The recent increase in borrowing costs across Corporate America is causing concern for stock investors, particularly in the tech sector. Federal Reserve Chairman Jerome Powell’s commitment to keeping interest rates adjusted for inflation elevated has sparked a sell-off in Big Tech stocks. The rising cost of capital is seen as detrimental to equity valuations, and skepticism is growing as the cost of borrowing climbs. Higher rates are pressuring companies and threatening to impact their valuations. The tech-heavy Nasdaq 100 has already dropped over 5% in September.
Moving Media Entertainment IPO: Key details to know before subscribing to the issue
Moving Media Entertainment Limited launches its Rs 43.40 crore IPO today, featuring a fresh offering of 62 lakh equity shares. The subscription remains open until
June 26, 2025