IndusInd Bank shares recovered slightly despite reporting its first quarterly loss in two decades, yet analysts remain wary. Brokerages have cut earnings estimates, citing concerns about governance, asset quality, and the upcoming CEO transition. While some see potential value, a broader consensus anticipates a slow and uncertain turnaround for the bank.
Peter Lynch does not like the AI trade; here’s why he says ‘Know what you own’
Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit