Key global triggers that could move markets this week
The AI-driven market rally has turned highly volatile as investors grow concerned about lofty valuations, profitability and rising competition.
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The AI-driven market rally has turned highly volatile as investors grow concerned about lofty valuations, profitability and rising competition.
Microsoft’s latest earnings reignited Wall Street’s AI optimism as Azure outperformed, cloud demand accelerated and a record order backlog strengthened confidence that the company’s multibillion-dollar AI investments are beginning to pay off.
Hong Kong has launched the world’s first offshore Chinese government bond futures, providing global investors with a new tool to hedge interest rate risk and strengthening the international use of the yuan. The move forms part of Beijing’s broader efforts to deepen financial integration with Hong Kong and expand cross-border investment.
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…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a net loss of Rs 419.2 crore in the prior year. Revenue from operations saw a modest increase of 3.7 percent to Rs 281.48 crore. The company highlighted three consecutive profitable quarters, reinforcing its…
Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.
Chinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong’s technology sector outperformed after Alibaba unveiled its latest AI model. Investors also remained cautious after fresh data showed China’s manufacturing activity expanded at its slowest pace in four months.