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US investors are increasingly moving money out of domestic equities and into overseas markets, signalling a shift away from the long-dominant “buy America” trade as returns from Big Tech moderate and global markets outperform.Data from LSEG/Lipper shows US-domiciled investors have withdrawn about $75 billion from US equity products over the past six months, including $52…
OpneAI has now told investors that it is targeting $600 million in total compute spending by 2030. As reported by CNBC, this new figure showcases a sharp decline from the $1.4 trillion figure which OpenAI CEO Sam Altman touted months ago. This move the company raises concerns but its expansion plans which were outpacing its…
US stocks traded with modest gains in tentative trading on Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had previously contributed to market volatility, AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500 gained 0.4 per cent, while the Nasdaq…
Foreign portfolio investors once again turned towards Dalal Street to shop for Indian equities, spending in Rs 33,487 crore across 15 sectors, in the first half of February. The bulk of the inflows went into capital goods, financial services and oil & gas stocks, marking the strongest fortnightly buying seen since the second half of…
Gold has moved below the mid-Bollinger band, confirming downside pressure. (AI image) Gold price prediction today: Gold prices are facing resistance at higher levels, and the short-term structure is showing weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,54,700 after failing to sustain the…
Indore, widely known as the commercial capital of Madhya Pradesh, has seen a rapid development in real estate markets. The city has also topped the list of the cleanest city in India for eight consecutive years (up to 2025) in the Swachh Survekshan survey, which only shows the presence of strong governance. Backed by strong…
Jim Cramer, one of America’s biggest investors recently questioned the use of artificial intelligence (AI) tools in high stake jobs, saying he remains unconvinced that major law firms can fully rely on AI. Sharing a post on X (formerly Twitter), Cramer wrote: “I know AI will get better but can someone tell me one major…
Domestic equity markets closed in negative territory after a sharply fluctuating trading session. (AI image) Stock market crash: Nifty and Sensex saw a week of extremely volatile trade, with both benchmark indices giving up initial gains amidst the IT sector stocks’ selloff. For the week, the Sensex has dropped 953.64 points, or 1.14%, while the…
The government’s stake sale in Bharat Heavy Electricals Ltd (Bhel) was oversubscribed two times on the first day, with institutional investors placing bids worth over Rs 5,650 crore on Wednesday.Institutional investors bid for more than 22.07 crore shares at an indicative price of Rs 256.07 per share, against about 9.40 crore shares on offer under…
Strategists at America’s biggest bank JP Morgan have recently shared a note to investors, saying the sharp fall in software stocks may be excessive and could be driven by fears that are not fully supported by current business conditions. In its note to investors, the bank said that markets are pricing in near-term disruption from…
