The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
Year: 2026
UBS Nearly Triples Micron Price Target Citing AI Memory Industry Transformation
UBS analysts significantly raised their price target for Micron Technology arguing that AI adoption will fundamentally reshape the global memory chip industry’s economics.
Nasdaq Composite Reaches Record 26656 as Technology Stocks Lead Session Gains
The Nasdaq Composite closed at an all-time high of 26656.18 on Tuesday driven by strong buying in semiconductor and AI-linked technology companies.
Micron Technology Tops $1 Trillion Market Cap as Shares Surge 19% on AI Enthusiasm
Micron Technology crossed the $1 trillion market capitalisation threshold for the first time after its stock surged 19% following bullish AI-driven analyst upgrades from UBS.
S&P 500 Closes at Record High of 7519 Led by Tech Rally on Iran Deal Hopes
The S&P 500 hit a new all-time high of 7519.12 on Tuesday as investors expressed optimism about a potential diplomatic resolution to the US-Iran conflict.
NEET 2026 Controversy: SC Demands Transparency Report from NTA Within 10 Days
The Supreme Court gave the NTA a strict 10-day deadline to produce a full transparency audit report addressing ongoing concerns over the NEET 2026 examination process.
Bhuvneshwar Kumar Retains IPL 2026 Purple Cap with 24 Wickets in Qualifier 1
RCB’s Bhuvneshwar Kumar retained the coveted Purple Cap with 24 wickets after his side beat Gujarat Titans in Qualifier 1 ahead of the IPL final.
Vijay Shankar Signs with Kandy Royals for Lanka Premier League After Retiring from IPL
Indian all-rounder Vijay Shankar who recently retired from domestic cricket signed a contract with Kandy Royals to play in the Lanka Premier League.
India Women’s Cricket Team Departs for England Series Starting May 28
The Indian women’s cricket team left for England to begin a preparatory T20I series ahead of the 2026 Women’s T20 World Cup with the first match scheduled for May 28.
SC Plea Challenges Transparency of Advocates’ Degree Verification Process
A fresh petition before the Supreme Court challenged the opaque processes used to verify law degrees of advocates raising concerns about fake credentials and bar exam integrity.