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The ECB kept rates at 2%, signaling caution. Markets cut rate-cut bets, boosting the euro. Inflation projections send mixed signals, leaving uncertainty on future policy despite balanced risks outlined by Lagarde.
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Eightco Holdings, the Wall Street penny stock, surged 3,000% in a single day after announcing a private placement linked to Worldcoin. However, shares gave up roughly two-thirds of those gains over the next three sessions, sliding from $45 to around $14 amid profit-taking.
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Dev Accelerator’s IPO witnessed strong retail investor interest, subscribing over 48 times on the second day, despite valuation concerns. SBI Securities estimates a high FY25 P/E multiple of 310.10, significantly above peers. While SBI Securities suggests caution, Anand Rathi recommends subscribing, citing the company’s expanded services and long-term potential.
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The Trump administration has sought emergency court approval to fire Fed Board member Lisa Cook ahead of next week’s rate-setting meeting, following a lower court block.
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Waaree Energies’ shares experienced a slight dip on Friday after a significant three-day rally, yet remain up nearly 30% over the last three months. The renewable energy firm’s market capitalization briefly exceeded ₹1 lakh crore, prompting profit-booking. This pullback follows strong Q1 FY26 results, with net profit jumping 89.1% to ₹745.20 crore, driven by growth across its solar business verticals.
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