Asian shares decline post US Tech-led selloff

Both, Japanese and Australian stocks opened lower, while futures in Hong Kong pointed to losses.

Both, Japanese and Australian stocks opened lower, while futures in Hong Kong pointed to losses.

West Texas Intermediate increased towards $64 a barrel post adding 1.7% on Tuesday. Brent closed above $67.

Apple rebounded after soft iPhone demand headlines, with bullish signals in MACD, RSI, and EMAs. Nishant Pant suggests a $265-$270 bull call spread for a defined risk trade.

Fractal Analytics is India’s first pure play Enterprise AI company. The company intends to invest some proceeds for the IPO to invest in its subsidiary to help it repay some borrowings. Some part of the proceeds will be used for…

The overnight sell-off seen in stocks across software, financial services and asset management, wiped out over $285 billion in market value on Tuesday.

Shares of Salesforce, Adobe, Wipro, Infosys, all fell between 5% to 8% last night. Those of Gartner were down 21%, while other smaller software-as-a-service names fell between 15% to 20%.

Gold and Silver prices saw a rebound after the sharp sell-off over Friday and Monday, while the Dollar saw some profit booking after its biggest two-day advance since April last year. Oil saw a rebound after renewed tensions around Iran.

India’s gems and jewellery exporters are preparing for a strong comeback after the India-US trade deal sharply lowered tariff pressures and restored competitiveness against Asian peers. With US retailers running lean on inventory and gold prices expected to stabilise, SEEPZ…

Walmart hits $1 trillion valuation, becoming the first retailer in the elite club with tech giants like Nvidia, Apple, Microsoft, and Amazon after major AI and digital transformation.

Silver’s sharp rebound after a historic two-day rout has reignited the debate over whether the metal remains in a structural bull market or is entering a prolonged bubble unwinding phase. While the Silver Institute points to strong retail demand and…