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US stocks: Fulcrum shares plummet over 50% after scrapping lead sickle-cell drug on FDA concerns
Economic Times - Markets02-Jun-2026 19:31 0ndUTC
The oral drug, pociredir, was being tested to treat sickle-cell disease, an inherited blood disorder that can trigger pain, anemia and organ damage and reduce…
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchases
Economic Times - Markets02-Jun-2026 19:19 0ndUTC
Musk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something," according to a Monday…
Marvell Tech shares soar 23% in premarket trading after Nvidia CEO calls it ‘the next trillion-dollar company’
LiveMint - Markets02-Jun-2026 19:08 0ndUTC
Marvell Technology shares surged 27% in premarket trading, following predictions of becoming a trillion-dollar company. Year-to-date, shares have risen 158%, boosting market capitalization to nearly…
US stocks today: US stocks slip at open after record highs
Economic Times - Markets02-Jun-2026 19:04 0ndUTC
Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding…
Another conglomerate sets eyes on India's wealth market
LiveMint - Companies02-Jun-2026 19:01 0ndUTC
Godrej Investments has set up a wealth management unit, Godrej Wealth, to target India's affluent for ₹1 trillion in assets under management by 2031.
Expert view: Reset return expectations, avoid taking extreme positions in equities, says Amit Bivalkar of Equirus Group
LiveMint - Markets02-Jun-2026 18:43 0ndUTC
Expert view: Amit Bivalkar of Equirus Group advises investors to reset their return expectations and avoid extreme positions in equities. He highlights the importance of…
Structural growth drivers continue to attract investor interest in mid, small-caps
LiveMint - Markets02-Jun-2026 18:42 0ndUTC
As global markets face geopolitical tensions, India's mid and small-cap stocks show remarkable resilience and growth potential. With a focus on innovative sectors, these companies…
US stock market today: Nasdaq, S&P 500 edge lower as Middle East tensions keep markets on edge
LiveMint - Markets02-Jun-2026 18:10 0ndUTC
US stock futures showed a muted start as tensions in the Middle East affected investor sentiment. S&P 500 futures dipped 0.1%, while Nasdaq futures fell…
OYO parent PRISM wins Sebi nod for IPO, targets $7-8 billion valuation
LiveMint - Markets02-Jun-2026 18:02 0ndUTC
PRISM, which operates OYO, has secured regulatory approval for its long-awaited public issue as it targets profitability-led growth and prepares updated offer documents for market…
DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
LiveMint - Companies02-Jun-2026 18:01 0ndUTC
Dev Accelerator's expansion into Bengaluru is set to create over 1,200 seats, boosting the company's revenue by ₹2.2 crore monthly.
Quote of the day by T. Rowe Price: "Detecting with a high degree of accuracy when the long-term earnings growth of a company has ceased is difficult because no mathematical formula can be applied to determine when the change from growth to maturity or decadence occurs."
Economic Times - Markets02-Jun-2026 18:00 0ndUTC
Identifying when a company's growth story begins to fade is a significant challenge for investors. While financial models offer insights, qualitative factors like innovation and…
