Lately, billionaire Philippe Laffont has been making bold moves. During the second quarter, Laffont sold part of his Amazon stake, trimming it by about 5% and turned his attention to a name most retail investors barely know, CoreWeave, a company that sits at the center of the AI infrastructure explosion.
Laffont slightly reduced Amazon after strong gains,
» Read more about: Billionaire Doubles Down on This AI Powerhouse »
Domestic equity benchmarks, the Sensex and Nifty, opened higher on Friday as buying in heavyweight stocks such as Power Grid, Trent, and Adani Ports lifted sentiment, offsetting weakness in Tata Steel and TCS counters.
At 9:24 am, the BSE Sensex climbed 195.06 points, or 0.24 per cent, to 82,367.16, after rising nearly 214 points in early trade.
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade
[LONDON] The US sanctioned more than 50 individuals, firms and vessels involved in exporting Iranian oil and liquefied petroleum gas, including a key crude-import terminal.
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade.
» Read more about: US hits firms moving Iranian oil and major China crude terminal »
Domestic brokerage JM Financial has reaffirmed its ‘Buy’ rating on Tata Consultancy Services (TCS), citing a robust second-quarter performance and the IT major’s decisive strategic pivot towards artificial intelligence (AI).
The brokerage has raised its 12-month price target for TCS to Rs 3,520 from Rs 3,410, implying a potential upside of about 15 per cent from the current market price of Rs 3044.70.
» Read more about: JM Financial bullish on TCS post Q2 results, sees 15% upside; here’s why »
MILAN :A return of fund inflows into renewable energy stocks is helping to breath new life into these companies’ shares, powering their strongest quarterly rise since the sustainability boom early this decade.
After two years of bearish sentiment and relentless redemptions that made the sector a short-sellers’ hotspot, a fundamental shift in the U.S.
» Read more about: 'Every electron counts': Why renewables stocks are back in play »
While Japan’s inflation keeps the BoJ in focus, political tensions in Washington are simultaneously influencing global market sentiment.
The US Senate fell short of the required 60 votes to pass the stopgap funding bill for a seventh time on Thursday, October 9.
» Read more about: Dow Jones & Nasdaq 100 Futures Advance on BoJ Focus Ahead of Rare US Data »
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US President Donald Trump on Thursday repeated his claim that he ended the military conflict between India and Pakistan in May, a claim that India has consistently rejected. Speaking to reporters at the White House alongside Finland’s President Alexander Stubb, Trump discussed his chances of winning the Nobel Peace Prize,
US stock market futures were little changed on Thursday after a powerful rally pushed major indexes to record highs. Investors paused to reassess the outlook for Federal Reserve interest rate cuts, ongoing AI-driven earnings momentum, and fresh geopolitical headlines.
Futures tied to the S&P 500 (ES=F), Nasdaq 100 (NQ=F),