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AI trade moves from chips to electricity: Why 7 power stocks are gaining Wall Street attention with gains up to 86%
Wall Street’s AI trade is expanding beyond chipmakers to power producers, grid builders and equipment suppliers as surging data-centre electricity demand drives investment. Companies spanning…
Market Trading Guide: ABB India among 2 stock recommendations for Friday
Indian equities ended subdued amid geopolitical concerns, volatile crude prices and weak Asian cues. Analysts recommend Chennai Petroleum and ABB India after strong technical breakouts,…
De Beers' Forevermark bets on India retail push as lab-grown diamonds surge
The opportunity in India stands in contrast to the crisis facing De Beers’ core mining business. The company has made one of its biggest rough-diamond…
SpaceX short sellers earn $8.7 billion gains as shares dip below IPO price
Short sellers have capitalized on the decline of SpaceX shares, which fell below their initial offering price. Investors who anticipated this downturn borrowed and sold…
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
As of 10 a.m. Eastern Time, the S&P 500 fell 0.3%, the Dow Jones Industrial Average was down less than 0.1%, and the Nasdaq Composite…
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…
