Racing Financial News

MUMBAI : From the breath-taking plunge of 4 June, all it took for the stock markets to bounce back and scale fresh highs was three days. Benchmarks and broader market indices on Friday largely recouped their losses from earlier this week, when the markets saw their steepest crash in four years spooked by a narrower mandate for the Bharatiya Janata Party and the National Democratic Alliance in the Lok Sabha election.

Artificial intelligence systems like ChatGPT could soon run out of what keeps making them smarter — the tens of trillions of words that people have written and shared online

Namibia Innings Highlights : Namibia vs Scotland Live Score: Scotland Richie Berrington 3 (7) Matthew Cross 1 (1) Namibia Merwe Erasmus 2/14 (2) Namibia vs Scotland Live Score: OUT! st Zane Green b Merwe Erasmus. Namibia vs Scotland Live Score: OUT! st Zane Green b Merwe Erasmus. Namibia vs Scotland Live Score: Scotland Richie Berrington 3 (4) Brandon McMullen 18 (15) Namibia Bernand Scholtz 0/11 (2) Namibia vs Scotland Live Score: FOUR MORE! Short and on middle.

In the race to gain assets and market share in the wealth space, one thing’s for sure: you can’t win without advisors. That means RIAs, broker dealers, and hybrids know as well as anyone that the ability to attract high-quality advisors is non-negotiable.

Bloomberg.ALSO READ: After $2 trillion gain, Nvidia is still irresistible to many“With a total market capitalisation of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges excluding Hong Kong," said Bloomberg, citing data.Investors are bullish on Microsoft, Apple and Nvidia due to their powerful competitive positions, fat profit margins and strong balance sheets.Chipmaker Nvidia, the world’s second most valued company, saw its market capitalisation touching $3 trillion this week.Nvidia stock rose 5.2 per cent to end at $1,224.40 on Wednesday, valuing the company at $3.012 trillion.It advanced almost 2 per cent in New York premarket trading on Thursday after it became the first computer chip company to surpass $3 trillion in value.ALSO READ: Federal regulators grant antitrust probe into Microsoft, OpenAI and NvidiaThe chipmaker is preparing to split its stock 10-for-one, from June 7, a move that could increase its appeal to individual investors.So far in 2024, Nvidia’s stock has surged 147 per cent.In a race to dominate the AI market, Microsoft recently said that it is infusing AI features into its products and services.Earlier this week, Microsoft-backed OpenAI had said it would release a new AI model called GPT-4o which will be capable of realistic voice conversation and able to interact across text and image.The Redmond-based IT major is the world's most valuable company, ahead of Nvidia and Apple, with $3.15 trillion in market capitalisation.

Also Read: Poll Position: Has the story unraveled for ‘narrative stocks’?Meanwhile, automobile sales volume in May demonstrated robust performance in the SUV segment and showed some positive trends in the Commercial Vehicles (CVs) sector. Year-to-date (YTD) growth for two-wheelers and SUVs was strong, driven by improved consumer sentiment, successful absorption of price hikes, new model launches, and a gradual revival of rural markets, according to analysts.Two-wheeler exports experienced notable year-over-year (YoY) growth despite challenges posed by the Red Sea crisis.

Apple is expected to make the case next week that it is not being left behind as tech world rivals blaze ahead with artificial intelligence.

Papua New Guinea Innings Highlights : Papua New Guinea vs Uganda Live Score: Papua New Guinea Hiri Hiri 5 (6) Lega Siaka 10 (14) Uganda Alpesh Ramjani 1/5 (2) Papua New Guinea vs Uganda Live Score: FOUR! A welcome boundary for PNG! Papua New Guinea vs Uganda Live Score: Papua New Guinea Lega Siaka 5 (12) Hiri Hiri 5 (2) Uganda Juma Miyagi 1/5 (2) Papua New Guinea vs Uganda Live Score: Papua New Guinea Hiri Hiri 5 (2) Lega Siaka 2 (6) Uganda Cosmas Kyewuta 1/12 (2) Papua New Guinea vs Uganda Live Score: FOUR! HIT HARD! Cosmas Kyewuta gives width, this is well outside off. Hiri Hiri hammers it through cover-point and it races away to the fence. Papua New Guinea vs Uganda Live Score: OUT! TAKEN! So, a couple of batter goes by swinging wildly.

ALSO READ: AI Tracker: Intel, AMD try to catch Nvidia in AI chip race“It’s like trying to catch a marathon runner that’s running at full speed," said Adam Gold, founder and chief investment officer at Katam Hill LLC. “They’ve been in the race for a long time.

The AI-powered sustainable transport solution eTukTuk ($TUK) is fast approaching the $3.5 million mark as it garners significant investor attention in its presale.

An incumbent district attorney pursuing an involuntary manslaughter charge against Alec Baldwin has fended off a Democratic challenger in New Mexico’s primary election to ensure her reelection

A group of OpenAI’s current and former workers are calling on the ChatGPT-maker and other artificial intelligence companies to protect whistleblowing employees who flag safety risks about AI technology

A U.S. federal court of appeals panel suspended a venture capital firm’s grant program for Black women business owners on Monday, ruling that a conservative group is likely to prevail in its lawsuit claiming that the program is discriminatory

political leader with grassroots connect, Rajnath Singh is credited with expanding the BJP's organisational network in the Hindi heartland of Uttar Pradesh in the 1990s and the subsequent decades. The man from Chandauli district of the politically-crucial state is known as a moderate face and is widely respected by leaders cutting across party lines.

SJVN expects its under-construction 900 MW Arun-3 hydro-electric project in Nepal to start power generation from next year as nearly three-fourths of work has been completed, its chairman and managing director Sushil Sharma said on Tuesday. Nepal Prime Minister Pushpa Kamal Dahal triggered the last blast to mark the completion of heading excavation 11.8 km long head race tunnel of 900 MW Arun- 3 Hydro Electric Project in Sankhuwasabha district of Nepal, SJVN said in a statement. SJVN is constructing the multi-crore Arun 3 Hydro Electric Project in Nepal. More than 74 per cent of the project works have already been completed and the remaining works are going on in full swing. The project will start generation by next year and has the potential to generate 3924 million units of electricity every year, Sharma said in the statement.

political leaders, including four from the BJP, crushed the previous record of the highest victory margin in the Lok Sabha polls, with Indore's incumbent MP Shankar Lalwani topping the chart with a winning margin of more than 11.72 lakh votes. Home Minister Amit Shah, former Madhya Pradesh chief minister Shivraj Singh Chouhan and BJP's Gujarat leader C R Patil were also leading with more than seven lakh votes each from their respective constituencies at the last count. Congress's Rakibul Hussain is also leading from Dhubri in Assam by a margin of more than 7.36 lakh votes.

income tax return is quite simple, to say the least. You only need to file your return via form 1 i.e., ITR-1.

Charanjit Singh Channi, the former Chief Minister of Punjab, has secured a decisive victory in the Jalandhar Lok Sabha constituency. Channi, representing the Indian National Congress (INC), defeated his main opponent, Sushil Kumar Rinku from the Bharatiya Janata Party (BJP), by a substantial margin of 1,75,993 votes.

TMC on Tuesday hailed the trends that reflected that the party was racing ahead of its rivals in 30 of the 42 Lok Sabha seats. The TMC said the results are a reflection of people's faith in the «pro-people policies» of the Mamata Banerjee government and a decisive mandate against the BJP in the state.

₹40 lakh crore. All the sectoral indices were trading with substantial losses, particularly public sector unit (PSU) stocks.This market reaction starkly contrasts with the optimistic projections made by Prime Minister Narendra Modi and Union Home Minister Amit Shah last month.

Zomato shares cracked 16%, Honasa Consumer shares tanked 17%, while Delhivery and Nykaa stock price plummeted over 8% each and PB Fintech shares dropped over 6%.The fall in new-age tech stocks was in-line with the broader market selloff. The overall market capitalisation (mcap) of BSE-listed companies plummeted by nearly ₹40 lakh crore to ₹388 lakh crore.Read here: Stock market today: Investors lose ₹38 lakh crore as election race gets tighter than what exit polls predictedIndian markets witnessed a sharp selloff on Tuesday, June 4, erasing all of Monday's gains as early trends indicated that the Lok Sabha election results could be tighter than exit polls had predicted.These unexpected trends in election results 2024 caused panic among investors, with both the frontline indices, Sensex and Nifty 50, witnessing their biggest single-day fall in more than two years.