Category: Business News & Economy

Amazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increased investor confidence in artificial intelligence. The company’s cloud services showed significant growth, exceeding expectations and boosting its valuation. Amazon anticipates substantial capital expenditures to meet future artificial intelligence demand. Other tech giants like…

Goldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear talks. Physical oil markets are tightening significantly due to reduced flows from key regions. Gulf oil exports have dropped substantially from pre-war levels. Russian crude supplies also show a recent decline, impacting global availability.

Fire protection systems manufacturer HD Fire Protect is planning to launch its IPO in October through an offer for sale of 2.6 crore shares. The company, whose products have been used in projects including Saudi Aramco’s Ras Tanura facility and India’s new Parliament building, is also expanding its presence in Saudi Arabia and other international…

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…

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

LIC’s Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base offer, with an additional 4% green shoe option, while retail investors can bid on August 5.

ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight. Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year. While asset quality is likely to stay stable, they caution…

Nuvama Wealth Management has initiated coverage on Aimtron Electronics with a Buy rating and a target price of Rs 2,036, implying nearly 47% upside. The brokerage expects strong growth driven by the company’s shift to high-margin ESDM solutions, expanding order book, capacity additions and global expansion through its US acquisition.

Restaurant Brands Asia shares surged nearly 20% after the Burger King India operator posted strong Q1FY27 results, led by robust same-store sales growth and a sharp jump in EBITDA. Brokerages, including Motilal Oswal and Nuvama, remained bullish, citing improving demand, margin expansion and growth supported by Inspira Global’s investment.