Shares of CoreWeave slumped around 15% on Friday, after the company’s plans to double capital expenditure this year stoked investor concerns about margin pressure and effective returns from its artificial intelligence push.Read More
Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.Read More
Wall Street’s main indexes opened lower on Friday as AI anxiety dragged on tech stocks, with the Nasdaq bracing for its steepest monthly drop since March 2025, while hotter-than-expected inflation data also dampened sentiment.Read More
Barclays shares fell on Friday after media reports it and other banks face potential losses related to the collapse of UK mortgage provider Market Financial Solutions Ltd, amid wider concerns about lending standards and the fast-growing market for private finance.Read More
Sunway Healthcare Holding on Friday launched the prospectus for its initial public offering that is expected to raise up to 2.86 billion ringgit ($735.98 million) in what could be Malaysia’s largest listing in almost a decade.Read More
Indian markets fell sharply, with the BSE Sensex dropping 961 points amid global worries and foreign outflows. However, stronger-than-expected GDP growth of 7.8% and upbeat signals from GIFT Nifty improved sentiment, suggesting a positive start and near-term resilience despite volatility.Read More
Wealth creation demands more than savings accounts. Robert G. Allen highlights that millionaires grow fortunes through investments like stocks and real estate. These assets historically outpace inflation, unlike savings accounts where money can lose purchasing power. Investing focuses on capital growth, while saving preserves it. Embracing calculated risks and diversification is key to financial independence.Read More
Indian government bond yields fell in February as surplus banking liquidity supported demand ahead of record government borrowing in the next fiscal year, while the yield curve steepened as rates across tenors were impacted by varied factors.Read More
Credent Global Finance raised Rs 30 crore through a QIP to strengthen its growth capital following a sharp jump in quarterly earnings. The fundraise supports its expansion strategy as revenue and net profit surged sharply year-on-year. The company also expanded its leadership team to drive its next phase of growth.Read More
Redington shares surged up to 17% after a teaser from Apple CEO Tim Cook hinted at major product launches next week. With Apple contributing nearly one-third of Redington’s revenue, investor enthusiasm spiked ahead of expected updates to iPhone, iPad and Mac lineups, reinforcing optimism around the distributor’s growth prospects.Read More
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