Geopolitical tensions in West Asia are impacting India’s economy, leading UBS Securities to lower its GDP growth forecast to 6.2% and revise inflation estimates upward. Supply-side disruptions are evident, while demand resilience may face challenges if energy pressures persist. Inflation concerns are expected to linger longer than growth impacts.
AMD shares jump 13% as AI chip demand lifts strong results
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI
May 6, 2026