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The future of AI may be small, cheap and unprofitable: Joachim KlementA groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust ...
Sensex trades flat, Nifty below 24,050 as markets snap gaining streak after Fed’s hawkish signalIndian stock market is trading lower as Sensex and Nifty snap a four-session gaining streak after a hawkish US Federal Reserve tone raised ...
Japan's Nikkei closes at record high near 70,000 on AI boostJapan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easin...
SpaceX heads toward fourth day of gains since record IPOSpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has surpassed Amazon in market value, be...
US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decisionTechnology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive...
Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year highJapan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 ...
Japan's Nikkei hits 70,000 for the first time after BOJ rate hikeJapan's Nikkei stock index reached an all-time high today. This surge followed the Bank of Japan's widely anticipated interest rate hike. T...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...
World's hottest stock market turns focus to MSCI momentSouth Korea's stock market is nearing a significant milestone. Investors are watching for a potential upgrade to developed-market status by...
AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
South Korea’s world-beating stock market eyes its MSCI momentNow investors are awaiting MSCI Inc.’s annual market-classification review on June 23, when the index provider will decide whether Korea fi...
FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerThe IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platf...
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerSpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other ...
SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offeringsSpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coine...
Retail investors build big dreams on small slices of SpaceXSpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Ma...
Wall Street Week Ahead: Newly led Fed poses wildcard for rockier US indexesInvestors are closely watching the Federal Reserve's first meeting under new Chair Kevin Warsh amid concerns that interest rate hikes to co...
US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources sayIn light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The S...
Adobe CFO exit fans strategy worries despite outlook raiseDurn's exit comes only three months after long-time CEO Shantanu Narayen decided to step down, leaving the company's trajectory uncertain ...