Saturday, October 11, 2025 News Archive

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U.S. shutdown delays data, makes economy look like emerging market: Bloomberg

U.S. shutdown delays data, makes economy look like emerging market: Bloomberg
Bloomberg Economics said the U.S. government shutdown is eroding investor confidence and ‘making America look more like an emerging market.’ The analysis cites stalled fiscal operations, missed data releases, and uncertainty around the October 24 CPI report as signs of institutional fragility. Despite the turmoil, Bloomberg noted that credit spreads remain contained, suggesting investors still see Treasuries as safe assets. The commentary highlights growing reputational costs for U.S. fiscal governance. (Bloomberg)
Tags:
  • U.S. economy
  • shutdown
neutral

Fed’s Waller warns U.S. job growth may have turned negative

Fed’s Waller warns U.S. job growth may have turned negative
Federal Reserve Governor Christopher Waller said the labor market is showing ‘clear signs of weakening,’ with the latest internal data suggesting payroll growth may have turned negative in recent months. He cautioned that a contracting job market poses the biggest risk to the soft-landing outlook and may justify a slower pace of balance-sheet tightening. Waller added that sustained disinflation allows more flexibility but urged data confirmation before major policy shifts. (Bloomberg Law)
Tags:
  • Federal Reserve
  • Christopher Waller
neutral

Fed’s Miran says calm bond market supports gradual rate cuts

Fed’s Miran says calm bond market supports gradual rate cuts
Federal Reserve Governor Stephen Miran said bond-market stability indicates investor confidence in the Fed’s policy path and supports measured rate reductions. He highlighted that yield curve volatility has declined even amid the shutdown, suggesting markets see the Fed as credible. However, Miran noted data gaps could impede timely decision-making ahead of the November meeting.
Tags:
  • Stephen Miran
  • bond markets
neutral

Fed Governor Barr warns inflation risks persist despite easing cycle

Fed Governor Barr warns inflation risks persist despite easing cycle
Federal Reserve Vice Chair for Supervision Michael Barr said the central bank must be cautious about further rate reductions, arguing that price pressures remain sticky in services and housing. He added that premature loosening could undermine progress on anchoring expectations. Barr supported the September cut but called for patience before any additional moves until inflation heads ‘decisively toward 2 percent.’
Tags:
  • Michael Barr
  • Federal Reserve
neutral

Fed's Musalem urges caution on further rate cuts

Fed's Musalem urges caution on further rate cuts
St. Louis Fed President Alberto Musalem warned that inflation remains well above target and urged the Federal Reserve to ‘tread with caution’ before cutting rates again. He said another quarter-point cut could be justified to support the labor market but stressed that over-easing risks entrenching price pressures. Musalem added that a data-driven approach is vital amid the government shutdown and ongoing data delays.
Tags:
  • Federal Reserve
  • interest rates
neutral

Foreign firms plan U.S. expansion to offset tariff fallout

Foreign firms plan U.S. expansion to offset tariff fallout
As U.S. trade tensions escalate, foreign corporates are actively exploring setting up or scaling operations stateside to mitigate tariff exposure. Manufacturers and tech firms from Asia and Europe cited rising import costs and supply chain risk as drivers. Many plan investments in U.S. plants, R&D centers, and distribution hubs. The shift aims to preserve margins, simplify logistics, and signal regulatory alignment to U.S. markets and government incentives. (Reuters)
Tags:
  • corporate expansion
  • tariffs
neutral

U.S. to publish September CPI despite government shutdown

U.S. to publish September CPI despite government shutdown
Despite the ongoing federal shutdown, the Bureau of Labor Statistics said it will release the September Consumer Price Index (CPI) report on October 24. The CPI is crucial for Social Security’s 2026 cost-of-living adjustment calculations. Many other economic releases remain delayed due to halted agency operations. The decision to move ahead with CPI reflects statutory obligations tied to benefit payments, even amid broader disruptions. (Reuters)
Tags:
  • U.S. economy
  • CPI
positive

OpenAI launches expanded enterprise suite to boost corporate AI adoption

OpenAI launches expanded enterprise suite to boost corporate AI adoption
OpenAI has unveiled an expanded enterprise product line, adding advanced data-governance tools and multimodal integration to ChatGPT Enterprise. The upgrade enables firms to securely query internal databases, documents, and dashboards using natural language while maintaining strict privacy controls. The move targets Fortune 500 clients already experimenting with AI copilots and follows strong demand from consulting and banking partners. OpenAI also announced tiered pricing to support broader adoption across mid-sized organizations.
Companies:
  • OpenAI
Tags:
  • OpenAI
  • ChatGPT Enterprise
positive

Hotel Polo Towers submits DRHP with SEBI ahead of IPO listing

Hotel Polo Towers submits DRHP with SEBI ahead of IPO listing
Hotel Polo Towers, a hospitality and real estate group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO. The filing was submitted on October 10, 2025, under SEBI’s public issues section. The company plans to use the proceeds to expand its hotel chain across Tier-II and Tier-III cities and repay outstanding borrowings. The IPO will test investor appetite in India’s hospitality sector following recent listings by Chalet Hotels and Lemon Tree.
Companies:
  • Hotel Polo Towers
Tags:
  • Hotel Polo Towers
  • hospitality IPO
positive

Sai Parenterals files DRHP with SEBI to raise ₹285 crore via IPO

Sai Parenterals files DRHP with SEBI to raise ₹285 crore via IPO
Sai Parenterals Limited, a Hyderabad-based pharmaceutical manufacturer, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹285 crore through a public issue. The offer includes a fresh issue of ₹285 crore and an offer-for-sale (OFS) of up to 35 lakh shares. The proceeds will be used for R&D expansion, working capital, debt repayment, and the acquisition of Noumed Pharmaceuticals in Australia. Arihant Capital is acting as the book-running lead manager for the issue.
Companies:
  • Sai Parenterals Limited
  • Noumed Pharmaceuticals
Tags:
  • Sai Parenterals
  • pharma IPO
positive

Integris Medtech files DRHP with SEBI for ₹3,500–4,000 crore IPO

Integris Medtech files DRHP with SEBI for ₹3,500–4,000 crore IPO
Everstone-backed Integris Medtech has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise between ₹3,500 crore and ₹4,000 crore. The issue includes a fresh equity component of ₹925 crore and an offer-for-sale (OFS) of 2.16 crore shares by promoters and existing investors. The firm operates in medical devices, diagnostics, and lab automation, with FY25 revenue at ₹1,959.58 crore. Proceeds will fund expansion, debt reduction, and R&D capacity building across India and global subsidiaries.
Companies:
  • Integris Medtech
Tags:
  • Integris Medtech
  • IPO India
neutral

U.S. investors eye bank earnings as key economic signal amid data blackout

U.S. investors eye bank earnings as key economic signal amid data blackout
With the U.S. government shutdown delaying major economic data releases, investors are turning to upcoming bank earnings from JPMorgan, Citigroup, and Goldman Sachs for clues about the economy’s health. Analysts expect insights into loan growth, credit quality, and consumer spending trends. These earnings reports will serve as an informal proxy for missing macro indicators until regular data publication resumes, guiding expectations for Federal Reserve policy and Q4 growth momentum.
Companies:
  • JPMorgan Chase
  • Citigroup
  • Goldman Sachs
Tags:
  • bank earnings
  • US economy
positive

AI startup DualEntry raises $90M to disrupt enterprise ERP systems

AI startup DualEntry raises $90M to disrupt enterprise ERP systems
DualEntry, an AI startup developing autonomous finance and accounting tools, has raised $90 million in a Series A round led by Lightspeed and Khosla Ventures. The company aims to modernize enterprise ERP workflows through AI agents that automate reconciliation, forecasting, and reporting. The platform targets legacy systems like SAP and Oracle. The new funding will be used to scale R&D and accelerate enterprise onboarding as demand for AI-led financial automation grows.
Companies:
  • DualEntry
Tags:
  • DualEntry
  • AI automation
positive

Supabase hits $5B valuation in fresh funding round

Supabase hits $5B valuation in fresh funding round
Open-source database platform Supabase secured new funding that values the company at $5 billion, according to Reuters. The financing underscores strong investor support for backend developer tools amid the AI-driven software boom. Supabase provides developers an alternative to Google Firebase, integrating AI-enabled APIs, real-time sync, and PostgreSQL support. The funds will expand its global infrastructure and developer ecosystem, marking a major milestone for open-source data platforms in enterprise adoption.
Companies:
  • Supabase
Tags:
  • Supabase
  • funding
positive

Stoke Space raises $510M to accelerate reusable rocket development

Stoke Space raises $510M to accelerate reusable rocket development
Washington-based aerospace startup Stoke Space has raised $510 million in a new funding round led by the U.S. Innovative Technology Fund. The capital will fund the expansion of its Nova reusable rocket program, aimed at lowering launch costs and turnaround times. The company plans to scale manufacturing and testing infrastructure to compete with SpaceX in orbital reusability. The deal reflects renewed investor confidence in private space ventures focused on sustainable launch technologies.
Companies:
  • Stoke Space
Tags:
  • Stoke Space
  • space tech
neutral

U.S. consumer sentiment holds steady in October despite shutdown uncertainty

U.S. consumer sentiment holds steady in October despite shutdown uncertainty
U.S. consumer sentiment remained stable in early October, with the University of Michigan’s index dipping slightly from 55.1 to 55.0. Analysts had expected a sharper decline due to the ongoing federal government shutdown. Inflation expectations edged down to 4.6%, signaling moderate confidence among households. Economists believe resilient labor markets and steady wage growth have offset political and fiscal uncertainty, maintaining consumer optimism ahead of the holiday spending season.
Tags:
  • US economy
  • consumer sentiment
positive

Reflection AI raises $2B led by Nvidia, valued at $8B

Reflection AI raises $2B led by Nvidia, valued at $8B
Reflection AI, a developer tools startup founded by former DeepMind engineers, raised $2 billion in fresh capital led by Nvidia and Lightspeed Venture Partners, valuing the company at around $8 billion. The funding will accelerate the development of its autonomous code generation platform, which automates large-scale software engineering. The investment highlights surging demand for AI-driven development tools as enterprises seek to enhance productivity and reduce deployment cycles.
Companies:
  • Reflection AI
  • Nvidia
Tags:
  • AI startups
  • Nvidia
positive

Elon Musk’s xAI eyes $20B capital raise tied to Nvidia GPU purchases

Elon Musk’s xAI eyes $20B capital raise tied to Nvidia GPU purchases
Elon Musk’s artificial intelligence company, xAI, is in advanced talks to raise as much as $20 billion through a mix of debt and equity to secure Nvidia’s latest GPUs. About $2 billion of the investment could come directly from Nvidia. The capital will help xAI scale its training clusters and expand its data center footprint, positioning it to compete with OpenAI and Anthropic in the generative AI infrastructure race.
Companies:
  • xAI
  • Nvidia
Tags:
  • xAI
  • Elon Musk
positive

Sam Altman-backed Campus acquires Sizzle AI, hires Meta’s ex-AI head

Sam Altman-backed Campus acquires Sizzle AI, hires Meta’s ex-AI head
Campus, a U.S.-based college technology platform backed by OpenAI’s Sam Altman, acquired Sizzle AI to expand into adaptive education. The company also appointed Jerome Pesenti, former head of Meta AI, as its Chief Technology Officer. The acquisition enhances Campus’s personalized learning capabilities through conversational tutoring. The firm plans to integrate Sizzle’s AI models into its coursework modules, reinforcing the growing overlap between generative AI and education technology.
Companies:
  • Campus
  • Sizzle AI
Tags:
  • Campus
  • Sizzle AI
positive

Peer AI secures $12.1M funding to streamline life sciences documentation

Peer AI secures $12.1M funding to streamline life sciences documentation
San Francisco–based Peer AI raised $12.1 million in early-stage funding to expand its agentic AI platform that drafts and validates regulatory documents for life sciences firms. The round was led by Lightspeed Venture Partners. The startup aims to reduce manual bottlenecks in FDA and EMA submissions. Funds will support hiring, product development, and clinical validation partnerships, positioning Peer AI within the fast-growing vertical AI-for-regulation segment.
Companies:
  • Peer AI
Tags:
  • Peer AI
  • life sciences
positive

Vercel raises $300M Series F, valuation jumps to $9.3B

Vercel raises $300M Series F, valuation jumps to $9.3B
Frontend and AI platform Vercel raised $300 million in a Series F round led by Accel and GIC, lifting its valuation to $9.3 billion. The capital will drive product innovation in AI-assisted app deployment and expand its global cloud infrastructure. The company’s platform powers popular frameworks such as Next.js, serving over 100,000 developers worldwide. The funding underscores ongoing investor appetite for AI-enabled web development ecosystems.
Companies:
  • Vercel
Tags:
  • Vercel
  • Next.js
positive

AI2 Incubator launches $80M fund for real-world AI startups

AI2 Incubator launches $80M fund for real-world AI startups
Seattle-based AI2 Incubator launched a new $80 million fund to back startups applying artificial intelligence to real-world domains such as healthcare, robotics, and enterprise software. The incubator aims to fund 40 early-stage companies through Fund III, emphasizing practical use cases and technical depth. The initiative follows strong exits from previous AI2 portfolio firms, reinforcing Seattle’s growing role as a hub for applied AI innovation and commercialization.
Companies:
  • AI2 Incubator
Tags:
  • AI2
  • fund launch
neutral

Reliance Industries Q2 FY26 results set for October 18; focus on retail and Jio margins

Reliance Industries Q2 FY26 results set for October 18; focus on retail and Jio margins
Reliance Industries will announce its Q2 FY26 financial results on October 18. Analysts expect stable refining margins but soft petrochemical spreads, offset by steady performance in Jio and retail. Consolidated EBITDA is projected around ₹44,500 crore. Market participants will watch subscriber growth, retail footfall, and energy segment profitability. Commentary on green energy investments and new retail ventures could influence near-term sentiment as Reliance continues its diversification beyond hydrocarbons.
Companies:
  • Reliance Industries Ltd.
Tags:
  • Reliance Industries
  • Q2FY26
neutral

Wipro Q2 FY26 results due October 16; revenue growth seen flat amid client delays

Wipro Q2 FY26 results due October 16; revenue growth seen flat amid client delays
Wipro is scheduled to announce its Q2 FY26 earnings on October 16. Analysts forecast nearly flat sequential revenue as client decision delays persist in key markets such as the U.S. and Europe. EBIT margins may remain stable near 16%. The company’s focus on cost optimization, automation, and cloud transformation continues, while large-deal wins in BFSI and healthcare may offset softness in consumer tech. Commentary on FY26 demand recovery will be closely tracked.
Companies:
  • Wipro Ltd.
Tags:
  • Wipro
  • Q2FY26
neutral

Infosys to announce Q2 FY26 results on October 17; muted revenue growth expected

Infosys to announce Q2 FY26 results on October 17; muted revenue growth expected
Infosys will release its Q2 FY26 results on October 17. Analysts expect revenue growth of 1–1.5% quarter-on-quarter in constant currency terms, reflecting continued weakness in discretionary tech spending. Margins may stay under pressure due to wage revisions and deal ramp-ups. However, the company’s strong large-deal pipeline, led by generative AI and automation contracts, could support second-half recovery. Investors will focus on FY26 guidance and commentary around U.S. and Europe client demand.
Companies:
  • Infosys Ltd.
Tags:
  • Infosys
  • Q2FY26
negative

Income Tax Department probes offshore Binance wallets for unreported crypto gains

Income Tax Department probes offshore Binance wallets for unreported crypto gains
India’s Income Tax Department has intensified its probe into offshore Binance wallets linked to over 400 high-net-worth individuals accused of concealing cryptocurrency profits from FY 2022–23 to FY 2024–25. The investigation focuses on foreign transactions and potential tax evasion through global exchanges. Officials said stricter reporting requirements for virtual digital assets are being drafted, signaling tighter compliance norms as India ramps up regulation of cross-border crypto activities.
Companies:
  • Binance
Tags:
  • Binance
  • crypto tax
positive

RBI to pilot tokenisation of certificates of deposit through CBDC network

RBI to pilot tokenisation of certificates of deposit through CBDC network
The Reserve Bank of India will pilot tokenized certificates of deposit (CDs), digitizing traditional short-term debt instruments on its wholesale central bank digital currency (CBDC-W) platform. Select commercial banks will participate in this pilot, aimed at improving market transparency, settlement efficiency, and traceability. The move represents a step toward integrating tokenized assets into India’s financial ecosystem and reflects the RBI’s commitment to modernizing money market infrastructure through blockchain-based systems.
Companies:
  • Reserve Bank of India
Tags:
  • RBI
  • CBDC
positive

JSW Steel reports record Q2 crude steel production of 7.9 million tonnes

JSW Steel reports record Q2 crude steel production of 7.9 million tonnes
JSW Steel announced its highest-ever quarterly crude steel output at 7.90 million tonnes in Q2 FY26, marking a 17% year-on-year jump and 9% sequential rise. The company credited strong infrastructure demand, improved export orders, and operational efficiency for the record performance. JSW reaffirmed its plan to double domestic capacity by 2030, leveraging technology upgrades and cost optimization measures to sustain momentum in India’s fast-growing steel and infrastructure sectors.
Companies:
  • JSW Steel
Tags:
  • JSW Steel
  • infrastructure
neutral

Avenue Supermarts (DMart) Q2 profit rises 4% YoY, revenue up 15.5%

Avenue Supermarts (DMart) Q2 profit rises 4% YoY, revenue up 15.5%
Avenue Supermarts, operator of DMart retail stores, reported a 4% year-on-year rise in consolidated net profit to ₹685 crore for Q2 FY26, while revenue grew 15.5% to ₹13,557 crore. The company said higher footfall and expanding store network supported sales momentum, although margins remained under pressure due to elevated operating costs and promotional intensity. Analysts noted steady growth in groceries and FMCG segments, with DMart maintaining strong traction in tier-2 and metro markets alike.
Companies:
  • Avenue Supermarts Limited
Tags:
  • Avenue Supermarts
  • DMart
positive

Blockbuster IPO week sees Tata Capital, LG Electronics oversubscribed

Blockbuster IPO week sees Tata Capital, LG Electronics oversubscribed
In a busy IPO week, Tata Capital and LG Electronics witnessed massive oversubscription across categories. Domestic investors poured bids even while broader markets were volatile. Liquidity and appetite for marquee offerings remain high, reinforcing confidence in India’s equity capital markets despite headwinds. The trend suggests that strong institutional and retail demand continues to support flagship issues during valuation-sensitive periods.
Tags:
  • IPO
  • India
positive

HDFC AMC board to consider bonus share issue on October 15

HDFC AMC board to consider bonus share issue on October 15
HDFC Asset Management Company (HDFC AMC) will consider issuing bonus shares at its board meeting scheduled for October 15, 2025. The decision will coincide with the review of its unaudited Q2 and H1 financial results. In Q1 FY26, HDFC AMC posted a net profit of ₹747.92 crore, up ~23.8% YoY, on revenue of ₹1,200.44 crore. If approved, the bonus issue will require shareholder ratification before implementation.
Tags:
  • HDFC AMC
  • bonus issue
neutral

Equity MF inflows moderate in September, SIPs hit all-time high

Equity MF inflows moderate in September, SIPs hit all-time high
In September 2025, inflows into Indian equity mutual funds dropped ~9% MoM to ₹30,422 crore, while SIP contributions climbed to a record ₹29,461 crore, showing steady retail support. The moderation in lumpsum segments came as market sentiment cooled amid macro uncertainties. Despite FPI outflows, domestic systematic flows cushioned the impact and supported benchmark indices. The trend suggests a shift in investor preference toward disciplined accumulation over timing calls.
Tags:
  • mutual funds
  • SIP
neutral

Kotak MF halts lumpsum investments into Silver ETF amid price premium

Kotak MF halts lumpsum investments into Silver ETF amid price premium
Kotak Mutual Fund has temporarily suspended acceptance of new lumpsum and switch-in investments into its Silver ETF / Fund-of-Funds, citing a steep domestic premium on silver prices of around 5.7%. The suspension does **not** affect ongoing SIPs or redemption requests. The move comes amid surging demand in silver ETFs, likely intended to protect new investors from overpaying due to supply constraints. The restriction will be reviewed daily as premiums stabilize.
Companies:
  • Kotak Mahindra AMC
Tags:
  • mutual funds
  • silver
positive

Jio BlackRock Flexi Cap Fund launches using BlackRock’s Aladdin platform

Jio BlackRock Flexi Cap Fund launches using BlackRock’s Aladdin platform
Jio BlackRock has introduced its Flexi Cap Fund with a distinctive edge: it will employ BlackRock’s widely respected risk and analytics engine, Aladdin, for portfolio construction and real-time risk monitoring. The new fund’s NFO (new fund offer) window ran through October 7. By integrating Aladdin’s AI and big data capabilities, the fund aims to deliver more adaptive allocation shifts, deeper insights on sector rotation, and tighter risk controls in volatile markets.
Companies:
  • Jio BlackRock
Tags:
  • mutual funds
  • Aladdin
negative

Market recap: $16B liquidations as risk-off wave slams BTC, ETH

Market recap: $16B liquidations as risk-off wave slams BTC, ETH
In an unusually violent session, over $16 billion of leveraged crypto longs were liquidated as macro risk-off spilled into digital assets. BTC and ETH led declines, while high-beta altcoins posted steeper drawdowns. Analysts cited cascading margin calls, thin order books and headline uncertainty as drivers. With open interest sharply lower, positioning looks cleaner, but volatility and headline sensitivity remain elevated.
Tags:
  • liquidations
  • BTC
negative

Ethena’s USDe briefly loses dollar peg in record liquidation rout

Ethena’s USDe briefly loses dollar peg in record liquidation rout
Ethena’s yield-bearing stablecoin USDe plunged to ~$0.65 against the dollar on Binance amid massive crypto market liquidations, before recovering close to peg levels. The drop occurred as markets reeled during one of the largest liquidation events ($19B+). Analysts flagged stress in synthetic dollar structures and the dangers of leverage in volatile conditions.
Companies:
  • Ethena
Tags:
  • stablecoin
  • USDe
negative

XRP crashes 42% before partial recovery amid market-wide liquidation

XRP crashes 42% before partial recovery amid market-wide liquidation
Ripple’s XRP plunged nearly 42% intraday on October 11, 2025, tumbling from $2.83 to $1.64 before recovering to around $2.36. The drop triggered one of the largest single-day liquidations this year, with over $16 billion in leveraged crypto positions wiped out. Analysts attributed the sharp move to cascading liquidations and elevated derivatives leverage following Bitcoin’s tariff-driven selloff. Broader crypto market capitalization fell by roughly $190 billion during the same session.
Companies:
  • Ripple Labs
Tags:
  • XRP
  • crypto crash
positive

BL Kashyap shares climb ~6.84% on October 10

BL Kashyap shares climb ~6.84% on October 10
BL Kashyap & Sons’ share price jumped approximately 6.84% during trading on October 10, closing at ₹62.20 (up from ~₹58.22). The move was among the strongest in the realty universe for that day, reflecting favorable sentiment in small / mid-cap property names and renewed trading interest in developer stocks.
Companies:
  • BL Kashyap & Sons
Tags:
  • BL Kashyap
  • real estate
neutral

Private equity investment in Indian realty declines 15% in H1 FY26

Private equity investment in Indian realty declines 15% in H1 FY26
Private equity inflows into India’s real estate sector fell ~15% year-on-year in H1 FY26, according to ANAROCK Capital’s FLUX report. Despite the drop in total investment, average deal sizes remained stable, suggesting investors are concentrating capital in fewer but larger or higher-quality projects. The downturn reflects macro caution, though core real estate projects continue attracting selective interest.
Tags:
  • realty
  • private equity
neutral

Canara HSBC Life IPO Day 1 sees ~9% subscription

Canara HSBC Life IPO Day 1 sees ~9% subscription
Canara HSBC Life Insurance’s IPO, opened on October 10 with a price band of ₹100–₹106, saw a modest ~9% subscription on Day 1. The Retail segment drew ~14%, Non-Institutional Investors (NIIs) ~5%, and Qualified Institutional Buyers (QIBs) only ~3%. Anchor investors placed bids on October 9. The IPO is entirely an offer for sale (OFS) of 23.75 crore shares. Listing is expected October 17.
Companies:
  • Canara HSBC Life Insurance
Tags:
  • IPO
  • insurance
neutral

Solana ETF approval delayed as U.S. shutdown stalls SEC reviews

Solana ETF approval delayed as U.S. shutdown stalls SEC reviews
The SEC postponed decisions on several pending crypto ETF filings, including Solana and Avalanche proposals, due to limited staff activity during the U.S. government shutdown. Analysts said the delay may dampen short-term optimism but highlights growing institutional interest in altcoin-linked ETFs. Crypto markets briefly pared losses after the announcement.
Tags:
  • Solana
  • ETF
neutral

Major banks explore stablecoins pegged to G7 currencies

Major banks explore stablecoins pegged to G7 currencies
A consortium of global banks, including Citi, UBS, and Goldman Sachs, is exploring the creation of stablecoins pegged to major G7 currencies. The initiative seeks to standardize cross-border settlements and reduce payment frictions. Regulators are expected to review pilot structures by early 2026. Analysts say the move underscores traditional finance’s deeper foray into blockchain infrastructure.
Companies:
  • Citi
  • UBS
  • Goldman Sachs
Tags:
  • stablecoins
  • banks
positive

Global crypto ETFs log record inflows of $5.9 billion this week

Global crypto ETFs log record inflows of $5.9 billion this week
Digital asset ETFs worldwide recorded $5.9 billion of inflows this week, the largest since 2021, as institutional investors piled into Bitcoin-linked funds. The surge coincided with record trading volumes in U.S. spot Bitcoin ETFs led by BlackRock’s IBIT and Fidelity’s FBTC. Analysts said the data underscores sustained mainstream adoption despite short-term volatility.
Companies:
  • BlackRock
  • Fidelity
Tags:
  • crypto ETFs
  • Bitcoin
positive

SAEL gets $20M investment from Norfund ahead of IPO

SAEL gets $20M investment from Norfund ahead of IPO
Norwegian state fund Norfund has invested $20 million into SAEL Industries via compulsorily convertible preference shares ahead of its IPO. SAEL operates solar projects and module manufacturing in India. With this capital infusion, the company continues to scale its clean energy portfolio across multiple states while prepping for a public listing.
Companies:
  • SAEL Industries
Tags:
  • IPO
  • India
positive

BillionToOne, diagnostics firm, files for U.S. IPO after narrowing losses

BillionToOne, diagnostics firm, files for U.S. IPO after narrowing losses
Molecular diagnostics company BillionToOne filed for a U.S. IPO, showing H1 2025 revenue of $125.5 million (vs. $69 million prior year) and a narrowed net loss of $4.2 million. The firm develops non-invasive prenatal tests and liquid biopsies. Underwriters include J.P. Morgan, Wells Fargo, and William Blair.
Companies:
  • BillionToOne
Tags:
  • IPO
  • healthcare
positive

Alliance Laundry raises $826M in U.S. IPO amid market revival

Alliance Laundry raises $826M in U.S. IPO amid market revival
Commercial laundry equipment maker Alliance Laundry priced its public debut at $22 per share, raising $826.3 million in an upsized IPO. The company, based in Wisconsin, sells heavy-duty washers and dryers to institutional clients. The $4.34 billion valuation underscores investor appetite for industrial names despite challenging macroconditions. The IPO is listed under ticker “ALH”.
Companies:
  • Alliance Laundry
Tags:
  • IPO
  • industrial
neutral

Central Bancompany files for U.S. IPO, shows 6% H1 revenue growth

Central Bancompany files for U.S. IPO, shows 6% H1 revenue growth
Central Bancompany, a Missouri banking holding firm, has filed to go public on the Nasdaq under ticker “CBC.” In its S-1 filing, the company revealed revenue of $493.2 million in H1 2025, up ~6% year-on-year, and net income of $186.2 million. The firm holds $19.1 billion in total assets. Morgan Stanley and Keefe Bruyette & Woods are leading underwriters.
Companies:
  • Central Bancompany
Tags:
  • IPO
  • banking
negative

WeWork India shares fall ~3% on trading debut amid valuation worries

WeWork India shares fall ~3% on trading debut amid valuation worries
WeWork India’s IPO debut saw its stock dip ~3% from the listing price, as concerns about its valuation and corporate governance took precedence. The shares opened just above the issue price of ₹648 but slipped as low as ₹614.25 during the session. The firm is now valued at ~₹84,250 crore (~$950 million) post-listing. Analysts say early volatility reflects investor caution in co-working names and aggressive pricing.
Companies:
  • WeWork India
Tags:
  • IPO
  • India
positive

India benchmarks log best week in 3 months as FIIs turn net buyers

India benchmarks log best week in 3 months as FIIs turn net buyers
India’s stock benchmarks posted their strongest weekly performance in three months, fueled by renewed foreign institutional investor (FII) inflows and positive macro cues. Markets saw broad participation, particularly in IT and health care sectors. Out of the BSE 500 index, 263 stocks ended the week in the green, reflecting broad market strength.
Companies:
  • TCS
Tags:
  • markets
  • FII
neutral

RBI to pilot tokenisation of certificates of deposit, official says

RBI to pilot tokenisation of certificates of deposit, official says
The Reserve Bank of India (RBI) announced it will launch a pilot program for tokenising certificates of deposit (CDs) using the wholesale segment of its central bank digital currency (CBDC). Under the pilot, select banks will issue digital versions of CDs in blockchain-based form, aiming to enhance settlement efficiency, reduce friction, and strengthen regulatory oversight. Future phases may include other money market instruments like commercial papers.
Tags:
  • RBI
  • tokenisation
positive

Prosus to invest ₹1,296 crore in ixigo, picks up 10% stake

Prosus to invest ₹1,296 crore in ixigo, picks up 10% stake
Global tech investor Prosus, via its arm MIH Investments One BV, will invest ₹1,296 crore in Indian online travel firm ixigo, acquiring roughly 10.1% equity. The capital will be infused through a preferential share issue at ₹280 per share, slightly above current trading levels. Prosus sees strategic synergies in travel-tech and domestic marketplace scaling, while strengthening ixigo’s balance sheet and growth runway.
Companies:
  • Prosus
  • ixigo
Tags:
  • investment
  • travel tech
positive

HDFC Bank shares rise after Q2 business update shows 15% YoY deposit growth

HDFC Bank shares rise after Q2 business update shows 15% YoY deposit growth
HDFC Bank shares traded higher after the lender reported a 15% year-on-year increase in average deposits for the September 2025 quarter. According to its Q2 business update, total deposits reached ₹25.2 lakh crore, while advances rose 12% YoY to ₹22.8 lakh crore. The growth was supported by strong traction in retail and corporate lending segments. Analysts said the update reflects steady balance-sheet momentum and improving liability mix ahead of the bank’s quarterly results.
Companies:
  • HDFC Bank Ltd
Tags:
  • HDFC Bank
  • Q2 FY26
positive

TATA ELXSI dips 3.43% amid profit booking

TATA ELXSI dips 3.43% amid profit booking
Tata Elxsi shares fell 3.43% intraday as investors booked profits after the stock’s recent strong rally. The decline came despite a positive long-term business outlook, supported by steady demand in automotive, design, and embedded tech segments. Analysts said the pullback was a short-term correction rather than a trend reversal, with fundamentals remaining solid amid rising global digital engineering and AI-driven design opportunities for the Bengaluru-based technology firm.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Gold Prices in India Hit Record High Ahead of Diwali; Silver Surges 17% in October

Gold Prices in India Hit Record High Ahead of Diwali; Silver Surges 17% in October
Gold prices in India surged to fresh record highs on October 11, 2025, with 24K gold up ₹550 to ₹1,24,260 per 10g, and 22K gold rising ₹500 to ₹1,13,900 amid festive demand and global uncertainty. Silver prices also jumped ₹3,000 to ₹1,77,000 per kg, extending their strong rally. Over 11 days in October, gold has gained 4.2%, while silver soared 17.2%, fueled by safe-haven buying, the upcoming Diwali season, and escalating U.S.-China tensions.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

VVDN Technologies plans IPO after $1 billion revenue milestone

VVDN Technologies plans IPO after $1 billion revenue milestone
VVDN Technologies, a leading Indian technology products and engineering services company, is preparing for an initial public offering (IPO) after surpassing $1 billion in annualized revenue. The firm plans to use the proceeds to expand globally, strengthen its R&D capabilities, and enhance manufacturing infrastructure. Analysts said VVDN’s IPO could mark a milestone for India’s electronics design and manufacturing sector, reflecting the country’s growing role in high-tech innovation and export-oriented engineering solutions.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

RBI keeps repo rate unchanged at 5.5%, signals steady policy

RBI keeps repo rate unchanged at 5.5%, signals steady policy
The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.5% in its October 2025 policy meeting, highlighting controlled inflation and stable GDP growth. Governor Shaktikanta Das said the central bank will continue focusing on reviving domestic economic activity while maintaining price stability amid external uncertainties. The RBI also reiterated its commitment to a neutral policy stance, balancing growth support with vigilance on global financial volatility and evolving geopolitical risks.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

IT stocks rally following strong quarterly results

IT stocks rally following strong quarterly results
Indian IT stocks rallied after upbeat Q2 earnings from major players such as TCS and Infosys, lifting sector indices and market sentiment. The gains were driven by strong client demand, resilient digital transformation spending, and expanding deal pipelines across key geographies. Analysts said the results signal improving revenue visibility and margin stability for top IT exporters, positioning the sector for sustained growth amid rising global tech adoption and enterprise cloud investments.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

NTPC signs MoU with Gujarat government for energy exploration

NTPC signs MoU with Gujarat government for energy exploration
NTPC and the Gujarat government signed a memorandum of understanding (MoU) to collaborate on expanding both conventional and renewable energy projects across the state. The partnership focuses on developing large-scale solar, wind, and green hydrogen initiatives while strengthening conventional power infrastructure. Officials said the alliance will help accelerate India’s clean energy transition, support Gujarat’s growing industrial power needs, and attract significant investment toward achieving the country’s long-term net-zero and sustainability goals.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Indian stock market ends week with strong buying momentum

Indian stock market ends week with strong buying momentum
The Indian stock market closed the week higher, buoyed by strong gains in banking, IT, and pharma sectors. The Sensex climbed 329 points to 82,501 on October 10, driven by advances in State Bank of India, Axis Bank, and NTPC. Renewed foreign investor inflows and upbeat sentiment ahead of the earnings season supported the rally. Analysts said stable macro conditions and improving corporate results are reinforcing optimism across India’s equity markets.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Nifty hits 25,309, breaking crucial resistance zone

Nifty hits 25,309, breaking crucial resistance zone
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.
Companies:
  • Bank First Corporation
Tags:
  • Nifty 50
  • Indian Equity
positive

Bitcoin slips over 8% to $111,542 amid tariff-driven selloff

Bitcoin slips over 8% to $111,542 amid tariff-driven selloff
Bitcoin tumbled over 8% to $111,542 by midday on October 11, 2025, dragging its market capitalization down to about $2.22 trillion. The sharp decline followed the U.S. imposition of 100% tariffs on Chinese imports, which intensified global risk aversion and triggered selloffs across cryptocurrencies. Analysts said Bitcoin’s slump highlights its growing sensitivity to macroeconomic and geopolitical shocks as investors flee volatile assets.
Companies:
  • Bank First Corporation
Tags:
  • Bitcoin
  • Cryptocurrency
positive

Crypto market sees record $19 billion liquidation after Trump tariff

Crypto market sees record $19 billion liquidation after Trump tariff
Cryptocurrency markets collapsed after President Trump announced a 100% tariff on Chinese tech imports, sparking the largest liquidation in crypto history. Over $19 billion was wiped out across major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin. Bitcoin briefly plunged below $102,000 before rebounding as panic selling subsided. Analysts said the sharp decline reflected heightened macro uncertainty and risk aversion, with traders cutting leverage exposure amid fears of escalating U.S.-China trade tensions.
Companies:
  • Bank First Corporation
Tags:
  • Cryptocurrency
  • Bitcoin
positive

Smart investors eye midcap stocks breakout ahead of Diwali

Smart investors eye midcap stocks breakout ahead of Diwali
Midcap stocks gained strong traction in recent weeks, buoyed by improving liquidity and renewed investor interest ahead of the Diwali festival season. Analysts said the rotation from large caps to midcaps could trigger a near-term breakout, supported by steady earnings and robust domestic inflows. Sectors such as consumer discretionary, industrials, and financials are emerging as key beneficiaries, with improving demand visibility and capex-led growth underpinning optimism across India’s broader equity market.
Companies:
  • Bank First Corporation
Tags:
  • Midcap
  • Equity Market
positive

Gold prices move sideways amid US bond yield fluctuations

Gold prices move sideways amid US bond yield fluctuations
Gold prices remained steady near $4,000 per ounce on October 11, supported by falling U.S. bond yields and heightened geopolitical tensions that kept investors cautious. The metal’s stability reflected persistent safe-haven demand as traders weighed global risk factors and monetary policy uncertainty. Analysts said gold is likely to remain well-supported in the near term, with geopolitical developments and inflation expectations continuing to drive sentiment.
Companies:
  • Bank First Corporation
Tags:
  • Gold
  • Safe-Haven
positive

BNY Mellon India launches new exchange-traded fund (ETF)

BNY Mellon India launches new exchange-traded fund (ETF)
BNY Mellon India launched a sector-focused exchange-traded fund (ETF) centered on clean energy and sustainability, providing investors exposure to companies driving India’s green transition. The ETF tracks firms involved in renewable power, electric mobility, energy storage, and sustainable infrastructure, aligning with the nation’s net-zero 2070 goals. BNY Mellon said the product aims to capture long-term growth in ESG-aligned investments as global capital increasingly shifts toward environmentally responsible and high-impact sectors within emerging markets.
Companies:
  • Bank First Corporation
Tags:
  • Clean Energy
  • ETF
neutral

Trump administration plans further H-1B visa restrictions

Trump administration plans further H-1B visa restrictions
The Trump administration unveiled plans to tighten the H-1B visa program, introducing a $100,000 mandatory application fee and stricter eligibility criteria to curb employer access. The move, framed as protecting U.S. jobs, has sparked intense debate across the technology and outsourcing sectors, where H-1B visas play a vital role in addressing skill shortages. Industry leaders warned the policy could disrupt innovation pipelines and talent mobility, further straining U.S.-India tech relations amid ongoing trade and immigration tensions.
Companies:
  • Bank First Corporation
Tags:
  • H-1B
  • Trump Administration
neutral

ISB and Emeritus launch programme on venture capital and PE

ISB and Emeritus launch programme on venture capital and PE
The Indian School of Business (ISB), in collaboration with global education platform Emeritus, has launched a new Venture Capital and Private Equity certification programme aimed at upskilling finance and startup ecosystem professionals. The course focuses on fundraising, valuation, deal structuring, and portfolio management, addressing rising demand for investment expertise amid India’s booming startup and private equity landscape. ISB said the program blends academic rigor with practical insights from industry experts to prepare participants for real-world investment decision-making.
Tags:
  • ISB
  • Emeritus
positive

Foreign investors infuse ₹1,751 crore into Indian markets this week

Foreign investors infuse ₹1,751 crore into Indian markets this week
Foreign portfolio investors (FPIs) injected ₹1,751 crore into Indian equities this week, according to NSDL data, signaling renewed optimism after recent outflows. Analysts attributed the turnaround to strong Q2 earnings, stable macroeconomic conditions, and easing global volatility. Inflows were concentrated in banking, capital goods, and auto sectors, reflecting confidence in India's growth trajectory. Experts said persistent FPI interest could support the rupee and lift equity valuations ahead of the festive season.
Tags:
  • FPI
  • foreign investment
neutral

SBI announces one-hour downtime for digital banking services

SBI announces one-hour downtime for digital banking services
State Bank of India (SBI) carried out scheduled maintenance on October 11, 2025, from 1:10 AM to 2:10 AM IST, temporarily impacting digital services including UPI, NEFT, IMPS, YONO, and Internet banking. The bank clarified that ATM services and UPI Lite remained fully operational during the maintenance window. According to SBI, the upgrade was part of routine efforts to enhance digital infrastructure, improve transaction capacity, and ensure seamless service reliability nationwide.
Companies:
  • State Bank of India
Tags:
  • SBI
  • digital banking
neutral

US announces 100% tariffs on Chinese imports effective November 1

US announces 100% tariffs on Chinese imports effective November 1
U.S. President Donald Trump has escalated trade tensions by imposing a 100% tariff on all Chinese imports effective November 1, 2025. The sweeping measure targets critical sectors such as electronics, software, and rare-earth materials, which are vital to defense, semiconductor manufacturing, and clean energy supply chains. Analysts warn the move could invite retaliation from Beijing, disrupt global trade flows, and heighten geopolitical and economic instability ahead of key policy discussions.
Tags:
  • tariffs
  • US-China trade
positive

Auto and realty sectors see renewed buying interest

Auto and realty sectors see renewed buying interest
Auto and realty stocks gained 1–3% on October 10, buoyed by strong vehicle registration data and expectations of robust Q2 earnings. Maruti Suzuki, Bajaj Auto, Godrej Properties, and DLF led the rally, signaling investor confidence in consumption and housing demand. Analysts cited festive season momentum, improved urban sentiment, and easing financing conditions as key drivers. Sustained institutional interest continues to support optimism across cyclical sectors.
Companies:
  • Maruti Suzuki
  • Bajaj Auto
  • Godrej Properties
  • DLF
Tags:
  • auto sector
  • real estate
positive

Udaipur launches AI-powered traffic management system

Udaipur launches AI-powered traffic management system
Udaipur has introduced an AI-driven traffic signal system at the Fatehpura intersection to reduce congestion and improve traffic flow. The pilot uses real-time vehicle data and adaptive AI algorithms to dynamically adjust signal timings based on density. Early results indicate shorter wait times and smoother coordination during peak hours. Authorities plan to scale the system to other major intersections if the trial continues to show positive outcomes, supporting smart city mobility upgrades in Rajasthan.
Tags:
  • Udaipur
  • AI
positive

India’s tech sector could add 4 million jobs in 5 years via AI

India’s tech sector could add 4 million jobs in 5 years via AI
A NITI Aayog report projected that AI-driven growth in India’s technology sector could create 4 million new jobs by 2030, helping offset potential employment losses from automation. The report emphasized the need for upskilling and reskilling initiatives to prepare the workforce for AI integration across industries. It identified emerging opportunities in data science, AI ethics, robotics, and cybersecurity, urging collaboration between government, academia, and industry to ensure inclusive, sustainable job transformation in the AI era.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

OpenAI cuts GPT-5 political bias by 30%, claims improved neutrality

OpenAI cuts GPT-5 political bias by 30%, claims improved neutrality
OpenAI announced that GPT-5 demonstrates a 30% reduction in measurable political bias compared to earlier versions, based on testing across 500 prompts by its Model Behavior team. The evaluation focused on neutrality in responses to politically sensitive and controversial topics. OpenAI said the progress reflects advancements in model alignment and dataset curation, with political bias now appearing rarely and with low severity, marking a key milestone in developing fairer, more balanced AI systems.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

India launches $3 monthly mutual fund plan to boost inclusion

India launches $3 monthly mutual fund plan to boost inclusion
India announced low-cost mutual fund plans starting at ₹250 ($3) per month, designed to make stock market investing accessible to low-income households and first-time investors. The initiative, part of a broader financial inclusion push, seeks to expand retail participation and promote long-term savings through regulated, transparent channels. Officials said the move could bring millions of new investors into India’s capital markets, supporting inclusive wealth creation and deepening domestic financial literacy.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

The Monolith Acquisition: CoreWeave's Next Big Step in AI Cloud Platform Development

The Monolith Acquisition: CoreWeave's Next Big Step in AI Cloud Platform Development
CoreWeave announced it will acquire Monolith AI, a UK-based industrial AI company specializing in simulation and engineering intelligence. The acquisition enhances CoreWeave’s cloud and enterprise AI capabilities, particularly in high-performance computing for industrial design, automotive, aerospace, and advanced materials. Analysts noted that integrating Monolith AI aligns with CoreWeave’s strategy to provide domain-specific AI solutions, enabling faster, data-driven innovation for engineering clients and strengthening its position in industrial AI, simulation, and advanced computational services.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Sensex climbs 329 points, pharma and finance lead gains

Sensex climbs 329 points, pharma and finance lead gains
On October 10, 2025, the Sensex rose 329 points to close at 82,501, driven by strong gains in pharmaceutical and financial stocks. Pharma rallied after the U.S. Senate passed the Biosecure Act, expected to benefit Indian drug makers. Financials surged following the government’s approval of a private sector MD at SBI, boosting investor confidence in PSU bank reforms. Analysts noted that these regulatory and governance developments, combined with positive foreign inflows, strengthened overall market sentiment and optimism.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Banking stocks lead Sensex gains amid stable policy outlook

Banking stocks lead Sensex gains amid stable policy outlook
On October 10, 2025, banking heavyweights SBI and HDFC Bank drove Sensex higher by 329 points, supported by the RBI’s decision to maintain the repo rate at 5.5% with a neutral policy stance. The stable policy backdrop reinforced investor confidence, especially in financial stocks. Analysts noted that steady rates support credit growth, asset quality, and economic stability, reflecting a balanced approach to sustaining expansion without triggering inflationary pressures, boosting optimism in both domestic and foreign markets.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

BSE to hold multi-segment mock trading test on Oct 11

BSE to hold multi-segment mock trading test on Oct 11
The BSE and NSE will conduct a multi-segment mock trading session on October 11, 2025, covering equities, derivatives, currencies, and commodities. Participants including brokerages, market makers, and algo traders will simulate live trading conditions, testing call auctions, halts, block deals, and risk controls. The exercise carries no settlement obligations and is designed to enhance operational efficiency, system resilience, and cybersecurity readiness, ensuring market participants are prepared for major trading and regulatory events.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

OpenAI’s $1 trillion compute deals reflect unprecedented scale

OpenAI’s $1 trillion compute deals reflect unprecedented scale
In 2025, OpenAI secured nearly $1 trillion in compute infrastructure commitments, providing over 20 gigawatts of capacity, equivalent to 20 nuclear reactors. The massive scale highlights OpenAI’s strategy to maintain leadership in AI model training and deployment. Despite substantial capital expenditure and ongoing annual losses, executives see these investments as critical for advancing frontier AI research, supporting next-generation large language models, and sustaining computational demands for artificial general intelligence development, positioning the company at the forefront of global AI innovation.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Diwali Muhurat Trading scheduled for Oct 21 in afternoon

Diwali Muhurat Trading scheduled for Oct 21 in afternoon
The NSE and BSE will hold Diwali Muhurat Trading on October 21, 2025, from 1:45 pm to 2:45 pm, moving from the traditional evening slot. This one-hour session marks the start of Samvat 2082 and is considered highly auspicious, drawing strong investor participation. Historically, Muhurat Trading sessions close positively, reflecting festive optimism. The event blends India’s cultural heritage with modern financial markets, symbolizing investor enthusiasm and the unique tradition of starting the new year with a symbolic market opening.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Experts warn AI circular deals resemble dot-com bubble

Experts warn AI circular deals resemble dot-com bubble
Circular financing deals linking OpenAI, Nvidia, AMD, and Oracle are raising concerns of inflated valuations reminiscent of the 2000 dot-com bubble. Investments often recycle into hardware and cloud contracts, artificially boosting financial appearances. While executives defend the arrangements as necessary to meet surging compute demand, analysts warn that the opaque capital flows could misrepresent true profitability and sustainability in the AI sector, potentially creating risk for investors and long-term market stability.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Govini defense tech startup hits $100 Mn ARR

Govini defense tech startup hits $100 Mn ARR
U.S. defense tech startup Govini, a competitor to Palantir, surpassed $100 million in annual recurring revenue and secured a $150 million investment from Bain Capital to fuel growth. Govini’s AI-driven analytics platform aids the Department of Defense in procurement intelligence and data-driven decision-making. The funding will support product innovation, hiring, and deeper integration across federal agencies. Analysts say the milestone underscores Govini’s expanding role in modernizing national security and advancing defense technology solutions.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

CoreWeave’s role in Nvidia-OpenAI cloud ecosystem

CoreWeave’s role in Nvidia-OpenAI cloud ecosystem
Nvidia owns a 7% stake in CoreWeave, a cloud provider specializing in Nvidia GPU rentals. CoreWeave invested $350 million in OpenAI ahead of its IPO, with contracts now valued at $22.4 billion. Nvidia committed $6.3 billion to CoreWeave cloud services, creating a mutually reinforcing AI ecosystem. This tightly links Nvidia, CoreWeave, and OpenAI, establishing a high-demand compute supply chain that underpins global AI infrastructure growth and positions all three players at the center of the booming AI market.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Foodtech Hunger Inc raises INR 215 Cr funding

Foodtech Hunger Inc raises INR 215 Cr funding
Indian foodtech startup Hunger Inc secured ₹215 crore in a funding round led by Lighthouse Funds and DSG Consumer Partners. The capital will help scale its meal subscription services, enhance delivery technology, and expand into tier-1 and tier-2 cities. The company aims to improve logistics, personalization algorithms, and kitchen automation. Analysts said the funding reflects growing consumer adoption of affordable, healthy meal plans in India’s booming food delivery sector, projected to exceed $20 billion by 2027.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Nvidia’s $100B investment creates AI funding loop

Nvidia’s $100B investment creates AI funding loop
Nvidia announced plans to invest up to $100 billion in OpenAI, primarily for purchasing its advanced AI chips to power new data centers. This creates a circular funding loop, where Nvidia’s investment drives demand for its own hardware, reinforcing its position in the AI infrastructure market. Analysts say the move strengthens Nvidia’s dual role as supplier and strategic investor in the trillion-dollar AI ecosystem, enabling next-generation computing innovation and cementing influence over both AI development and commercial deployment.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Midwest IPO to open Oct 15 at ₹1,014–₹1,065 band

Midwest IPO to open Oct 15 at ₹1,014–₹1,065 band
Industrial manufacturer Midwest Ltd has set its IPO price band at ₹1,014 to ₹1,065 per share, targeting a total raise of ₹451 crore. Anchor investor allocations are scheduled for October 14, with the IPO open from October 15 to 17. Funds raised will support expansion of quartz and solar glass manufacturing facilities to meet growing industrial demand. Analysts note that the IPO’s moderate valuation, coupled with strong sector tailwinds, could attract both institutional and retail investors.
Companies:
  • Midwest Ltd
Tags:
  • Midwest Ltd
  • IPO
positive

Canara HSBC Life gathers ₹750 cr from 33 anchors before IPO

Canara HSBC Life gathers ₹750 cr from 33 anchors before IPO
Canara HSBC Life Insurance Company successfully raised approximately ₹750 crore from 33 anchor investors ahead of its public listing. Domestic mutual funds accounted for around 60% of the allocation, while foreign institutions completed the remainder. The IPO is scheduled to open next week and could raise a total of about ₹2,300 crore. Analysts say strong institutional and retail demand reflects confidence in the life-insurance sector’s growth potential and favorable investor sentiment in India’s financial markets.
Companies:
  • Canara HSBC Life Insurance
Tags:
  • Canara HSBC Life
  • IPO
positive

Navan targets $6.4 B valuation in U.S. IPO

Navan targets $6.4 B valuation in U.S. IPO
Business-travel and expense platform Navan has filed for a U.S. listing aiming to raise up to $960 million. The company set its price band between $24 and $26 a share, seeking a valuation near $6.4 billion. The proceeds will fund expansion of AI-based travel management tools and debt repayment. If completed, Navan’s IPO would be one of the largest tech offerings of 2025.
Companies:
  • Navan
Tags:
  • Navan
  • IPO
neutral

IPO calendar note: Yotta Acquisition sets Oct 22 special meeting

IPO calendar note: Yotta Acquisition sets Oct 22 special meeting
Yotta Acquisition Corp. scheduled a special shareholder meeting for Oct 22, per its DEF 14A filing. SPAC timelines and extensions often hinge on such meetings, which can affect deal progress or redemptions. Investors tracking de-SPAC pipelines should monitor related filings for any updates on business combinations or deadline changes.
Companies:
  • Yotta Acquisition Corp.
Tags:
  • SPAC
  • DEF14A
neutral

U.S. September CPI pushed to Oct 24 amid schedule change

U.S. September CPI pushed to Oct 24 amid schedule change
The U.S. Bureau of Labor Statistics rescheduled the September 2025 CPI release to Friday, Oct 24 at 8:30 a.m. ET. The agency said the change enables the Social Security Administration to meet statutory timelines while regular services resume. Other releases remain as planned. Markets will parse shelter and services momentum to gauge the path of policy rates into year-end.
Tags:
  • CPI
  • BLS
positive

India’s Crypto Regulation Tightens as FIU Blocks 25 Offshore Exchanges

India’s Crypto Regulation Tightens as FIU Blocks 25 Offshore Exchanges
India’s Financial Intelligence Unit (FIU) has blocked access to 25 offshore crypto exchanges, including BitMEX, Poloniex, and Paxful, for failing to register under the Prevention of Money Laundering Act (PMLA). Only five platforms—among them Binance and Coinbase—remain operational after securing compliance approvals. The move signals a decisive step in India’s effort to formalize crypto regulation, strengthen anti-money-laundering oversight, and ensure investor protection amid growing digital asset adoption.
Companies:
  • Bank First Corporation
Tags:
  • Bank First Corporation
  • growth stocks
positive

Solana's Blockchain Scalability Grows Despite Market Challenges

Solana's Blockchain Scalability Grows Despite Market Challenges
Solana maintained strong momentum, reinforcing its reputation for high scalability and transaction efficiency within the blockchain ecosystem. Emerging startups such as Ozak AI are integrating artificial intelligence into blockchain applications, including predictive analytics and smart contract automation. Analysts said this convergence of AI and decentralized technologies could unlock new market opportunities, driving innovation and long-term value creation across the crypto landscape, as institutional and developer interest continues to accelerate.
Tags:
  • Solana
  • blockchain
positive

October Preview: India’s Inflation Dip Fuels Rate Cut Hopes

October Preview: India’s Inflation Dip Fuels Rate Cut Hopes
India’s consumer inflation rate likely fell to 1.7% in September 2025, below the RBI’s 2-6% target range and down from 2.07% in August, as food prices continued to slide. Vegetables saw double-digit declines since April, easing overall CPI pressures. Reuters economists expect food inflation to stay muted through September, extending a seven-month stretch below the RBI’s 4% medium-term goal. Meanwhile, core inflation edged up slightly to 4.15%, reflecting stable underlying demand. Official inflation data will be released on October 13, 2025.
Tags:
  • India inflation
  • RBI
positive

BSE Sensex and NSE Nifty Open Steady with Moderate Gains

BSE Sensex and NSE Nifty Open Steady with Moderate Gains
At the October 11, 2025, market open, the BSE Sensex traded near 82,500, up 0.4%, while the NSE Nifty50 gained 0.41% to around 25,285, supported by strength in banking, realty, consumer durables, and energy sectors. Early leaders included State Bank of India (+2.3%), NTPC (+1.5%), Power Grid (+1.45%), and Axis Bank (+1.3%), reflecting sustained institutional buying. Analysts said easing oil prices and positive global cues continued to bolster domestic sentiment across cyclical and defensive sectors.
Companies:
  • State Bank of India
  • NTPC
  • Power Grid
  • Axis Bank
Tags:
  • Indian equities
  • BSE Sensex
neutral

Investor Sentiment Low Amid Ongoing US Government Shutdown

Investor Sentiment Low Amid Ongoing US Government Shutdown
The U.S. partial government shutdown entered its tenth day, delaying major economic data releases and adding uncertainty to market forecasts. Private surveys indicated consumer sentiment remains subdued, weighed down by persistent inflation concerns and job security anxieties. Investors stayed cautious ahead of the upcoming earnings season, where analysts expect tariff-related headwinds to pressure corporate revenues. The prolonged shutdown is also raising worries about fiscal strain and potential disruptions to policy reporting and business confidence.
Companies:
  • Bank First Corporation
Tags:
  • US government shutdown
  • investor sentiment
neutral

Bitcoin Volatility Surges Amid Market Sell-Off

Bitcoin Volatility Surges Amid Market Sell-Off
Bitcoin plunged to $105,000 in a sudden flash crash, triggering liquidations worth $3.3 billion across leveraged futures positions, before rebounding above $114,000 amid renewed dip-buying. The extreme volatility mirrored broader risk-off sentiment spilling over from global equity markets. Analysts said large-scale liquidations and algorithmic trading likely amplified the move, while resilient spot demand and institutional inflows helped stabilize prices, highlighting Bitcoin’s role as both a speculative and macro-sensitive asset.
Tags:
  • Bitcoin
  • cryptocurrency
negative

Dow Jones Top Losers

Dow Jones Top Losers
Blue-chip stocks in the Dow Jones Industrial Average fell broadly as trade tensions escalated between the U.S. and China. Microsoft edged lower, weighed by broader tech weakness, while Boeing, Goldman Sachs, IBM, and Apple dropped between 1.26% and 2%, reflecting mounting concerns over global trade disruptions and slowing economic growth. Analysts said the pullback highlights investor caution toward multinational giants with heavy international exposure amid ongoing geopolitical uncertainty.
Companies:
  • Microsoft
  • Boeing
  • Goldman Sachs
  • IBM
  • Apple
Tags:
  • Dow Jones
  • blue-chip stocks
negative

Nasdaq Top Losers

Nasdaq Top Losers
The Nasdaq Composite suffered a sharp 3.6% decline, its steepest in months, as heightened U.S.-China tariff tensions hit tech stocks hard. AMD, Micron, and Synopsys mirrored their S&P 500 losses, while NetApp and Lam Research plunged over 4%, reflecting investor anxiety over weakening demand and potential supply chain disruptions. Analysts said the selloff underscores the tech sector’s vulnerability to trade policy shocks, with semiconductors and hardware firms bearing the brunt of escalating geopolitical uncertainty.
Companies:
  • AMD
  • Micron
  • Synopsys
  • NetApp
  • Lam Research
Tags:
  • Nasdaq
  • tech stocks
negative

S&P 500 Top Losers

S&P 500 Top Losers
The semiconductor sector plunged sharply as escalating U.S.-China trade tensions reignited fears of supply chain disruptions and new tariff measures. AMD, Micron, and Synopsys each dropped about 6%, leading the sector’s decline, while Zebra Technologies and Qualcomm also fell amid concerns over China’s export restrictions and antitrust probes. The broader S&P 500 slid 2.7%, its steepest drop since April, as investors rotated out of tech and cyclical stocks amid mounting geopolitical and macroeconomic uncertainty.
Companies:
  • AMD
  • Micron
  • Synopsys
  • Zebra Technologies
  • Qualcomm
Tags:
  • S&P 500
  • semiconductors
negative

US-China Trade Tensions Remain at Center Stage

US-China Trade Tensions Remain at Center Stage
Global markets tumbled after the cancellation of the planned summit between Presidents Trump and Xi, heightening trade tensions and uncertainty. The situation worsened as China imposed new export controls on rare earth minerals and launched antitrust probes into major U.S. chipmakers, including Qualcomm. The developments deepened fears of a prolonged U.S.-China economic standoff, triggering sharp declines in semiconductor and manufacturing stocks worldwide as investors rushed toward safe-haven assets amid rising geopolitical and supply-chain risks.
Companies:
  • Qualcomm
  • Intel
  • AMD
Tags:
  • US-China trade
  • semiconductors
positive

Salesforce Launches Agentforce IT Service with Native AI Agents

Salesforce Launches Agentforce IT Service with Native AI Agents
Salesforce launched Agentforce IT Service, a new AI-driven platform that automates IT service management workflows through native intelligent agents. Integrated with the Einstein 1 platform, Agentforce enables faster issue resolution, predictive maintenance, and real-time ticket triaging across enterprise systems. The solution aims to enhance operational efficiency, reduce downtime, and unify employee support under a single AI interface. Analysts said it strengthens Salesforce’s foothold in AI-powered enterprise automation and IT service transformation.
Companies:
  • Salesforce
Tags:
  • Salesforce
  • Agentforce
positive

Zendesk Introduces Fully Autonomous Voice AI Agents and No/Low-Code AI Tools

Zendesk Introduces Fully Autonomous Voice AI Agents and No/Low-Code AI Tools
Zendesk unveiled AI-powered voice agents capable of handling autonomous customer interactions, marking a major leap in conversational service automation. Alongside, the company introduced low-code AI development tools that allow enterprises to build and deploy intelligent assistants rapidly within existing support workflows. The innovations aim to boost efficiency, reduce response times, and personalize customer experiences at scale. Analysts said Zendesk’s expanded AI suite strengthens its competitive edge in the fast-growing global customer service automation market.
Companies:
  • Zendesk
Tags:
  • Zendesk
  • voice AI
positive

TCS Announces $6 Billion Investment in AI Data Center Infrastructure in India

TCS Announces $6 Billion Investment in AI Data Center Infrastructure in India
Tata Consultancy Services (TCS) announced a $6 billion investment to develop advanced AI data centers designed to power large-scale AI workloads and accelerate digital transformation across industries. The initiative aligns with India’s vision to become a global hub for AI infrastructure and innovation. TCS said the facilities will feature energy-efficient designs and high-performance computing clusters, enabling enterprise-grade AI deployment. Analysts view the move as a strategic bet to strengthen India’s role in the capital-intensive global AI ecosystem.
Companies:
  • Tata Consultancy Services (TCS)
Tags:
  • TCS
  • AI data centers
neutral

Oil Prices Fall as Gaza Ceasefire Eases Supply Concerns; Gold Holds Near Record

Oil Prices Fall as Gaza Ceasefire Eases Supply Concerns; Gold Holds Near Record
Oil prices fell more than 3% as easing geopolitical tensions following the Gaza ceasefire reduced supply risk premiums. Brent crude slipped to around $84 per barrel, while WTI traded near $80, reflecting profit-taking after recent spikes. Meanwhile, gold hovered just below its record high above $4,000 an ounce, holding firm as investors sought safety amid renewed trade uncertainty and global growth concerns. Analysts said the divergence signals a near-term rotation from energy to defensive assets.
Tags:
  • oil prices
  • Brent crude
positive

India to Launch First Sovereign AI LLM by Year-End

India to Launch First Sovereign AI LLM by Year-End
India’s Ministry of Electronics & IT announced plans to launch the country’s first sovereign large language model (LLM) by year-end, built on affordable domestic GPU infrastructure through a public-private partnership. The initiative aims to enhance AI self-reliance and support local language innovation across governance, education, and startups. Officials said the model will prioritize data security and ethical AI standards, marking a major step in India’s digital transformation and strategic push for indigenous AI capability.
Tags:
  • India AI
  • sovereign LLM
positive

Southeast Asia Markets Rise, Defying Global Pressure

Southeast Asia Markets Rise, Defying Global Pressure
Regional Asian markets showed selective strength, with Bangladesh’s DSEX and Mongolia’s MSETOP indices edging up 0.34%, defying the global equity selloff. Analysts attributed the resilience to strong local liquidity and domestic investor participation, offsetting external pressures from U.S.-China trade tensions. The modest gains highlight how frontier and smaller Asian markets remain driven by country-specific fundamentals, including earnings momentum and policy stability, rather than global risk sentiment dominating broader regional benchmarks.
Tags:
  • Asian markets
  • frontier economies
positive

Google Debuts Gemini Enterprise: AI Platform for Business Clients

Google Debuts Gemini Enterprise: AI Platform for Business Clients
Google officially launched Gemini Enterprise, a comprehensive suite of generative AI tools tailored for large enterprises. The platform focuses on data privacy, compliance, and customizable AI assistants to enhance productivity across corporate workflows. Gemini Enterprise integrates seamlessly with Google Workspace and supports advanced conversational capabilities, enabling businesses to build secure, domain-specific AI solutions. Analysts said the launch positions Google to compete more directly with Microsoft’s Copilot and OpenAI’s enterprise offerings in the fast-growing AI productivity space.
Companies:
  • Google
  • Microsoft
  • OpenAI
Tags:
  • Google
  • Gemini Enterprise
neutral

Flight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff

Flight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff
Gold prices surged past $4,000 an ounce, up 0.54%, while silver jumped 2.46% as investors fled to safe-haven assets amid a deepening U.S. stock selloff. Defensive food and beverage stocks in the S&P 500 rose modestly, reflecting a shift toward risk-off positioning. Analysts said the sharp move highlights investor anxiety over escalating U.S.-China tensions and the prolonged government shutdown, prompting broader rotation from growth sectors into traditional hedges and recession-resilient equities.
Companies:
  • Newmont Corporation
  • Barrick Gold
  • PepsiCo
  • Coca-Cola
Tags:
  • gold
  • safe-haven assets
positive

IMF Chief Warns of Sustained Economic Uncertainty Globally

IMF Chief Warns of Sustained Economic Uncertainty Globally
IMF Managing Director Kristalina Georgieva said 'uncertainty is the new normal' as the global economy faces trade barriers, geopolitical tensions, and rapid technological shifts. Despite these headwinds, she noted that global growth remains resilient at around 3%, driven by strong labor markets and steady consumption. Georgieva urged policymakers to balance fiscal prudence with innovation-friendly reforms to sustain momentum, warning that uneven recoveries and inflation risks could widen global economic disparities if not addressed.
Companies:
  • Bank First Corporation
Tags:
  • global economy
  • IMF
negative

Rare Earth Export Controls by China Intensify Global Tech Sector Jitters

Rare Earth Export Controls by China Intensify Global Tech Sector Jitters
The U.S. tech sector tumbled after Beijing announced new export controls on rare earth minerals, intensifying supply concerns for semiconductor and hardware manufacturers. President Trump accused China of exploiting its dominance in critical materials, escalating trade tensions further. The move deepened Friday’s U.S. stock losses, with chipmakers leading declines amid fears of disrupted production chains. Analysts said the restrictions underscore China’s leverage in the global tech supply ecosystem, amplifying uncertainty across already fragile markets.
Companies:
  • Nvidia
  • AMD
  • Intel
  • Qualcomm
Tags:
  • rare earths
  • semiconductors
neutral

Staples Hold Up, Food & Beverage Gains as Investors Flee Risk

Staples Hold Up, Food & Beverage Gains as Investors Flee Risk
As equities slumped, investors rotated into defensive sectors, lifting consumer staples like McDonald’s (+1.09%) and Coca-Cola (+1.04%), while growth names such as Amazon and Nvidia fell nearly 5%. The divergence underscored a clear risk-off mood, with traders favoring food, beverage, and essential goods amid geopolitical uncertainty and rising volatility. Analysts said the rotation reflects short-term caution as investors seek stability in predictable cash-flow sectors while trimming exposure to high-beta tech stocks.
Companies:
  • McDonald's
  • Coca-Cola
  • Amazon
  • Nvidia
Tags:
  • consumer staples
  • defensive rotation
negative

Asian Tech Shares Slide as US-China Tensions Reverberate

Asian Tech Shares Slide as US-China Tensions Reverberate
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.
Companies:
  • SoftBank Group
  • Mitsubishi UFJ Financial
  • Samsung Electronics
  • SK Hynix
Tags:
  • Asian equities
  • tech stocks
neutral

Asia Pre-Market Mixed: Japan Stocks Dip, Philippines and Sri Lanka Gain

Asia Pre-Market Mixed: Japan Stocks Dip, Philippines and Sri Lanka Gain
Asian markets opened mixed as investors digested Wall Street’s sharp overnight losses. Japan’s Nikkei slipped 0.4%, led by declines in tech and export stocks, while Manila’s PSEi gained 0.59% and Sri Lanka’s CSE index rose 0.49%, reflecting localized strength amid global volatility. Analysts said regional sentiment remains cautious due to renewed U.S.-China tensions, though select Southeast Asian markets showed resilience supported by stable domestic demand and improving foreign inflows.
Companies:
  • Toyota
  • Sony
  • Ayala Corporation
  • John Keells Holdings
Tags:
  • Asian markets
  • Nikkei
negative

Tech, Semiconductor Stocks Slammed as China Tightens Controls

Tech, Semiconductor Stocks Slammed as China Tightens Controls
Technology stocks led the U.S. market selloff, with AMD down 7.8%, Nvidia falling 5%, and Qualcomm sliding 7.3% after reports of a Chinese antitrust probe and fresh export restrictions on rare earth minerals. The developments reignited U.S.-China trade tensions, weighing heavily on semiconductor and AI-linked shares. Analysts said Beijing’s move to tighten mineral exports adds supply-chain uncertainty, exacerbating investor caution in a sector already pressured by global demand slowdown and geopolitical friction.
Companies:
  • AMD
  • Nvidia
  • Qualcomm
Tags:
  • semiconductors
  • tech stocks
negative

US Stocks Suffer Worst Day in Months as Trump Renews Tariffs on China

US Stocks Suffer Worst Day in Months as Trump Renews Tariffs on China
U.S. stocks slumped sharply overnight as renewed U.S.-China tensions rattled markets. The Dow Jones fell 870 points (1.9%), the S&P 500 dropped 2.7%, and the Nasdaq plunged 3.6% after President Trump warned of a “mass increase” in tariffs and hinted at canceling an upcoming meeting with President Xi. The remarks deepened investor anxiety amid a prolonged government shutdown and weak consumer confidence, triggering broad-based selloffs across tech, industrial, and consumer sectors.
Companies:
  • Apple
  • Boeing
  • Nvidia
Tags:
  • growth stocks
  • tariffs