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SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
Why 36.6% of Americans earning over $500,000 a year still live paycheck to paycheck, and what Goldman Sachs’s new survey says about lifestyle costsHalf a million dollars a year should feel comfortable, but it often does not. Goldman Sachs surveyed 5,106 people aged 45 to 75 and found 3...
Copper supply crunch could push prices higher as new mines take over 16 years to develop: Goldman SachsGoldman Sachs Research warns that declining discoveries, lower ore grades and rising development costs are creating a structural constraint...
Copper stays range bound as US tariff uncertainty, oil inflation risks weighCopper prices remained range bound as uncertainty over potential US tariffs and inflation risks from higher oil prices kept traders cautiou...
Hedge funds retreat from tech at fastest pace in a decade as AI trade weakensHedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt...
AI stocks rebound as CoreWeave jumps on Goldman Sachs upgradeAI stocks rebound after last week’s sharp selloff, with semiconductor stocks leading the recovery. CoreWeave gains after Goldman Sachs upgr...
Zetwerk IPO subscribed 3 times, retail portion falls shortIndustrial and consumer goods manufacturer Zetwerk counts wind turbine maker Siemens Gamesa, Acer India, NTPC Renewable Energy, and the Ind...
- US stocks: S&P 500 muted as AI concerns hit chip stocks; bank gains lift Dow
The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stoc...
Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
Jio Platforms files red herring prospectus for India’s biggest public issueJio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh...
Novo Holdings, GIC, Axight look to back AIG Hospitals; Founders aim to pare 10-12% stake at Rs 24,000 cr valuationNovo Holdings and GIC are discussing investing Rs 2,000-2,500 crore in AIG Hospitals based in Hyderabad. The investment reflects a growing ...
BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPOThe Bengaluru-based company allotted 149.1 million equity shares at Rs 151 apiece, the upper end of its IPO price band of Rs 143-151, accor...
Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for int...
Global Market Today: Asian shares slide as chip stocks tumble; investors eye US earnings, CPIThe MSCI Asia Pacific Index declined 0.3% with equities in South Korea slipping over 3%. That came after a US gauge of chipmakers fell 2.7%...
Zetwerk weighs nearly Rs 5,000 crore IPO next week: ReportZetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. ...
Alphabet's Waymo secures $5 billion term loan to accelerate expansionPIMCO, Blackstone and Sixth Street participated as lead syndicated lenders, while Capital Group, Loomis Sayles and T. Rowe Price were signi...
Life Lessons from John Waldron: Ex-youth athlete, who once faced rejections due to weak mathematics, accounting skills, may hold one of most influential posts at Wall Street giantJohn Waldron joined Goldman Sachs in 2000, roughly a year after David Solomon's arrival. Earlier, Waldron spent part of his early career at...