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Shares of India’s state-run Oil and Natural Gas Corporation (ONGC) surged by as much as 6% to hit an intraday high of INR 298 on the Bombay Stock Exchange (BSE) Tuesday. The surge comes following a significant endorsement from Hong Kong-based brokerage CLSA, which called the government’s recent cut to upstream royalty rates a “big… Continue reading ONGC and Oil India shares soar after surprise royalty cut by government

Vanguard plans to roughly double its European assets to $1 trillion within five years and become Britain’s biggest retail investment platform, the firm’s head of Europe told Reuters. The Pennsylvania-based asset manager, which oversees $12 trillion globally, has helped transform the investment industry alongside US rival BlackRock by popularising low-cost index funds for retail investors,… Continue reading Vanguard targets doubling European assets to $1 trillion by 2030

The World Health Organization’s recent report of a Hantavirus cluster aboard a cruise ship departing Argentina has refocused global market attention on zoonotic respiratory pathogens. Three confirmed fatalities and a widening caseload linked to the South Atlantic itinerary have forced an urgent global response to intercept a pathogen characterized by high lethality and rapid pulmonary… Continue reading Hantavirus outbreak: these 3 stocks are poised to rip higher

Nvidia CEO Jensen Huang was not included in President Donald Trump’s delegation to China this week, even as several prominent US business leaders joined the trip to meet Chinese President Xi Jinping. Huang was left off the delegation list, while executives from companies including Apple, Tesla, BlackRock and Boeing joined the visit to Beijing. The… Continue reading Nvidia stock: should investors worry over Jensen Huang’s China snub?

Wall Street ended slightly higher on Monday as investors continued to pour into artificial intelligence-linked technology stocks, helping major indexes overcome rising oil prices and renewed geopolitical tensions following the latest developments in the US-Iran conflict. The S&P 500 rose 0.19% to close at 7,412.84, while the Nasdaq Composite gained 0.1% to finish at 26,274.13.… Continue reading Dow climbs 95 points as AI-fueled tech rally offsets oil surge, Iran fears

Advanced Micro Devices shares continued climbing on Monday, reaching a new 52-week high as investors increasingly bet that the next phase of the artificial intelligence infrastructure boom will extend well beyond graphics processing units into server CPUs and broader data center hardware. AMD shares closed up 0.79% at $458.79 on Monday as Wall Street analysts… Continue reading AMD stock hits new high as Wall Street bets on AI CPU supercycle

Shares of Intel (INTC) rose on Monday amid growing optimism that the chipmaker could secure a significant new customer for its semiconductor packaging technology, strengthening investor confidence in the company’s foundry ambitions. Intel stock climbed 3% to $128.76 in afternoon trading, extending a remarkable rally that has seen the shares surge more than 225% this… Continue reading Intel gains on reports SK Hynix partnership could boost chip-packaging business

Target (TGT) shares fell more than 5% on Monday, marking the retailer’s sharpest one-day percentage decline since August, as investors reassessed the company’s turnaround prospects ahead of its upcoming earnings report. The stock’s decline extended a three-day losing streak during which shares have dropped nearly 9%, representing the company’s worst three-day stretch in more than… Continue reading Target stock tumbles 5% as Wall Street questions turnaround rally