Nvidia stock popped. Anthropic filed for an IPO. Oil is swinging. June is off to a wild start
Anthropic filed for an IPO, while Google parent Alphabet said it would raise $80 billion from stock sales to fund its AI buildout
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HPE stock soars after blowing past earnings expectations on AI demand
The company raised its full-year earnings guidance by $1 per share and said it is now two years ahead of its long-term financial plan
Nvidia CEO Jensen Huang calls Marvell the next trillion-dollar company. The stock soars
Nvidia entered into a broader partnership with Marvell earlier this year that included a $2 billion investment in the company
Rupee falls 10 paise to close at 95.29 against U.S. dollar
Brent crude, the global oil benchmark, was trading lower by 1.66% at $93.40 per barrel in futures trade
Oil prices fall amid Trump’s talks with Iran
Brent crude futures lost 75 cents, or 0.79%, to $94.23 a barrel, while U.S. West Texas Intermediate fell 85 cents, or 0.92%, to $91.31 a barrel
Stock markets decline in early trade as U.S.–Iran talks face repeated setbacks
The 30-share BSE Sensex declined 296.19 points to 73,971.30 in early deals. The 50-share NSE Nifty dropped 103.30 points to 23,272.25
Rupee rises 16 paise to 95.03 against U.S. dollar in early trade
The uncertainty surrounding West Asia continues to cast a shadow over financial markets and energy prices
Strategy sold bitcoin for the first time since 2022 to cover preferred stock dividends
The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock
Anthropic files for an IPO that could make history
The filing comes as Anthropic, which makes the increasingly popular Claude AI chatbot, has seen a surge in demand for its AI products
Oil surges almost 8% as the U.S.-Iran ceasefire deal risks collapsing
Iran said negotiators would not meet with U.S. officials until Israel stopped attacks in Gaza and Lebanon and pulled back from occupied Lebanese territory
Wall Street closed May at record highs on AI and Iran hopes. Now the war is flaring again
Markets had ended the month at fresh highs after the U.S. and Iran reached a 60-day memorandum of understanding to extend a ceasefire
Markets
Gold declines ₹2,500 to ₹1.6 lakh/10g amid fresh U.S.-Iran tensions
Silver prices also weakened sharply, falling ₹5,000, or nearly 2%, to ₹2,69,700 per kilogram
Markets
Rupee falls 10 paise to close at 94.95 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 94.93 against the U.S. dollar, then touched an intraday high of 94.73 and a low of 95.03 during the day
Markets
Sensex, Nifty rebound in early trade on blue-chip buying, Asian rally
Sensex climbed 206.16 points to 74,981.90 in early deals; NSE Nifty went up by 42.65 points to 23,604.80
Markets
Rupee falls 9 paise to 94.94 against U.S. dollar in early trade
At the interbank foreign exchange market the rupee opened at 94.93 then lost some ground and touched an early low of 94.94, registering a fall of 9 paise from its…
Markets
Mixed bag for precious metals in May: Gold price dips, silver rises
Both gold and silver are still range bound; while there can be a short-term bounce in the prices of the precious metals, there are no signs yet of any resumption…
Markets
Markets dip 1.5% after MSCI rebalances its India Index
The slide comes amid reports of a below-normal monsoon season rainfall and geopolitical uncertainty related to the U.S.-Iran ceasefire arrangement
Markets
Rupee rises 53 paise to close at 95.05 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 95.77 against the U.S. dollar, then touched an intraday high of 94.97 and a low of 95.78 during the day
Markets
Rupee rises 5 paise to 95.53 against U.S. dollar in early trade
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.09, up 0.07%
Economy
Argentine provinces tap global markets that sovereign avoids
Provincial governments are tapping global bond markets at the fastest pace in nearly a decade Leer más
Money & Markets
Kohl’s stock surged after the retailer beat expectations and posted its best sales performance in four years
The department store chain lost 13 cents per share in its fiscal first quarter, beating analyst expectations of a 19-cent loss
Money & Markets
Snowflake stock rockets after an earnings beat and a $6 billion Amazon cloud deal
The cloud data company reported $1.39 billion in first-quarter revenue, up 33% year over year, and lifted its full-year product revenue guidance to $5.84 billion
Money & Markets
Salesforce posted a record quarter and beat earnings estimates. But soft guidance stalled the sto — but soft guidance tempered the rally
The cloud software company reported $11.1 billion in first-quarter revenue, but its full-year outlook landed just below Wall Street expectations
Money & Markets
Burlington Stores surged past earnings expectations and lifted its full-year outlook
The off-price retailer posted a 26% jump in adjusted earnings per share and lifted its full-year adjusted EPS guidance to $11.45–$11.80
Money & Markets
The Fed’s favorite inflation gauge is expected to hit 3.8% and Iran keeps the markets moving
The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%
Money & Markets
DigitalBridge is acquiring power infrastructure investor ArcLight for up to $1.05 billion
The deal includes a $650 million base price plus up to $400 million in contingent consideration, and is contingent on SoftBank's pending acquisition of DigitalBridge
Markets
Stock markets decline for second day on selling in oil and gas, banking shares; Sensex down 142 points
Capital Goods jumped 3.21%, followed by Utilities (2.39%), Power (3.27%), Metal (1.74%), Auto (1.33%), Telecommunication (1.02%) and Consumer Discretionary (1.01%)
Markets
Rupee settles on flat note, up 2 paise at 95.68 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 95.60 against the U.S. dollar, and touched an intra-day low of 95.79 against the American currency
Markets
Stock markets trade lower amid volatile trends
Brent crude, the global oil benchmark, traded 1.56% lower at $98 per barrel
Markets
Rupee falls 8 paise to 95.78 against U.S. dollar in early trade
المصدر: The Hindu — Business
Mindful Money
Micron stock surges after UBS more than triples its price target, citing AI
UBS raised its target on Micron to a Street-high $1,625 from $535, arguing AI has structurally changed the memory market
Money & Markets
BP stock plunges after company ousts its chairman over conduct and governance concerns
BP stock fell as much as 9% in London after the board said it had unanimously removed Albert Manifold with immediate effect
Money & Markets
Oil just fell 6%. Markets are betting Trump’s Iran deal talk is finally real
Brent crude climbed back above $96 a barrel Tuesday after briefly falling below $94 on hopes a deal to end the war was near
Markets
SEBI plans pilot project for tokenisation of corporate bonds, rollout may take 6-9 months
SEBI Chairman Tuhin Kanta Pandey said tokenisation could help improve liquidity in the corporate bond market and enable more instantaneous and automated settlements
Markets
Global oil price gains 3% as U.S. Military strikes on Iran add to peace deal uncertainty
Energy markets reacted sharply to renewed military tensions and fragile diplomacy between Washington and Tehran, with the Strait of Hormuz remaining partially restricted
Markets
Rupee falls 17 paise to 95.43 against U.S. dollar in early trade
On the domestic equity market front, Sensex declined 264.82 points to 76,224.14 in opening trade, while the Nifty dipped 27.6 points to 24,004.10