The S&P 500 retreated from record highs on Friday, dragged down by losses in AI-related stocks like Dell and Nvidia, as investors analyzed inflation data reflecting the impact of tariffs. Alibaba’s U.S. shares surged following a strong cloud computing report.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others