Author : Sruthi S Kumar
Technology & Markets
Wall Street Rallies on AI Chip Deal as Indian Stocks Slide on IT Weakness
U.S. technology stocks advanced as renewed enthusiasm for artificial intelligence lifted semiconductor shares, while Indian equities came under pressure from selling in information technology stocks and concerns over elevated crude oil prices. The co...
Asian market
Asian Markets Slide as Oil Prices and Weak Tech Stocks Weigh on Sentiment
Asian stock markets traded largely lower on Monday, October 26, as concerns over elevated crude oil prices, geopolitical tensions and weakness on Wall Street weighed on investor sentiment. Indian equities also opened sharply lower, with information t...
Indian economy
Rupee Under Pressure as Rising Oil Prices and Dollar Demand Weigh on Currency
India's currency faces challenges from rising crude oil prices affecting import costs. The USD/INR exchange rate reflects market volatility amid these challenges. Higher energy prices increase costs for Indian refiners and importers. This can lead to...
Technology & Markets
Wall Street Futures Stabilize as Investors Assess Big Tech Earnings and AI Spending
Major technology companies report quarterly earnings, with Meta Platforms showing strong revenue growth from advertising business and Tesla prompting questions about future capital expenditure plans. Investors closely examine financial results, reven...
Equities
Tech Stocks Slide as AI Spending Concerns Put Big Tech Earnings in Focus
US technology stocks came under heavy selling pressure last week as investors questioned whether the enormous investments in artificial intelligence (AI) infrastructure will generate sufficient returns. The decline comes at a crucial moment for Wall...
Forex
Indian Rupee Strengthens Against Dollar as RBI Measures Support Recovery
The Indian rupee strengthened against the US dollar on Friday, October 16, as Reserve Bank of India (RBI) measures and a reduction in bearish currency positions supported the domestic currency. The recovery came despite elevated crude oil prices and...
Global economy
Wall Street Futures Slide as Global AI Sell-Off Deepens After Hot Inflation Data
US stock futures weaken as inflation concerns, rising AI investment costs and fears over technology valuations unsettle global markets. Wall Street is heading into another volatile session on Thursday, October 15, as a global sell-off in artificial i...
Asian market
Asian Tech and Chip Stocks Slide as AI Competition Fuels Market Sell-Off
Asian technology and semiconductor stocks tumbled on Tuesday as investors reassessed the outlook for artificial intelligence (AI)-related companies amid intensifying competition and concerns about elevated valuations. South Korea's benchmark KOS...
Indian stock market
Indian Shares Set to Open Higher as Oil Prices Ease and RBI Moves to Support Rupee
Indian equity markets were poised for a positive start on Monday, October 12, as easing crude oil prices and fresh measures by the Reserve Bank of India (RBI) to support the rupee improved investor sentiment. However, persistent geopolitical tensions...