The Economic Times

Oil prices dropped more than $1 on Thursday as hopes for progress in peace talks over the Middle East and the Russia-Ukraine wars pressured the market. Brent

CoreWeave's strong earnings report alleviated investor worries regarding excessive spending in the AI sector. Following this, both the S&P 500 and Nasdaq saw gains exceeding 1%. Nvidia's stock also rebounded after a significant decline linked to troubling remarks about its CEO. Moreover, the Philadelphia SE Semiconductor index experienced a 7% jump, reflecting heightened investor optimism. Overall, market activity suggested a renewed interest in technology equities amid fluctuating economic conc

Nasdaq 100 futures fell over 1% and S

On Wednesday, the Indian rupee surged to a close seven-month peak of 93.69 against the US dollar, fueled by a dip in oil prices and a surge in foreign capital into Indian stocks. Although exporters are evaluating hedging options, their engagement is lackluster due to recent regulations. As Brent crude oil prices settle around $92 per barrel, experts forecast the rupee to oscillate within the bandwidth of 93.25 to 94.

Bajaj Finance has launched a share sale to raise up to

A Chinese university with close links to the country's military has purchased two of Nvidia's powerful H200 AI chips despite being on the US export blacklist, according to procurement records reviewed by Reuters. The findings raise fresh concerns over gaps in Washington's export restrictions and China's access to advanced American technology through domestic suppliers. Other Chinese universities and research institutions have also reportedly obtained restricted Nvidia chips or rented computing c

Mutual funds in India have continued supporting domestic equities despite market volatility and foreign selling. They decreased stakes in 79 companies for four consecutive quarters until September 2026. While domestic investments by mutual funds totaled

ET Intelligence Group: Hindalco delivered record quarterly revenue and net profit for the September quarter amid higher metal prices and improving Novelis performance. However, the growth trajectory is expected to be muted in the second half of the current fiscal year owing to softer aluminium prices and higher input costs. The company has stepped up investments in capacity expansion and value-added products.It has around 50,000 crore worth of expansion projects under execution in India and anot

Gold prices edged lower on Thursday as hotter-than-expected US inflation data and hawkish Federal Reserve commentary lifted the dollar to near a one-month high and reinforced

Indian equities have seen significant gains recently, with the Sensex and Nifty reaching their highest levels since February. Heavyweight stocks in the banking and auto sectors contributed to this rally amid declining crude oil prices. Profit booking was expected as investors took some money off the table after the sharp market movements. Foreign investors purchased nearly $7 billion worth of Indian equities during this period.

Nvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the longtime leader. The possibility of a leadership change has raised concerns among investors and market experts about the company's succession plans, future AI strategy, China business and its position in the global artificial intelligence industry. Here is what market experts are saying about the potential impact on Nvidia and the broader AI sector.

Nvidia CEO Jensen Huang was reported to have had an affair with Kimberly Powell, a company executive. The situation has drawn the attention of Nvidia's board, which is investigating possible foreign intelligence efforts. Huang admitted to the affair in a message sent to employees. His admission coincided with a nearly 4% drop in the company's stock price.

Nvidia's co-founder and CEO Jensen Huang faces potential ousting due to various controversies involving multiple affairs. Reports indicate Huang is involved with two women, including a subordinate at Nvidia. Shareholders have filed a class action lawsuit against him for failing to disclose pertinent information about his relationships. The companys stock has significantly declined following Huang's admission of infidelity.

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Indians showed a significant increase in gold and silver purchases during Dhanteras-Diwali this year. Gold buying rose by 30% while silver demand increased by 10% compared to last year. Consumers bought 52 tonnes of gold valued at

Debt mutual funds saw a net outflow of Rs 1.8 lakh crore in September, the highest monthly withdrawal in the first half of FY27. Despite this, they remain an important investment avenue for investors looking to park surplus money, manage short-term goals and diversify their portfolios. A look at how debt funds work and what investors should know before investing.WHAT ARE DEBT MUTUAL FUNDS?Debt mutual funds invest in fixed-income instruments such as government securities, treasury bills, corporat

Mumbai: Inflows into equity mutual fund schemes declined 14% in October, as stocks remained subdued through the first three weeks, with investors trimming allocations to smallcaps and several other categories. Large and midcap funds, however, witnessed a sharp increase in investments,Net inflows into equity-oriented mutual fund schemes stood at 32,993 crore in October, compared with 38,306 crore in September, according to data released by the Association of Mutual Funds in India (AMFI). Smallcap

Andhra Pradesh Chief Minister N Chandrababu Naidu said the state will introduce an Investment Protection Act to ensure that future governments cannot reverse incentives, land allotments, approvals or other commitments made to investors.

US Stock Market: CBOE Volatility Index fell for the fourth straight session to close at a one-week low of 17.49. Last week, Wall Street's fear gauge hit its highest in more than seven months.

This comes after a controversy surrounding Nvidia CEO Jensen Huang and the chipmaker's China business has spiraled into a national-security and political storm.

A Shanghai company secured Nvidia's Preferred Cloud Partner status just four months after its founding and two weeks after the US expanded chip export restrictions on China. An investigation by The Information has since linked its ownership to Alice Huang's family and examined its place in a wider network handling billions of dollars in Nvidia GPUs.

CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S

Nine wind turbine blades destined for disposal have been repurposed as public seating at Willemsplein in Rotterdam. This initiative, known as Blade Made, was designed by Superuse and installed in 2012. The seating structure became an LGBTQI+ landmark after it was designated as such in 2020. The blades are held in place by concrete blocks made from recycled rubble from the city.

Mumbai: Tata Group's semiconductor business is in initial discussions with domestic and international banks to raise up to $2 billion through multiple loan tranches to fund its expansion plans, according to people familiar with the discussions.The first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at an early stage, with the final size, pricing and lender participation yet to be firmed up. The loan could be priced a

The findings come as Nvidia and its CEO Jensen Huang face mounting scrutiny in Washington over his lobbying for looser restrictions on sales of AI chips to China, following reports alleging he was targeted by a Chinese spy.

Tanishaa Mukerjis Mumbai residence beautifully blends aesthetic appeal with understated sophistication. The actress, who is Bollywood star Kajols sister, recently offered a glimpse into her sprawling home, welcoming filmmaker Farah Khan, along with her assistant and cook, Dilip, for a house tour earlier this year.

'We haven't rolled up our sleeves': Moody sends blunt message to GOP before 120th Congress convenes

Two Special Police Officers from Kishtwar district disappeared while traveling to an Army post, prompting serious concerns. After their phones became unreachable, security forces initiated a substantial search operation in the area. The missing personnel's identities have been confirmed as Babi Chand and Rashpal Kumar, raising worries about their safety. Kishtwar has encountered numerous terrorist activities, urging the local administration to call for public cooperation.

CoreWeave shares surged more than 26% on Wednesday, fuelling a rally in battered AI cloud stocks after heavy infrastructure spending delivered strong revenue growth and the company signalled a retreat from the borrowing spree that had raised fears of an artificial intelligence bubble, Reuters reported.CoreWeave shares were trading at $61.61, up $12.88 or 26.43% over the previous close.The results also helped lift Nvidia, a major CoreWeave backer, by 2%. Nvidia had fallen sharply over the previou

Nvidia CEO Jensen Huang is under scrutiny due to rumored connections with a suspected Chinese intelligence asset. An independent committee of directors is investigating potential implications for Nvidia and its stakeholders. Various legal actions, including a proposed class action lawsuit, are being explored by investors. Federal securities regulators may also investigate for possible violations of disclosure laws. The outcome of these investigations could impact the company's future and stock v

Yes Bank bondholders filed a contempt petition in the Supreme Court regarding the restoration of AT-1 bonds. The Supreme Court upheld a ruling that set aside the lender's write-off of 84 billion rupees in bonds. Axis Trustee Services, representing the bondholders, asked for directions to enforce the court's ruling. Yes Bank had not complied with the restoration order, prompting the trustee's legal action.

Nvidia CEO Jensen Huang is no longer expected at Anthropics CEO Forum and has disappeared from the ElevenLabs Summit lineup. The changes come after he admitted to being unfaithful to his wife and as Nvidias board investigates whether he was targeted by a foreign intelligence operation linked to reports involving executive Alice Huang.

Nvidia CEO Jensen Huang asked by 3 Republican lawmakers to brief Congress on November 18 over alleged China spy links. Here's what they want to know about Alice Huang and Megaspeed.

Anthropic PBC is witnessing an overwhelming response for its initial public offering, potentially accumulating up to $90.4 billion. This bullish sentiment reflects a staggering anticipated market valuation of around $1.4 trillion. With a significant revenue run rate of $81 billion as of October 31, investor enthusiasm remains high. The IPO is managed by Goldman Sachs Group Inc.

US stock market rally today: The S&P 500 climbed above 7,600 in Wednesdays early trading as investors returned to technology stocks after two sessions of heavy selling. Nvidia rose nearly 3%, while CoreWeave gained more than 16% after strong quarterly results. The Nasdaq advanced 1.30% today, but the Dow remained almost flat as the AI trade regained momentum.

Indian equities opened higher on positive global cues but surrendered gains amid rising bond yields and hawkish Fed commentary. Smallcaps outperformed as risk appetite improved. Analysts highlighted stock-specific opportunities, including Astra Microwave and Neogen, for Thursday's trading session.

In a buoyant start, Wall Street's primary indexes registered gains, energized by CoreWeave's robust earnings report. The Dow Jones Industrial Average advanced 27.13 points, a modest 0.05% increase, while the S&P 500 enjoyed a significant 73.02 points hike, translating to 0.97%. The Nasdaq Composite soared 385.17 points, a healthy rise of 1.54%. Investors seized this encouraging news as a counterbalance to fears surrounding escalating AI expenditures.

Jensen Huang, CEO of Nvidia, was reportedly involved in an affair with Alice Huang, a Chinese businesswoman. Alice Huang faced allegations of being a spy for China targeting advanced Nvidia chip availability. Reports indicated she may have influenced Nvidias operations, causing concern among policymakers. Megaspeed, where she held a leadership role, was scrutinized for potentially violating export controls. The Chinese government has denied the accusations of espionage against Alice Huang.

India's net direct tax collections rose 11.8% year-on-year to 14.41 trillion Indian rupees ($153.71 billion) between April 1 and November 10, the country's tax

Baird downgraded Nvidia's stock and cut its price target significantly due to various market risks. Concerns over US restrictions on chip sales to China have emerged, affecting Nvidia's revenue outlook. Demand for Nvidia's chips is showing signs of softening amid supply constraints and market uncertainties. Additionally, multiple brokerages have removed Nvidia from their top picks due to recent stock declines.

EasyJet's shareholders voted to approve a 5.7 billion takeover by Apollo on Wednesday. This decision marks a major step towards removing EasyJet from the London stock market. With 97.07% of scheme shares in favor, the airline is targeting a deal completion by the first quarter of next year. Nonetheless, the takeover faces regulatory scrutiny in the EU regarding airline ownership rules.