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
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