
Articles liés
Accenture Shares Plunge Nearly 20% Amidst Mixed Financial Results and AI Optimism
Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7B, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Tokenised Gold: A New Investment Option in India with Regulatory and Tax Hurdles
Tokenised gold, a blockchain-based digital representation of physical gold, is emerging in India. While offering accessibility and 24/7 trading, it lacks regulation, faces high taxes (30% on gains as VDA), and requires investor trust in multiple entities. Experts suggest it as an experimental investment with limited portfolio exposure.
Aurobindo Pharma Secures US Antitrust Clearance for Lannett Acquisition
Indian drug giant Aurobindo Pharma has received final antitrust clearance from the US FTC for its takeover of Lannett Company. The acquisition, executed via its US subsidiary, is expected to close by the end of June, significantly expanding Aurobindo's US footprint.
SpaceX Shares Fall Over 6% as Post-IPO Euphoria Fades
SpaceX shares dropped over 6% on Thursday, falling to $178.50, as investor enthusiasm waned after a strong IPO debut. The decline puts the company's $2.52 trillion valuation under pressure, potentially shedding over $150 billion. This follows a week of significant gains and investor reassessment of long-term prospects amid increased AI spending.
Oil Prices Volatile Amid Concerns Over Middle East Peace Deal Stability
Oil prices experienced volatility following US Vice President JD Vance's comments questioning Israel's actions against Hezbollah, raising concerns about the Middle East peace deal's stability. Brent crude fell 0.65% to $79.33 and WTI crude dropped 0.46% to $75.50.
MG Motors Ordered to Refund Rs 18.23 Lakh for Defective Car After 3-Year Legal Battle
A car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Electronic Steering Column Lock failure, leading to a jammed steering wheel and an accident. The North Delhi Consumer Commission has ordered MG Motors to refund the car's purchase price of Rs 18.23 lakh plus compensation.
