(RTTNews) - Indian shares plunged on Monday as investors confronted with surging crude prices and a record-low rupee. The dollar rose, benchmark Brent crude futures jumped more than 2 percent and U.S. Treasury yields hit an eight-month high after Washington and Tehran threatened to escalate hostilities. U.S. President Donald Trump has threatened military action against Iran's power plants unless t...
(RTTNews) - Indian shares plunged on Monday as investors confronted with surging crude prices and a record-low rupee. The dollar rose, benchmark Brent crude futures jumped more than 2 percent and U.S. Treasury yields hit an eight-month high after Washington and Tehran threatened to escalate hostilities. U.S. President Donald Trump has threatened military action against Iran's power plants unless the Strait of Hormuz reopens within 48 hours. Iran warned it would strike energy and water infrastructure across the Gulf in retaliation if Trump follows through with his threat. "The West Asia region where the war is going on is an important route for our trade. A large chunk of our crude oil requirements is met by this region," Prime Minister Narendra Modi said while addressing the Lok Sabha today. India imports over 85 percent of its crude oil requirements and the Gulf region accounts for a substantial portion of that import basket. Therefore, India's external balance and government finances could be hit if oil prices stay high for an extended period. The rupee was in a free fall today, weakening to around 93.9 against the dollar due to concerns around supply disruptions through the Strait of Hormuz and continued foreign fund outflows. A weaker rupee makes imports more expensive, especially fuel and electronics, which can push up inflation and affect everyday costs. Investors also digested weak economic data suggesting that India's infrastructure output rose 2.3 percent year-on-year in February, its slowest pace in three months. The S&P BSE Sensex index hit an intraday low of 72,558.44 before recouping some loss to end the session down 1,836.57 points, or 2.46 percent, at 72,696.39. The broader NSE Nifty index settled 601.85 points, or 2.60 percent, lower at 22,512.65 after having hit a low of 22,471.25 earlier. The BSE mid-cap and small-cap indexes lost 3.8 percent and 3.9 percent, respectively. The market breadth was extremely weak, with 3,791 shares falling while 642 s...
Artificial intelligence (AI) spending continues to ramp up at an explosive pace. One clear sign of this is that Nvidia CEO Jensen Huang said last week that the company now expects to generate more than $1 trillion in AI chip revenue from its Blackwell and Rubin architectures alone from 2025 through 2027. As companies race to adopt AI, demand for data center capacity, power, and specialized infrast...
Artificial intelligence (AI) spending continues to ramp up at an explosive pace. One clear sign of this is that Nvidia CEO Jensen Huang said last week that the company now expects to generate more than $1 trillion in AI chip revenue from its Blackwell and Rubin architectures alone from 2025 through 2027. As companies race to adopt AI, demand for data center capacity, power, and specialized infrastructure is also soaring. CoreWeave (CRWV +0.85%) and Applied Digital (APLD 2.88%) are well positioned to benefit from this trend, though they operate under different business models. CoreWeave primarily leases and operates AI cloud infrastructure within data centers, while Applied Digital builds and leases out data centers. But which of these two growth stocks looks better positioned to create long-term wealth for shareholders from here? CoreWeave CoreWeave has emerged as one of the prominent AI cloud players. Unlike traditional cloud providers, it offers infrastructure that's purpose-built and optimized for AI workloads. Expand NASDAQ : CRWV CoreWeave Today's Change ( 0.85 %) $ 0.69 Current Price $ 81.35 Key Data Points Market Cap $43B Day's Range $ 77.60 - $ 83.11 52wk Range $ 33.52 - $ 187.00 Volume 834 Avg Vol 25M Gross Margin 47.77 % The company's recent financial performance has been impressive. In 2025, revenues surged 168% to over $5.1 billion. CoreWeave also exited the year with $66.8 billion in contracted backlog, giving it a robust level of revenue visibility for future years. Most of the new capacity it will bring online this year is already allocated, and the company expects these contracts to begin generating revenue as that capacity comes online. CoreWeave is also acquiring customers at an exceptional pace. In the fourth quarter, the company added nearly twice as many new long-term customers as it did in its best previous quarters. The number of customers spending at least $1 million annually with CoreWeave also increased by nearly 150% in 2025. The company h...
Key Points CoreWeave’s $66.8 billion backlog demonstrates its strong visibility into long-term demand for its services. Applied Digital’s long-term lease contracts provide stable and predictable revenue. 10 stocks we like better than CoreWeave › Artificial intelligence (AI) spending continues to ramp up at an explosive pace. One clear sign of this is that Nvidia CEO Jensen Huang said last week tha...
Key Points CoreWeave’s $66.8 billion backlog demonstrates its strong visibility into long-term demand for its services. Applied Digital’s long-term lease contracts provide stable and predictable revenue. 10 stocks we like better than CoreWeave › Artificial intelligence (AI) spending continues to ramp up at an explosive pace. One clear sign of this is that Nvidia CEO Jensen Huang said last week that the company now expects to generate more than $1 trillion in AI chip revenue from its Blackwell and Rubin architectures alone from 2025 through 2027. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » As companies race to adopt AI, demand for data center capacity, power, and specialized infrastructure is also soaring. CoreWeave (NASDAQ: CRWV) and Applied Digital (NASDAQ: APLD) are well positioned to benefit from this trend, though they operate under different business models. CoreWeave primarily leases and operates AI cloud infrastructure within data centers, while Applied Digital builds and leases out data centers. But which of these two growth stocks looks better positioned to create long-term wealth for shareholders from here? CoreWeave CoreWeave has emerged as one of the prominent AI cloud players. Unlike traditional cloud providers, it offers infrastructure that's purpose-built and optimized for AI workloads. The company's recent financial performance has been impressive. In 2025, revenues surged 168% to over $5.1 billion. CoreWeave also exited the year with $66.8 billion in contracted backlog, giving it a robust level of revenue visibility for future years. Most of the new capacity it will bring online this year is already allocated, and the company expects these contracts to begin generating revenue as that capacity comes online. CoreWeave is also acquiring customers at an exceptional pace. In the f...
Palantir Technologies (PLTR) is set to have its Maven artificial intelligence system designated as a Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Palantir Technologies (PLTR) is set to have its Maven artificial intelligence system designated as a Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Rivian’s pivot towards mass-market EVs and higher-margin software could unlock major upside, but execution will determine whether they make a success of it.
Rivian’s pivot towards mass-market EVs and higher-margin software could unlock major upside, but execution will determine whether they make a success of it.
NorthCrest Asset Manangement LLC lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 128,475 shares of the chip maker's stock after selling 13,630 shares during the period. NorthCrest Asset Manangement LLC's holdings in Intel were worth $5,058,000 at the end of the most recent...
NorthCrest Asset Manangement LLC lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 128,475 shares of the chip maker's stock after selling 13,630 shares during the period. NorthCrest Asset Manangement LLC's holdings in Intel were worth $5,058,000 at the end of the most recent reporting period. Other hedge funds have also recently bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Intel in the 2nd quarter valued at approximately $28,000. Corundum Trust Company INC acquired a new stake in shares of Intel during the third quarter worth approximately $29,000. Provenance Wealth Advisors LLC grew its position in shares of Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock worth $32,000 after buying an additional 446 shares in the last quarter. Strengthening Families & Communities LLC bought a new stake in shares of Intel in the third quarter worth $33,000. Finally, GoalVest Advisory LLC bought a new stake in shares of Intel in the third quarter worth $34,000. Institutional investors and hedge funds own 64.53% of the company's stock. Get Intel alerts: Sign Up Intel Price Performance Shares of NASDAQ:INTC opened at $43.87 on Monday. The company has a market cap of $219.13 billion, a PE ratio of -548.31, a P/E/G ratio of 16.26 and a beta of 1.37. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $54.60. The firm has a 50-day simple moving average of $46.68 and a 200 day simple moving average of $39.73. The company has a quick ratio of 1.65, a current ratio of 2.02 and a debt-to-equity ratio of 0.35. Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share (EPS) for the quarter, toppi...
Got story updates? Submit your updates here. › Nordea Investment Management AB, a major institutional investor, decreased its holdings in shares of Oracle Corporation by 2.9% in the fourth quarter of 2025, according to a recent 13F filing with the SEC. The firm now owns 528,938 shares of the enterprise software provider's stock, valued at $103,614,000 at the end of the quarter. Why it matters Orac...
Got story updates? Submit your updates here. › Nordea Investment Management AB, a major institutional investor, decreased its holdings in shares of Oracle Corporation by 2.9% in the fourth quarter of 2025, according to a recent 13F filing with the SEC. The firm now owns 528,938 shares of the enterprise software provider's stock, valued at $103,614,000 at the end of the quarter. Why it matters Oracle is a leading enterprise software company, and changes in institutional ownership of its stock can provide insights into market sentiment and expectations around the company's performance. Nordea's reduction in its Oracle position may signal broader investor concerns about the company's outlook or valuation. The details Nordea Investment Management AB sold 15,858 shares of Oracle Corporation during the fourth quarter of 2025, reducing its total position to 528,938 shares. The firm's holdings in Oracle were valued at $103,614,000 at the end of the quarter, down from $107,567,000 at the end of the prior quarter. Nordea Investment Management AB filed its 13F report for the fourth quarter of 2025 on March 23, 2026. The reported transactions occurred during the fourth quarter of 2025, which ran from October 1 to December 31, 2025. The players Nordea Investment Management AB A major European asset management firm that oversees over $500 billion in client assets. Oracle Corporation A multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications, and related services. Got photos? Submit your photos here. ›
Spain’s largest union backed Indra Sistemas SA’s Chairman Ángel Escribano , warning that efforts to oust him risk destabilizing the state-backed defense company at a critical moment for Europe’s military buildup. “It is particularly concerning that decisions and leadership now being questioned were originally driven by public authorities themselves, with full knowledge of the circumstances at the ...
Spain’s largest union backed Indra Sistemas SA’s Chairman Ángel Escribano , warning that efforts to oust him risk destabilizing the state-backed defense company at a critical moment for Europe’s military buildup. “It is particularly concerning that decisions and leadership now being questioned were originally driven by public authorities themselves, with full knowledge of the circumstances at the time,” Comisiones Obreras said in a statement Monday, referring to the government’s reversal on Escribano. Indra is locked in a power struggle with the Spanish government, led by Prime Minister Pedro Sanchez , its biggest shareholder through state holding company Sepi. In a rare show of support for a corporate executive, Comisiones Obreras — or CCOO — sided with the chairman after tensions escalated last week, when Sepi flagged a potential conflict of interest in Indra’s proposed acquisition of Escribano’s family business, Escribano Mechanical & Engineering SL, the clearest signal yet that the government wants him to step down. EM&E has since pulled out of the talks, saying conditions for a deal “do not currently exist.” CCOO said any conflict must be addressed with “rigor, transparency and legal guarantees,” but warned that such an approach should not be used to destabilize a company still in the midst of consolidating its strategy. Indra’s shares fell the most since 2022 after EM&E withdrew from the deal, underscoring investor concern that uncertainty could derail its expansion plans. The company is benefiting from rising European defense spending and the push for greater autonomy from the US, making strategic continuity more critical. That momentum has drawn investors including Dan Loeb’s Third Point LLC, which has urged Indra to press ahead with the EM&E deal.
Grab ( GRAB ) and Delivery Hero SE have reached an agreement for Grab to acquire Delivery Hero’s foodpanda delivery business in Taiwan in cash for $600 million, on a cash-free and debt-free basis, subject to customary closing adjustments. Closing of the acquisition is subject to regulatory approvals and customary closing conditions and is expected to take place in the second half of 2026. More on ...
Grab ( GRAB ) and Delivery Hero SE have reached an agreement for Grab to acquire Delivery Hero’s foodpanda delivery business in Taiwan in cash for $600 million, on a cash-free and debt-free basis, subject to customary closing adjustments. Closing of the acquisition is subject to regulatory approvals and customary closing conditions and is expected to take place in the second half of 2026. More on Grab Grab: A Quality Compounder On Sale - I'm Officially Staking My Claim Why Fintech And Advertising Could Unlock The Next Leg Of Growth For Grab Holdings Grab's Revenue Flywheel Will Drive Material Growth Prediction markets speak: See which stocks are favored to miss earnings this week Seeking Alpha’s Quant Rating on Grab