
Wall Street Rattled: Nasdaq Sinks Over 2% as Soaring AI Spending Sparks Tech Sell-Off
A sharp tech pullback dragged the Nasdaq down more than 2%, driven by investor anxiety over surging AI capital expenditures and Meta's steep five percent slide.
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A sharp tech pullback dragged the Nasdaq down more than 2%, driven by investor anxiety over surging AI capital expenditures and Meta's steep five percent slide.

Indian benchmark indices fell for the third consecutive session as Brent crude breached $111 per barrel, escalating domestic inflation concerns.

Nippon Life India AMC seeks regulatory resolution with SEBI over transactions linked to Yes Bank's contentious Additional Tier-1 perpetual bonds.

Jio Platforms' mega public issue gained significant traction on its second day of bidding, crossing 3.45 times overall subscription driven by robust retail interest.

Driven by higher rental yields, currency diversification, and global mobility, Indian investors are steadily expanding their overseas property portfolios.