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PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.
Bank of Canada Holds Rate at 2.25%, Eyes 2027 Hike as Jobs Surge
Bank of Canada holds rate at 2.25% amid geopolitical uncertainty. Canadian employment surges 87,800 jobs in May.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…
AI-Picked Stocks Surge Up to 54% as S&P 500 Posts Historic 16% April-May Rally
The S&P 500 gained more than 16% across April and May 2026, marking only the fifth time since 1945 that the benchmark index has achieved such a strong two-month advance. The rally was supported by improving earnings, stronger investor sentiment, and renewed confidence in artificial intelligence-driven growth opportunities. This historic move created a powerful backdrop…
European Stocks Slip as Mideast Tensions Weigh; Stoxx 600 Down 0.2%, DAX Falls 0.3%, and Brent Holds Near $94.85
European Stocks opened lower on Friday as investors reacted to ongoing Middle East tensions and fading hopes of a quick diplomatic breakthrough between the United States and Iran. Rising energy prices and a pause in the recent artificial intelligence-driven rally added to market caution. The weakness was visible across major European benchmarks as traders shifted…
Meesho Shares Rebound 1.6% to ₹167.98 After Eight-Day Losing Streak; Choice Sees More Upside
Meesho Shares rebounded 1.6% to ₹167.98 after suffering eight consecutive sessions of declines. The recovery came as bargain hunters entered the stock following a sharp correction that erased more than 16% of its market value in just over a week. Despite the rebound, the stock remains under pressure due to concerns surrounding an upcoming lock-in…
Bodycote Shares Plunge 10.5% as Apollo Drops £1.5bn Takeover Bid Interest; APO Gains 3.26%
Bodycote Shares came under heavy selling pressure after Apollo Global Management announced that it would not proceed with its proposed £1.52 billion takeover offer for the UK engineering services company. The decision surprised investors who had anticipated a formal bid after weeks of discussions between the two companies. As a result, Bodycote stock fell more…
Nikkei 225 Dips 921 Points Amid Wall Street Tech Weakness and Nasdaq Futures Drop
The Nikkei 225 declined by 921 points, or around 1.35 percent, closing near 67,480 after hitting recent highs above 68,400 in the previous session. The drop came as investors locked in profits after a strong multi-week rally driven by technology and export-oriented stocks. The index was mainly dragged down by heavy selling in semiconductor and…