Leopold Aschenbrenner’s hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin’s Citadel acquired these discounted technology holdings. The fund’s assets plunged from forty-five billion to ten billion dollars. Aschenbrenner took responsibility for the month’s performance and vowed changes. He continues to manage a large equity hedge fund and is set…

Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit in the future. The worries sparked a sharp selloff in the tech stocks.

Assetz, a Bengaluru developer, plans a Rs 1,200 crore initial public offering soon. The proposed IPO will combine fresh equity issuance and an offer for sale. JM Financial, BofA Securities India, and Motilal Oswal are lead managers. This confidential filing allows initial prospectus secrecy until advanced stages. Bengaluru’s strong property market supports developer growth and…

Investors await US employment data and corporate results this week. Market direction remains uncertain due to geopolitical tensions and interest rate policy. Big tech earnings showed mixed results, impacting investor sentiment significantly. The Federal Reserve’s recent decision left many unclear about inflation plans. Upcoming economic reports will guide Wall Street’s next market moves.

Amazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four years. This performance justifies a significant increase in planned capital spending for 2026. Unlike some rivals, Amazon demonstrated measurable returns from its AI spending. Investors responded positively, reinforcing confidence in the tech giant’s strategy.

Apple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impacting chip availability for major tech firms. This situation threatens to shrink both the personal computer and smartphone markets this year. Apple’s services business also showed weakness, worrying investors about future revenue streams. Analysts are questioning…

Federal Reserve Chairman Kevin Warsh faces a difficult choice regarding monetary policy. His recent statements on inflation have unsettled bond markets significantly. Some central bankers are advocating for interest rate hikes to combat rising prices. Others, however, are hesitant to disappoint President Donald Trump’s easing expectations. This internal division creates uncertainty for future economic policy…

The Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil prices aided this currency gain. The local unit traded within a narrow range during the trading session. A weaker dollar index also contributed to the rupee’s upward movement. Analysts expect continued support for the rupee at…

Investors await US employment data and corporate results this week. Market direction remains uncertain due to geopolitical tensions and interest rate policy. Big tech earnings showed mixed results, impacting investor sentiment significantly. The Federal Reserve’s recent decision left many unclear about inflation plans. Upcoming economic reports will guide Wall Street’s next market moves.

Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net sales climbed thirty-six percent to ₹49,959 crore during the same period. Unit sales also saw a strong twenty-nine percent increase, reaching a record 682,724 cars. The company also approved four…