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Investors await the Federal Reserve’s policy decision and major tech earnings this week. Alphabet and Tesla results have already caused market unease regarding AI spending. Microsoft, Amazon, and Meta Platforms will also report their artificial intelligence investment updates. The Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting. Key economic data…
Nvidia will invest one billion dollars in Naver’s new shares. This investment supports expanding an AI data center project in South Korea. Brookfield will provide up to nine billion dollars in financing for this initiative. The expanded data center will utilize Nvidia’s chip platforms by 2028. This collaboration aims to tap into sovereign AI demand…
CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker’s stock price increased by as much as 470%. This surge briefly made CXMT China’s most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through its initial public offering.
U.S. equity funds saw a second week of outflows as caution ahead of big tech earnings and rising oil prices weighed on sentiment. Growth funds led withdrawals, while sectoral funds still drew inflows. Bond and money market funds also recorded outflows, reflecting broader risk aversion among investors.
Rising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock market rally. While strong earnings and AI-driven spending support equities, persistent inflation risks and tighter monetary expectations could pressure valuations and increase near-term volatility.
Indo-MIM’s Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by the close of day two. Retail investors showed 1.89 times subscription, while NIIs emerged strongest at 8.44 times. The company plans to use Rs 400 crore for debt repayment and general corporate purposes….
Xtranet Technologies’ initial public offering concluded its final bidding day with robust investor interest. The grey market premium indicated expectations for a positive stock market debut. The IPO was subscribed 1.96 times, with retail investors showing strong demand. The company aims to raise Rs 166.8 crore through this entirely fresh issue. Proceeds will fund working…
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AU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, driven by strong growth in net interest income and advances. The lender also announced July 31, 2026, as the record date for its proposed final dividend and elevated COO…
IDFC First Bank share price gained 9% after it reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income rose 21.1% year-on-year, and net interest margin also improved. Gross non-performing assets fell to 1.51%, showing further improvement in asset quality. The bank received claims worth Rs 514.8 crore under the CGFMU…