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2 mins read

Stock market euphoric over Trump win

US indexes staged a major rally, with the Dow rising 1,500 points following the decisive election o…

Jennifer Sor   


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2 mins read

Dow soars 1,300 points, yields surge as decisive Donald Trump win reverberates through markets

Trump's victory set off a wide-ranging rally across markets Wednesday morning , with the decisive o…

Jennifer Sor   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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2 mins read

Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus

LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …

Kelly Cloonan   


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2 mins read

Stock market today: Indexes fall from records as chip rout drags tech shares lower

Dutch firm ASML led the semiconductor rout, falling 16% after it cut 2025 sales guidance.

Filip De Mott   


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1 min read

Stock market today: Indexes trade mixed as investors sift through big bank earnings

Gains were muted Tuesday morning as investors parsed through the latest earnings from Citigroup, Go…

Filip De Mott   


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Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says

NVDA shares could notch $800 each by 2030, former BCG exec Phil Panaro predicted.

Jennifer Sor   


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2 mins read

Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO

CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…

PTI   


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SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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3 mins read

5 reasons the strength of the US dollar is here to stay through end of the decade

Ed Yardeni dismissed the growing narrative of de-dollarization, noting that there's a host of reaso…

Matthew Fox   


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2 mins read

Stock market today: US stocks rise to records ahead of key June inflation report

This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…

Matthew Fox   


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2 mins read

The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks

A Bloomberg report has new details about Citigroup's equities division's toxic culture. A lawsuit f…

Lakshmi Varanasi   


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1 min read

Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…

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1 min read

Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs

Citigroup's CEO Jane Fraser is still paid less than other major bank CEOs on Wall Street.

Hannah Getahun   


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2 mins read

Aadhar Housing Finance sets IPO price band at ₹300-315 per share

This will be the third maiden public issue opening next week after TBO Tek and Indegene. …

PTI   


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5 mins read

The CEO who believes that there’s a lot more to digitise at banks

the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …

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2 mins read

Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran

Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of …

Matthew Fox   


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2 mins read

Stock market today: US stocks drop as investors digest first batch of bank earnings

"There seems to be a large number of persistent inflationary pressures, which may likely continue,"…

Matthew Fox   


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1 min read

Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings

Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…

Theron Mohamed   


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1 min read

Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings

Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…

Theron Mohamed