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Apple iPhone 16
Updated : Jan 31, 2025

Apple forecasts stronger growth amid AI push, shares rise post-earnings call

Tech giant signals iPhone sales rebound as AI features expand, despite ongoing challenges in China.

​​​​​​​The UAE’s combined exchanges—Abu Dhabi and Dubai—are now worth more than markets like Milan and Madrid
Updated : Nov 17, 2024

How one Abu Dhabi royal helped UAE reel in a $1 trillion market milestone

This $1 trillion achievement has been a key goal for Abu Dhabi’s ruling family, eager to establish the UAE as a global financial hub.

Donald Trump, who has positioned himself as pro-cryptocurrency, lifted bitcoin to a record high.
Updated : Nov 06, 2024

Trump Media, Tesla Inc shares zoom up to 30% as former US President wins second term

Tesla Share Price: Trump Media spiked 30 per cent after the 78-year-old was elected US president for the second time. Trump owns around 57 per cent of Trump Media, which trades under the ticker DJT.

Emcure Pharma develops, manufactures, and globally markets a wide range of pharmaceutical products across several major therapeutic areas.
Updated : Jul 10, 2024

Emcure Pharma IPO shares to make stock market debut today; strong listing gains likely

Shares of Emcure Pharma were commanding a grey market premium of Rs 390-400 on the last day of the bidding for the issue, before the allotment was announced.

Its investors include endowments, foundations, family offices, bank wealth platforms and sovereign wealth funds. 
Updated : Jun 24, 2024

Bobby Jain’s multi-strategy hedge fund raises $5.3 billion in biggest such fundraising since 2018 

Bobby Jain is Chief Executive Officer and Chief Investment Officer of Jain Global, a multistrategy investment firm founded in 2024.  Jain Global will start trading July 1, according to reports.

Earlier this year, Bloomberg Index Services Ltd said it will also add India's Fully Accessible Route, or FAR bonds in its EM local currency index from January 2025.
Updated : May 10, 2024

JPMorgan says India index inclusion on track, most clients ready: Report

Indian sovereign bonds have seen about $8 billion of inflows into the Fully Accessible Route securities since the JPMorgan announcement, though there were some outflows in April amid a global debt selloff

Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Updated : May 01, 2024

Wall Street stocks fall as markets weigh strong wage data, Fed meeting

Most Magnificent Seven stocks finished lower, including Tesla, opens new tab, Alphabet, opens new tab, Nvidia, opens new tab, Microsoft, opens new tab, and Amazon, opens new tab.

Alphabet, Microsoft's hefty AI bet paying off
Updated : Apr 27, 2024

Alphabet, Microsoft lead technology stocks surge with AI-driven earnings

The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta's tepid forecast.

Intel CEO Pat Gelsinger
Updated : Apr 26, 2024

Intel's Q2 revenue and profit forecast falls short of expectations, shares plummet

The surge in demand for advanced artificial intelligence server chips has notably impacted Intel's central processing units (CPUs), long regarded as the cornerstone of data centre operations.

Google
Updated : Apr 26, 2024

Google parent company Alphabet delights investors with first-ever dividend and $70 billion stock buyback

The dividend, set at 20 cents per share, comes on the heels of similar moves by other tech giants.

Shares of Austin-based Tesla surged 12% on Wednesday and another 5% on Thursday after Musk vowed to offer less-expensive vehicles as soon as this year
Updated : Apr 26, 2024

Elon Musk is once again richer than Mark Zuckerberg thanks to an $18 billion Meta hit

Shares of Menlo Park, California-based Meta dropped the most since October 2022 on Thursday after the company increased spending estimates for the year and projected second-quarter sales that were below Wall Street’s expectations.

The theft, Jane Street said, became apparent when its profit from the strategy plunged more than 50% almost immediately after the traders left
Updated : Apr 21, 2024

A Wall Street giant is taking rival to court for stealing trading secrets involving India

The secret trading strategy in question reportedly involved options trading in India. Jane Street said the traders Douglas Schadewald and Daniel Spottiswood were “intimately” involved in developing the strategy before resigning to join Millennium.

Sheikh Tahnoon bin Zayed Al Nahyan
Updated : Apr 07, 2024

The dirham stops with Tahnoon: Meet the man who runs one of world's hottest stock markets

One of Abu Dhabi's two deputy rulers, national security adviser of the UAE and brother to its president, Tahnoon has his fingers in almost every pie of its business.

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