Global markets react to corporate earnings and index changes as regional fuel and trade policies shift.
Key Points
Reddit shares rallied in after-hours trading following the announcement that the social media platform will be added to the S&P 500 index.
Salesforce stock received a significant boost as J.P. Morgan analysts dismissed overblown AI fears, projecting a 29% upside for the company.
Pakistan's federal government increased the prices of high-speed diesel by Rs1.16 and petrol by Re0.45 per litre, effective August 14.
China announced it will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years.
Page Industries, the Indian licensee of Jockey International, reported a quarterly profit decline attributed to rising raw material costs.
India's parliament passed a new law restricting state governments from imposing additional taxes or cesses on mineral rights and mining lands.
Crypto trading firm Wintermute announced plans for a $1 billion AI infrastructure investment as part of a strategy to diversify beyond its core digital asset operations.
Dell shares continued their strong performance this year, bolstered by positive momentum following industry rival Lenovo's latest earnings report.