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Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …

Kelly Cloonan   


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Morgan Stanley expects Budget to focus on road map for 'Viksit Bharat'

Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23, which will be the…

PTI   


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Stock market today: Indexes gain as investors brace for key tech earnings

Google parent Alphabet will report earnings after the market close on Tuesday. Data due this week i…

Matthew Fox   


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'Animal spirits': 7 market strategists share how to ride the red wave as US stocks surge to new records

US stocks reached record highs after Donald Trump won. Here are eight top places to invest, based o…

James Faris   


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Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says

Masayoshi Son believes artificial superintelligence will be achieved in 2035, and will require huge…

Matthew Fox   


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This multibagger midcap stock is a proxy play on India capex

Mumbai-based wire and cable company has been amongst the top gainers in the last few sessions, as t…

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Nvidia stock tests record highs as Wall Street defends chipmaker's valuation amid 'AI arms race'

Nvidia stock is trading at a forward price-to-earnings multiple of about 35x, which is below its th…

Matthew Fox   


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One of Wall Street's biggest bears is turning upbeat on the stock market for the first time in 2 years

"While it is too soon to assume that this is a turning point, it does suggest that a recession is u…

Matthew Fox   


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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data

The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …

Max Adams   


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There's a hidden risk lurking for AI stocks in 2025

An accounting method used to spread the cost of new technology over the course of years could end u…

Matthew Fox   


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Investments in real estate, government capex to drive India’s investment cycle in FY24

India’s investments will continue to be driven by household investment in real estate and governmen…

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Nifty records new high, Sensex gains 200 points in early trading

Indian markets reached new highs on Friday, with the Nifty touching a new peak during early trade a…

ANI   


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After huge election results-driven drop, markets bounce back in early trade due to value-buying at lower levels

Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Wednesday after …

PTI   


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Tech stock sell-off may herald the long-awaited AI reckoning

AI-focused stocks including Nvidia, Apple and Microsoft face a brutal slide that raises questions a…

Hasan Chowdhury   


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Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…

PTI   


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Intel is having a meme-stock moment. 4 retail investors explain why they're betting on the chipmaker.

Members of Reddit's WallStreetBets are exchanging Intel memes and say they've taken stakes in the c…

Theron Mohamed   


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India on the brink of witnessing a 2003-08 kind of capex push but challenges remain

India's markets are hitting new highs every day, and the government is hoping that this will lead t…

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When will AI's stock-market dominance fade? Goldman says watch this key signal.

Amazon, Meta, Microsoft, and Alphabet have spent hundreds of billions of dollars on AI. Goldman say…

Filip De Mott   


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RIL cuts net debt to $14.2 billion in Q2, guides for a ‘significant slowdown’ in capex intensity in 2024

Shares of Reliance Industries are down 10% this year, which is a significant underperformance compa…