South Korea’s stock market staged an extraordinary rebound on Friday, with the benchmark Kospi surging as much as 14% in its sharpest reversal on record, after a month of extreme volatility linked to artificial intelligence valuations, semiconductor stocks, leverage and global technology markets.
टैग: Stock Market
Tata Steel Q1 Results: Profit Rises 15% to Rs 2,318 Crore, Revenue Climbs 14%
Tata Steel Q1 results: Tata Steel reported a 15% year-on-year increase in consolidated net profit attributable to owners for the quarter ended June 2026, supported by higher revenue and improved operating performance. Net profit rose to Rs 2,318 crore from Rs 2,078 crore in the corresponding quarter a year earlier.
Microsoft Shares Jump 8% as AI Growth Boosts Azure and Copilot, Meta Falls 9%
New York: Microsoft shares surged around 8% in premarket trading, while Meta Platforms shares dropped about 8.5% as investors reacted differently to the latest results from two of Big Tech’s major artificial intelligence players. Microsoft’s growth in its Azure cloud and Copilot businesses signalled that its heavy AI investment is beginning to generate stronger returns, while Meta’s revenue guidance fell short of market expectations.