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Abbott Labs shares jump 12% as Q2 sales rise, profit outlook raised
Abbott Laboratories shares surged 12% after the healthcare company reported strong second-quarter sales, raised its full-year earnings outlook and reaffirmed revenue growth guidance. Progress across…
SBI Funds Management IPO closes with 42x subscription, led by strong QIB demand; GMP signals healthy listing
SBI Funds Management's IPO received strong demand, oversubscribed over 41 times with bids for 519 crore shares. The price band is set at ₹545- ₹575…
Alpine Texworld IPO sails through on Day 3: Check subscription status, GMP and other key details
Alpine Texworld's IPO was fully subscribed on the final day, achieving 1.40 times overall subscription. The company aims to raise ₹126 crore with fresh shares…
Wall Street regulators propose new e-delivery for investor disclosures
The U.S. Securities and Exchange Commission has introduced a groundbreaking rule to enhance electronic disclosure delivery. This initiative seeks to improve accessibility for investors by…
Wall Street slips as retail sales growth cools, AI stock valuation concerns weigh on markets
In the early trading, the Dow Jones Industrial Average was up 0.2% at 52,751.45. The broad-based S&P 500 declined 0.4% to 7,543.96, while the tech-rich…
SBI Funds Management gets highest applications for any IPO this year, sees Rs 2.98 lakh crore investor rush
SBI Funds Management's Rs 9,813 crore IPO saw 42 times subscription on its final day. Qualified institutional buyers led the strong demand, subscribing 140.11 times…
US stocks today: S&P 500, Nasdaq fall as chip stocks weaken; earnings and data in focus
Thursday saw declines in the S&P 500 and Nasdaq indexes, primarily due to a renewed slump in chip stocks that outweighed positive earnings from select…
Jio Financial Services Q1 results: Net profit jumps 156% YoY to ₹830 crore, revenue tops ₹2,000 crore
Jio Financial Services reported a Q1 FY27 net profit of ₹830 crore, up 156% YoY and 205% sequentially. Revenue soared to ₹2,004 crore, reflecting 223%…
Jio Financial Q1 Results: Profit skyrockets 155% YoY to Rs 830 crore
Jio Financial on Thursday reported 155% year-on-year (YoY) growth in its consolidated net profit at Rs 830 crore in the first quarter. The same stood…
Uber in $15 billion deal for Delivery Hero to create global takeout giant
The acquisition advances the U.S. ride-hailing firm's efforts to build a global food-delivery business that can better compete with Just Eat, owned by Dutch group…
US Data Watch: 13 Nasdaq 100 stocks deliver multibaggers return in CY26
Thirteen Nasdaq 100 stocks have turned multibaggers in CY26, led by AI, semiconductors and data infrastructure themes, significantly outperforming the broader index and delivering exceptional…

