Nvidia (NASDAQ: NVDA) reports earnings after the market close on Wednesday, and Wall Street is bracing for a familiar outcome: another beat.The chipmaker has made exceeding expectations look almost routine. Yet that has not always translated into an immediate reward for shareholders.Several times, Nvidia has posted strong numbers only to…
Indian stocks are stuck in a correction this week as concerns about the economy remain. The blue-chip Nifty 50 Index retreated to ₹23,650 on Tuesday, down by 10% from its highest point this year. This retreat has coincided with the crashing Indian rupee and bonds.Indian stocks retreat amid US-Iran war…
Billionaire Dan Loeb’s flagship hedge fund, Third Point, recalibrated its portfolio in the first quarter of 2026, leaning heavily into the AI trade by initiating a new position in the Vaneck Semiconductor ETF (SMH).Loeb simultaneously increased exposure to individual chip-equipment makers – including ASML, Lam Research, and KLA Corp. Other…
Indian stocks are stuck in a correction this week as concerns about the economy remain. The blue-chip Nifty 50 Index retreated to ₹23,650 on Tuesday, down by 10% from its highest point this year. This retreat has coincided with the crashing Indian rupee and bonds.Indian stocks retreat amid US-Iran war…
Adani Group stocks advanced on Tuesday after the US Justice Department moved to dismiss a criminal fraud case against billionaire Gautam Adani and his associates, according to Reuters.Shares across the conglomerate traded between 0.13% and 2.32% higher, as investors welcomed the possible removal of a significant legal overhang that had…
The Kospi Index retreated into a correction as the recent rally takes a breather amid overheating concerns. It retreated to KRW 7,250, down by 10% from the year-to-date high of KRW 8,038. It remains up by over 72% this year and 178% in the last 12 months. So, is this…
London-headquartered Standard Chartered plans to cut more than 7,000 jobs over the next four years as the lender increases the use of artificial intelligence while pursuing higher profitability and operational efficiency.The bank said on Tuesday it would reduce 15% of its corporate function roles by 2030.The lender’s total global workforce…
Global fund managers raised their allocation to equities by the largest amount on record in May, supported by optimism surrounding corporate earnings growth and expectations that the Federal Reserve could begin cutting interest rates, according to Bank of America’s monthly survey released on Tuesday.The survey showed that investor sentiment toward…
European shares moved slightly higher on Tuesday after investors reacted positively to signs of easing geopolitical tensions between the United States and Iran. Markets also assessed corporate developments, including Standard Chartered’s large-scale restructuring plans tied to artificial intelligence adoption.The pan-European STOXX 600 index rose 0.2% to 611.22 points as of…
Lloyds Bank share price rose for two consecutive days, beating some of its top rivals like NatWest and Barclays. It rose modestly as the company mapped plans to expand in the United States, as it targets the fast-growing data center business. It was trading at 96.40p, up from this month’s…