
$500 billion wiped out: Global chip sell-off spreads from Wall Street to Asia
The Philadelphia SOX gauge is trading near 28 times estimate forward earnings, compared with its five-year average of less than 22 times.

The Philadelphia SOX gauge is trading near 28 times estimate forward earnings, compared with its five-year average of less than 22 times.

The US Dollar index is back above the mark of 100, Cryptocurrencies declined led by Bitcoin, which fell 6%, while Gold futures remained below the…

As investors sought safety, Treasuries advanced across the curve, with the yield on the 10-year falling two basis points to 4.07%. The yen strengthened to…

The decline on Wall Street has percolated to Asian indices as well. Semiconductor and AI-linked shares are witnessing sharp losses in Asian trading this morning.

The company’s GMV rose 27% to ₹5.67 lakh crore, backed by higher payment processing margins from growth in credit card transactions on UPI and affordability…

“The rating upgrade reflects a significant improvement in Bharti’s financial profile and its steadily increasing market share, supported by structural changes in India’s fast-growing mobile…

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If recent commentary from Larsen & Toubro (L&T) and the State Bank of India (SBI) is any indication, the country could be on the cusp…

Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 20.5% year-on-year to ₹108.6 crore, up from ₹90.1 crore in the same period last year. Shares…

Apollo Micro Systems Ltd posts 98.15% profit surge in Q2. Shares of Apollo Micro Systems Ltd ended lower on Tuesday, November 4, by 0.49% at…