Asia-Pacific markets on Tuesday opened on a cautious note, largely mirroring the overnight declines seen on Wall Street as investors turned their attention toward the upcoming United States Federal Reserve meeting. The Fed gathering is expected to provide more clarity on the central bank’s stance on interest rates and inflation, which has been a driving factor for global equity markets over the past months. Alongside monetary policy concerns, global inves
Asia-Pacific markets on Tuesday opened on a cautious note, largely mirroring the overnight declines seen on Wall Street as investors turned their attention toward the upcoming United States Federal Reserve meeting. The Fed gathering is expected to provide more clarity on the central bank’s stance on interest rates and inflation, which has been a driving factor for global equity markets over the past months. Alongside monetary policy concerns, global inves
Tim Cook has reached a historic milestone at Apple, quietly surpassing Steve Jobs in tenure as chief executive officer. After nearly 14 years at the helm, Cook’s leadership has now officially lasted longer than that of the company’s legendary co-founder. This moment represents more than just a date on the calendar—it reflects a generational shift in Apple’s identity and strategic direction. On August 1, 2025, Cook’s time as CEO reached 5,091 days, one
Tim Cook has reached a historic milestone at Apple, quietly surpassing Steve Jobs in tenure as chief executive officer. After nearly 14 years at the helm, Cook’s leadership has now officially lasted longer than that of the company’s legendary co-founder. This moment represents more than just a date on the calendar—it reflects a generational shift in Apple’s identity and strategic direction. On August 1, 2025, Cook’s time as CEO reached 5,091 days, one
Intel’s stock took a notable hit on Thursday after President Donald Trump publicly called for the resignation of Intel’s CEO, Lip-Bu Tan. The statement has intensified the spotlight on Intel’s leadership and its potential ties to foreign entities, particularly Chinese technology firms, as the U.S. continues to grapple with rising national security concerns surrounding global tech investments. In a social media post, President Trump declared that “The CEO of
Intel’s stock took a notable hit on Thursday after President Donald Trump publicly called for the resignation of Intel’s CEO, Lip-Bu Tan. The statement has intensified the spotlight on Intel’s leadership and its potential ties to foreign entities, particularly Chinese technology firms, as the U.S. continues to grapple with rising national security concerns surrounding global tech investments. In a social media post, President Trump declared that “The CEO of
Palantir Technologies has reported a record-breaking quarter, surpassing Wall Street expectations and crossing the $1 billion revenue mark for the first time. The artificial intelligence software provider posted earnings of 16 cents per share, beating the expected 14 cents, with revenue hitting $1 billion compared to analyst estimates of $940 million. Shares of the company rose more than 5% following the announcement, reflecting strong investor confidence in its accelerated growth. The compan
Palantir Technologies has reported a record-breaking quarter, surpassing Wall Street expectations and crossing the $1 billion revenue mark for the first time. The artificial intelligence software provider posted earnings of 16 cents per share, beating the expected 14 cents, with revenue hitting $1 billion compared to analyst estimates of $940 million. Shares of the company rose more than 5% following the announcement, reflecting strong investor confidence in its accelerated growth. The compan
Tensions are mounting in Switzerland as the deadline to secure a crucial trade agreement with the United States approaches rapidly. Without a breakthrough, Swiss exports to the U.S. will face a punitive 39 percent duty, one of the highest tariff rates imposed under U.S. President Donald Trump’s recent trade policy changes. The surprise announcement of these tariffs last week sent shockwaves through the Swiss business community, which had believed an agreement was close to finalization.
Tensions are mounting in Switzerland as the deadline to secure a crucial trade agreement with the United States approaches rapidly. Without a breakthrough, Swiss exports to the U.S. will face a punitive 39 percent duty, one of the highest tariff rates imposed under U.S. President Donald Trump’s recent trade policy changes. The surprise announcement of these tariffs last week sent shockwaves through the Swiss business community, which had believed an agreement was close to finalization.
Indian equity benchmarks Sensex and Nifty reversed early gains to trade lower by midday Thursday, reflecting a cautious investor mood amid growing uncertainty surrounding the leadership of the US Federal Reserve and other macroeconomic factors. The Sensex had opened on a stronger note, rising by 119.05 points to touch 82,753.53, while the Nifty advanced 18.7 points to 25,230.75. However, this initial positivity gave way to selling pressure later in the session, dragging the Sensex down to 82,
Indian equity benchmarks Sensex and Nifty reversed early gains to trade lower by midday Thursday, reflecting a cautious investor mood amid growing uncertainty surrounding the leadership of the US Federal Reserve and other macroeconomic factors. The Sensex had opened on a stronger note, rising by 119.05 points to touch 82,753.53, while the Nifty advanced 18.7 points to 25,230.75. However, this initial positivity gave way to selling pressure later in the session, dragging the Sensex down to 82,
Larry Ellison has become the world’s second-richest person for the first time, according to the latest Bloomberg Billionaires Index. His net worth has skyrocketed to $251.2 billion, fueled by a major surge in Oracle Corp.’s share price. This leap places him ahead of Mark Zuckerberg and just behind Elon Musk, who retains the top position with a net worth of $357.8 billion. Oracle has been a top beneficiary in the ongoing artificial intelligence investment wave. Since
Larry Ellison has become the world’s second-richest person for the first time, according to the latest Bloomberg Billionaires Index. His net worth has skyrocketed to $251.2 billion, fueled by a major surge in Oracle Corp.’s share price. This leap places him ahead of Mark Zuckerberg and just behind Elon Musk, who retains the top position with a net worth of $357.8 billion. Oracle has been a top beneficiary in the ongoing artificial intelligence investment wave. Since
Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se
Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se
A steep decline has gripped Indian exchange stocks after the high-profile regulatory crackdown on US-based quant trading firm Jane Street, which was barred from participating in Indian markets earlier this month. In just over four weeks, investors have seen a combined Rs 1.4 lakh crore wiped out in the market capitalisation of BSE and NSE. The cascading impact of regulatory scrutiny, crashing derivatives turnover, and cautious sentiment among brokerages has driven BSE and NSE stocks deep into
A steep decline has gripped Indian exchange stocks after the high-profile regulatory crackdown on US-based quant trading firm Jane Street, which was barred from participating in Indian markets earlier this month. In just over four weeks, investors have seen a combined Rs 1.4 lakh crore wiped out in the market capitalisation of BSE and NSE. The cascading impact of regulatory scrutiny, crashing derivatives turnover, and cautious sentiment among brokerages has driven BSE and NSE stocks deep into
Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5
Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5
The IPO allotment for Travel Food Services Limited has been finalised on July 10, 2025, after the public issue closed the previous day. With a total subscription of 3.03 times, including robust demand from qualified institutional buyers (QIBs) and moderate interest from non-institutional investors (NIIs), the spotlight now turns to allotment results. Retail participation, however, remained relatively weak at just 0.73 times.
The IPO allotment for Travel Food Services Limited has been finalised on July 10, 2025, after the public issue closed the previous day. With a total subscription of 3.03 times, including robust demand from qualified institutional buyers (QIBs) and moderate interest from non-institutional investors (NIIs), the spotlight now turns to allotment results. Retail participation, however, remained relatively weak at just 0.73 times.
Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin
Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin
Dassault Aviation shares saw renewed upward movement for the second straight day after India officially denied reports that any of its Rafale fighter jets were shot down during Operation Sindoor. On July 8, the company's stock opened slightly higher at €297.40, marginally up from the previous close of €297. The development follows weeks of pressure on the stock, which had declined by about 3 percent over the past month, largely due to speculation surrounding the Indian Air Force&rs
Dassault Aviation shares saw renewed upward movement for the second straight day after India officially denied reports that any of its Rafale fighter jets were shot down during Operation Sindoor. On July 8, the company's stock opened slightly higher at €297.40, marginally up from the previous close of €297. The development follows weeks of pressure on the stock, which had declined by about 3 percent over the past month, largely due to speculation surrounding the Indian Air Force&rs
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The
Apple has made headlines with its latest real estate investment spree, spending over half a billion dollars in just one week. The tech giant finalized two major property purchases in Silicon Valley, underscoring its commitment to expanding its footprint in the region. On June 24, Apple closed a deal to acquire the 220,000-square-foot Cupertino Gateway complex for $166.9 million. Located on North Tantau Avenue in Cupe
Apple has made headlines with its latest real estate investment spree, spending over half a billion dollars in just one week. The tech giant finalized two major property purchases in Silicon Valley, underscoring its commitment to expanding its footprint in the region. On June 24, Apple closed a deal to acquire the 220,000-square-foot Cupertino Gateway complex for $166.9 million. Located on North Tantau Avenue in Cupe
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
A recent study by Stockton University has revealed that a majority of New Jersey residents believe beach tag or badge prices are too high, and many feel that access to the state’s beaches should be free. This long-standing issue has sparked renewed debate across the Garden State as summer arrives and families make their way to the shore. The study found that 65% of residents think beaches are public resources and should be accessible to everyone without additional fees.
A recent study by Stockton University has revealed that a majority of New Jersey residents believe beach tag or badge prices are too high, and many feel that access to the state’s beaches should be free. This long-standing issue has sparked renewed debate across the Garden State as summer arrives and families make their way to the shore. The study found that 65% of residents think beaches are public resources and should be accessible to everyone without additional fees.
European bank stocks are enjoying a notable upswing, with both Barclays and Deutsche Bank shares reaching their highest levels in over a decade. This rally is being fueled by a combination of easing geopolitical tensions, signs of improving global trade relations—particularly between the United States and China—and robust first-quarter earnings, especially from investment banking divisions. Barclays, one of the UK’s leading financial institutions, has seen its
European bank stocks are enjoying a notable upswing, with both Barclays and Deutsche Bank shares reaching their highest levels in over a decade. This rally is being fueled by a combination of easing geopolitical tensions, signs of improving global trade relations—particularly between the United States and China—and robust first-quarter earnings, especially from investment banking divisions. Barclays, one of the UK’s leading financial institutions, has seen its
Oil sector stocks in India saw notable gains today, largely driven by major geopolitical developments. A ceasefire between Iran and Israel led to a sudden shift in oilarket sentiment, reversing a recent upward trend in crude prices. The announcement resulted in a noticeable decline in global oil benchmarks, which had been elevated due to the prior escalation of tensions. Brent crude, which had surged earlier in the week to a peak of $81.40 per barrel, dropped sharply following the
Oil sector stocks in India saw notable gains today, largely driven by major geopolitical developments. A ceasefire between Iran and Israel led to a sudden shift in oilarket sentiment, reversing a recent upward trend in crude prices. The announcement resulted in a noticeable decline in global oil benchmarks, which had been elevated due to the prior escalation of tensions. Brent crude, which had surged earlier in the week to a peak of $81.40 per barrel, dropped sharply following the
Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g
Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g