The dollar strengthened on Thursday. Federal Reserve Chair Jerome Powell indicated a potential pause in rate cuts. This pushed the yen to an eight-month low. Markets await the Bank of Japan’s policy decision. A meeting between US President Donald Trump and China’s leader Xi Jinping is also scheduled. Investors anticipate discussions to ease trade tensions.Read More
Gold prices saw a rise on Thursday. This was due to a weaker dollar and a quarter percentage point rate cut by the U.S. Federal Reserve. Investors are watching for a meeting between U.S. President Trump and Chinese leader Xi Jinping. Other precious metals like silver, platinum, and palladium also gained. Economic data from Europe is also expected today.Read More
OpenAI is reportedly planning a massive initial public offering. The artificial intelligence company could be valued at up to one trillion dollars. Preparations are underway for a potential listing as early as late 2026 or 2027. This move follows a significant restructuring. The company aims to raise substantial capital for future AI infrastructure investments.Read More
Two-wheeler helmet major Studds Accessories launched its Rs 455.49 crore IPO today, an offer for sale with a price band of Rs 557–585 per share. The company, India’s largest helmet manufacturer, reported steady growth with FY25 income at Rs 595.9 crore and PAT at Rs 69.6 crore.Read More
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