Gold extends pullback as Trump threatens more strikes on Iran
Spot bullion was down more than 3% after the latest comments by Trump, who has vacillated from threats of intensified attacks to touting that a…
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Amazon inks $17.5 billion loan as AI borrowing frenzy grows
The tech giant agreed to a $17.5 billion delayed-draw term loan with banks including Citigroup Inc., according to a filing on Wednesday (June 10).
Super Micro tumbles 19% after unveiling $7 billion equity raise to fund AI server expansion
Super Micro is tapping capital markets to finance a growing AI server business backed by nearly $39 billion in orders. While analysts see the fundraising…
Pimco warns a wave of defaults is coming for low-quality borrowers
Pimco, which manages $2.3 trillion in assets, said the AI buildout could widen the range of economic outcomes over the next five years while leaving…
Trump hails Citigroup as top M&A adviser, but rankings tell a different story
President Donald Trump’s unexpected endorsement of Citigroup CEO Jane Fraser put the bank’s dealmaking business in the spotlight, even as industry league tables showed the…
UltraTech Cement buys stake in renewable energy firm to cut power costs
UltraTech Cement Ltd has entered into an Energy Supply Agreement and a Share Subscription and Shareholders Agreement to acquire a 13.99% equity stake in FPEL…
SEBI mistook Valcambi EBITDA for revenue, all documents submitted: REL chairman
Rajesh Exports chairman Rajesh Mehta said SEBI’s ₹15.15 lakh crore revenue inflation concern stems from a misunderstanding of Valcambi’s financials, arguing that the regulator treated…
What’s likely to move markets in the next trading session on June 11?
On Wall Street, weakness in technology and AI-linked stocks remains in focus after recent declines. In Europe, expectations of a European Central Bank rate hike…
IOL Chemicals reports minor fire incident at Minoxidil manufacturing unit in Punjab
Shares of IOL Chemicals and Pharmaceuticals Ltd ended at ₹129.95, down by ₹2.95, or 2.22%, on the BSE.
AI, oil worries have ‘over-punished’ India, masked long-term investment case, Blackrock says
BlackRock says India stocks are over punished for lacking direct AI and oil risks, keeps constructive stance, backs financials and industrials despite volatility and foreign…