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Turtlemint Fintech IPO GMP signals discounted market debut on 29 June; check subscription and other details
Turtlemint's IPO, open from June 19 to 21, was subscribed 0.68 times. It aims to grow its tech capabilities and brand presence with the raised funds. Established in 2015, Turtlemint connects customers, advisors, and insurers through a hybrid model.
US stock markets: Dow Jones hits record high, Nasdaq sinks 4.6% - What shook Wall Street this week?
For the week ended June 26, the Dow Jones Industrial Average outperformed its peers, gaining about 0.6% to close at a record high. The broader S&P 500, however, declined 2.0%, while the tech-heavy Nasdaq Composite tumbled 4.6%.
Defiance US 100 Tech AI Moat Share Price | NASDAQ:AIX ETF - Investing.com India
Defiance US 100 Tech AI Moat Share Price | NASDAQ:AIX ETFInvesting.com India
Tech volatility weighs on global stocks; oil falls towards four-month low
Global stocks fell as Apple's price hikes rattled tech shares, while oil slid on easing supply fears and gold edged higher on a weaker US dollar
Piyush Goyal holds strategic talks with Rolls-Royce delegation to bolster advanced manufacturing in India
Union Minister Piyush Goyal met with a Rolls-Royce delegation to explore strengthening industrial and technological ties, highlighting the India-UK Comprehensive Economic and Trade Agreement (CETA) as a key opportunity. Goyal emphasized CETA's potential to deepen investments, accelerate tech partnerships, and build resilient supply chains, benefiting both nations. He also reassured that the pact is designed to boost economic growth and job creation without harming domestic sectors.
US Stock Market Today: S&P 500, Nasdaq Plunge Up To 1% On Tech Selloff; Micron Erases AI Gains
Dow Jones Industrial Average was down 0.23% to 51,800.87 at open after hitting a fresh high in the last session.
OpenAI may push IPO to next year: What's behind the delay?
OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared for a listing this year. Here's what happened.
Goldman sees big tech stocks turning attractive amid chip volatility, 'you want to diversify toward hyperscalers'
Big tech stocks could turn more attractive in the artificial intelligence trade as chipmakers show continued volatility, according to Goldman Sachs Group Inc. strategist Christian Mueller-Glissmann.
US stock market today: S&P 500, Nasdaq futures slide up to 1% as global tech sell-off resumes
US stock futures declined on June 26 due to a renewed global technology sell-off. Nasdaq futures dropped 1.1%, influenced by concerns over high valuations, production cuts, and rising market volatility affecting investor sentiment.
Japan markets tumble as tech stocks come under pressure
Investor sentiment weakened due to ongoing concerns about the high costs of artificial intelligence infrastructure and uncertain returns. SoftBank Group plunged nearly 13% after reports that OpenAI may delay its planned initial public offering until 2027, postponing potential gains for the company. Other major tech stocks, including Kioxia Holdings, Fujikura, Advantest, Tokyo Electron, and Taiyo Yuden, also posted steep losses.
Cummins India to invest more in green tech
Cummins India is aggressively investing in electric, fuel blending, and hydrogen technologies to secure growth beyond 2030 and counter rising Chinese competition. The company, a leader in engines and power generators, is also strengthening its supply chains against geopolitical risks. Managing Director Shveta Arya highlighted the importance of reliability and customer relationships in a dynamic market, while also eyeing opportunities in India's burgeoning data center sector.
IPO delay? OpenAI considering pushing back listing to 2027 amid volatility in tech stocks, says report
OpenAI is considering delaying its IPO until 2027 due to recent tech stock volatility, as reported by the New York Times. CEO Sam Altman aims for a $1 trillion valuation, working with Goldman Sachs and Morgan Stanley for a potential listing.