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2025-06-26 05:10:26| The Economic Times

Nvidia's stock soared to a record high on Wednesday, propelling it past Microsoft to become the world's most valuable company. This surge was fueled by an analyst's prediction of a "Golden Wave" of AI adoption, with Loop Capital raising its price target for Nvidia. The resurgence of the "AI trade" has boosted chip stocks, reflecting optimism about the technology's potential.

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2025-06-26 04:41:00| The Economic Times

Swaminathan Aiyar suggests the Reserve Bank of India might lower interest rates. This decision hinges on a possible US recession. The US Federal Reserve's approach to inflation and interest rates could restrict the RBI's moves. Aiyar notes India has managed well with higher rates. Therefore, immediate cuts are not crucial.

Category: News and Media

2025-06-26 02:52:06| The Economic Times

Asian equities saw gains, boosted by Japanese stocks, while US stock futures remained flat amid economic and geopolitical uncertainties. Short-dated Treasuries rallied, and the dollar weakened following reports of a potential new Federal Reserve Chair. Investors are weighing the impact of Middle East tensions and US tariffs, with the S&P 500 nearing a record high.

Category: News and Media

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26.06 Families urged to sign up to 'holiday hunger' clubs 26.06 2 top stock recommendations from Rahul Sharma 26.06 US lawmakers unveil Bipartisan 'No Adversarial AI Act' to block Chinese-Controlled AI from federal systems 26.06 Food giant threatens to close UK biofuel plant after US tariff deal 26.06 Why your old mobile phone may be polluting Thailand 26.06 US economy set to slow, but recession unlikely: Richard Yetsenga 26.06 Usha Vance's new life in Trump's Washington 26.06 Inflation in check, but Fed likely to hold fire on July rate cut: Peter Cardillo More »