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WALL OF RECEIPTS
South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...- SK Hynix surges 12% as US listing plan boosts valuation hopesSK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...
- Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
- Jane Street employees set to get $2.68 million payout after record revenue haulJane Street Group surged to the top of Wall Street with record trading revenue and $9.38 billion in compensation. Its unconventional struct...
- Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
- US stocks today: US markets plunge as Middle East concerns offset earnings optimismUS markets saw a dip as American stocks fell. Early gains vanished due to renewed worries about the Middle East conflict. This overshadowed...
- IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
- Committing nuisance just got expensiveIn a bold step towards enhancing public cleanliness, Delhi has upped the penalty for urinating in public to ₹500. This initiative is design...
- L&T bags 'large' order from Petronet LNG for Gujarat-based petrochemical plantLarsen & Toubro has secured a significant order, valued between Rs 2,500 to Rs 5,000 crores, from a joint venture of four oil and gas PSUs ...
- Infosys ADRs fall 7% in the opening trade, snap three-session winning streakAfter an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday ...
- Infosys ADR trading halted on NYSE after 40% surgeInfosys ADR Stock: The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys' American Depository Receipts (ADRs) after ...
- Wall of lies? V.A. reported fake cuts to DOGE while real pain hit veterans hardThe U.S. Department of Veterans Affairs (V.A.) faced scrutiny for falsely reporting cost savings to the Trump administration's DOGE task fo...
- Unilever's demerged ice cream entity to acquire 61.9 pc stake in Kwality Wall'sUnilever's Magnum HoldCo will acquire 61.9% of Kwality Wall's (India) Ltd following the demerger of Unilever's ice cream business. This acq...
- Elon Musk's DOGE caught inflating its success again as it deletes $4 billion from its 'wall of receipts': Key pointsIn its latest embarrassment, Elon Musk's DOGE has stealthily expunged all of the five largest items on the “wall of receipts” after the muc...
- DOGE's only public ledger is riddled with mistakesElon Musk's Department of Government Efficiency claims to have saved $55 billion through staff cuts and contract cancellations, but a New Y...
- Nasdaq jumps 3.3%, extending US stocks rally as Twitter surgesThe Dow Jones Industrial Average rose 2.8 percent to 30,316.32, while the broad-based S&P 500 jumped 3.1 percent to 3,790.93.
- MSCI’s new math may spark off big Street selloffMSCI considers both domestic shares and depository receipts for calculating FIF.
- Look sharpGovt finances are in dire need of repair as there is fall in direct tax receipts.
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