Business
Jio Platforms IPO Surpasses 5x Subscription on Second Day
The massive initial public offering continued to draw heavy demand across all investor categories, led by qualified institutional buyers.
Stock Market
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Business
Tesla Surpasses Third-Quarter Earnings and Revenue Estimates
The electric vehicle maker reported adjusted quarterly earnings of $0.48 per share alongside $28.05 billion in revenue.
Business
Tonbo Imaging IPO Subscribed 49 Times Ahead of Allotment
The defense electronics maker's share allotment is expected to be finalized as strong investor demand drives a 49-fold subscription.
Business
Indian Equities Fall as Nifty 50 Closes Lower Amid Profit-Booking
The benchmark Nifty 50 declined for the second consecutive session, pressured by losses in capital goods, autos, and metal shares.
Business
SpaceX Shares Surge Following Strong Third-Quarter Earnings Report
The space and artificial intelligence company reported higher-than-expected earnings and teased potential merger talks with Tesla.
Business
Jio Platforms Launches Record-Breaking IPO in India
The multi-billion-dollar share sale reached full subscription within hours of opening, boosting the Indian rupee to a six-week high.
Business
Jio Platforms IPO Sees Strong Demand, Subscribed Over 3 Times on Day 1
Reliance Industries' mega public offering drew massive institutional interest and crossed the full subscription mark within hours of opening.
Business
Elon Musk Confirms Potential SpaceX and Tesla Merger During Strong Earnings Call
SpaceX shares surged following a positive quarterly financial report, while Tesla stock also saw gains after Elon Musk addressed the possibility of combining the two companies.