Jefferies raises Global Ship Lease stock price target on backlog

As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India’s mutual fund industry. While digital challengers are winning younger investors, the country’s largest AMC believes its scale, trust and distribution network remain powerful competitive advantages.

US markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but resilient labour market, lifting sentiment across sectors while prompting investors to reassess rate outlook and growth expectations.

Meta Platforms has launched Muse Code, an AI tool for developers. This new coding assistant uses the Muse Spark 1.2 AI model. It helps developers write and debug software efficiently and quickly. The tool operates on a pay-as-you-go model for users. This launch signifies Meta’s growing presence in AI-powered developer tools.