Nvidia has invested $2 billion in chip design software maker Synopsys, securing a significant stake and expanding a multi-year partnership. This collaboration aims to jointly develop new tools for AI-driven product design across various industries. The deal strengthens Synopsys’ position, while Nvidia seeks to leverage its influence in the AI compute market.Read More
Michael Burry, the investor famous for “The Big Short,” has labeled Tesla “ridiculously overvalued,” citing significant shareholder dilution and Elon Musk’s potentially trillion-dollar pay package. He noted Tesla’s stock trades at a much higher multiple than the S&P 500, a bearish stance he has held before.Read More
Nifty reversed from its lifetime high and closed lower despite strong GDP data, signalling extended consolidation. Analysts expect sideways movement with mild bearishness and highlight KPIT, Bank of Baroda, Paytm and Rico Auto as potential trading opportunities based on technical setups.Read More
Markets hit fresh record highs before slipping into mild losses as pharma and financial weakness offset support from autos and IT. Analysts flagged consolidation, cautious sentiment and key support levels despite strong GDP data, while global cues remained weak.Read More
Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said on Monday.Read More
Sebi has approved IPO proposals of ICICI Prudential AMC, Powerica, Annu Projects and Technocraft Ventures, allowing them to proceed after DRHP review. The issues include OFS, fresh equity, and large fundraising across asset management, power, EPC and infrastructure sectors.Read More
The rupee sank to a record 89.79 intraday and closed at 89.55 despite heavy RBI intervention. Stop-loss triggers, offshore position unwinding, importer demand and uncertainty over the India–US trade deal added pressure, though the RBI is seen defending the 90 level.Read More
Wall Street’s main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell to gauge the central bank’s policy decision later this month.Read More
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating strong momentum.Read More
The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore. This move will help the bank meet the minimum public shareholding norm of 25%, bringing the government’s stake below 75%.Read More
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