U.S. stock futures steady as Iran hopes persist; memory stocks dip

In an important meeting scheduled for this week, government officials will confront Meta executives regarding pressing issues. The discussions will center around the presence of child sexual abuse material, the rise of AI-created content, and the measures in place for takedowns involving notable personalities. Compliance with local laws and the efficiency of Meta’s content moderation…

IT stocks surged on Thursday, with the Nifty IT index climbing over 4.7% and leading gains on the NSE. This rebound followed recent losses, driven by a US tech rally and anticipation of quarterly results. Large-cap firms like Infosys and TCS saw significant jumps, while mid-cap IT stocks also experienced strong buying. Analysts suggest attractive…

Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax’s offer of Rs 81 per share is higher than last year’s bid. This transaction marks the largest foreign…