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₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?Indian IT stocks experienced a notable market value recovery of approximately ₹3.87 lakh crore in October. Foreign investors invested aroun...
Larry Ellison’s borrowing strategy: why the Oracle (NYSE: ORCL) billionaire is using his shares to fund a media dealLarry Ellison is using Oracle shares as security for loans to help fund a media deal linked to his son, David, instead of selling $7.5 bill...
Warren Buffett warned about stock valuations but Berkshire Hathaway is aggressively purchasing stocksWhile Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CE...
Jefferies’ Chris Wood says it’s time to diversify beyond AI. Where should investors look now?Jefferies’ Chris Wood is urging investors to diversify beyond AI as earnings growth for global AI stocks is expected to slow sharply and va...
Orthodontist Jim Woods invested $65,000 in Nvidia in 2000; by 2024, his stake had reached $15 millionIn 2000, Jim Woods was working full-time as an orthodontist. That same year, he placed $65,000 into Nvidia, then a relatively young tech co...
Rising borrowing costs signal funding risks for global AI expansion: Jefferies reportAs the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Co...
Rising borrowing costs signal funding risks for global AI expansion: ReportFinancial markets are facing elevated credit risks, particularly for firms operating in the artificial intelligence infrastructure sector. ...
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, HDFC Bank, Groww, and 32 others in SeptemberSunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September...
US stocks: Nasdaq slides toward one-month low as AI selloff deepens, inflation pressures buildOn Thursday, the Nasdaq index fell sharply, hitting near a near-month low amid rising concerns about how increasing interest rates might im...
Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits two-week lowEmerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and...
D-St set for a cautious opening as GIFT Nifty signals muted startBenchmark indices faced a volatile session due to profit booking and investor caution before US inflation data. Analysts indicated that the...
US Stock Market: Why have S&P 500, Dow Jones, Nasdaq suffered worst day since July at Wall Street?US stock Market today: Much of Wall Street’s pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth an...
US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worriesUS inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasd...
US stocks: AI shares tumble up to 16%, erasing $80 billion as hot US inflation fuels rate fearsAmid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 bil...
AI investors or casino gamblers? What Broadcom CEO Hock Tan said that sparked sharp global AI selloffGlobal AI stocks plunged after Broadcom CEO Hock Tan warned that investors are treating artificial intelligence like gambling, raising conc...
Warren Buffett was just 11 when he made this investing mistake: ‘I decided from there on…’Warren Buffett bought his first stock at 11, purchasing three shares of Cities Service Preferred at US$38 each. He sold them at US$40 for a...
OpenAI revenue shock sends Nvidia, Oracle and CoreWeave stocks lower today. Here's what happenedOpenAI’s annualized revenue reached about $50 billion at the end of September, nearly $20 billion below earlier reports. The update sent Nv...
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weighUS stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...
Mastek shares defy weak markets, gain 3% after Staffordshire County council picks company for Oracle Cloud transformationMastek shares witnessed an uptick on Thursday despite weak market sentiment after its UK subsidiary was selected by Staffordshire County Co...
Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sectorOracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...