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2 mins read

Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says

As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…

Filip De Mott   


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3 mins read

India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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3 mins read

'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's first-quarter earnings

"With H100 lead times falling and H200 and GB200 products now in the mix, Nvidia has more levers to…

Matthew Fox   


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All you need to know about Stanley Lifestyles Limited's IPO

The company offers multiple products like beds, armchairs, kitchen cabinets and sofas under the bra…

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Extreme heat melts diesel demand, sales drop 4% in June

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …

PTI   


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IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption

The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.

Yuheng Zhan   


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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA

"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…

PTI   


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AI and robotics are the keys that will drive Tesla to a $1 trillion valuation, Wedbush says

Tesla stock could see a rebound as soon as the second half of this year, according to Wedbush analy…

Jennifer Sor   


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Heatwaves push India's power demand to seasonal peak; Delhi sets record intake at 7,717 MW

As a considerable part of India experiences severe heatwave, necessitating the need for air conditi…

ANI   


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1 min read

There are 5 reasons any dip in Nvidia stock will be short-lived - and investors should use a decline as a buying opportunity

"We believe recurring software services could open the next leg of growth," Bank of America said of…

Matthew Fox   


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Stock market today: S&P 500 and Nasdaq head for new highs as Nvidia rally pushes on

Major averages were headed for another all-time high Thursday amid Nvidia's big rally this week. Jo…

Max Adams   


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Amid heatwave, Delhi's power demand soars to May's highest ever at 7,572 MW

A heatwave in parts of Delhi on Monday pushed the national capital's peak power demand to its highe…

PTI   


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Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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Stock market today: Mega-cap tech drives S&P 500 and Nasdaq to record highs

Shares of Microsoft, Apple, and Broadcom all surged between 1.5% and 5% on Tuesday while Nvidia, Am…

Matthew Fox   


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BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more

"We see it hard for the company to generate additional sales with its current product portfolio or …

Matthew Fox   


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1 min read

Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says

"In my view, Tesla is the biggest stock market bubble in world history," according to one investor …

Jennifer Sor   


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Stock market today: Indexes dip as traders take a breather after record-setting week

Goldman Sachs boosted its year-end S&P 500 price target to 5,600, while Evercore ISI raised its tar…

Matthew Fox   


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1 min read

Brace for a stock-market pullback after an epic start to the year, strategist warns

CFRA's Sam Stovall said history suggests the S&P 500 could slump as much as 12% before notching fur…

Theron Mohamed   


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OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…