Vedanta shares rose over 3% after the company set October 14 as the record date for its first FY27 interim dividend, subject to board approval on October 8. The payout will be the first since Vedanta’s demerger into five entities. Analysts expect dividends to remain strong but potentially become more volatile and commodity-sensitive.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence