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WALL STREET PERFORMANCE
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...- Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
- OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
- SpaceX shares surge 35% after lockup expiration, defying Wall Street fearsSpaceX shares have surged significantly after a major lockup expiration. Early investors were permitted to sell millions of shares on Augus...
- Honasa Consumer shares jump 4% after record Q1; Jefferies, Emkay forecast strong upsideHonasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue grew 27% to ₹756 crore and EBITDA jum...
- Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in yearsInvestor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, I...
- PMS Tracker: Amaltas, Pluswealth Capital, Emkay, 7 others deliver up to 11% returns in JulyMulti-cap and flexi-cap PMS strategies dominated July’s top performers, with six of the 10 best portfolios gaining over 5%. Amaltas Strateg...
- Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
- In the 2nd century CE, Romans built a mysterious structure near the Colosseum decorated with sea creatures. Nearly 2,000 years later, its mosaic offered a surprising clue that it may have housed Rome's firefightersBeneath the ancient soil of Rome’s Caelian Hill, just steps from the iconic Colosseum, archaeologists stumbled upon a stunning two-thousand...
- Top 5 stock market lessons from legendary investor Peter Lynch that you should followLegendary investor Peter Lynch’s investing philosophy emphasises understanding what you own, conducting thorough research and focusing on a...
- Global Market | Europe's STOXX 600 ends week at all-time high on earnings support, soft US jobs dataOn Friday, Europe's STOXX 600 index marked its fourth consecutive record closing, driven primarily by technology stocks that mirrored the s...
- US stocks: US stocks rise as surprise payrolls decline cools rate-hike fearsUS stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic d...
- Lyft posts record bookings, but higher promotions fuel profit missThe ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain g...
- Thomson Reuters lifts full-year revenue forecast with focus on AI rolloutThomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnes...
- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- McDonald's names company veteran as new US head after sales missMcDonald's replaced its U.S. business head after missing sales growth expectations. Skye Anderson, a company veteran, now leads McDonald's ...
- McDonald’s Q2 profit rises despite slowdown in US sales growthMcDonald’s posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers curbed spendi...
- Amazon hits $3 trillion market valueAmazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to a...
- Quote of the Day by Michael Douglas: “I've never been one to carefully calculate my career decisions, to… – Inspiring lessons on passion, purpose, confidence, risk-taking and why you should trust your instincts by the American actor known for his powerful performances and deep insights on life and ambitionQuote of the Day by Michael Douglas: Michael Douglas’ quote, “I've never been one to carefully calculate my career decisions, to sit on the...
- US Stock Market: Wall Street braces for jobs data, earnings as markets seek fresh directionInvestors await crucial July employment data and corporate earnings reports this week. Markets are navigating geopolitical tensions and int...
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