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Citi says the stock’s valuations of 49x and 40x FY27 and FY28 earnings already factor in most positives, leaving little room for any negative surprises.

Xiaomi YU7 SUV outsold Tesla Model Y in China last month with 37,869 units, topping SUV sales. BYD led overall in 2025 with over 3 million cars, followed by Geely and Tesla.

Apple shares fell 5% after delays to its Siri upgrade and Apple News app regulatory scrutiny. FTC Chair Andrew Ferguson raised concerns, despite Apple beating Q1 expectations.

While the market is currently focussed on AI disrupting other industries, the hyperscalers are quietly losing ground on Wall Street.

The MSCI Asia Pacific Index declined 0.7%, falling the first time in six sessions, with losses in South Korea and Japan. This came after the S&P 500 declined 1.6% and the Nasdaq 100 fell 2% on Thursday with megacaps slumping.

US trucking stocks like C.H. Robinson and RXO plunged after Algorhythm Holdings launched its AI freight tool SemiCab, promising major efficiency gains and sparking fears of disruption in logistics.

West Texas Intermediate steadied under $63 a barrel, after declining nearly 3%on Thursday, while Brent was over $67.

Anthropic, valued at $380 Billion and backed by major investors, joins OpenAI and SpaceX as a top AI startup likely to go public, focusing on AI safety.

Margin Trading Facility in India hit ₹1.16 lakh crore by Dec 2025, driven by big brokers. PPFAS limits Parag Parikh Liquid Fund exposure for risk control.

Coal India’s margins were impacted due to lower volume and e-auction prices. Its earnings before interest, tax, depreciation and amortisation (EBITDA) came in at ₹9,331 crore compared to CNBC-TV18’s poll of ₹9,997 crore. Its margin was at 26.7% below Street…