A.I. Is Driving a Stock Market Rally in China, Too
Surging interest in artificial intelligence is generating huge gains for Chinese tech stocks like Alibaba, which has more than doubled this year. Source link
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Gold price prediction: What’s the outlook for October 3, 2025? Gold trend bullish, but a ‘sell on rise’ strategy makes sense
The gold market is currently in a state of high volatility, with strong underlying bullish momentum offset by a potential for short-term correction. (AI image) Gold price prediction today: Gold prices are likely to maintain a bullish momentum in the coming days. However, today’s technical set-up signals a sell on rise strategy, says Jateen Trivedi,…
Apple Takes Down ICE Tracking Apps Amid Trump Pressure Campaign
Trump administration officials have issued several legal threats over ICEBlock, a popular app that allows users to alert others to the presence of nearby immigration agents. Source link
TCS hiring, cybersecurity moves under US, UK lens
BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…
$55 Billion Deal for Electronic Arts Is Biggest Buyout Ever
Jared Kushner’s private equity firm and Saudi Arabia’s sovereign wealth fund are some of the investors teaming up to take the video game giant private. Source link
10% households invest in markets: Survey
MUMBAI: Less than one out of 10 households in India (9.5%) invest in securities market-related financial products like stocks and mutual funds, a Sebi survey showed. This is despite 63% of the country’s total 33.7 crore households knowing about at least one of these products.Among states, nearly 21% of households in Delhi invest in securities…
Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets. Source link
US firm sues Hexaware for patent breach, seeks $500 million
BENGALURU: American tech firm Natsoft and its subsidiary Updraft have sued Mumbai-based Hexaware Technologies in the US for $500 million for patent infringement.The plaintiffs allege that Hexaware’s flagship modernization platforms — RapidX, Amaze, and Tensai/ATOP — illegally incorporate Natsoft’s patented technologies covering automated code testing, business-rule extraction, code generation, and legacy modernisation.Plaintiffs alleged that Hexaware…
Paramount Nears a Deal to Buy Bari Weiss’s Free Press
Ms. Weiss, a co-founder of the site, would become editor in chief of CBS News, people briefed on the talks said. Source link
Abu Dhabi fund to buy 41% in NBFC Sammaan for $1 billion
MUMBAI: Abu Dhabi’s ruling family-owned International Holding Company (IHC) will acquire a 41.2% stake in Sammaan Capital (formerly Indiabulls Housing) for Rs 8,850 crore. At about $1 billion, this is the largest foreign investment in India’s NBFC space.The investment will be made through preferential allotment of equity and warrants at Rs 139 per share, below…