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TodayBusiness

Business

20389 articles

Nvidia ignites chip stock rally as forecast shows AI boom is intact
Business

Nvidia ignites chip stock rally as forecast shows AI boom is intact

Nvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming fiscal year. This optimistic outlook highlights sustained investments in artificial intelligence technology. Following this development, shares of other AI-related chip manufacturers also rose, with Nvidia witnessing a substantial one-day boost in its market capitalization.

Admin9 days ago👁 11
Stock market today: Nasdaq, S&P 500, Dow Jones rise as Nvidia leads gains
Business

Stock market today: Nasdaq, S&P 500, Dow Jones rise as Nvidia leads gains

Stock market today: US stocks rise as Nvidia leads tech gains, while investors watch Fed signals, jobless claims and possible semiconductor tariffs.

9 days ago
54
Sebi chief Tuhin Kanta Pandey clarifies on CAS changes after big Sensex expiry-day swing
Business

Sebi chief Tuhin Kanta Pandey clarifies on CAS changes after big Sensex expiry-day swing

Sebi Chairman Tuhin Kanta Pandey said the regulator has no plans to change the Closing Auction Session despite sharp expiry-day swings. Sebi expects participation and understanding to improve, while monitoring liquidity concerns and alleged manipulation. NSE IPO approval is also nearing.

9 days ago
0
Usha Vance breaks silence on JD Vance’s potential 2028 White House bid: ‘Whatever it is…’
Business

Usha Vance breaks silence on JD Vance’s potential 2028 White House bid: ‘Whatever it is…’

For now, both JD and Usha Vance are signaling that the 2028 race can wait, with their attention remaining on the current administration, the midterm elections

9 days ago
0
Calcutta Stock Exchange seeks Sebi nod for trading comeback
Business

Calcutta Stock Exchange seeks Sebi nod for trading comeback

The 118-year-old Calcutta Stock Exchange is seeking Sebi guidance on reviving equity trading through interoperability or a new clearing corporation. The bourse is evaluating regulatory compliance options, with interoperability via NSE or BSE potentially offering a faster route.

9 days ago
0
US earnings cycle no longer carried by Mag7 as profits spread across S&P 500
Business

US earnings cycle no longer carried by Mag7 as profits spread across S&P 500

US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger revenue growth, margin expansion and upgrades across sectors suggest the next market phase could feature wider earnings participation.

9 days ago
0
Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stake
Business

Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stake

Happiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420.25, while investors weighed the potential transaction against the company’s recent profit and revenue growth.

9 days ago
0
ED seizes, freezes  ₹33 crore assets of Vatika promoters in homebuyer 'fraud' case
Business

ED seizes, freezes ₹33 crore assets of Vatika promoters in homebuyer 'fraud' case

The ED has seized and frozen assets worth ₹33 crore linked to Vatika Ltd promoters in a money laundering probe over alleged fraud with homebuyers. The agency alleged that plots worth ₹120 crore were delivered against ₹260.30 crore received.

9 days ago
9
India to get widespread rainfall over the week: IMD
Business

India to get widespread rainfall over the week: IMD

Several parts of north-west, central and north-east India are likely to receive fairly widespread to widespread rain over the coming week, the weather office said.

9 days ago
7
Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upside
Business

Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upside

BNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia's role in the data centre revolution, accelerated computing, strong Q2 financial results, and robust demand for its Blackwell and Vera Rubin platforms despite supply chain constraints.

9 days ago
9
Govt rules out onion export curbs, begins  ₹35/kg buffer-stock sales
Business

Govt rules out onion export curbs, begins ₹35/kg buffer-stock sales

The government had sufficient stocks to meet domestic demand and would rely on buffer-stock releases and market interventions rather than restricting exports

9 days ago
0
‘Don’t ridicule her like this’: Grandma’s innocent conversation with ChatGPT leaves social media divided | Watch video
Business

‘Don’t ridicule her like this’: Grandma’s innocent conversation with ChatGPT leaves social media divided | Watch video

A grandmother's innocent chat with ChatGPT charmed social media as she mistook it for a real person. Her granddaughter documented the exchange, expressing reluctance to correct her Nani's misunderstanding.

9 days ago
0
US stocks today: Nasdaq leads Wall St after Nvidia quells AI fears
Business

US stocks today: Nasdaq leads Wall St after Nvidia quells AI fears

Wall Street opened higher on Thursday as technology stocks rallied following Nvidia's strong revenue forecast. The gain restored investor confidence in the broader artificial intelligence rally, lifting the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite at the opening bell, driven by robust buying across semiconductor and tech shares.

9 days ago
0
9/11 mastermind Khalid Sheikh Mohammed to face trial in June 2028
Business

9/11 mastermind Khalid Sheikh Mohammed to face trial in June 2028

A spokesman for the US military commission at Guantanamo Bay, Cuba, where Mohammed is being held, said Thursday that the trial is scheduled to begin on June 5, 2028.

9 days ago
0
X suspends account of organisers of RSS chief Mohan Bhagwat's New York event
Business

X suspends account of organisers of RSS chief Mohan Bhagwat's New York event

Mohan Bhagwat in US: The event, titled Universal Oneness Celebration, is scheduled to be held at Madison Square Garden on August 29, with Bhagwat set to headline the programme.

9 days ago
0
Wipro ADRs rise 5% after company expands Google Cloud AI partnership
Business

Wipro ADRs rise 5% after company expands Google Cloud AI partnership

Wipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The company will deploy AI internally, train 10,000 specialists and help enterprises embed autonomous agents across core business workflows.

9 days ago
0
Subhash Chandra's  ₹6.5 cr payout to settle dues cleared by NCLT; Congress calls it ‘mundan’: Key things to know
Business

Subhash Chandra's ₹6.5 cr payout to settle dues cleared by NCLT; Congress calls it ‘mundan’: Key things to know

The NCLT approved a resolution plan by Subhash Chandra to settle ₹22,006.57 crore in claims with only ₹6.5 crore, representing a 99.97% reduction. NCLT Member (Judicial) Nilesh Sharma, acting as the third member of the tribunal, approved the resolution plan on Tuesday under Section 114 of IBC.

9 days ago
11
Is Donald Trump administration considering a new round of tariffs on semiconductors? Report reveals….
Business

Is Donald Trump administration considering a new round of tariffs on semiconductors? Report reveals….

The Trump administration is considering a new tariff package on semiconductors and related electronic products, according to Politico. Commerce Secretary Howard Lutnick supports tariff relief for foreign companies that invest in U.S. semiconductor manufacturing to boost domestic production.

9 days ago
11
Solar Industries among 5 stocks hitting 52-week highs; surge up to 22% in a month
Business

Solar Industries among 5 stocks hitting 52-week highs; surge up to 22% in a month

Five BSE 200 stocks hit fresh 52-week highs on Thursday despite a weak market. Divi’s Laboratories led the pack with a 22% monthly gain.

9 days ago
13
‘Complete mockery’: Congress slams Subhash Chandra’s 0.028% NCLT settlement plan; social media reacts
Business

‘Complete mockery’: Congress slams Subhash Chandra’s 0.028% NCLT settlement plan; social media reacts

Congress has criticised a repayment plan involving Zee owner Subhash Chandra, arguing that creditors may recover only a fraction of their claims.

9 days ago
0
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Nasdaq futures outperform after Nvidia puts AI fears to rest
Business

Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Nasdaq futures outperform after Nvidia puts AI fears to rest

9 days ago
0
Realty firm iUSTUS to develop 25 lakh sq ft of residential, commercial real estate in Bengaluru
Business

Realty firm iUSTUS to develop 25 lakh sq ft of residential, commercial real estate in Bengaluru

Realty firm iUSTUS is set to embark on an ambitious project, developing a staggering twenty-five lakh square feet across South and East Bengaluru. Committed to excellence in quality construction and professional execution, the founders, Pawan Sawhney and Santosh Soni, leverage their extensive real estate backgrounds to foster lasting value for both communities and homebuyers.

9 days ago
0
India bonds wobble as supply, RBI cash-drain risks loom
Business

India bonds wobble as supply, RBI cash-drain risks loom

On Thursday, investor appetite for Indian government bonds dwindled amidst fears of increased supply and concerns over RBI's liquidity stance. The results from the treasury bill auction reflected weak demand, driving yields upward. Speculation is building that the Reserve Bank of India may take steps to curtail excess liquidity, preparing for possible policy adjustments as inflationary pressures rise. Market analysts predict interest rate hikes within the next year.

9 days ago
0
Jackson Hole 2026: What to expect from Fed chair Kevin Warsh as markets stay on edge
Business

Jackson Hole 2026: What to expect from Fed chair Kevin Warsh as markets stay on edge

Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech comes as markets grapple with sticky inflation, elevated oil prices and shifting rate expectations. Investors will watch for clues on the Fed’s policy path, while the dollar, Treasury yields and gold could react sharply to any change in Warsh’s tone.

9 days ago
0
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