UltraTech Cem Share Price Live Updates: UltraTech Cement Reports Weekly Returns
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Category: Business News
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Coal India Share Price Live Updates: Coal India Weekly Returns Down by 2.81%
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Atharva Polyplast, Seemax Resources among 6 SME IPOs set to debut on bourses today. Check details
Six SME IPOs are set to debut on the stock exchanges today, with Atharva Polyplast, Seemax Resources, Sampark India Logistics and Kratikal Tech listing on the BSE SME platform, while Teja Engineering Industries and Vinit Mobile will debut on the NSE SME platform. Kratikal Tech topped the pack, raising Rs 39.69 crore and garnering a…
Kospi tumbles 6% as AI investors fear rally may be overblown. A bigger crash coming closer?
South Korea’s Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung Electronics and SK Hynix, major index components, saw substantial declines. Other sectors like battery and shipbuilding also faced considerable losses. Foreign investors continued to be net sellers of South Korean equities.
Japan’s Nikkei falls as Samsung-led chip selloff weighs on regional tech stocks
Japan’s Nikkei index fell as semiconductor stocks declined, mirroring Samsung’s drop. High-flying memory maker Kioxia shares experienced a significant decrease. Investors shifted towards financial and other undervalued stocks, boosting their performance. The broader Topix index saw a slight slip after reaching a record high. Banking shares and Toyota Motor saw notable gains during the session.
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall
Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom’s durability. Memory chip prices continued to climb, boosting Samsung’s earnings considerably. Analysts noted that bonus provisions impacted the reported operating profit figures. Future growth depends on sustained AI infrastructure spending by major technology…
Gold down as markets await Fed meeting minutes for policy direction
Gold prices declined Tuesday, trading below recent highs. Investors await U.S. Federal Reserve minutes for policy direction. U.S. services sector activity dipped, but employment showed stability. Bullion prices retreated from earlier record highs this year. Perth Mint gold sales reached a two-month peak in June.
UPL Share Price Live Updates: UPL Sees Notable Weekly Gains
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Bharti Airtel Share Price Live Updates: Weekly performance update: Bharti Airtel up 4.6%
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Hero MotoCorp Share Price Live Updates: Hero MotoCorp’s Stock Performance: 2.72% Weekly Return
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