Global Market​​

Wall Street Closes Strong as Economic Fears Subside, Best Weekly Gains of 2024

Wall Street Closes Strong as Economic Fears Subside, Best Weekly Gains of 2024

/ Global Market​​ /

U.S. stocks climbed on Friday, giving back their strongest week of the year, as fears of a possible recession waned. The S&P 500 and Nasdaq registered a seventh day of consecutive gains, rebounding from losses two weeks ago when weak economic data and fear of a recession rattled investors. All three major indexes notched their […]

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Nvidia Delivers Latest AI Chips

Nvidia Delivers Latest AI Chips to Indian Partners for AI Cloud Infrastructure

/ Global Market​​ /

Nvidia, the leading AI chip manufacturer, has commenced the delivery of its newest AI chips, including the GH200 AI, to major Indian partners like Tata Communications and Jio Platforms. These companies are leveraging advanced technology to build AI-cloud infrastructure across India. Vishal Dhupar, Nvidia’s managing director for South Asia, confirmed the ongoing deployment, stating, “Yes,

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Asian Markets Dip as Tech Stocks Tumble in the US

/ Global Market​​ /

Asian stock markets experienced a downturn following a significant drop in US tech stocks, fueled by expectations of potential interest rate cuts due to slowing inflation in the US. The Japanese yen showed volatility amid speculations of market interventions. Key Point:- •. Japan: Japanese shares dropped over 1% after a rally in the yen on

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canada plan to sell delhivery

Canada Pension Plan Investment Board Likely to Sell Entire Stake in Delhivery

/ Global Market​​ /

MUMBAI, July 9, 2024 – The Canada Pension Plan Investment Board (CPPIB) plans to sell its entire 3.18% stake in the logistics company Delhivery through block deals on July 10, as reported by CNBC-TV18. Sources indicate that the block deal will be valued at approximately Rs 886 crore. Shares will be offered in the price

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