JPMorgan stock (NYSE: JPM) tanked nearly 5% on Tuesday after the bank’s consumer banking chief warned that 2026 expenses will reach $105 billion. Wall Street wasn’t pricing in this magnitude of expense, as they are over 4% above market expectations. Marianne Lake’s comments at the Goldman Sachs Financial Services Conference sent shockwaves through the banking
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
Nintendo’s latest share slump is drawing attention to a wider shift in the tech supply chain, as rising memory costs ripple through gaming hardware. Shares fell as much as 2.6% on Wednesday, reaching the lowest level since May during intraday, after investors reacted to concerns that expensive components could weigh on profitability. The pressure reflects
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
Nu Quantum has secured fresh investor attention as momentum in quantum networking rises across the global technology and energy sectors. The British startup, which builds infrastructure to connect and scale quantum computers, has raised $60 million in a Series A round. It is one of the largest early-stage raises in the UK and signals how
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
Oracle Corp. heads into its fiscal second-quarter earnings report facing mounting scrutiny from investors, who have grown increasingly uneasy about the software giant’s rising leverage, heavy capital expenditures, and concentrated exposure to artificial intelligence demand. The mood marks a sharp reversal from three months ago, when optimism around Oracle’s cloud pipeline drove the stock to
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
The Federal Reserve’s final policy meeting of the year arrives at a moment when the stock market is once again within striking distance of record highs. After stumbling in early November on fears that the artificial-intelligence trade had entered bubble territory, equities have rebounded sharply — and much of that recovery can be traced to
Supermicro stock (NASDAQ: SMCI) has been an underdog in the server market for a long time. But, with the recent boom in the artificial intelligence space, SMCI has shifted into the heart of the AI supply chain, and if everything goes as expected, the company can generate Nvidia-level performance in 2026. Trading in the mid-$30s