Author: FinSiddhi

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…

Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts. Warsh emphasized the Fed’s independence and announced plans to leverage real-time economic data.

Uber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed investor interest in new listings amid volatile markets. Lime, operating in 230+ cities, remains loss-making but benefits from growing urban micromobility demand and Uber partnership support.

Domestic equities ended higher, supported by positive Asian cues and a sharp drop in crude prices following improved traffic at the Strait of Hormuz, alongside growing expectations of an imminent India–US trade deal.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Indian equities rebounded after two sessions of losses, with Sensex rising 444 points and Nifty reclaiming 24,000. Easing geopolitical tensions, trade deal optimism and lower oil prices boosted sentiment, while analysts maintained a bullish outlook above the key 23,800 support.

Sebi uncovered an alleged Rs 144 crore pump-and-dump scheme by analysing airline bookings, hotel stays, food delivery records, WhatsApp chats, telecom data and banking trails. The investigation linked digital footprints to identify the alleged mastermind and entities behind five manipulated stocks.

Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competition and Markets Authority required divestment of Shutterstock’s editorial business, leading Getty to walk away. The collapse hit investor sentiment as both firms now face rising competition from AI-generated image tools.

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This strategic shift could lessen Meta’s dependence on advertising revenue and position it as a competitor to tech giants like Amazon and Microsoft.