Wall Street continues to determine more records and excitement about the artificial intelligence industry remains paramount. The S&P 500 climbed by 0.4% to set up a record -high after mixed trade on Monday. The industrial average of Dow Jones fell 63 points, or 0.1%, while the Nasdaq composite rose by 0.7% to its own record. […]
Mumbai: rising gold prices have not deterred the central banks to buy the precious metal while resuming shopping in August, thereby maintaining the recent trend of diversification of the foreign regaves outside the American debts. Worldwide central banks added a net 15 tons of gold reserves in August, compiled by the World Gold Council using […]
LG Electronics India has collected RS 3,475 Crore from Anker investors prior to his IPO, which will be opened on October 7. The company has assigned approximately 3.04 crore shares on RS 1,140 each. The issue is completely an OFS of 10.18 crore shares with a size of RS 11,607 Crore. Among the tent funds […]
Sebi chairman Tuhin Kanta Pandey said on Monday that retail investors should prevent speculative trade in derivatives, which underlines the risks of these products. “Sebi studies have consistently demonstrated that retail investors who act in derivatives ultimately have to do with losses, often because they do not fully understand the risk in these products,” said […]
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs and other entities have cumulatively acquired more than 7.31 CRORE shares, which represents an interest of 6 percent, in Aditya Birla Lifestyle brands of Flipkart Investments. Singapore headquarters Amansa Capital, Nippon India Mutual Fund (MF), Icici Prudential MF, UTI MF, Icici Prudential Life Insurance, Ghisallo […]
Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey issued a strict warning on Monday about the rising wave of financial scams aimed at retail investors. He pointed out that only a small part of the investors have a high or moderate knowledge of the securities market, making it much vulnerable to unscrupulous […]
The Indian market ended higher on Monday, driven by banking and financial heavyweights after lenders had posted a strong quarterly loan growth, while the Sharing site won before the upcoming winning streases. The S&P BSE Sensex rose 582.95 points, or 0.72%, to end at 81,790.12, while the NSE Nifty 50 Advanced 183.40 points, or 0.74%, […]
More than 1 LAKH illegal content was removed from social media platforms in the last 18 months, Sebi chairman Tuhin Kanta Pandey said on Monday emphasize the need to save gullible investors from fraudsters. Pandey said that Sebi had escalated the issue of illegal content with platforms such as Google and Meta. During an investor […]
Shares of Advanced Micro Devices (AMD) rose 38% to reach a highlight of $ 226.70 at NASDAQ after the company had announced the last AI infrastructure of Poweratter in several generations of AMD Instinct GPUs over a 6 gigawatt agreement with OpenAI to Powerat. The first 1 gigawatt implementation of AMD Instinct MI450 GPUs starts […]
The Benchmark S&P 500 and the Tech-War Nasdaq stepped up on Monday and built on last week’s win, because AMD’s Chip-Supply deal with OpenAI with the size of the investor enthusiasm around AI and offset worried about the federal government’s shutdown. The stock rally has existed despite cautious predictions and warnings about increased ratings, especially […]