AI jitters are back on Wall Street. SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman. Shares of Oracle, CoreWeave, SoftBank and other firms tied to OpenAI slumped on Tuesday, with those three all dropping at least 4% after The Wall Street Journal reported that the ChatGPT maker had missed its own targets for revenue and…
US stocks edged lower on Wednesday as investors awaited the Federal Reserve’s interest rate decision later in the day, while rising crude prices linked to the Iran war kept pressure on market sentiment.The S&P 500 fell 0.2 per cent, a day after retreating from its record high amid weakness in artificial-intelligence stocks and concerns over…
Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, helped by bargain buying in FMCG, auto and telecom shares, upbeat earnings sentiment and gains across Asian markets.Traders said signs of possible de-escalation in geopolitical tensions also supported sentiment.In a volatile session, the 30-share BSE Sensex climbed 609.45 points, or 0.79 per…
Mining conglomerate Vedanta Ltd on Wednesday reported an 89 per cent jump in consolidated profit after tax to Rs 9,352 crore for the quarter ended March 2026, helped by higher sales volumes, rising global metal prices and gains from a weaker rupee.The Anil Agarwal-led company had posted a consolidated profit after tax of Rs 4,961…
Any increase in UAE’s crude oil production will directly strengthen India’s energy security. (AI image) The United Arab Emirates’ (UAE’s) shock move to exit the OPEC and OPEC+ may have far reaching implications for not just world oil markets and oil prices, but also in terms of the relevance of cartels in an increasingly multi…
Oil prices advanced on Wednesday, extending their recent rally, amid reports that the United States plans to continue its blockade of Iranian ports. The move is expected to prolong supply disruptions from the strategically important Middle East oil-producing region. According to a report by The Wall Street Journal, US President Donald Trump has directed his…
Looking ahead, gold and silver entered the week on a slightly bearish tone, with direction likely to be driven more by overall risk sentiment. (AI image) Gold price prediction today: Gold and silver prices are likely to be range bound this week, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and…
Uttar Pradesh has over 60% of India’s total access-controlled expressway network. Ganga Expressway, the longest expressway so far in Uttar Pradesh, will be inaugurated by Prime Minister Narendra Modi on Wednesday. The 594 kilometres long Ganga expressway is a six-lane expressway that aims to reduce the travel time between Meerut and Prayagraj to just 6…
Cognitive warmup. I’ll be unwaveringly straightforward here. No Indian origin tech CEO said a word about US President Donald Trump’s “retruth” of a Truth Social post that was critical of India as a country, Indian origin immigrants in the United States and birthright citizenship abuse. I’ll not get into the politics of this from any…
Health Canada has approved the first generic version of Danish drugmaker Novo Nordisk’s blockbuster diabetes drug Ozempic made by Indian drugmaker Dr Reddy’s Laboratories, its website showed on Tuesday. Ozempic went viral for helping people lose weight after being introduced as a diabetes injection in 2018. (AP) Several drugmakers have been developing lower-cost versions of Novo Nordisk’s…
