Key Takeaways (Quick Read) The â‚ą39,600 Crore Handshake: MUFG and Shriram Finance Make History The Indian financial sector just witnessed a watershed moment. In a move that signals massive global confidence in India’s lending ecosystem, Japanese banking behemoth Mitsubishi UFJ Financial Group (MUFG) has announced a definitive agreement to acquire a 20% stake in Shriram…
US stock futures dipped slightly overnight, setting the stage for a week full of blockbuster moves and headline risks. With the S&P 500 breaking the 6,800 ceiling for the first time, all eyes are now on Big Tech’s earnings, a pivotal Fed rate decision, and an important US-China trade summit that could shake up global…
📉 Stock Slump Alert! Asian shares plummeted on Friday as doubts over the artificial intelligence (AI) boom and renewed U.S. tariffs sent shockwaves through global markets. Major indexes in Japan, Hong Kong, and South Korea all fell over 2%, following Wall Street’s sharp decline. đź’Ą What’s Behind the Market Meltdown? AI Bubble Concerns 🤖💠–…
🔹 Goldman Sachs’ Chief US Equity Strategist David J. Kostin flags tariffs as a key downside risk for the S&P 500 earnings forecast in 2025. 🔹 Q4 2024 Earnings: The S&P 500 saw 12% YoY growth in earnings per share (EPS), surpassing expectations of 8%—but new tariffs could harm future earnings. 🔹 Tariff Increases Ahead:…
