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Jane Street-backed Nebius Group surges 52% intraday after Microsoft pact; 1-year gains top 330%Nebius Group N.V. shares surged 52% on Nasdaq after announcing a multi-billion dollar AI infrastructure deal with Microsoft. The agreement ...- Gurugram B-school puts Rs 40 lakh in MBA students' hands to trade real marketsMasters' Union in Gurugram is pioneering a new approach to business education by launching a Rs 40 lakh student-managed trading fund. Begin...
- Time to pay in gold and silver? Zoho’s Sridhar Vembu urges reset of global trade amid Trump-led market meltdownZoho’s Sridhar Vembu has issued a stark warning on the fragility of the global financial system, likening it to a “house of cards” built on...
- BofA raises S&P 500 year-end target to 5,400BofA Global Research has lifted its year-end target for the S&P 500 index to 5,400, from 5,000 earlier, representing an upside of about 5% ...
- US parent of EbixCash files for bankruptcy after $617-million loan defaultThe Chapter 11 filing comes after the software services company for insurance and healthcare sector, founded by Indian origin businessman R...
- Wall Street moves sideways as investors look to FedThe central bank has vowed to remain agile with respect to economic data, which has shown signs that core inflation remains on its meanderi...
- US stock market: Wall Street ends down, investors step back after Fitch US rating cutFitch downgraded the United States to AA+ from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well ...
- Goldman upgrades oil demand outlook as market tempers growth pessimismA reduced recession risk and a strong effort by the Organization of the Petroleum Exporting Countries (OPEC) to push up prices support Gold...
- Wall Street Week Ahead: Relentless US stock rally faces Fed testWhile investors broadly anticipate the central bank will raise rates by 25 basis points at its July 26 meeting, many also hope for signs th...
- Citi sees global growth to slow below 2% in 2023Strategists at the brokerage cited continued challenges from the COVID-19 pandemic and the Russia-Ukraine war - which skyrocketed inflation...
- D-Street to Wall-Street: Investors bet on foreign cos via MFsMost major asset management companies offer mutual funds that invest in stocks listed abroad, including through fund of funds (FoF), exchan...
- New meme stocks swing as shorts and retail investors face off againStocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets fo...
- View: Why is BJP not bristling at what Facebook’s Ankhi Das has to say about BJP leaders and the BJP government?Facebook has steadfastly refused to accept the responsibility for content that a publisher, such as a mainstream news organisation or a new...
- WeWork considers dropping valuation below $20 billion: Dow JonesEarlier this year, Goldman Sachs Group Inc. bankers were saying WeWork could soon become a $65 billion company.
- India replaces China as top retail destination in 2017: StudyAccording to India Retail Report 2017, over the past 12-15 months, 100 per cent cash and carry operations are gaining significance in India.
- Over 50 global retailers to enter India in 6 months, likely to open about 3,000 storesBrands like Korres, Migato, Evisu, Wallstreet English, Yogurt Lab and Monnalisa, many from the US and S'pore, will invest about $300-500mn.
- Internet activist group Anonymous hacks and defaces US Government websiteAnonymous also had files posted on the USSC website, under the names of US Supreme Court Judges, which it said contained sensitive informat...
- Hacking group 'Anonymous' says it won't shut down the internetAnonymous, a loosely knit group of hackers & hacktivists, have attacked govt and corporate websites to protest what they perceived was inju...
- Small-ticket finance and leasing companies do wellShares of small-ticket finance and leasing companies have been trading high over the past one week on hopes of wide profit margins, thanks ...
- IFC, KfW forge microfinance deal for AsiaWorld Bank’s private sector arm, International Finance Corporation (IFC), has entered into a strategic partnership with the German developm...
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