Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street. The broader US tech rout added to the […]
The S&P 500 and the Nasdaq rose solidly after a shaky start on Monday, as technology stocks found their footing following last week’s AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve’s interest-rate path. While the Dow notched its second closing record in a row with a […]
Valued at a market cap of $45.7 billion, Edwards Lifesciences Corporation (EW) provides products and technologies to treat advanced cardiovascular diseases. The Irvine, California-based company is known for its patient-centric approach and close collaboration with physicians. This healthcare company has underperformed the broader market over the past 52 weeks. Shares of EW have gained 10.9% over this […]
Artificial intelligence (AI) moves hard and fast. Since the launch of OpenAI’s ChatGPT, investors have wondered just how many different jobs AI could displace and in which industries. With the release of Anthropic’s Claude Cowork tool, which can autonomously execute tasks on a computer normally done by various software applications, Claude is now acting more like […]
A screen displays the Dow Jones Industrial Average and other trading numbers following the closing bell at the New York Stock Exchange (NYSE) in New York City, U.S., February 5, 2026. | Photo Credit: REUTERS/Brendan McDermid Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in […]
The Estée Lauder Companies Inc. (EL), headquartered in New York, manufactures, markets, and sells skin care, makeup, fragrance, and hair care products. Valued at $41.9 billion by market cap, the company’s products are sold through department stores, mass retailers, company-owned retail stores, hair salons, and travel-related establishments. Shares of this global leader in prestige beauty have outperformed the broader market over […]
The last several years have been very interesting for investors to watch. For instance, some companies experienced a surge in demand during the pandemic, only to see those gains slow down as the economy normalized. This resulted in market sentiment that registered wild swings. One fintech stock in particular ended up being a clear portrayal […]
Indian equities slumped sharply in mid trading session on Sunday as investors reacted nervously to the Union Budget, with broad-based selling dragging benchmark indices deep into the red. The sell-off was steeper in the broader market, where midcap and smallcap stocks slid 2–3 per cent, while all sectoral indices traded lower—led by PSU banks, financials, […]
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said. Equity markets would be closed on Monday for Republic Day. Moreover, trading activity of foreign investors, rupee-dollar […]