This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years.“I have authorised…
Last Updated:April 04, 2025, 19:33 IST The Dow fell 1,000 points, or 2.5%, and the broader S&P 500 was 2.6% lower; tech-heavy Nasdaq was 3% lower and flirting with bear-market territory — a decline of 20% from its peak in December. Investors have been fearful that a dramatic escalation of the trade war could plunge…
Last Updated:January 28, 2025, 13:46 IST The low-cost development of DeepSeek R1 has raised questions on huge investments made so far in the AI domain and the return on capital on them. With DeepSeek making a headline, Nvidia’s shares on Monday dropped 16.86 per cent to $118.58 apiece on the BSE, wiping out nearly $600…
Last Updated:December 19, 2024, 01:13 IST US Fed Meeting: ‘The US is strong overall. The unemployment rate forecast is 4.2 per cent this year, and 4.3 per cent over the next few years. Inflation has eased significantly over the past two years but remains somewhat elevated relative to our 2 per…Read More US Federal Reserve…
