Amazon hits $2 trillion in valuation on AI fervor, rate cut bets

June 26, 2024

The stock climbed 3.4% to $192.70, pushing the e-commerce giant’s market value past $2 trillion. This elevation places it alongside technology giants like Microsoft Corp, Apple Inc, Nvidia Corp, and Alphabet in the elite $2 trillion club.

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High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey

A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.

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IndusInd Bank to consider raising funds via long-term bonds

IndusInd Bank is set to discuss raising funds through long-term bonds at its upcoming board meeting on July 23. This consideration follows a $230 million

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