Big Tech earnings reveal investors’ new stance: solid growth justifies record AI spending, but companies face punishment for underperformance. Meta’s surging revenue and strong forecast impressed, while Microsoft’s reliance on OpenAI and slowing Azure growth raised concerns, highlighting the shifting market dynamics post-ChatGPT.Read More
Oil prices surged for a third day amid escalating fears of a U.S. military strike on Iran, potentially disrupting regional supply. Brent crude neared $69 and WTI touched $63.79, reflecting heightened geopolitical tensions and a surprise drop in U.S. crude inventories. Analysts warn further escalation could push Brent to $72.Read More
KRM Ayurveda’s shares traded at a 17% grey market premium ahead of its NSE SME listing, signaling strong investor confidence. The Rs 77 crore IPO, entirely a fresh issue, was oversubscribed 74.27 times, driven by robust demand across all investor categories.Read More
Indian companies are releasing their December quarter results. ITC expects steady but mixed performance. Swiggy anticipates strong revenue growth but wider losses due to investments. Paytm is projected to report another profitable quarter with healthy revenue and margin expansion. Investors are watching these key announcements closely.Read More
Gold and oil prices surged as geopolitical tensions escalated and the Federal Reserve maintained its stance on interest rates. Gold broke above $5,550, while oil advanced on concerns over Iran. US equity futures dipped amid mixed tech earnings, with investors awaiting further clarity on interest rate paths.Read More
India’s market regulator Sebi faces internal division regarding new conflict-of-interest rules for its top officials. The Sebi board is debating whether it can impose a code of conduct on its chairman and members, whose appointments are approved by the central government.Read More
The dollar remained weak on Thursday amid policy uncertainty, though supportive comments from the White House and European officials offered some respite. Investors interpreted the Federal Reserve’s cautious tone on inflation and the labor market to mean interest rates could stay higher for longer. The euro traded just below $1.20 after breaking that key level...Read More
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