Economy

Economy
Economy

House divided: Inside the Tata Group boardroom war over Chandrasekaran and IPO plans

India’s 158-year old Tata Group is facing an unusually public battle over control, strategy and governance as the board of Tata Sons, the group’s principal investment holding company, finds itself at odds with the Tata Trusts, which control the company. The dispute, involving Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata, has

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Economy

Top crypto price predictions: Quant (QNT), Zcash (ZEC), Cardano (ADA)

The crypto market was on edge over the weekend as the last rally of top altcoins being in the red. Bitcoin was stuck inside a narrow range above $84,000, while the valuation of all tokens rose to $2.89 trillion. This article looks at a forecast for some of the top tokens like Quant (QNT), Zcash

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Economy

Is Elon Musk’s SpaceX stock a golden opportunity after its 34% pullback?

SpaceX stock has wavered this month after hitting the crucial resistance at $158. This consolidation has coincided with share unlocks and the upcoming Starlink v3 test. It was trading at $148.03 on Friday, down sharply from the all-time high of $225. So, is this a golden opportunity to buy the company? Analysts are bullish on

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Economy

Elon Musk says xAI’s Colossus 2 could more than double Nvidia chip count by year-end

Elon Musk said his xAI business could more than double the Nvidia chip count at its Colossus 2 computing cluster by the end of the year, laying out the most detailed expansion timetable yet for the Memphis-area facility. Colossus 2 currently runs 110,000 Nvidia GB200 chips and 440,000 GB300 chips, Musk said in a post

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Economy

Dow jumps 190 points as oil retreats but Treasury yields stay elevated

US stocks edged higher Friday as Wall Street headed toward the end of a volatile week marked by a sharp rise in Treasury yields, falling oil prices and renewed hopes for a diplomatic breakthrough in the Middle East. The S&P 500 rose 0.3%, while the Nasdaq Composite gained 0.4%. The Dow Jones Industrial Average added

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Economy

Bloom Energy stock forms island reversal amid Project Jupiter risks

Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering a bit to the current $267. It remains about 25% below its highest point this year, and has formed an island reversal pattern. Bloom Energy

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Economy

The higher-for-longer trade is creating a tech divide

The 10-year Treasury yield reached a high of about 5.2% on September 24, a multi-decade high that should, by conventional logic, compress valuations across richly priced technology stocks. Instead, the Magnificent Seven stocks have kept climbing – decoupling from a bond market that continues to reprice higher. The immediate spark was viral consumer adoption of

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Economy

Why bond yields are surging and what could calm them

The bond market had another difficult week. The US 10-year Treasury yield climbed to around 5.2% this week, while the 30-year yield touched 5.5%, taking the two benchmarks to their highest levels since 2007 and 2004, respectively. The selloff has extended well beyond the US. Yields have also risen across major developed markets as higher

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Economy

Global bond sell-off: what happens to stocks if 10-year yields stay above 5%?

A fresh bout of volatility is sweeping global bond markets as stronger economic data, rising oil prices and persistent inflation concerns revive expectations of higher interest rates. The benchmark 10-year Treasury yield jumped 13.89 basis points on Wednesday to 5.106%, its highest level since 2007 and its biggest one-day increase since April 2025. The move

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Economy

SpaceX stock falls as 328 million shares unlock: is more selling coming?

SpaceX stock (NASDAQ: SPCX) slipped in pre-market trading on Thursday as another block of restricted stock became eligible for sale, extending a supply overhang that has followed the company since its June market debut. The stock was down about 0.6% before the bell after falling 4.11% on Wednesday to $148.36. Up to 328.4 million Class

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