The European economies seem fragile because of the major challenges arising from the energy crisis. Developed countries seem to be on the verge of recession while emerging countries will see some consolidation. Slowing global growth will weigh on emerging markets like India and we expect volatility.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and