US Stock Reports, Quotes and News
Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI\’s Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.
Domestic indices rose on Monday amid buying action in banks and easing crude oil prices and geopolitical tensions. Global markets also lent support to sentiments back home.
Axis Bank emerged as the primary driver of Thursday\’s market rally, soaring over 6% following robust quarterly earnings.
Super Micro Computer, Inc. (NASDAQ:SMCI) stock has experienced a notable pullback today, declining by more than 13% from Thursday’s close. This downturn comes amidst broader movements in the semiconductor sector, influenced by recent reports and guidance from key industry players.
What Happened: Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.1% in the morning session after the Wall Street Journal…
What Happened: Shares of e-commerce marketplace Coupang (NYSE:CPNG) jumped 11.4% in the afternoon session after the company announced it would…