L&T Share Price Live Updates: L&T Stock Performance Overview
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Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
SML Mahindra shares surged on Thursday after the company announced the Rs 525 crore acquisition of Mahindra & Mahindra’s Truck and Bus Division. Analysts view the deal positively, citing stronger market positioning, operational synergies and long-term earnings accretion, though some near-term margin dilution could persist after the business integration.
“Pricing is no longer just a commercial decision, it has become part of the product’s runtime behaviour,” Choudhary told The Economic Times in an interview.
The AI-driven rally in US equities is showing signs of broadening as investors rotate away from megacap technology stocks into sectors such as healthcare and financials. While the Magnificent Seven remain crucial to the S&P 500’s direction, improving market breadth and stronger participation from mid- and small-cap stocks suggest a healthier, more diversified bull market.
China’s equity markets tumbled on Thursday as a global selloff in AI-linked stocks triggered steep declines in semiconductor and optical transceiver shares. While technology stocks came under heavy pressure amid valuation concerns, investors shifted towards defensive sectors such as consumer staples, liquor producers and banks.
Arm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand for AI infrastructure and data centre chips. However, the stock fell nearly 7% in after-hours trading after the company warned of softer smartphone royalty growth, overshadowing optimism around its expanding AI business.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…