Nvidia has become the first company to reach a $5 trillion valuation, driven by the booming artificial intelligence sector. This milestone highlights the significant technological shift, though concerns about an AI bubble persist. The chipmaker’s rapid stock growth is fueled by immense demand for its products, with recent disclosures of substantial chip orders and strategic...Read More
Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected interest-rate cut by the US Federal Reserve.Read More
PB Fintech, parent of Policybazaar and Paisabazaar, reported a 165% YoY surge in Q2 FY26 profit to Rs 135 crore, driven by 40% premium growth, better operational efficiency, and improved margins. Renewal revenues and new business lines also strengthened performance.Read More
US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a better-than-expected growth with its revenue rising 7.3 per cent year-over-year to USD 5,415 million for the quarter ended September 2025.Read More
Eight stocks from the BSE Midcap Index touched their 52-week highs, marking their strongest levels in a year. Such breakouts are typically viewed by traders and investors as bullish indicators.Read More
Solex Energy plans to raise ₹500 crore via QIP and ₹1,000 crore in debt to fund a ₹1,400 crore expansion, including a 2.2 GW solar cell plant and 2.5 GW module capacity addition, aiming for 10 GW by 2030.Read More
The Indian Rupee strengthened by eight paise against the US Dollar, closing at 88.21. This appreciation was driven by robust domestic markets and positive sentiment surrounding a potential trade deal between India and the US. Easing crude oil prices also boosted investor confidence. However, importer demand for dollars and caution ahead of the US FOMC...Read More
The Federal Reserve is expected to cut interest rates by 25 basis points this week amid internal divisions over inflation and growth risks. Chair Jerome Powell is likely to remain cautious in his remarks, offering little guidance on future policy amid uncertain data and rising debate over ending quantitative tightening.Read More
Saudi Arabia is preparing to shift its $925 billion sovereign wealth fund away from a focus on real estate gigaprojects that have dominated its development goals for the last decade, a source with direct knowledge of the plans told Reuters.Read More
Global investors have spent a year fretting about a U.S. bond market blowup, citing all the necessary ingredients: public debt, inflation, Federal Reserve independence and dollar risks.Read More
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