Finance & Business News
Wednesday, 10 June 2026
marketsSterlite Technologies Leads AI Capex Trade with 530% Surge
Sterlite Technologies Ltd. has surged over 530% this year, driven by a $1.1 billion contract, highlighting the 'AI capex trade' in India. The data-center ecosystem is witnessing significant investments, with companies like Amazon and Alphabet leading the charge.
marketsGlobal Markets Decline as AI Rally Stalls; Oil Prices Steady
Asian markets declined as investors shifted focus from chipmakers, impacting the MSCI Asia Pacific Index. Oil prices steadied amid US-Iran diplomatic hopes, while the semiconductor sector experienced a pullback. Traders are now focused on the upcoming US employment report.
marketsRupee and Bond Markets Poised for RBI Policy Announcements
The Indian rupee closed at 95.78 against the dollar, slightly lower than its previous close, as markets await key announcements from the RBI. The 10-year bond yield remained stable at 7%. Traders noted RBI intervention helped contain the rupee's depreciation.
Pakistan Clinch Series in Tense Low-Scoring Encounter
Robinson Shines as England Dominates New Zealand on 16-Wicket Day
Ollie Robinson's Stunning Return Highlights Missed Ashes Opportunity
AI, Gold, and Canada's Investment Challenges at Sohn Montreal
Dow Hits Record High Amid Healthcare, Financial Stock Gains
Wall Street Rises; Dow Hits Record High Amid Iran War Progress
Fed's Schmid Weighs Patience Against Rate Hikes Amid Inflation
Quantinuum's Nasdaq Debut Sees Shares Surge, Valued at $17.6 Billion
US Treasury Yields Dip as Jobless Claims Rise, Oil Prices Fall
Dollar and Oil Prices to Move in Tandem Through 2026: Survey
Oil Prices Drop on Hopes for Iran Deal After Israel-Lebanon Ceasefire
US Supreme Court Upholds SEC's Disgorgement Authority in Unanimous Ruling
Bhutan's Ritshi Choden First Woman Timed Out in Cricket History
HP Launches AI-Enhanced Laptops with Nvidia RTX Spark
Broadcom Shares Plummet on Disappointing AI Revenue Forecast
Pinterest Expands Amazon Partnership to Boost AI Capabilities
Jamieson Strikes as Rain Interrupts Play at Lord's
Broadcom Faces $300 Billion Market Value Loss Amid AI Disappointment
Dow Rises While Nasdaq and S&P 500 Open Lower Amid Market Volatility
