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GameStop and AMC continued their slide for a second straight session on Thursday, as the euphoria over the return of "Roaring Kitty", who was the central figure in 2021 meme stock rally, fizzles out. Shares of the struggling videogame retailer GameStop fell 12% to $34 after jumping as much as $64.83 this week, while fetching $1 billion in losses for short sellers, according to Ortex Technologies. Theater chain AMC shed 5.5% following an 88% gain since Friday's close.

Laurentian Bank of Canada is cutting more jobs in an overhaul of its strategy that includes exiting the equity research business.

India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype? Moreover, AI proficiency has emerged as a top priority in India Inc.'s hiring strategy, with 75% of employers emphasizing the importance of AI skills for new hires, surpassing the global average of 66%. Interestingly, there is a clear preference for AI skills over experience, with 80% of the leaders in India preferring less experienced candidates with AI skills over seasoned candidates lacking such skills, the study revealed.

ad-supported tier comes amid fierce competition in the streaming industry, with companies increasingly offering bundles to retain subscribers. Since its launch in November 2022, Netflix's ad-supported plan has garnered significant traction, with 40 percent of all sign-ups originating from these plans in eligible countries.

Efkon-Strabag, a provider of smart infrastructure solutions in India, has joined hands with leading institutions including IIT Bombay and IIT Mandi to advance transportation systems, landslide management, and drive innovation in India. Additionally, the company has collaborated with IIT Roorkee to launch a comprehensive road safety awareness programme tailored for children. Partnering with IIT Bombay, Efkon-Strabag aims to strengthen knowledge management, joint projects, and engagement activities. This partnership encompasses various dimensions: they partner in knowledge creation, technology development, and human resource enhancement to drive innovation in transportation systems, facilitating the exchange of ideas and skills. Together, they will undertake joint studies and research on Intelligent Transportation Systems (ITS), offering internship opportunities for students. They will also foster ecosystem development by providing access to technology courses, promoting collaboration between academia and industry, and contributing expertise to research consortia. Additionally, they will engage in research projects, skill-building programs, and workshops to foster creativity and innovation in the transportation sector, aiming to address industry challenges effectively.

Please see: Barc to help preserve onion stocks “Both these ministries will provide financial assistance to create the irradiation facilities and corresponding cold storage under the PPP mode so that private players can operate the same sustainably," he added. The units will be set up along with the state government as public-private partnerships. The move is expected to soothe the onion supply chain which sees losses of as much as ₹10,000 crore every rabi season, and aid the government's procurement plans.

offers a smart lock screen platform for Android-based smartphones. Tewari, who refers to the lock screens as "surfaces", is "aiming to build a 'surface economy' by promoting consumption of the internet in a very different way", which he describes as 'app-less' consumption".

The biopharmaceutical industry has been evolving rapidly. During the turbulent period spanning 2019 to 2021, amid the upheaval caused by the covid pandemic, it emerged as a focal point of global discourse. Biopharmaceuticals are drugs and therapies synthesized from living organisms, which includes vaccines, biologics, biosimilars and evolving therapies like cell and gene therapies.

J&J and AstraZeneca shots that were later pulled from the market, contain a component that can trigger blood clots in genetically susceptible individuals, scientists reported Wednesday in a letter to the New England Journal of Medicine. Researchers are now aiming to identify the specific component and attempt to remove it through genetic engineering, the report said.

Hindalco Industries , Vedanta , National Aluminium Co. Ltd (Nalco) share prices have risen 54-133% in last one year. While Hindalco Industries share price scaled 52-week highs on Thursday, Vedanta and National Aluminium Co.

Hindustan Aeronautics Ltd, which is primarily engaged in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, and their engines, is a key player in the Indian defence industry. HAL share price today opened upside at ₹4215 apiece on NSE and touched an intraday high of ₹4,269 per share during Thursday deals. While climbing to this intraday high, HAL shares also made a new lifetime high.

Summer—a time for relaxation, adventure, and a well-deserved break for young adults. While it's tempting to indulge in leisure activities, this season also presents a golden opportunity to kick-start your financial journey. 

Aveek Mitra, Aveksat Financial Advisory, says they have taken out some money and not invested fresh money and are nibbling into areas where they are investing at present based on the sectors that have gone down over the last two-three years. They have also built up most likely scenarios and most unlikely scenarios and based on that will see what best they can do with the cash after the 4th June result. A quick view on the construct of the market because the election is a very big event and if it does not pan out the way the market expects it to, then you will get even juicier bargains. But if it does, what happens then? How are you analysing the overall construct right now? Aveek Mitra: Last year, we generated excellent returns till March 2024. So, we are a bit cautious and we have not put in new money for the last one or two months except bits and pieces here and there and raised the cash a little bit. We are just waiting for that day to pass because that is an uncontrollable, unknowable event for an investor. So, it is like hedging a portfolio.

Warren Buffett's Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new investment. Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire's U.S.-listed holdings as of that date.

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an interest rate cut which could result in even stronger demand. Brent futures rose 42 cents, or 0.5%, to $83.17 a barrel, while U.S. West Texas Intermediate crude (WTI) gained 43 cents, or 0.6%, to $79.06 at 0032 GMT.

Sensex fell 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. Nifty 50 formed a small negative candle on the daily chart with a minor upper and lower shadow. Also Read: Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US inflation to weak dollar “Technically, this pattern signals choppy movement in the market at the hurdle.

Stock market today: The Indian stock market, despite strong global cues, snapped a three-day winning streak on Wednesday. The Nifty 50 index closed at the 22,200 mark, the BSE Sensex closed at the 72,987 mark, and the Bank Nifty index finished at 47,687. Cash market volumes on the NSE rose about 9 percent to Rs.1.01 lakh crore.

Buy or sell stocks: Despite strong global cues, the Indian stock market broke its three-day winning streak on Wednesday. The Nifty 50 index closed at the 22,200 mark, the BSE Sensex closed at the 72,987 mark, and the Bank Nifty index finished at 47,687. Cash market volumes on the NSE rose about 9 percent to Rs.1.01 lakh crore.

Back in 2019, blockchain analytics firm Elliptic published research with the MIT-IBM Watson AI Lab showing how a machine learning model could be trained to identify Bitcoin transactions made by illicit actors, such as ransomware groups or darknet marketplaces. Now the partners have put out new research applying new techniques to a much larger dataset, containing nearly 200 million transactions.

diet that will reduce the chances of developing heart disease, cancer and other cardiovascular diseases? Recent research which has analyzed diets over the past 20 years, has some interesting details, according to a report by CNN. These findings would boost nutritional strategies focusing on vegetarian, vegan and lacto-ovo vegetarian diet. These findings will also enable governments and other entities to fine tune their welfare programs.

GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply