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NVIDIA's second-quarter (Q2) results exceeded expectations, and its revenue guidance for the next financial year beat estimates. However, none of this moved the market. The stock declined 1.59% to end at $209.66 on Nasdaq on 26 August. The chipmaker's revenue for the July quarter
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The IPO will comprise an offer for sale (OFS) of up to 74,45,000 equity shares, with existing shareholders including promoters Surendra Kumar Surana and Mahendra Kumar Surana, along with investor shareholders A91 Emerging Fund I LLP and Sixth Sense India Opportunities III, offeri
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The brokerage has valued Timex Group India at 45 times its September 2028 estimated earnings per share. The target represents an upside of around 30% from the report’s reference price of Rs 629. Revenue grew at a CAGR of 32% between FY22 and FY26 to nearly Rs 8 billion. During th
According to Reuters, Warsh has favoured reducing some of the Federal Reserve’s longstanding communication practices and allowing financial markets to play a greater role in determining interest rates. Bessent, meanwhile, has increasingly used Treasury tools aimed at improving ma
The gathering, hosted by the Federal Reserve Bank of Kansas City, has traditionally been an important venue for Fed officials to signal their outlook for interest rates. However, investors expect a departure from that approach this year as Fed Chair Kevin Warsh prepares to delive
Mahle has held early discussions with potential advisers about a share sale in Mumbai, the people said, asking not to be identified because the information is private. The company is likely to appoint banks and begin preparations for the IPO soon, they said. The offering could ra
Shein is expected to price the offering at HK$48.56 a share, close to the midpoint of its HK$47.60 to HK$49.50 range. The deal would raise approximately HK$13.6 billion ($1.73 billion), the sources told Reuters on condition of anonymity because the information has not been public
In a long blog post, the philanthropist explained that the challenge is monumental, and the world is not prepared for it. He believes this is partly because people underestimate the extent of AI's impact, using current AI models and past innovations as examples. “We need time to
Hindustan Zinc’s stock jumped almost 6% on Wednesday, taking its 2026 return into positive territory at almost 3%. The rally came on two triggers. First, Jefferies India raised its target price to ₹750 from ₹660, citing a better outlook for zinc and silver. Second, reports cited
Germany's 10-year bond yield, the benchmark for the bloc, rose just under 1 basis point (bp) to 3.234%. The 2- and 30-year yields rose a similar amount to 2.829% and 3.741% respectively. Qatar's prime minister will visit Tehran on Thursday in an effort to relaunch diplomacy betwe
Off to Reading or Leeds? Here's your guide to festival make-up (without the toxins) - Published Festival season is here - with Reading and Leeds taking place this weekend. So now's the time to perfect neon make-up. Bright graphic eyeliner, vampy lips and holographic highlighter a
'The flood took everything': Nepal survivors describe horror of loved ones being swept away - Published Survivors of massive flash floods in Nepal have recounted how they saw their loved ones disappear into torrents of mud. More than 175 people have died and 800 others are missin
Penny stock under 10 Rupees: Globe Enterprises share price showed resilience in Thursday's trading session amid sell-off in the Indian stock market. The penny stock opened in the red but soon recovered, turning positive and gaining over 1.47%. However, the momentum was short-live
The IPO is an Offer for Sale of up to 74.45 lakh equity shares by existing shareholders. The company, which filed preliminary IPO papers in June, obtained 'final observation' from the regulator on August 27, the update showed. The receipt of Sebi observation is a key step in the
State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) is reportedly piloting an ecommerce model to deliver groceries, FMCG products, household essentials, and consumer durables alongside LPG cylinders. The company is running pilots in Maharashtra and Uttar Prade
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The Kwick Forensic Solutions initial public offering (IPO) began on Thursday, 27 August, and will end on Monday, 31 August. The Kwick Forensic Solutions IPO price band is set at ₹85-90 per equity share, with a face value of ₹10 per share. The Kwick Forensic Solutions IPO lot size
Listen to this article in summarized format Both the BSE and NSE will operate as usual, with trading, clearing and settlement activities continuing normally. No settlement holiday has been announced for the day. India's largest commodity exchange, the Multi-Commodity Exchange of
AI - personal tech HP has a solution to expensive AI tokens: Buy a more expensive PCRising cloud AI costs are pushing workloads onto pricier PCs – which just happen to be better for PC maker's margins -
Packaged spices maker Pushp Brand (India) has received approval from the Securities and Exchange Board of India (SEBI) to launch its proposed initial public offering (IPO). According to the DRHP, the IPO will comprise an offer for sale (OFS) of up to 74.45 lakh equity shares by e
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Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported Wednesday night, citing a source familiar with the matter. Business Insider, which first reported over the weekend that Hugging Face was fielding takeover interest, reported Wednesday night that the
BlackRock, Goldman Sachs Asset Management and Eastspring Investments were among the global investors participating in the transaction, according to sources familiar with the matter. Domestic demand came from ICICI Prudential Mutual Fund, Nippon India Mutual Fund, Kotak Mutual Fun
The/Nudge Foundation’s impact investment platform TILT has launched a ₹250 Cr (about $26 Mn) venture fund to back early-stage startups building solutions for India’s “Next Billion”. Cofounded by Atul Satija and Richa Singh, TILT builds on the work of The/Nudge Foundation, a nonpr
Ford Motor Company has announced that it will be adopting Apple's MapKit for Automotive software development kit (SDK) for its own universal EV platform, and feed Apple Maps data to its Latitude AI team, which is working on its next-gen BlueCruise advanced driver assistance syste
Watson to face fellow Briton Dart for US Open spot - Published Heather Watson and Harriet Dart will go head-to-head for a place in the US Open main draw as six British players made it through to the third and final qualifying round in New York. Watson kept alive her hopes of a fi
Retail investors deterred by weak liquidity, unpredictable prices and a lack of clear incentives may not flock to the new market closing auction session (CAS) anytime soon, stock brokers said, despite the market regulator's efforts to bring more of them into the new framework. Br
The yield on the benchmark 6.94% 2036 bond was at 6.8619% as of 10:30 a.m. IST after closing at 6.8488% on Tuesday. Indian fixed income markets were shut on Wednesday. New Delhi is set to raise 340 billion rupees ($3.56 billion) through sale of the benchmark paper on Friday, whic
Stock market news: The domestic benchmark indices remained largely negative on Thursday, 27 August, underperforming broader Asian markets. Gains from softer crude oil prices were offset by weakness in heavyweight HDFC Bank following a US class-action lawsuit against the lender. T
Abercrombie & Fitch shares surged about 36% on August 26 after the retailer reported strong second-quarter results and raised its full-year guidance. The sharp rally pushed investors to reassess the company's growth outlook. (Sources: TradingView,The Motley Fool) Abercrombie repo
Following the coverage initiation, Adani Enterprises shares traded over 1% higher. The stock rose Rs 33, or 1.06%, to Rs 3,145 on the NSE at 11:09 am, compared with the previous close of Rs 3,112. It opened at Rs 3,125 and touched an intraday high of Rs 3,159. “The Adani Group’s
Annu Projects IPO Day 3 LIVE: Bidding for the initial public offering (IPO) of Annu Projects Ltd has opened on 25 August 2026. The public issue will remain open for bidding until 28 August 2026. The company has declared the Annu Projects IPO price band at ₹94 to ₹99 per equity sh
Moon set to turn red as rare partial lunar eclipse graces UK skies on Friday - Published Skywatchers across the UK could get to see a stunning partial lunar eclipse in the early hours of Friday, but cloud may spoil the spectacle for some. The Sun, Earth and Moon will line up in t
People pulled from mud in Nepal after deadly flash floods Video from northern Nepal shows people being rescued from mud after deadly flash floods swept through the Nepal-Tibet border leaving more than 160 people dead and hundreds missing. The Nepalese army and armed police forces