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US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earnings
Economic Times - Markets07-Jul-2026 01:35 0thUTC
U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors…
NY Fed says supply chain pressures eased in June
Economic Times - Markets06-Jul-2026 23:33 0thUTC
Global supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing. Improved…
Microsoft Layoffs: Xbox CEO Asha Sharma acknowledges 'business is not healthy', flags weak margins amid 3200 job cuts
LiveMint - Companies06-Jul-2026 23:01 0thUTC
Announcing the overhaul in a message to employees on Monday, Xbox Chief Executive Officer Asha Sharma acknowledged the challenges facing the division. She said the…
Gold, silver prices today: Comex gold tops $4,200, silver nears $64 as recovery rally extends; Fed minutes in focus
LiveMint - Markets06-Jul-2026 22:45 0thUTC
Gold and silver prices saw mild gains on 6 July, supported by easing concerns over a US Federal Reserve rate hike and a weakened US…
EasyJet shares reveal deal risk as $7.3 billion takeover advances
Economic Times - Markets06-Jul-2026 22:42 0thUTC
EasyJet shares surged after agreeing in principle to a £5.5 billion takeover by Castlelake, though the stock remained below the offer price amid concerns over…
TeraWulf jumps on $19 billion data center lease deal with Anthropic
Economic Times - Markets06-Jul-2026 22:38 0thUTC
TeraWulf signed a 20-year lease with Anthropic for AI data center infrastructure, securing about $19 billion in contracted revenue. The deal supports its shift from…
Microsoft shares fall over 1% after company announces to layoff 4,800
Economic Times - Markets06-Jul-2026 21:57 0thUTC
Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles eliminated. This…
ICICI Prudential board approves reclassifying Prudential as an investor
LiveMint - Companies06-Jul-2026 21:43 0thUTC
ICICI Prudential Life Insurance's board approved seeking Irdai's nod to reclassify Prudential Corp. Holdings and rename the company to ICICI Life Insurance Ltd.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Economic Times - Markets06-Jul-2026 21:33 0thUTC
Indian markets extended gains for a fourth straight session as Sensex jumped 521 points and Nifty closed above 24,430. Improved monsoon prospects, renewed FII buying,…
Trent Q1 business update: Revenue grows 19%, store network expands
LiveMint - Markets06-Jul-2026 21:18 0thUTC
Tata Group's Trent reported a 19% YoY revenue growth to ₹5,666 crore for the June quarter. The company expanded its retail presence, with a total…
Trent Q1 Update: Standalone revenue rises 19%, driven by Zudio expansion
Economic Times - Markets06-Jul-2026 20:35 0thUTC
Trent reported 19% year-on-year standalone revenue growth to Rs 5,666 crore in Q1FY27, driven by rapid Zudio expansion. The retailer ended June with 1,312 stores,…
