Asian stocks opened lower, mirroring a tech selloff on Wall Street driven by concerns over AI investment returns ahead of key earnings. Treasury yields rose as oil prices fueled inflation expectations, curbing Fed rate cut bets. Technology firms’ earnings are now crucial for sustaining the recent global equity rally.
Apollo Micro Systems shares rally 5% on Rs 1,550 crore deal to acquire 41% stake in Premier Explosives
Apollo Micro Systems shares gained 5% after it sought to acquire Premier Explosives’ promoters’ stake for Rs 1,550 crore. This strategic acquisition aims to enhance