Category: Stock

Shares of MongoDB surged about 31% on Wednesday after the database software firm said its Atlas cloud service was seeing increasing usage as more customers build AI applications on the platform. MongoDB was set to add more than $5.2 billion to its $17.51 billion market capitalization. Generative AI apps process vast amounts of unstructured data, […]

A U.S. stake in chipmaker Nvidia is “not on the table” Treasury Secretary Scott Bessent said on Wednesday. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on Fox Business’ “Mornings with Maria” program. Bessent raised the possibility that the administration could take […]

European shares edged higher on Wednesday, recovering from their largest drop in nearly a month, as investors weighed political risks in France and awaited earnings from artificial intelligence behemoth Nvidia for cues. The pan-European STOXX 600 index rose 0.4% by 0707 GMT. France’s CAC 40 also gained 0.4%, following a three-week low hit in the […]

Japan’s Nikkei share average rose on Wednesday, lifted by gains in Nvidia supplier Advantest, while investors awaited the U.S. chipmaker’s outlook due before the Tokyo market opens on Thursday. The tech-heavy Nikkei advanced 0.3% to close at 42,520.27. By contrast, the broader Topix eased 0.07% to 3,069.74. “The market is focused on Nvidia’s outlook. Its […]

The new round of US tariffs coming into effect today will have a deeper and more prolonged impact on India’s economy and corporate performance than what is currently priced in, warned Dhananjay Sinha, CEO and Co-head, Institutional Equities, Systematix Group. Speaking to ET Now, Sinha said it would be “myopic” to judge market reaction in […]

Even as the Indian stock markets are closed today due to the Ganesh Chaturthi festival, Gift Nifty signaled mildly weak sentiments around noon, on the back of 50% Trump tariffs coming into effect and lackluster Asian trade. Except for Japan’s Nikkei 225, most Asian markets were in the red. Hong Kong’s Hang Seng slipped 1% […]

The ongoing tariff tensions may be grabbing headlines, but their actual impact on India’s economy will remain limited, according to Varun Saboo, Head–Equities at Anand Rathi Shares. Speaking to ET Now, Saboo said India has handled the situation with restraint and is leveraging new trade partnerships to offset potential risks. “While tariff talk has created […]

When Howard Lutnick, head of Cantor Fitzgerald, said Lockheed Martin is basically an arm of the US government, it struck a nerve. His remark reopened an old debate about how closely Washington and Wall Street are tied together. America likes to call itself the land of free markets, where companies succeed or fail on their […]

As India celebrates Ganesh Chaturthi today, a peep into the past one year reveals 33 stocks which have delivered up to a whopping 22,344% returns since the last Ganapati Utsav. At the center of the attention is this midcap counter Elitecon International which is followed by two smallcaps viz. Kothari Industrial Corporation and Colab Platforms […]

India’s fuel retailers are raking in marketing margins of Rs 11.2 per litre on petrol and Rs 8.1 per litre on diesel in FY26 so far, sparking buy recommendations from brokerages as oil prices hover below $70 per barrel since March. The margin windfall, tracking “significantly ahead of normative levels,” has created what brokerages see […]