Short sellers have capitalized on the decline of SpaceX shares, which fell below their initial offering price. Investors who anticipated this downturn borrowed and sold shares for a lucrative gain. Following its IPO peak, SpaceX stock has faced volatility, recently dipping towards the $135 mark. The company’s substantial debt for AI investments has raised concerns,…

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U.S. markets opened mixed with Dow gaining while S&P 500 and Nasdaq slipped as chip stocks continued to weaken. Investors assessed fresh economic data for signals on growth and policy direction. The divergence highlights sector rotation and cautious sentiment amid uncertainty around tech performance and broader economic conditions.

The U.S. Securities and Exchange Commission has introduced a groundbreaking rule to enhance electronic disclosure delivery. This initiative seeks to improve accessibility for investors by leveraging modern technology. Under this proposal, companies may implement electronic delivery without needing prior consent, which could also help lower costs. The public will have two months to provide feedback,…

SBI Funds Management’s Rs 9,813 crore IPO saw 42 times subscription on its final day. Qualified institutional buyers led the strong demand, subscribing 140.11 times their allocated portion. The issue received nearly 65 lakh applications, the highest number for any IPO this year. The company, India’s largest asset manager, is expected to list with a…

Thirteen Nasdaq 100 stocks have turned multibaggers in CY26, led by AI, semiconductors and data infrastructure themes, significantly outperforming the broader index and delivering exceptional gains to investors.

Despite a flat Sensex close, six BSE 150 MidCap stocks—Ipca Laboratories, Sona BLW Precision Forgings, BHEL, Gujarat Fluorochemicals, Lupin and Biocon—hit fresh 52-week highs, signalling strong buying interest, improving investor confidence and sustained bullish momentum.

Jio Financial on Thursday reported 155% year-on-year (YoY) growth in its consolidated net profit at Rs 830 crore in the first quarter. The same stood at Rs 325 crore in the same quarter last year.

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SBI Funds Management IPO is experiencing robust investor demand on its final bidding day. The grey market premium indicates a potential listing price of approximately Rs 666 per share. Retail investors have shown steady participation in the ongoing public offering. The company’s IPO is a complete Offer for Sale, raising funds for existing shareholders. Shares…