Software stocks saw a strong rebound on Tuesday. This followed news of new AI tools developed by Anthropic with its partners. These tools aim to assist in areas like investment banking and HR. Shares of companies like LSEG, FactSet, Salesforce’s Slack, and DocuSign saw gains. This positive movement comes after recent fears about AI’s impact...Read More

Artificial intelligence lab Anthropic on Tuesday unveiled 10 new ways for business customers to plug in its technology to key areas of their work, weeks after other releases sparked an aggressive selloff ‌in traditional software ⁠company shares.Read More

Artificial intelligence has ​triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with lower interest rates, ‌Federal Reserve Governor ⁠Lisa ⁠Cook said on Tuesday.Read More

Markets remained volatile as Nifty slipped below its 21EMA amid long unwinding but found support near the 200DMA. Analysts see a 25,300–25,750 range with heightened India VIX. A decisive break below 25,400 may trigger further downside, while selective buying continues in specific stocks.Read More

Copper prices rose to ​their highest level in more than ​a week on Tuesday, propelled by positive sentiment and firmer demand ​in top metals consumer China, where markets reopened after a holiday.Read More

The U.S. Securities and Exchange Commission ​will give targets of investigations ​more time to respond to its notices of potential ​charges as part of a broader update of its internal enforcement protocols, the agency said.Read More

Schaeffler India announced a Rs 35 per share dividend following a 36% YoY Q4 net profit rise to Rs 322 crore. Revenue grew 28% YoY, with sequential profit up 11%, reflecting robust operational performance.Read More

Wall Street’s ​main indexes ​were subdued on Tuesday ​as investors assessed Anthropic’s announcement of new AI tools, ‌including plug-ins ⁠that ⁠could help with investment ​banking tasks, private equity, engineering ​and design.Read More

Nifty 50 fell sharply below its 21EMA amid IT, auto and banking weakness, nearing 200DMA support. Rupak De sees consolidation within 25,300–25,750. Analysts recommend buying Punjab National Bank and selling Oracle Financial Services Software based on technical signals.Read More

Government will sell up to 4% stake in Indian Railway Finance Corporation (IRFC) via an offer for sale (OFS) which opens on Wednesday for non-retail investors while retail investors will be able to place bids on Thursday.Read More