered after near extinction, but genetic diversity is now a concern. Fragmented herds lack natural gene exchange, po...
- Europe's hot stock markets catch global investors' eyeEurope's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving econom...
- $20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on...
- America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
- M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
- Quote of the Day by Tyra Banks: 'You've got to learn to accept the fool in you...'- Inspiring life lessons on self-acceptance, confidence, and embracing imperfection by trailblazing American supermodel and TV personalityQuote of the Day by Tyra Banks: Tyra Banks teaches that true confidence stems from accepting all parts of ourselves. Embracing imperfection...
- Somebody will disrupt the market! Why JPMorgan CEO Jamie Dimon is raising alarm over high leverageJPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden ...
- AI can turbocharge India's growth despite job disruption: World BankArtificial intelligence can significantly boost developing economies' growth before the decade ends. India leads AI adoption, benefiting fa...
- Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...
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