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
Foreign investor interest in Indian equities is weakening due to geopolitical risks, high valuations, weak AI opportunities, and tax concerns. Capital is shifting to other markets, while volatile FPI flows and recent sell-offs continue to pressure benchmark indices and investor sentiment.Read More
Seven key movers — including Honasa Consumer, Ola Electric, Anand Rathi Wealth and others — drove market action on Thursday as D-Street snapped its five-day winning streak amid broad-based selling.Read More
Realty firm Dalcore on Thursday said it will invest Rs 500 crore to develop a luxury housing project at Gurugram, in partnership with a global design and lifestyle brand YOO.Read More
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