Twelve stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on February 24, according to stockedge.com’s technical scan data.Read More
Oil prices are near seven-month highs. Investors worry about a U.S.-Iran military conflict that could disrupt supply. Talks between the U.S. and Iran are scheduled for Thursday. Iran is a major crude producer. An extended conflict could impact global supplies. U.S. President Trump has warned of consequences if a deal is not reached. Inventory data...Read More
AI company Anthropic’s blog post triggered a significant sell-off in Indian IT stocks, causing benchmark indices to fall sharply. The Nifty IT index plunged 4.7%, reflecting investor anxiety over AI’s potential to automate legacy system maintenance, as seen with IBM’s substantial decline. Analysts anticipate further downside for the IT sector.Read More
Indian flexible workspace companies are seeing robust revenue growth and better profits. This is due to strong demand from large businesses and global centers. Companies are shifting to flexible office spaces across multiple cities. Occupancy rates are high, and more centers are becoming profitable. This trend is expected to continue, driving further expansion and stability...Read More
The Japanese yen weakened near a two-week low after Prime Minister Takaichi reportedly expressed reservations about future rate hikes to the central bank chief. Meanwhile, a rising Chinese yuan pressured the dollar, while the Australian dollar saw gains on inflation data. Traders watched President Trump’s State of the Union address.Read More
Gold prices remained steady on Wednesday. This followed a dip in the previous session. The US dollar’s strength made gold more expensive for international buyers. US gold futures saw a slight decrease. Global shares rose on AI enthusiasm. Iran and the US are set for nuclear talks. Silver dipped, while platinum and palladium saw minor...Read More
Indian markets saw a strong rebound as tech stocks, particularly those in AI, led the charge. Investors embraced a ‘buy on the dip’ strategy, shrugging off concerns about AI’s disruptive potential. Major indexes posted solid gains, with semiconductor firms and companies like Advanced Micro Devices and Keysight Technologies seeing significant boosts.Read More
Asian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intelligence. Investors are now looking ahead to Nvidia’s earnings report. The market sentiment improved following positive news from Anthropic. This suggests a more stable outlook for tech companies.Read More
A founder’s dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company shares plummeting. The report, “The 2028 Global Intelligence Crisis,” detailed mass white-collar layoffs and a deflationary cascade, sparking investor anxiety already heightened by AI-related selloffs.Read More
Standard Chartered’s India operations saw a 15% rise in profit before tax to $542 million in 2025, driven by lower expenses and provisions, despite a 3% drop in operating income. India climbed to the fourth position in profit contribution, aided by a 24% decline in China profits. Total loans fell 5% to $12.28 billion, while...Read More
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