U.S. stocks slid on Wednesday following the release of the latest inflation data, which indicated a slight drop in consumer prices for August. Investors also closely analyzed the first presidential debate between Donald Trump and Kamala Harris, which left key economic questions unanswered. The S&P 500 (^GSPC) dropped by 1.2%, while the Nasdaq Composite (^IXIC)…
Stellantis, the global automaker behind brands like Jeep and Ram, is making significant strides in the electric vehicle (EV) market with a new investment of $406 million aimed at upgrading three Michigan plants. The investment marks a pivotal move as Stellantis seeks to ramp up its EV production capabilities and fulfill commitments outlined in a…
As global banking giants continue to explore new growth opportunities, JPMorgan Chase has set its sights on expanding its corporate banking business in Switzerland, leveraging the power of blockchain technology to secure new clients. With the collapse of Credit Suisse creating an opening in the Swiss financial landscape, JPMorgan is positioning itself to fill the…
In the ever-evolving world of space exploration, a new and exhilarating trend is capturing the imagination of the wealthy: spacewalking. What began as a dream of space tourism is now giving way to an even greater thrill—leaving the confines of a spacecraft and venturing into the vast expanse of space. The first private spacewalk is…
Adobe is gearing up to revolutionize the creative industry once again with the launch of its generative AI-powered video creation and editing tool later this year. The tool, named Adobe Firefly Video Model, is set to make its debut in beta mode and will add to Adobe’s robust suite of AI-driven tools. This latest innovation…
Oil India Ltd. witnessed a significant dip in its stock price today, dropping by 5% and trading at ₹581.2. This decline has raised concerns among investors and market analysts, as it impacts not only the company but also the broader BSE OIL & GAS index. Let’s dive into how this plunge is affecting the sector…
In a historic move, India UAE Nuclear Power Plant Collaboration has been signed, Know the full details in the article. The deal, which was formalized between the Nuclear Power Corporation of India Limited (NPCIL) and the Emirates Nuclear Energy Corporation (ENEC)-led Barakah Nuclear Power Plant Operations and Maintenance, marks the first time such an agreement…
As India prepares to host SEMICON India 2024, Micron CEO Sanjay Mehrotra praised Prime Minister Narendra Modi’s visionary approach toward developing a robust semiconductor industry in the country. After a meeting with PM Modi, Mehrotra expressed his excitement over India’s policies aimed at incentivizing semiconductor manufacturing, emphasizing that this is the ideal moment for the…
Tata Power Company Ltd has made a significant stride in India’s renewable energy landscape by commencing solar cell production at its 2GW facility in Tirunelveli, Tamil Nadu. With this development, Axis Capital has assigned an ‘Add’ rating to Tata Power’s stock and set a target price of Rs 500 apiece. This article delves into the…
Shares of Tata Motors Tumble Below ₹1000 In a dramatic turn of events, Tata Motors’ stock experienced a sharp decline of nearly 5.5% in early trading today, falling to ₹978.70 per share. This drop marks the ninth consecutive day of losses for the automotive giant, pushing its stock below the ₹1000 threshold for the first…