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29 Aug 2024

Asian Firms' Earnings Outlook Brightens as Semiconductor Sector Leads the Way

Asian companies are experiencing an improved earnings outlook, largely driven by the resurgence of the semiconductor industry. This positive trend is particularly evident in tech-heavy markets like South Korea and Taiwan.

2 Sources

Yelp Files Antitrust Lawsuit Against Google Following Landmark Ruling

Yelp has filed an antitrust lawsuit against Google, alleging anticompetitive practices in local search results. The lawsuit follows a recent landmark antitrust ruling against Google and seeks damages for lost revenue.

3 Sources

Global Markets Shift Focus from Nvidia to US Economy and Fed Policy

As Nvidia's record-breaking earnings fade, global stock markets turn their attention to the US economy and Federal Reserve's upcoming decisions. Investors remain cautious amid mixed economic signals and potential policy shifts.

7 Sources

Nvidia's AI Chip Dominance Sparks Global Race for Alternatives

The global semiconductor industry is in a fierce competition to develop alternatives to Nvidia's AI chips, as countries and companies seek to reduce reliance on the US-based tech giant.

2 Sources

Deepfake Video of Virat Kohli Criticizing Shubman Gill Sparks Controversy

A viral deepfake video featuring cricket star Virat Kohli criticizing teammate Shubman Gill has raised concerns about the dangers of AI-generated content in sports and social media.

3 Sources

Sonata Software Secures Major IT Outsourcing Deal with US Healthcare Company

Sonata Software, an Indian IT services firm, has won a significant multi-year, multi-million dollar strategic IT outsourcing contract from a leading US-based healthcare and wellness company. The deal has led to a surge in Sonata's stock price.

5 Sources

JSW Group Companies See Mixed Performance in Stock Market

JSW Energy and JSW Infrastructure, both part of the JSW Group, experienced contrasting stock market performances. While JSW Energy saw a decline, JSW Infrastructure showed positive momentum.

2 Sources

Tata Group Stocks Surge: Motors, Steel, and Power Show Significant Gains

Tata Motors, Tata Steel, and Tata Power stocks experience notable increases in share prices, reflecting positive market sentiment and strong performance across the Tata Group's key sectors.

3 Sources

Indian Energy Sector Stocks Show Mixed Performance Amid Market Fluctuations

Major Indian energy companies, including ONGC, NTPC, GAIL India, NHPC, and Reliance Industries, experienced varied stock movements on August 29, 2024, reflecting the dynamic nature of the energy market and broader economic factors.

16 Sources

Salesforce Reports Strong Q2 Results, Emphasizes AI Integration and Profitability

Salesforce's Q2 2025 earnings call highlights steady growth, increased focus on AI, and improved profitability. The company's leadership discusses strategic initiatives and future outlook.

3 Sources

Indian Financial Stocks Show Mixed Performance Amid Market Volatility

Several Indian financial stocks, including IRFC, IDFC, IREDA, RVNL, and IFCI, experienced varied market movements on August 29, 2024. While some stocks saw gains, others faced declines in a volatile trading session.

5 Sources

Fund Manager's Remarkable Success: Turning ₹50 Lakh into ₹1.3 Crore for HNI Investors

A fund manager's impressive investment strategy has yielded extraordinary returns for high-net-worth individuals, transforming ₹50 lakh into ₹1.3 crore over a five-year period. This success story highlights the potential of strategic investment in the Indian market.

2 Sources

Eros Investments to Invest $1 Billion in Malaysia's Digital Economy

India's Eros Investments plans to invest $1 billion in Malaysia's digital economy, focusing on content, technology, and gaming. The announcement was made by Malaysia's Communications Minister Fahmi Fadzil.

4 Sources

Reliance AGM 2024: Key Announcements and Market Impact

Reliance Industries' Annual General Meeting 2024 brings significant announcements, while Indian stock markets and tech sector show mixed trends. This story covers the AGM highlights, market reactions, and tech industry developments.

3 Sources

Asian Shares and Wall Street Futures Dip as Nvidia Earnings Disappoint

Asian stock markets and U.S. stock futures fell on Thursday following disappointing earnings from chip designer Nvidia, impacting the broader tech sector and global market sentiment.

3 Sources

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