Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the long-term potential of AI against concerns about the substantial investment required for data centers. Inflationary pressures, fueled by energy prices and chip costs, remain a concern, impacting companies like Apple and prompting discussions about potential interest rate hikes.
CoinSwitch swings to profitability in FY26 as crypto platform’s revenue climbs 150% to Rs 324 crore
CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. The company’s revenue reached Rs 324.19 crore, leading to an Adjusted