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Finance & MarketsDaily pulse

Global markets react to corporate earnings and index changes as regional fuel and trade policies shift.

Updated 24 sources

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.

Sources

24 articles · 3 outlets