The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024. Despite historical May weakness, analysts are optimistic about continued upward momentum, with Q1 earnings growth at 27.8% and 83% of companies beating estimates.Read More

Zen Technologies saw a significant drop in its March quarter performance. Net profit declined by 69% year-on-year, while revenue from operations fell by 45%. The company’s profit after tax is attributable to its shareholders. Zen Technologies has declared a final dividend of Re 1 per share for FY26.Read More

Elon Musk’s massive $158 billion compensation package from Tesla highlights stark economic disparities. While workers face stagnant wages and job insecurity due to AI, Musk’s pay, tied to future performance targets, dwarfs company earnings and reflects an unsustainable economic trend.Read More

Blindly following the old Wall Street adage “sell in ​May and go away” may prove costly, as investors weigh whether to call time on a powerful market recovery heading into a historically turbulent stretch of the year.Read More

Corporate governance firm InGovern Research Services urged the RBI to reject Tata Sons’ application to deregister as a Systemically Important CIC. The firm argues that regulatory changes and Tata Sons’ structural linkage to public funds via listed group entities make its bid untenable, advocating for an IPO by March 2027.Read More

Spirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. government. Disagreements over financing terms and a sharp increase in jet fuel prices due to the war in Iran have derailed the discount carrier’s recovery efforts.Read More

Reddit shares jumped ​over 12% on Friday after an ​upbeat quarterly revenue forecast underscored growing returns from the social ​media company’s AI-driven advertising tools.Read More

Roblox shares on Friday plunged to their lowest levels ​in 18 months after the company ​cut its annual bookings forecast, raising concerns that new safety ​measures could suppress user growth for several quarters.Read More

Cboe Global Markets’ CEO Craig Donohue on Friday outlined plans to sharpen ​the exchange operator’s focus on key businesses, ​including a 20% reduction in its global workforce.Read More

Jindal Steel posted a Q4FY26 net profit of Rs 1,045 crore, reversing last year’s loss, driven by strong revenue growth, higher volumes, and improved operational performance. Sequential earnings surged sharply, with robust sales, production expansion, and margin recovery supporting overall financial momentum.Read More