Nvidia’s chief Jensen Huang forecasts a massive one trillion dollar revenue opportunity for its AI chips by 2027. This projection highlights Nvidia’s strong position in the AI chip market. The company is also expected to reveal details about its next-generation AI chip, Feynman. Nvidia’s strategy of reinvesting profits into the AI ecosystem appears to be...Read More

Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped amid easing Middle East conflict concerns, offering market relief. The Dow, S&P 500, and Nasdaq all closed higher, reflecting positive investor sentiment.Read More

The London Metal Exchange’s LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary electronic matching engine. This disruption halted price updates for key metal contracts, prompting the LME to declare a Disruption Event. Electronic trading resumed at 1730 GMT on a secondary engine.Read More

Small investors’ ability to influence corporate boards through shareholder proposals is facing significant restrictions. Proposed new rules and higher ownership thresholds could sideline individual shareholders, activists, and faith-based groups. This move, supported by business groups, aims to curb what they deem excessive or irrelevant proposals, sparking concerns about silencing diverse voices.Read More

Indian indices ended a three-session losing streak with Nifty gaining 257.70 points. Banks, auto, and consumer stocks led the recovery, while technical indicators suggest potential pullbacks amid continued market volatility.Read More

Global hedge funds are aggressively selling financial stocks, making the sector the year’s top target for short bets. This trend, driven by concerns over the Middle East war’s economic impact and the intricate links between banks and private lending, has seen significant drops in financial indices. Investors are hedging against broader credit risks, potentially anticipating...Read More

MakeMyTrip is exploring a potential India listing to access domestic capital, strengthen brand leadership, and support long-term growth amid robust travel demand and strategic acquisitions like RedBus and Flamingo Transworld.Read More

Bandhan Bank shares fell sharply, hitting the lower circuit after news that its promoter may offer existing investors an exit, compounded by West Asia crisis concerns, despite broader market gains.Read More

Private-credit market jitters have spilled onto Wall Street, with some major U.S. banks tightening lending while the funds have capped withdrawals as mounting concerns prompt firms to curb risk ​and brace for further strain.Read More

Vietnamese electric vehicle manufacturer VinFast said on Monday its fourth-quarter net loss widened from a year earlier as it increased impairment charges related to its U.S. plant, which it aims to resume construction of this ‌yearRead More