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SpaceX shares fall below IPO price for first time as post-listing excitement fades
SpaceX shares slipped below their IPO price for the first time, signalling fading investor enthusiasm after a strong debut. The decline highlights valuation concerns, broader…
SpaceX extends losing streak to four days, drops below $135 IPO price
SpaceX shares experienced a decline for the fourth consecutive session on Wednesday, falling below the $135 price of their initial public offering for the first…
Angel One Q1 Results: Net profit doubles to Rs 231 crore
In the June quarter, Angel One reported impressive financial growth, with consolidated profit after tax soaring to Rs 231.4 crore, more than doubling year-on-year. The…
Tata Capital raises USD 400 million from a bond issue in the US
Tata Capital successfully raised $400 million by selling dollar bonds abroad. Asian and European asset managers dominated demand for these instruments. The bonds mature in…
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevated crude prices, West Asia tensions and mixed…
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where…
Fed's Kevin Warsh says interested in probe of Bowman bank meeting, won't prejudge outcome
Federal Reserve Chairman Kevin Warsh has shown keen interest in probing a discussion that took place between a top regulator and participants from the market.…
Market Trading Guide: Inox India among 2 stock recommendations for Thursday
Domestic equities showed resilience, with broader markets outperforming large caps amid positive cues. Q1 earnings remained a key domestic catalyst, though higher crude prices capped…
L&T bets big on AI with Copilot rollout for over 80% of employees
L&T would be the first large Indian business group to equip almost all its employees with AI tools.
ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claims
ICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance and heightened claims payments.…
JP Morgan moving closer to a milestone no bank has ever reached: A $1 trillion market value
JPMorgan is approaching a $1 trillion market valuation after record profits and a strong share rally. Robust investment banking, diversified operations and investor confidence in…
