Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever. Oil prices were largely flat after spending most of the day in the red on concerns over
Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross? Coupang stock price
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors. The 30-stock index gained 114 points, or 0.2%, while the S&P 500 slipped 0.1% and the Nasdaq Composite declined 0.3%. Broadcom fell 6% despite beating fourth-quarter expectations and issuing a strong
China is tightening access to Nvidia’s most advanced AI chips even as the US approves exports. Microsoft is making a record $17.5B bet on India’s AI future, and Australia has imposed an unprecedented nationwide social media ban for teens. Meanwhile, Bitcoin is surging ahead of the Fed’s decision, setting the stage for a volatile week
Global markets opened on Wednesday on a cautious note as investors balanced major corporate developments with heightened macroeconomic uncertainty. SpaceX’s push toward what could become the largest initial public offering in history, alongside muted trading across Asian markets ahead of the US Federal Reserve’s rate decision, shaped the early-session sentiment. Additional headlines included Amazon’s expanded
The Indian subcontinent, long favoured by multinationals for its vast consumer market, is now drawing a fresh wave of investment from Big Tech giants seeking to tap into its massive internet and smartphone user base. The move comes as India’s rapidly expanding digital landscape offers global tech firms their next phase of growth in the
India’s equity markets are seeing renewed enthusiasm for technology businesses that specialise in serving smaller cities, and Meesho Ltd.’s debut in Mumbai on Wednesday has become a noticeable signal of this shift. The company’s first trading session arrives at a time when investors are actively assessing how digital platforms can scale across India’s expanding consumer
Swiggy’s latest fundraising effort has become a focal point for global and domestic investors as India’s quick commerce sector enters an intense phase of expansion. The company launched a major share sale on Tuesday, one year after its market debut, drawing attention from funds seeking exposure to India’s fast-growing e-commerce environment. The offer comes at
Cracker Barrel shares fell sharply on Wednesday after the Tennessee-based restaurant-and-retail chain cut its annual revenue forecast and posted weaker-than-expected quarterly results, weighed down by a brief but highly publicised logo controversy and softer store traffic. The company also disclosed a significant drop in earnings, deepening concerns about its turnaround efforts as consumer spending weakens.
JPMorgan Chase is preparing another expansion step in India, setting the stage for a fresh phase of growth in a country that has become a priority for global financial institutions. As per a Bloomberg report, the bank is moving ahead with plans for a new branch in Pune, marking its first addition in almost a