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Asset manager BlackRock sought to ​buy at ​least $5 billion worth of shares ​in the initial public offering of Elon Musk’s SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.Read More

Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable market-driven price discovery, help unlock shareholder value and allow each standalone company to pursue sector-specific growth opportunities independently.Read More

Domestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allied Blenders and JB Chemicals, citing strong technical breakouts, rising volumes, bullish momentum and supportive trend indicators despite broader market consolidation.Read More

Indian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in broader markets, weakness in IT stocks and cautious global sentiment overshadowed support from banking and pharma shares, keeping investors on edge.Read More

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.Read More