Arm Holdings stock surged over 19% on Wednesday following the UK-based firm’s introduction of a new processor suite tailored for data centers and artificial intelligence. In a landmark strategic shift,…
Category: Market
Super Micro Computer shares jump another 9%, recover 18% in three sessions after sell-off over AI chip smuggling probe
Shares of Super Micro Computer, a developer of modular server and storage solutions, are attempting to recover from recent losses, as the stock surged another 9% in Wednesday’s trade, 25…
Gold, silver rates today: Comex gold gains $199/oz; silver rallies $5.2 as inflation fears ease on US-Iran talks
Precious metals witnessed renewed buying in Wednesday’s trade, amid growing expectations of a de-escalation in the Iran conflict and potential negotiations between the United States and Iran, even as strikes…
SEBI, Google roll out ‘verified’ badge for investment apps to curb fraud
In a bid to curb rising digital financial frauds, the (SEBI) on Wednesday partnered with Google to introduce a ‘verified’ badge for investment apps on the Play Store, allowing users…
Arm Holdings shares jump 17% to 3-month high as company unveils first-ever data centre CPU
US-listed shares of Arm Holdings, the chip design firm owned by SoftBank, witnessed strong buying interest from the opening bell on Wall Street, surging 19% to hit a 3-month high…
Bernstein, UBS trim Nifty targets as West Asia conflict clouds outlook
Heightened volatility and mounting headwinds have prompted global and domestic brokerages to take a more cautious stance on Indian equities, as the escalating West Asia conflict fuels crude oil volatility,…
TVS Holdings declares interim dividend
The board of directors of TVS Holdings, at its meeting held on Wednesday, declared an interim dividend of ₹86 per share (1,720 per cent) on 2,02,32,104 equity shares of ₹5…
Sebi flags rise in fraudulent trading apps siphoning investor money
Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey warned about a surge in apps that siphon off investor money, as the regulator partnered with Google Play to…
SEBI fills WTM vacancy with KV Ramana Murty
The government has filled a key vacancy on the SEBI board with the appointment of Kompella Venkata Ramana Murty as whole-time member (WTM), restoring the regulator’s full strength and setting…
Wall Street jumps on prospects of de-escalation in Middle East war
US stock indices jumped on Wednesday on prospects of de-escalation in the Middle East conflict. At the opening bell, the Dow Jones Industrial Average rose 190.2 points, or 0.41%, to…