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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Hong Kong Banks Hike Fixed Deposit Rates to 4.3% as Interest Rate War Intensifies
Hong Kong banks raise fixed deposit rates to 4.3% for USD and 4.1% for HKD. Compare the latest rates from major lenders and digital banks as the interest rate war heats up.
TCS Q2 Profit Jumps 15% to Rs 13,884 Crore on AI Revenue Surge
TCS Q2 FY27 net profit rises 15% to Rs 13,884 crore with revenue up 11%. AI revenue crosses $3.1 billion. Board approves Rs 12 dividend.
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.
Euro Falls to 4-Month Low as French Fiscal Risks Mount, October 03
Euro hits 4-month lows as hedge funds boost short bets amid French fiscal concerns and European bond selloff. EURUSD consolidates below 1.1500.
Argentina’s Golden Passport: $350,000 Entry Fee for Citizenship
Argentina opens citizenship program for $350,000 investment. Single applicants pay $350,000; families of four pay $500,000. Applications open Q4 2026. First South American country to offer paid citizenship.
Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
Zcash Slides 3.6% to $1,287 as ETF Outflows Weigh on Sentiment
Zcash fell 3.6% to $1,287.07 on October 2 amid $30.25M in Grayscale ETF outflows and lingering concerns from the Bitget hack.
SNB Sold CHF1.4B Francs in Q2 as Iran War Stokes Safe-Haven Demand
SNB sold CHF1.4 billion francs in Q2 2026 to offset safe-haven flows from Iran war. Central bank maintains zero rates as growth accelerates and inflation stays low at 0.8%.