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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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