Welcome back to The Prompt, Is the AI market in a bubble? That question has been on a lot of people’s minds lately. Investors and economists are concerned that the stock market could be overheating, led by AI and tech companies being overvalued, which may put us at risk of reliving the 2000s dot com
U.S. financial markets edged higher on Tuesday, with investors shrugging off immediate concerns over President Trump’s decision to remove Lisa Cook from the Federal Reserve’s Board of Governors, an unprecedented move that analysts say could hinder the central bank’s independence. The S&P 500 gained 26 points, or 0.4%, to close at 6,466, while the Dow Jones
Why bother with a mortgage when you have billions of dollars? Why even fill out a loan application for that matter when you can simply pay cash for any home on the market? Well, that’s probably why Jay-Z and Beyoncé’s decision to take on not one but two mortgages on their $88 million Bel Air
Shares of Muthoot Finance on Thursday hit a fresh high before settling with 10 per cent gains following a 65 per cent year-on-year surge in its consolidated profit after tax for three months ended June 2025. The stock ended nearly 10 per cent higher at ₹2,757.55 on the BSE, hitting a fresh high of ₹2,799.
Shares of Muthoot Finance on Thursday jumped over 11 per cent to a fresh high after the firm reported a 65 per cent year-on-year surge in its consolidated profit after tax for three months ended June 2025. The gold loan NBFC reported a 90 per cent growth in profit after tax at ₹2,406 crore in
Stocks climbed again Wednesday as cooling inflation boosted investor hopes for a Federal Reserve rate cut next month. Futures rose across all major indexes after Tuesday’s record-breaking rally, keeping bullish momentum alive. Futures rise as investors eye rate cuts By early morning, U.S. stock futures pointed higher: S&P 500 futures: +0.2% Nasdaq 100 futures: +0.2%
President Donald Trump’s policies are splitting the market into distinct camps, Morgan Stanley says. Lisa Shalett, the chief investment officer of the bank’s wealth management arm, pointed to the effects of Trump’s tax bill and his sweeping tariffs in a recent podcast. “Now, as the impacts of the tax reform bill and global tariff implementation
U.S. stock futures rose early Friday morning as investors absorbed the latest wave of corporate earnings, new trade tariffs from the Trump administration, and news of a shakeup at the Federal Reserve. At 6 a.m. ET, Dow futures were up 0.24%, while S&P 500 futures added 0.31% and Nasdaq futures rose 0.34%. The rebound comes
This week, we’ve seen the Australian share market smash records, from fresh intra-day all-time highs (which occur during trading sessions) to record closing highs. Whichever way you cut it, the Australian share market is performing exceptionally well. It’s been a remarkable turnaround from the enormous volatility we saw in early April when US President Donald
PNB Housing Finance shares fell sharply after MD & CEO Girish Kousgi’s resignation announcement. The company is initiating a search for a new leader. New Delhi, Aug 1 (PTI) Shares of PNB Housing Finance tumbled 18 per cent on Friday after its Managing Director and Chief Executive Officer Girish Kousgi announced his resignation and said