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2025-05-14 10:50:38| The Economic Times

Harish Krishnan of Aditya Birla Sun Life AMC suggests buying cyclical sectors when their profit pool share is low. He highlights the metal basket due to potential re-industrialization and a weakening dollar. Krishnan anticipates headwinds for the real estate sector due to high ownership and supply. He also expresses caution regarding the hospitality sector, citing significant listings and potential overvaluation.

Category: News and Media

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2025-05-14 10:29:23| The Economic Times

GD Culture Group, a struggling tech firm with Chinese ties and reliance on TikTok, plans to invest $300 million in Bitcoin and the $TRUMP meme coin, raising ethical concerns due to Trump's involvement and potential conflicts of interest.

Category: News and Media

2025-05-14 10:10:24| The Economic Times

GSK is set to acquire efimosfermin, a promising liver disease drug, from Boston Pharmaceuticals for a potential $2 billion. The deal includes an upfront payment of $1.2 billion and milestone payments. Efimosfermin, targeting steatotic liver disease and MASH, is expected to launch in 2029, with GSK also planning to explore its use for alcohol-related liver disease.

Category: News and Media

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