Goldman Sachs believes that short sellers will be responsible for the next leg of rally that the US stock markets will see. All three major indices are already trading at or near record high levels. According to data tracked by S3 partners, the total bearish positions across US and Canadian equities have surged by over…
Anthropic PBC, the Dario Amodei-led AI behemoth, has raised $65 billion in a funding round. This valuation of the artificial intelligence company now sits near a trillion dollars, at $965 billion, including the new investment, eclipsing rival OpenAI’s value for the first time. According to a Bloomberg Report, each of the primary investors contributed more…
Shares of state-run Coal India Ltd. will remain in focus on Friday, May 29, as the Offer For Sale (OFS) launched by the government, opens for retail investors today. The retail OFS opens after a strong response to the non-retail portion of the issue, following which, the government has decided that it will be using…
Dell reported blowout fiscal first quarter results on Thursday thanks to booming AI server demand, leading many analysts to raise their price targets. Dell Technologies delivered record results for its fiscal first quarter on Thursday, largely due to unexpectedly strong traction in its artificial intelligence-linked server business. Continue Reading with CNBC-TV18 Access Membership Priority Access…
The stock market continues to bet on some sort of resolution being found with Iran. But there is also no shortage of other risks heading into a new month. The stock market continues to bet on some sort of a resolution to the war with Iran, but there are no shortages of other risks heading…
After Samsung Electronics announced that it had started sending samples of its newest high-bandwidth memory chip to its clients worldwide, the company’s stock shot up as much as 6.51%. According to a press release from the firm, Samsung’s 12-layer HBM4E chip, which it called an industry first, can achieve speeds of up to 16 Gigabits…
US equities ended Friday at fresh record highs, extending a remarkable winning streak as investors welcomed signs of progress in ceasefire negotiations involving Iran while continuing to bet on the long-term growth potential of artificial intelligence. The major indices also capped off a strong month, supported by robust gains in technology stocks and easing concerns…
Happiest Minds Q4 results 2026 LIVE: Profit jumps 80% to Rs 61.17 cr; revenue rises 11% to Rs 604 crore IT firm Happiest Minds Technologies on Friday reported a 79.9 per cent growth in consolidated net profit to Rs 61.17 crore in the January-March quarter of FY26, primarily on the back of improved employee utilisation…
Dell Technologies Inc. shares jumped nearly 40% after the company raised its revenue outlook for the fiscal year ending January 2027 to about $167 billion, including $60 billion from AI server sales. That marks an increase by at least $25 billion from its previous outlook of $140 billion and analysts’ average estimate of $142.1 billion,…
The rupee opened stronger on Friday (May 29), tracking easing crude oil prices and reports of a potential extension of the US–Iran ceasefire, while broader dollar flows and global cues kept sentiment mixed. The currency opened at 95.55 per dollar versus the previous close of 95.69, marking an appreciation of 14 paise. Sentiment in currency…
