HSBC upgraded U.S. equities to “overweight” from “neutral,” citing strong earnings momentum and easing geopolitical risks. The brokerage also downgraded Europe ex-UK to “neutral” due to weaker activity and higher energy price risks. HSBC favors sectors with lower commodity input costs like banks, insurance, and technology.Read More
JPMorgan Chase CEO Jamie Dimon said on Tuesday he is not worried about inflation, but added among the worst-case scenarios for the economy is the risk of stagflation.Read More
Nifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts highlighting key support and resistance levels while global cues and cautious sentiment continue to influence near-term direction.Read More
Gold prices remain range-bound after a sharp correction, showing weak momentum amid global uncertainty and upcoming Fed policy cues. Technical indicators suggest resistance on rallies, with analysts recommending a cautious sell-on-rise strategy as downside risks persist in the near term.Read More
Shares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund future computing needs. Major investors and partners like Oracle, CoreWeave, and Arm Holdings saw their stock prices decline. The situation comes as OpenAI prepares for a potential IPO.Read More
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