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Nvidia’s chief Jensen Huang forecasts a massive one trillion dollar revenue opportunity for its AI chips by 2027. This projection highlights Nvidia’s strong position in the AI chip market. The company is also expected to reveal details about its next-generation AI chip, Feynman. Nvidia’s strategy of reinvesting profits into the AI ecosystem appears to be paying off, despite increasing competition.Read More

Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped amid easing Middle East conflict concerns, offering market relief. The Dow, S&P 500, and Nasdaq all closed higher, reflecting positive investor sentiment.Read More

The London Metal Exchange’s LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary electronic matching engine. This disruption halted price updates for key metal contracts, prompting the LME to declare a Disruption Event. Electronic trading resumed at 1730 GMT on a secondary engine.Read More

Small investors’ ability to influence corporate boards through shareholder proposals is facing significant restrictions. Proposed new rules and higher ownership thresholds could sideline individual shareholders, activists, and faith-based groups. This move, supported by business groups, aims to curb what they deem excessive or irrelevant proposals, sparking concerns about silencing diverse voices.Read More

Indian indices ended a three-session losing streak with Nifty gaining 257.70 points. Banks, auto, and consumer stocks led the recovery, while technical indicators suggest potential pullbacks amid continued market volatility.Read More