Nvidia’s chief Jensen Huang forecasts a massive one trillion dollar revenue opportunity for its AI chips by 2027. This projection highlights Nvidia’s strong position in the AI chip market. The company is also expected to reveal details about its next-generation AI chip, Feynman. Nvidia’s strategy of reinvesting profits into the AI ecosystem appears to be...Read More

Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped amid easing Middle East conflict concerns, offering market relief. The Dow, S&P 500, and Nasdaq all closed higher, reflecting positive investor sentiment.Read More

Small investors’ ability to influence corporate boards through shareholder proposals is facing significant restrictions. Proposed new rules and higher ownership thresholds could sideline individual shareholders, activists, and faith-based groups. This move, supported by business groups, aims to curb what they deem excessive or irrelevant proposals, sparking concerns about silencing diverse voices.Read More

The London Metal Exchange’s LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary electronic matching engine. This disruption halted price updates for key metal contracts, prompting the LME to declare a Disruption Event. Electronic trading resumed at 1730 GMT on a secondary engine.Read More

Global hedge funds are aggressively selling financial stocks, making the sector the year’s top target for short bets. This trend, driven by concerns over the Middle East war’s economic impact and the intricate links between banks and private lending, has seen significant drops in financial indices. Investors are hedging against broader credit risks, potentially anticipating...Read More

Indian indices ended a three-session losing streak with Nifty gaining 257.70 points. Banks, auto, and consumer stocks led the recovery, while technical indicators suggest potential pullbacks amid continued market volatility.Read More

Nifty ended a three-session losing streak with strong gains, forming a bullish reversal pattern. Analysts see potential near-term recovery, with Adani Power and UltraTech Cement showing technical buying opportunities.Read More

The London Metal Exchange said some trading has been halted due to ‘an issue’ and they are working to resolve the issue as soon as possible.Read More

U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on ​imports, and the conflict in the Middle East could raise operating costs.Read More

Vietnamese electric vehicle manufacturer VinFast said on Monday its fourth-quarter net loss widened from a year earlier as it increased impairment charges related to its U.S. plant, which it aims to resume construction of this ‌yearRead More