Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
Related Posts
Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?
Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, prompting global brokerages including Nomura, CLSA, HSBC and Emkay to reiterate bullish views. Analysts cited strong demand, improving margins and capacity expansion, with target prices implying upside of up to 35%.
MSCI India rejig: Eternal likely to see highest inflows at $648 mn; Lenskart, Groww among Nuvama’s expected inclusions
MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million, according to Nuvama. The brokerage sees Laurus Labs, Adani Energy Solutions, Lenskart and Groww among likely inclusions, while Balkrishna Industries, SBI Cards and Astral face potential exclusions.
Jefferies’ Christopher Wood warns Microsoft, Meta, and Alphabet AI spending may backfire
Jefferies strategist Chris Wood has warned that Wall Street’s hyperscalers risk massive capital destruction from excessive AI spending, arguing markets may soon push back against rising debt-funded investments. He also flagged geopolitical risks and drew attention to growing concerns that AI valuations could become detached from economic fundamentals.
