Tata Investment Corporation Ltd’s shares rose 10.33 percent on Tuesday, reaching a high of Rs 6,343.80. Today’s massive jump in share price occurred when Tata Capital authorized a proposal to go public. The board of Tata Capital has approved the company’s plans to undertake an initial public offering (IPO). The non-banking financial corporation (NBFC) will…
Tempus AI, Inc., a technology company pioneering the use of AI to promote precision medicine and patient care, announced its financial results for the quarter and year ending December 31, 2024. Year-over-year sales growth increased to 35.8% in the fourth quarter of 2024. In the fourth quarter of 2024, gross profit growth surged to 49.7%,…
On Monday, Zoom Communications reported lower-than-expected revenue for the first quarter and the entire year as the firm navigates a landscape where employers rapidly abandon hybrid work patterns. At US$79.40, the company’s shares were down 2% during extended trading. Although Zoom’s user base and subscriptions proliferated during the pandemic-induced lockdowns, there are questions about whether…
Following hints that Apple would soon include Google’s Gemini AI into its Apple Intelligence capabilities, Alphabet shares increased by 2%. According to reports, this advancement might improve Siri’s functionality by sending queries to ChatGPT and providing more relevant answers. During WWDC24, Apple software chief Craig Federighi alluded to the potential expansion of Siri’s AI capabilities,…
Following the real estate investment firm’s agreement to be acquired by Apollo Global Management (APO) for $1.5 billion, Bridge Investment Group Holdings’ (BRDG) stock shot up 35% on Monday. Apollo to Provide Real Estate Firm Bridge Investment Group for $1.5 Billion: Apollo Global Management has revealed intentions to purchase Bridge Investment Group Holdings Inc. for…
Following a report last week that the Trump administration ordered the Pentagon to reduce the U.S. defense budget, Palantir Technologies’ stock fell sharply on Monday, continuing its losses. The article sparked concerns that Palantir, a U.S. military contractor, would suffer consequences. After reaching a record high the day before, Palantir’s stock has dropped almost 25%…
During Monday’s trading session, Vedanta’s share price fell by more than 1%, indicating the market’s weakness. The Indian stock market is under pressure due to continuous selling by foreign institutional investors and global worries caused by Trump tariffs. Experts believe the ‘Sell India, Buy China’ trend will continue long since Chinese equities remain tempting. On…
The share prices of Prithvi Exchange (India) and ASM Technologies will be closely watched on Monday, February 24, as they both trade ex-dividend. The record date for assessing whether members are entitled to receive dividends was established on February 24, 2025. According to the February 24 record date, investors who acquired shares in these firms…
Citi is positive on IndiGo’s (InterGlobe Aviation Limited) shares. According to the brokerage business, the aviation industry has a significant market share and expects an increase in overall air traffic demand. It has boosted its target price by Rs 100. At 9:19 a.m., IndiGo shares were up 0.54 percent, trading at Rs 4535.15 per. The…
Adding new-age tech businesses Zomato and Jio Financial Services to the benchmark Nifty 50 is estimated to boost the index’s value by 2.5%. Zomato and Jio Financial Services will join the Indian stock market benchmark index Nifty 50 on March 28, 2025, as the National Stock Exchange (NSE) stated in the forthcoming semi-annual indices rearrangement….