ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. Despite stable performance, investor reaction signals cautious sentiment and a muted market opening for IT stocks.Read More
Oil prices surged back above $100 a barrel as market sentiment shifted from de-escalation optimism to caution. Despite a US-Iran ceasefire, shipping through the Strait of Hormuz remains subdued due to ongoing security concerns and uncertainty, keeping supply risks elevated and prices volatile.Read More
Nifty 50 and BSE Sensex ended lower, dragged by financial, auto, and FMCG stocks, while India VIX rose. Analysts see near-term consolidation, maintaining a positive outlook with key resistance at 24,000 and support around 23,500 levels.Read More
U.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture.Read More
Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop custom infrastructure processors, as shifting use of AI drives renewed demand for traditional computing chips.Read More
Assets under management for U.S. exchange-traded funds could more than double to $25 trillion by the end of this decade, Citigroup said on Thursday, as investors seek the increasingly popular asset class for low-cost, diversified exposure across markets.Read More
Barclays on Thursday said that a swift normalization of flows through the Strait of Hormuz aligns with its forecast of Brent crude oil averaging $85 a barrel in 2026, but warned that delays in restoring traffic or any further escalation could push prices higher from current levels.Read More
Wall Street’s main indexes opened muted on Thursday after rallying in the previous session, as cracks emerged in the fragile Middle East ceasefire, while investors parsed through an in-line inflation reading.Read More
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