Walmart-backed digital payments company PhonePe has deferred its planned public offering as geopolitical tensions and falling equity markets weigh on investor sentiment.The Bengaluru-based firm confirmed on Monday that it has temporarily halted preparations for its stock market debut and will restart the process once global capital markets stabilise.The move follows…
Micron stock (NASDAQ:MU) was on track for a strong open on Monday as investors leaned into a familiar but increasingly powerful theme.The MU stock surged over 4% in the pre-market trading on 16th March, a strong move which comes days ahead of the company’s fiscal second-quarter report on March 18.The…
Companies are restructuring operations around automation tools and AI agents capable of performing routine tasks.A report from RationalFX shows that 45,363 technology jobs have been cut worldwide since January 2026.Around one fifth of those layoffs are linked directly to artificial intelligence adoption and organisational restructuring tied to automation.Tech layoffs tied…
US stocks closed red on Friday, despite showing some recovery and optimism after the opening bell.The benchmark S&P 500 index slipped 0.61%, leaving it about 5% below its most recent peak.Meanwhile, the Nasdaq Composite fell 0.93%, and the Dow Jones Industrial Average dropped 119 points, or 0.25%.Rising oil prices tied…
Microsoft’s quality rating reached a new high this week, even as the stock’s price momentum remains weak.At the same time, the company is moving to secure major artificial intelligence infrastructure in Abilene, Texas, as part of a broader effort to expand Azure AI capacity.The quality score rose week over week…
Artificial intelligence is increasingly shaping how modern wars are fought.In recent US military operations linked to the conflict involving Iran, Washington said it struck more than 2,000 targets in just four days.That pace would have been difficult to sustain in earlier conflicts, when military intelligence had to be reviewed manually…
As the conflict in the Middle East continues to roil global markets, investors are searching for signs of a turnaround.However, today on CNBC, Altaf Kassam – EMEA Head of Investment Strategy and Research at State Street Global Advisors – provided a sobering reality check.While historical precedents suggest that markets often…
The S&P 500 Index remained under pressure last week, falling to its lowest level since November 2025. It dropped to $6,632 on Friday, down sharply from the year-to-date high of $7,700. This article explores some of the top catalysts for the S&P 500 Index and its ETFs like VOO and…
The S&P 500 Index remains under pressure this week, continuing a slow downtrend that started in January when it peaked at a record high of $7,000. It has retreated by over 4.8% and is now hovering at its lowest level since November last year. Technicals suggest that this index has…
Rivian stock price is stuck in a technical bear market after falling from last December’s high of $22.7 to the current $15.20. It retreated after the company shared details of the upcoming R2 vehicle, with its short interest continuing to rise. So, will the stock rebound or continue the downward…