The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate was trading at 95.2900, down modestly from the year-to-date high of 96.90.Goldman Sachs turns bullish of the Indian rupeeAnalysts at…
OpenAI is preparing its biggest ChatGPT redesign since launch, just as investors start looking harder at the numbers behind a possible blockbuster IPO.As per a Financial Times report, the company is trying to turn ChatGPT from a question-and-answer chatbot into a broader productivity platform, with coding, agents, image tools and…
Nvidia has deepened its South Korea push with a series of deals that show how central the country has become to the next phase of the AI boom.The agreements, announced during Jensen Huang’s high-profile visit to Seoul, bring Nvidia closer to SK Hynix, SK Telecom, Naver, Doosan Group and LG…
SpaceX is days away from what could become the largest initial public offering in history, and investors are already treating it like a once-in-a-generation market event.The Elon Musk-led company is targeting an IPO price of about $135 a share, with trading expected to begin on Nasdaq on June 12.At roughly…
The 2026 FIFA World Cup kicks off June 11 in North America – the “largest edition” in tournament history, with 48 teams, 104 matches, and 16 host cities spread across the US, Mexico, and Canada.The economic footprint is enormous, and for equity investors, the question isn’t whether money will be…
As the race to build ever more powerful artificial intelligence systems accelerates, one of the industry’s leading players is urging the world to consider a possibility that until recently belonged largely to science fiction: machines improving themselves without human intervention.Anthropic, the AI company behind Claude, said on Thursday that the…
The countdown to SpaceX’s long-awaited stock market debut is entering its final days.Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to take another company public, which is already larger, more ambitious, and arguably far more controversial from a valuation standpoint.Tesla’s IPO raised…
Nvidia (NVDA) stock fell on Friday as investors weighed a stronger-than-expected US jobs report, weakness across semiconductor stocks, and lingering questions about the company’s newest growth initiatives unveiled at Computex.Shares of the AI chipmaker dropped 3.6% to $210.04 in early trading, leaving the stock little changed from where it began…
Shares of Coinbase Global COIN moved lower on Friday after Baird reiterated its Neutral rating on the cryptocurrency exchange operator but lowered its price target, warning that weak trading activity could continue to weigh on the business.Coinbase stock fell nearly 7% in trading to around $152.The shares have struggled throughout…
Shares of DocuSign Inc. DOCU moved lower on Friday after the electronic signature and agreement management software provider offered guidance that left investors looking for stronger signs of accelerating growth.DocuSign stock fell 6% in trading, extending a three-session losing streak and putting the shares down more than 12% for the…