Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images For all the drama in the stock market of late, investors’ portfolio balances may not look too different from when President Donald Trump entered office. There have been some unnerving days amid the Trump administration’s tariff policies. … Read more
Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported SpaceX was prepared to funnel $2 billion into the Grok chatbot developer. The billionaire entrepreneur, responding to a post on X, said any decision to back the startup ultimately wasn’t his to make. Musk … Read more
Here are Monday’s biggest calls on Wall Street: UBS reiterates Tesla as sell UBS said the stock remains overvalued. “We believe TSLA remains fundamentally overvalued, but the price reaction will depend on Musk’s call comments.” Bank of America initiates Caris Life Sciences as buy The firm said the biotech company has a “best in class … Read more
New Delhi, Jul 14 (PTI) It was human error that led to the fuel switches being cut off before Air India’s Boeing 787-8 plane crashed in Ahmedabad last month, and there also should have been more transparency in the AAIB’s preliminary report on the accident, aviation expert Captain Mohan Ranganathan said on Monday. His comments … Read more
An AI sign at the MWC Shanghai tech show on June 19, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — The latest Chinese generative artificial intelligence model to take on OpenAI’s ChatGPT is offering coding capabilities — at a lower price. Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model: a … Read more
A couple of days after India’s Aircraft Accident Investigation Bureau released its preliminary report on last month’s Air India flight crash, the airline’s chief executive told employees to avoid drawing premature conclusions as the investigation was far from over. In an internal note accessed by Mint, CEO Campbell Wilson highlighted that AAIB’s report had not … Read more
Short-term tradable bottom? The CBOE Volatility Index has spiked to 29, but more importantly, the VIX curve (the prices of near-term VIX options) is now in backwardation : that is, the prices of near-term contracts (cash and the March options contract) are now higher than options contracts further out (April, May, June). This is unusual and indicates … Read more
(Bloomberg) — Indian pension managers have asked the industry regulator to ease rules that mandate the tenor of company bonds they can buy, according to people familiar with the matter. The retirement funds recently asked the Pension Fund Regulatory and Development Authority to relax a cap on purchases of corporate bonds that mature in less … Read more
The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s … Read more
Udaan and Pocket FM count Tencent among their investors, while Vedantu’s Chinese backers include Legend Capital and the TAL Education Group. There has been a recent spike in discussions around Chinese investors looking to pull out, several Indian investorsMintspoke with confirmed separately. “We can expect more block deals within listed startup entities as well, as … Read more
