NEW HIMALAYAN GEMS

Can an OpenAI IPO delay derail the AI chip rally? Here's why it matters

A potential delay in OpenAI's IPO has triggered selling in global technology stocks, impacting major players like SoftBank. As concerns over AI investment returns grow,…

BEML shares to be in focus on Monday after securing additional $5.35 million Middle East export order

BEML Ltd. secured a $5.35 million export order, raising its contract total to $41.73 million. The company's international order book reached $112.35 million. Despite record…

US stocks Today | US stocks open lower as chip stocks resume slide

Indian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are now scrutinizing the elevated valuations of these…

OpenAI may push IPO to next year: What's behind the delay?

OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared…

Volkswagen plans up to 100,000 job cuts and possible plant closures

Volkswagen AG plans to cut up to 100,000 jobs and close four German factories as part of CEO Oliver Blume's strategy to enhance competitiveness.

Goldman sees big tech stocks turning attractive amid chip volatility, 'you want to diversify toward hyperscalers'

Big tech stocks could turn more attractive in the artificial intelligence trade as chipmakers show continued volatility, according to Goldman Sachs Group Inc. strategist Christian…

Quote of the day by David Swensen: "If you’re investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run"

David Swensen emphasised the importance of maintaining an equity bias for long-term investors, noting that stocks tend to deliver stronger returns over extended horizons. Despite…

US stock market today: S&P 500, Nasdaq futures slide up to 1% as global tech sell-off resumes

US stock futures declined on 26 June due to a renewed global technology sell-off. Nasdaq futures dropped 1.1%, amid concerns over high valuations, production cuts,…

Dow Jones| Nasdaq | US Stock Market Today | Live: US market edges lower as chip stocks resume slide

Who is Shankh Mitra? Indian-origin CEO with ₹7,000-crore pay package ranked world's second-highest paid executive

Indian-origin executive Shankh Mitra has become the world's second-highest paid CEO among S&P 500 companies after receiving a compensation package worth $821 million (around ₹7,061…

Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh cr

The board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh…