IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite