Global markets react to Federal Reserve interest rate hikes while corporate sectors face varied performance across manufacturing, tech, and retail.

The Federal Reserve announced an interest rate hike to a range of 3.75%-4.0%, causing the Dow to fall 600 points as investors anticipate continued market volatility.

Generac stock surged over 30% following a major deal with Amazon to supply backup power generators, highlighting the company's growing role in the AI infrastructure sector.

Intel shares rose amid reports of early-stage talks with SK Hynix regarding a potential U.S.-based partnership for memory chip production to support its business turnaround.

Optical stocks Lumentum and Coherent led S&P 500 gains as investors shifted focus toward the broader AI data-center supply chain.

The Pakistan Sugar Mills Association warned that a failure to authorize the export of one million tons of surplus sugar could disrupt the upcoming crushing season.

Pakistan's cement sector reports a stronger financial foundation to start the fiscal year, though domestic demand recovery remains uneven.

Citi's announcement of an 11%+ Return on Tangible Common Equity (RoTCE) target signals improved capital efficiency for the banking giant.

The Lahore Chamber of Commerce & Industry highlighted ongoing challenges for local exporters, noting that export volumes have remained stagnant around the USD 30 billion mark.

Elon Musk announced high confidence in a 2027 project to deploy NVIDIA AI-powered computers into space via SpaceX infrastructure.