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Japan’s ​Nikkei share average climbed to another record on Wednesday, ​driven by a surge in tech-related stocks and waning expectations of an imminent policy rate hike after new central bank board member nominations.
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Waaree Energies Share: The United States has imposed significant preliminary duties on solar imports from India, Indonesia, and Laos. This action follows a determination that these countries unfairly subsidize their solar manufacturing sectors. Waaree Energies, an Indian company, expects its expanding US manufacturing to mitigate the impact of these tariffs.
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Bitcoin and Ethereum saw a 3% surge on Wednesday, driven by positive sentiment following President Trump’s State of the Union address. This rebound followed a choppy week, with major altcoins also experiencing gains. The crypto market capitalization rose to $2.25 trillion, reflecting improved macro sentiment and policy continuity.
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Piyush Pandey believes AI disruption fears for Indian IT stocks are overblown, with current valuations being “extremely comfortable.” He sees long-term opportunities outweighing short-term volatility, predicting improved performance in FY27 compared to FY26 due to increased productivity and a shift to outcome-based projects.
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Angel One has set February 26 as the record date for its 1:10 stock split, a move aimed at enhancing liquidity and accessibility for retail investors. Shareholders holding the stock on this date will receive 10 shares for every one held, with the face value of each share reduced.
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A viral 7,000-word Substack essay by Citrini Research founder James van Geelen sparked a sharp selloff on Wall Street by outlining a hypothetical 2028 “Global Intelligence Crisis.” The scenario imagines AI wiping out white-collar jobs, crushing software revenues, straining credit and housing markets, and triggering a deflationary economic cascade.
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Amid the rapid rise of artificial intelligence, AI firm Anthropic — valued at about $380 billion — has overtaken the combined market capitalisation of India’s top IT companies, including TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra, which together are worth around $240 billion.
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South Korea’s KOSPI index is surging towards historic highs, driven by tech leadership in AI and semiconductors, alongside policy reforms aimed at improving corporate governance and shareholder returns. This rally, exceeding 40% this year, is sparking debate on its sustainability, with some investors expressing caution amid short-selling activity and global macro concerns.
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Jamie Dimon warned markets resemble pre-2008 conditions, citing risky behaviour, elevated asset prices and AI-driven disruption. He said people are doing “dumb things” to make money, warned of cyclical downturns ahead, and cautioned that enthusiasm around artificial intelligence could destabilise software and technology sectors globally over time.
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Vedanta Ltd shares surged upto 5% on Wednesday after BofA Securities upgraded the stock to “Buy” from “Neutral” and raised its target price sharply to Rs 840 from Rs 480. The brokerage turned positive on the back of a stronger outlook for aluminium and supportive silver prices, along with an estimated FY27 dividend yield of...
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