Traders work on the floor of the New York Stock Exchange (NYSE) on March 07, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images U.S. stock futures were flat Friday after the S&P 500 notched its highest close for 2023, as investors looked ahead to new inflation data set for
Michael Goldstein says A.I. valuations are nowhere nears levels seen during past innovation cycles The mountain-high valuations seen in the technology sector during this new artificial intelligence wave, don’t look so “extreme” when looking at previous innovation waves. “The relative forward-P/Es of today’s AI leadership are still a far cry from what was seen at
Traders on the floor of the NYSE Source: NYSE Stocks fell Wednesday as investors kept an eye on the federal debt ceiling debate in Washington in the final trading day of May. The Dow Jones Industrial Average traded 67npoints lower, or 0.2%. The S&P 500 dipped 0.3%, with the selloff at one point pulling the
At the NSE, it advanced 2.80 per cent to end at Rs 2,508.80. New Delhi: Shares of Reliance Industries jumped nearly 3 per cent on Friday, adding Rs 45,887.8 crore to its market valuation and helping equity benchmark indices end the day with sharp gains. The stock of the country’s most valued firm by market
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or worse, artificial intelligence is the future. Whether
Adani Group’s flagship Adani Enterprises led the rally with an 18 per cent surge in Monday’s trade. New Delhi: Adani Group stocks surged on Monday, on the first day of trading after a Supreme Court-appointed panel’s clean chit to the conglomerate in an investigation linked to US short-seller Hindenburg’s allegations. The Adani Group stocks jumped
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City. Michael M. Santiago | Getty Images U.S. stock futures fell slightly on Sunday night following back-to-back weekly losses for the Dow Jones Industrial Average and S&P 500. Dow futures fell by 70
Stock futures fell after the Federal Reserve hiked rates by another 25 basis points and investors’ fears of contagion in the regional bank space returned. S&P 500 futures shed 0.51%. Nasdaq 100 futures declined 0.2%, and futures linked to the Dow Jones Industrial Average dropped 168 points, or 0.5%. Shares of PacWest tanked by more
Axis Bank reported a Rs 5,361 crore loss on a consolidated basis for the January-March period. New Delhi: Shares of Axis Bank declined over 2 per cent on Friday after the company reported a Rs 5,361 crore loss on a consolidated basis for the January-March period. The stock fell by 2.39 per cent to settle