Wall Street surged Tuesday as speculation of a de-escalation in the Middle East conflict eased oil price and inflation fears. Major indexes rallied following reports of President Trump’s willingness to end military action against Iran. Investors are seeking indications of a normalized energy flow through the Strait of Hormuz.Read More
Biogen will buy Apellis Pharmaceuticals for about $5.6 billion, adding a promising kidney disease drug to broaden its rare-disease portfolio amid efforts to diversify beyond its slowing multiple sclerosis franchise.Read More
Nvidia has invested $2 billion in Marvell Technology as part of efforts to make it easier for customers to use the custom artificial intelligence chips that the smaller company designs with Nvidia’s networking gear and central processors.Read More
Nifty closed lower, ending FY26 down 5%, with Sensex down 7%, dragged by banking, auto, and IT sectors. India VIX rose, signaling high volatility. Analysts see support near 22,200, with potential for a rebound if levels hold.Read More
Warren Buffett remains actively involved in Berkshire Hathaway investment decisions despite stepping down as CEO. He collaborates with Greg Abel, maintains a cautious market outlook, and oversees significant liquidity deployment in Treasury securities.Read More
Unilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the second-largest food transaction in history.Read More
A high P/E ratio reflects stock prices rising faster than earnings, signaling growth expectations or possible overvaluation. A valuation scan highlights large-cap stocks with elevated multiples, urging investors to assess fundamentals, sector trends, and sustainability before making investment decisions.Read More
Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets...Read More
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