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South Korea’s Kospi index experienced a significant decline of over six percent on Thursday. This downturn followed the Bank of Korea’s first interest rate increase in three years. Major tech stocks like SK Hynix and Samsung Electronics saw substantial drops. Concerns are mounting over the impact of single-stock leveraged ETFs on market stability. Regulators are…
A South Korean man was arrested for allegedly attacking a stock YouTuber after reportedly suffering heavy investment losses from following the creator’s recommendations. The incident has reignited concerns over the growing influence of online investment influencers and the risks of relying on unverified stock tips without independent research.
TSMC will invest an additional one hundred billion dollars in Arizona facilities. This expansion underscores strong confidence in future artificial intelligence demand. The company also raised its capital expenditure guidance for the coming years. TSMC’s robust second-quarter earnings beat analyst expectations significantly. This move signals sustained investment in global AI infrastructure development.
Warren Buffett has warned that value investing is becoming harder as speculative trading gains popularity. Calling today’s markets increasingly driven by gambling, the Berkshire Hathaway chairman urged investors to stay patient, focus on quality businesses and avoid chasing short-term market excitement despite heightened volatility across global equities.
Sotefin Bharat’s Rs 89.76 crore SME IPO opened to a cautious 16% subscription on Day 1, with the GMP suggesting a modest listing premium of around 11.76% over its Rs 187 upper price band.
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…
ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical…
Sensex gained a mere 1 point to end at around 77,187, and Nifty 50 dropped around 6 points to close at nearly 24,073 on Thursday. Broader markets slipped into the red, with Nifty Midcap 100 and Nifty Smallcap 100 indices closing up to 0.4% lower.
Wipro Q1 Results: Along with the earnings, the company’s board also approved an interim dividend of Rs 2 per share.