Oracle shares surged after a strong revenue forecast eased AI infrastructure spending concerns. The company is rapidly expanding its data centers for AI, funded by significant debt. While investor concerns about financing and execution persist, new AI contracts and Larry Ellison’s comments on AI tools provided some reassurance.Read More
Amid a sharp 1,342-point Sensex drop to 76,863, seven BSE 250 Smallcap stocks, including Sapphire Foods, JK Lakshmi Cement, Relaxo, Aegis Logistics, Five-Star Finance, Emami and Jyothy Labs, hit 52-week lows, signaling weakness.Read More
Legendary trader Jesse Livermore’s wisdom emphasizes aligning with market reality, not just bullish or bearish sentiment. Success hinges on accurately interpreting signals and adapting to dynamic trends, rather than rigidly adhering to a predetermined view. The ‘right side’ is dictated by evidence, demanding flexibility and objective analysis for long-term survival.Read More
Despite a sharp market downturn, select gas and water-related stocks delivered strong gains. Adani Total Gas hit the upper circuit on policy support, while Jindal SAW surged after the Jal Jeevan Mission extension, lifting several allied companies even as broader indices like BSE Sensex and Nifty50 fell.Read More
India has eased investment rules for countries sharing a land border, allowing up to 10% foreign ownership in firms via the automatic route. Approvals for specific sectors like electronics components will now be fast-tracked to 60 days, aiming to boost domestic manufacturing and attract capital.Read More
Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.Read More
Global hedge funds’ most crowded long trades in February centered on technology stocks, data from securities lending provider Hazeltree showed on Wednesday.Read More
Indian government bonds rose Wednesday as Brent crude stabilized around $90 per barrel, easing inflation concerns. Market participants anticipate support from the Reserve Bank of India’s upcoming open-market purchase, with the benchmark bond yield closing lower. Traders await February inflation data on Thursday.Read More
U.S. stock index futures edged higher in choppy trading on Wednesday as investors assessed the outlook for crude prices and awaited a key inflation report, while tensions in the Middle East continued to escalate.Read More
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