The Nikkei 225 Index briefly climbed above the key psychological 50,000 figure before losing some momentum in the afternoon. The gauge closed up 2.7% at 49,823.94, while the broader Topix gained 1.7%.Read More
Market expert Anurag Singh argues the AI boom isn’t a dotcom-era bubble, citing established tech giants funding investments from profits. While valuations may be stretched, he believes corrections, not bubbles, are likely, even for companies like Nvidia, due to a lack of alternatives and strong revenue streams.Read More
Bitcoin has dropped nearly 30% from its yearly high above $126,000, driving a crypto market slump that has erased over $1 trillion in value. On Thursday, it traded at $92,783. Over the past 24 hours, Bitcoin rose about 2%, while Ethereum slipped 0.41% to $3,051. Most major altcoins declined up to 2%, though Solana and Hyperliquid gained more than 3%.Read More
Sammaan Capital shares rebounded sharply on Thursday after the company clarified that no investigative or regulatory agency has any ongoing probe related to allegations in a 2019 PIL filed by a whistleblower forum. The Supreme Court also noted that no affidavit indicated wrongdoing by the firm, helping the stock recover following Tuesday’s sharp decline.Read More
Despite an 11% surge in Nifty50 and 9% in Nifty500 over the past year, 12 Nifty500 stocks have fallen more than 50% from their yearly highs, highlighting uneven gains in the rally.Read More
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