Wall Street surged on Thursday, led by chip stocks and Microsoft’s strong forecast. Microsoft’s forecast eased investor concerns about massive artificial intelligence infrastructure spending. Other tech giants like Alphabet and Meta faced pressure from significant AI investment costs. The PHLX chip index saw substantial gains, with several companies reporting increases. Economic data showed slower growth and moderating inflation, while bond yields remained elevated.
FACT, Paradeep Phosphates, RCF, other fertiliser stocks rally up to 13%. Here’s why
Shares of fertiliser companies rallied up to 13% on Tuesday after Russian President Vladimir Putin assured India of uninterrupted fertiliser supplies amid the West Asia
August 25, 2026