Indian benchmarks experienced a decline of over 1% on Tuesday, driven by uncertainty regarding near-term market prospects and profit-booking after a recent rally. Ebbing foreign inflows and a surge in Covid-19 cases across India and Asia further contributed to the cautious market sentiment. Traders are also adding short positions, suggesting limited upside potential in the near future.
Reddit stock plunges 30% as Google’s AI search threatens traffic and user growth
Reddit shares plunged 23% after the company warned that Google’s AI powered search features were hurting referral traffic and could lead to a decline in