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Finance
Stories and analysis from The Business Now newsroom.
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Economy
FII vs DII Activity Today (July 9, 2026): Domestic Investors Overpower Foreign Selling, Keeping Indian Markets Resilient
India’s stock market witnessed another interesting battle between foreign and domestic institutional investors on Thursday, July 9, as Foreign Institutional Investors (FIIs) continued their selling streak while Domestic Institutional Investors (DIIs) stepped in aggressively, helping support overall market sentiment. According to the latest market data: Investor Category Activity Foreign Institutional Investors (FIIs) Sold ₹532.86 Crore...
Economy
Mortgage Rates Today (July 9, 2026): Falling Rates Offer Relief for Homebuyers and Homeowners
Mortgage Rates Continue to Fall, Giving Buyers a Welcome Break After months of elevated borrowing costs, U.S. mortgage rates are continuing their gradual decline, providing encouraging news for both prospective homebuyers and homeowners considering refinancing. The latest market trends show that mortgage rates have eased for several consecutive sessions, helping improve affordability in a housing...
Economy
Eimco Elecon Q1 Results: Net Profit Rises 6.2% YoY to ₹154 Million, Revenue Sees Healthy Growth
Eimco Elecon Reports Strong Q1 FY27 Earnings Eimco Elecon (India) Ltd. has announced its Q1 FY27 financial results, reporting a standalone net profit of ₹154 million, compared to ₹145 million during the same quarter last year. The latest earnings represent a year-on-year (YoY) growth of approximately 6.2%, reflecting steady operational performance despite challenging market conditions....
Economy
Tesla’s Next Big Bet? SpaceX Merger Speculation, Robotaxi Expansion, and Why Wall Street Is Watching Closely
Tesla Dominates Headlines with SpaceX Merger Buzz and Robotaxi Expansion Tesla is back at the center of Wall Street’s attention after a series of major developments involving SpaceX merger speculation, the expansion of its Robotaxi service to Miami, and fresh analyst optimism about the company’s long-term artificial intelligence strategy. Investors are increasingly debating whether Tesla’s...
Economy
U.S. Launches Fresh Wave of Airstrikes on Iran as Middle East Crisis Escalates
The United States has reportedly launched another wave of military strikes against Iran, marking a significant escalation in the rapidly expanding conflict that has gripped the Middle East over the past several weeks. According to multiple reports, including Axios and Reuters, U.S. forces targeted additional Iranian military assets in an effort to further weaken Tehran’s...
Finance
Minutes of the Federal Open Market Committee: Markets Await Key Signals on Interest Rates and Inflation
Investors Focus on FOMC Minutes for Clues About the Federal Reserve’s Next Move Global financial markets are closely watching the release of the Minutes of the Federal Open Market Committee (FOMC), one of the most important economic documents published by the U.S. Federal Reserve. The minutes provide a detailed account of policymakers’ discussions during their...
Finance
Federal Reserve Faces Transparency Questions as J.P. Morgan Warns of “Diminished Communications” Risk
J.P. Morgan Raises Concerns Over Federal Reserve’s Communication Strategy J.P. Morgan has warned that changes in the Federal Reserve’s communication approach could make financial markets more volatile and reduce transparency for investors. The concern comes ahead of the release of the June Federal Open Market Committee (FOMC) meeting minutes, which analysts believe could provide the...
Finance
FII & DII Turn Aggressive Buyers: ₹2,752.96 Crore Net Inflow Signals Bullish Trend for Indian Stock Market
FII and DII Buying Sparks Optimism on Dalal Street Indian equity markets received a major boost as both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) emerged as strong buyers in the latest trading session. According to the latest market data, FIIs purchased equities worth ₹1,962.80 crore, while DIIs added another ₹790.16 crore, taking...