Cerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expansion addresses rising AI demand and data sovereignty concerns.Read More

Cathie Wood’s ARK ETFs purchased $7 million worth of SpaceX shares. This investment follows a significant 34% drop from the stock’s peak. Wood funded these purchases by selling Alibaba shares from her portfolios. ARK Invest now holds approximately two million SpaceX shares valued over two hundred eighty million dollars. Analysts maintain positive outlooks with target...Read More

The Indian rupee closed stronger on Thursday, supported by central bank intervention. Lower oil prices also helped soothe Indian equities and bonds during trading. Asian currencies were mostly firmer, while the dollar index hovered near the 101 mark. Volatility expectations for the rupee increased slightly after recent Middle East fighting. Policymakers’ steps to shore up...Read More

TCS Q1 Results: TCS reported a 5% year-on-year rise in Q1FY27 consolidated net profit to Rs 13,349 crore, while revenue grew 14% to Rs 72,275 crore. The company declared an interim dividend of Rs 12 per share, maintained a healthy order book of $9.5 billion, and continued to expand its AI-led business momentum.Read More

Tata Consultancy Services announced an interim dividend of Rs 12 per share for shareholders. The IT major reported a 5% year-on-year profit increase for the first quarter. Its revenue from operations also saw a significant 14% rise during the same period.Read More

After losing nearly $1 trillion in market value in less than two months, Nvidia is trading at its cheapest valuation since the AI boom began. While investors remain cautious over competition and AI spending, strong fundamentals, attractive valuations and improving technical indicators have kept analysts optimistic about the stock’s long-term prospects.Read More

SBI Funds Management’s Rs 11,693 crore IPO opens July 14–16, 2026, marking India’s largest issue of the year, with SBI and Amundi selling stakes.Read More

HSBC has lowered its average gold price forecasts for 2026 and 2027. This adjustment stems from expectations of a stronger U.S. dollar and a hawkish Federal Reserve. The bank anticipates gold trading within a specific range for the remainder of 2026. Central bank purchases have moderated, though long-term diversification offers support. Despite forecast reductions, downside...Read More

European stock markets traded higher on Thursday, recovering from previous losses. Technology shares led the gains, driven by renewed interest in artificial intelligence demand. Oil prices eased despite ongoing geopolitical uncertainty in the Middle East region. Spanish equities outperformed regional peers after trade-related tensions eased. AstraZeneca shares tumbled significantly after a clinical trial setback.Read More

Britain’s housing market displayed signs of stabilization during June. Buyer confidence remains subdued due to inflation and borrowing cost concerns. New buyer enquiries saw a modest improvement, indicating returning market interest. Rental demand is significantly stronger than the sales market. Activity is expected to stay subdued until economic clarity emerges.Read More