Nvidia’s stock soared to a record high on Wednesday, propelling it past Microsoft to become the world’s most valuable company. This surge was fueled by an analyst’s prediction of a “Golden Wave” of AI adoption, with Loop Capital raising its price target for Nvidia. The resurgence of the “AI trade” has boosted chip stocks, reflecting optimism about the technology’s potential.
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while