Weekly Market Report

Apple's decision to upgrade its upcoming Mac computers with artificial intelligence (AI) features, appears to have struck a chord with investors. The company's stock was up 4.3% on Thursday, adding $112 billion in value, as the company's stock recorded its best performance in nearly a year after the market punished the firm for stagnation.

Energizer brand licensee showcased the Energizer Hard Case P28K smartphone with a massive 28,000mAh battery during MWC 2024. The rugged smartphone's battery, which is significantly bigger than every other smartphone on the market, is said to last for a whole week regular of usage on a single charge. The phone has a IP68 rating and a 6.78-inch full-...

The Apple Vision Pro launched last week with sales reportedly crossing 200,000 units before the mixed reality headset hit retail stores in the country. Apple’s first release in a new product category since it introduced the first Apple Watch nearly a decade ago is currently only available in the US, but the company plans to bring the Vision Pro t...

Elon Musk-owned social media company X could lose as much as $75 million (nearly Rs. 625 crore) in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. Musk backing an antisemitic post on the platform last week has led several companies including Walt Disney and...

Air India Chief Executive Campbell Wilson has held talks with India's antitrust head on its pending merger with sister airline Vistara, weeks after the watchdog raised concerns about market power, people familiar with the matter said.

Netflix is reportedly restructuring its advertising partnership with Microsoft for its lower-priced ad-supported subscription plan and is also cutting ad prices. The streaming company launched the $7(roughly Rs. 560)-per-month plan with commercials last year in 12 markets.

Xiaomi is expected to be working on a clamshell foldable smartphone. The company previously launched the Mix Fold 2 handset and is soon expected to release a successive model. A tipster now suggests that the purported clamshell foldable is likely to be very thin and light.

A day after a 16-year-old girl was stabbed and bludgeoned to death in Delhi, police sources said that the murder could have be premeditated as the accused had purchased the murder weapon a fortnight ago.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Apple Inc. Chief Executive Officer Tim Cook has scheduled a trip to open the iPhone maker's first stores in India next week, underscoring the company's ambitions for the country as a growth market and manufacturing base.

India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate

The sales volume of NFTs spiked by 16 percent in the first three weeks of 2023 compared to last year, a report by CryptoSlam.io has claimed. Over 320,580 people purchased digital collectibles between January 1 and 21. In the last seven days, the sales of NFTs shot up by 43.48 percent from the week before that.

Housing Development Finance Corp's (HDFC) plans to raise at least 30 billion rupees ($369.26 million) through bonds maturing in 10 years, three merchant bankers said.

The overall reserves had dropped by $571 million to $563.499 billion in the previous reporting week. The reserves had been declining as the central bank deployed the reserve to defend the rupee amid pressures caused majorly by global developments.

Apple's decision to upgrade its upcoming Mac computers with artificial intelligence (AI) features, appears to have struck a chord with investors. The company's stock was up 4.3% on Thursday, adding $112 billion in value, as the company's stock recorded its best performance in nearly a year after the market punished the firm for stagnation.

Energizer brand licensee showcased the Energizer Hard Case P28K smartphone with a massive 28,000mAh battery during MWC 2024. The rugged smartphone's battery, which is significantly bigger than every other smartphone on the market, is said to last for a whole week regular of usage on a single charge. The phone has a IP68 rating and a 6.78-inch full-...

The Apple Vision Pro launched last week with sales reportedly crossing 200,000 units before the mixed reality headset hit retail stores in the country. Apple’s first release in a new product category since it introduced the first Apple Watch nearly a decade ago is currently only available in the US, but the company plans to bring the Vision Pro t...

Elon Musk-owned social media company X could lose as much as $75 million (nearly Rs. 625 crore) in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. Musk backing an antisemitic post on the platform last week has led several companies including Walt Disney and...

Air India Chief Executive Campbell Wilson has held talks with India's antitrust head on its pending merger with sister airline Vistara, weeks after the watchdog raised concerns about market power, people familiar with the matter said.

Netflix is reportedly restructuring its advertising partnership with Microsoft for its lower-priced ad-supported subscription plan and is also cutting ad prices. The streaming company launched the $7(roughly Rs. 560)-per-month plan with commercials last year in 12 markets.

Xiaomi is expected to be working on a clamshell foldable smartphone. The company previously launched the Mix Fold 2 handset and is soon expected to release a successive model. A tipster now suggests that the purported clamshell foldable is likely to be very thin and light.

A day after a 16-year-old girl was stabbed and bludgeoned to death in Delhi, police sources said that the murder could have be premeditated as the accused had purchased the murder weapon a fortnight ago.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Apple Inc. Chief Executive Officer Tim Cook has scheduled a trip to open the iPhone maker's first stores in India next week, underscoring the company's ambitions for the country as a growth market and manufacturing base.

India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate

The sales volume of NFTs spiked by 16 percent in the first three weeks of 2023 compared to last year, a report by CryptoSlam.io has claimed. Over 320,580 people purchased digital collectibles between January 1 and 21. In the last seven days, the sales of NFTs shot up by 43.48 percent from the week before that.

Housing Development Finance Corp's (HDFC) plans to raise at least 30 billion rupees ($369.26 million) through bonds maturing in 10 years, three merchant bankers said.

The overall reserves had dropped by $571 million to $563.499 billion in the previous reporting week. The reserves had been declining as the central bank deployed the reserve to defend the rupee amid pressures caused majorly by global developments.