Visitors seek relocation of cybercrime police station from airport complex

Christopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India and China positioned to benefit from a rotation away from crowded AI winners, Wood believes picks-and-shovels companies will continue to outperform amid massive AI capex and uncertain monetisation.

SK Hynix shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip stocks. The South Korean semiconductor giant aims to expand HBM chip production and AI infrastructure, while analysts monitor valuation concerns and risks of slowing AI spending.

The Bombay High Court found Tarun Tejpal guilty of rape after thirteen years. He received a ten-year rigorous imprisonment sentence for the crime. The court granted him two weeks to surrender to authorities. The state had challenged Tejpal’s earlier acquittal by the trial court. This verdict follows a lengthy legal process initiated thirteen years ago.