US stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran talks. Softer US producer inflation and a solid earnings season boosted risk appetite. Tech, software and semiconductor stocks led gains, with indices nearing record highs.Read More
U.S. Treasury Secretary Scott Bessent on Tuesday said he was quite confident that core inflation would continue to go down in the United States despite the Iran war, and repeated his call for the Federal Reserve to cut its interest rates.Read More
Indian markets ended lower as stalled US-Iran talks triggered broad selling across sectors. Nifty and Sensex declined sharply, though technical indicators suggest near-term uptrend remains intact, with key support at 23,500 and resistance near 24,100 amid cautious investor sentiment.Read More
Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazon’s deeper push into space-based connectivity infrastructure.Read More
BlackRock shares gained after stronger-than-expected Q1 earnings driven by robust ETF inflows, higher performance fees, and steady AUM growth. The firm reported $130 billion in net inflows and rising profitability despite weak broader market conditions and private market volatility concerns.Read More
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