Elon Musk's xAI secured $10B in debt & equity to expand AI infrastructure amid fierce competition. Major players like Google & Microsoft also advancing AI capabilities.
The BESCOM has cut off the electricity supply to the M Chinnaswamy Stadium. The move follows a directive from the Director General of the Department of Fire and Emergency Services, who instructed the BESCOM Managing Director to disconnect the stadium’s power for failing to implement suggested fire safety measures.
Lattice Semiconductor’s first quarter results were met with negative market reaction as the company’s revenue and non-GAAP profit both came in line with Wall Street expectations but reflected a double-digit year-over-year decline. Management attributed the weaker sales environment to ongoing inventory digestion and macroeconomic uncertainty, particularly in the industrial and communications end markets. CEO Ford Tamer highlighted that while the company shipped below estimated true demand to help align with customer inventory levels, improvements were seen in bookings and certain segments such as communications, computing, and industrial, which returned to sequential growth after several quarters of stagnation.
Analog Devices' first quarter performance was marked by strong year-over-year revenue growth, with management attributing gains to broad-based demand across all end markets. CEO Vincent Roche emphasized that “revenue growth was broad-based with double-digit year-over-year growth across all end markets,” and highlighted particular strength in the automotive and industrial segments. However, management also noted that buying patterns were influenced by recent tariff announcements, leading to some order volatility and temporary pull-forward of demand, especially in the automotive sector. This dynamic contributed to a market reaction that was more cautious despite the company’s top- and bottom-line outperformance versus Wall Street expectations.
TopBuild’s first quarter saw sales decline as new residential construction remained soft, reflecting a challenging demand environment and continued caution among homebuyers. Management cited a slower-than-expected spring selling season, elevated interest rates, and economic uncertainty as key factors weighing on housing demand. CEO Robert Buck explained, “New residential construction demand remains soft with choppiness continuing across various geographies.” On the other hand, commercial and industrial activity provided a partial offset, particularly with momentum in data center construction and certain manufacturing subsectors. The market responded negatively to the results, given the persistent headwinds in the core residential segment and margin pressures compared to last year.
Shivakumar's supporters claim that when the Congress government was formed in 2023, an internal agreement on power-sharing was made. Siddaramaiah would be CM for 2.5 years, followed by Shivakumar. If the timeline is followed, Shivakumar is expected to take over in October 2025.
Authorities did not yet know why so many bodies had been stored at the crematorium, which worked with six funeral homes in the city. The bodies were discovered last Thursday.
The Nasdaq has surged to a new all-time high, reaffirming the strength of its ongoing bullish trend. The index established a significant low on April 7, 2025, at 16,460, following a sell-off triggered by tariff war concerns.
A New York judge ruled that Meta and ByteDance can be held liable in a wrongful death lawsuit filed by the mother of a 15-year-old who died while subway surfing, alleging that social media platforms fueled his addiction to dangerous viral challenges.
All 337 tons of toxic waste from the 1984 Bhopal gas tragedy have been incinerated at a Pithampur plant in Madhya Pradesh under court monitoring, marking a key step in long-delayed cleanup.
An expert committee led by Dr CN Ravindra of Jayadeva Institute has been constituted to look into the reasons behind such multiple cases of heart attacks. Read on:
Donald Trump will host Israeli PM Benjamin Netanyahu at the White House next Monday to discuss a Gaza ceasefire, hostage deal, and fallout from U.S.-Israel strikes on Iranian nuclear sites.
Starting July 1, Apple Music will also begin revealing its top 500 most-streamed songs of the past decade—100 tracks per day—culminating in the top 100 on July 5. On the same day, subscribers can access the complete “10 Years of Apple Music: Top Songs” playlist.
The HSBC India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, climbed to 58.4 in June from May’s 57.6 and in line with a preliminary estimate released last week.
Nikhil Dhingra, CEO of ACME Solar, stated that the company has a total net debt of ₹7,500 crore, all of which is tied to individual projects, with no debt at the holding company level. The debt is split between operational and under-construction assets.
Jupiter Life Line Hospitals currently operates three hospitals with around 1,200 beds and plans to double that to 2,500 beds over the next three to four years.
The stock continues to hold firmly above its 14-day and 55-day EMAs despite recent selling pressures. The analyst sees this as a sign of resilience and potential uptick.
There are several elephants in the room. Expanding the GST base to include petroleum products, electricity, real estate are all critical areas, notes Najib Shah, former chairman, Central Board of Indirect Taxes & Customs.
Tesla is leaning on overseas upgrades as domestic headwinds mount, including a sharp stock decline, potential loss of EV tax credits, and bearish delivery forecasts from top brokerages.
Both stocks show breakout patterns on the charts and improving fundamentals, including rising institutional interest. The analyst expects continued upside if key resistance levels are breached.
According to Nuvama's market analysis, Reliance Industries has begun external sales of solar modules, which it forecasts could add 6% to profit and unlock a huge valuation upside, comparable to peers such as Waaree Energies and Premier Energies.
Stocks making new highs tend to make even higher highs, particularly when positive earnings estimate revisions hit the tape. That’s precisely these both stocks have enjoyed.
The US dollar index fell sharply to a multi-month low of 96.61. Concerns grew over the Federal Reserve’s independence amid reports that President Donald Trump is considering replacing Fed Chair Jerome Powell.
The plot area is said to be 11.19 acres and is likely to benefit over 1,400 families by unlocking a saleable area of nearly 20.7 lakh square feet and a Gross Development Value of ₹4,521 crore.
The fund manager stated that the improvement in the supply-demand balance for U.S. debt will reduce interest rates, and as a consequence, the budgetary deficit, ultimately benefiting the markets and the economy.
Dabur has shown strong buying interest after reversing from ₹463 levels and is now sustaining above its 14-day EMA. The company is backed by strong fundamentals, with increasing market share across multiple FMCG categories.
Referring to the April 22 Pahalgam terror attack, Jaishankar said five weeks ago, the United Nations Security Council issued a “strong condemnation” of a “particularly horrific act of terrorism” in Pahalgam and demanded that its perpetrators be held accountable and brought to justice.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Rock-bottom prices don't always mean rock-bottom businesses.
The stocks we're examining today have all touched their 52-week lows, creating a classic investor's dilemma: bargain opportunity or value trap?
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry has tumbled by 1.1%. This drawdown was disheartening since the S&P 500 gained 5.7%.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns,
and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
