This comes as the Russell 2000 gauge of small-cap stocks surged 1.3% to a record on Wednesday, while the S&P 500 closed up 0.7%, falling shy of all-time highs. Bonds surged after the Fed authorised the purchase of new Treasury…
Sensex Today | Stock Market LIVE Updates: 80 Nifty Midcap 100 constituents, and 67 Nifty Smallcap 100 constituents ended with losses on Wednesday. 25,800 was touted to be a key support level for the Nifty, but it has closed below…
According to Chief Executive Officer Shantanu Narayen, Adobe’s performance for the most recent fiscal year exceeded forecasts, demonstrating the company’s “growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools.”
Oracle Corp. reported revenue of $16.06 billion for the second quarter of its fiscal year, implying a growth of 14% from last year. However, the figure was lower than the $16.21 billion estimate from analysts tracked by Bloomberg.
The airline went on to add in its exchange filing that the overall financial impact cannot be quantified at this stage.
The markets are also taking cognisance of the fact that while Powell and the Fed Dot Plot, an individual projection of Fed officials on the future interest rate path, may have projected only one cut for next year, there will…
The S&P 500 rose 0.4% and inched closer to its record, which was set in October. The Dow Jones Industrial Average added 386 points, or 0.8%, as of 2:34 p.m. Eastern time, and the Nasdaq composite edged up 0.1%.
In a statement released after a two-day meeting, the Fed’s rate-setting committee signalled that it may keep its rate unchanged in the coming months. And in a set of quarterly economic projections, Fed officials signalled they expect to lower rates…
TCS has acquired US-based Coastal Cloud for $700 million, boosting its global Salesforce strength and accelerating its AI-first transformation strategy with 400+ multi-cloud experts.
Indian investors are steadily moving beyond single-asset strategies, with multi-asset funds, hybrid products, and select global schemes witnessing sustained inflows through 2025. According to Axis AMC’s B. Gopkumar, this shift reflects a structural change in how retail participants approach risk,…