Shares of Micron Technology rose 5 percent and Qualcomm gained 3 percent on May 29 adding to their recent gains as technology stocks led a broader market rally to record highs.
Year: 2026
Trump’s Emergency Tariff Powers Were Struck Down by US Supreme Court in February
More than 330000 US importers have paid USD 166 billion in invalidated emergency tariffs after the US Supreme Court struck down President Trump’s emergency tariff powers in February 2026.
Costco CEO Says Company Will Return Tariff Refunds to Customers Through Lower Prices
Costco CEO Roland Vachris said the company will return the value of tariff refunds it receives to customers through lower prices citing a commitment similar to past legal recovery practices.
Dell Technologies Shares Surge 33 Percent After Strong Q1 Beat and Raised Guidance
Dell Technologies saw its best day on record with shares surging nearly 33 percent after the company reported a first-quarter earnings beat on both revenue and profit and raised its full-year guidance.
US Equities Close at Record Highs as S&P 500 Hits 7580 and Nasdaq Tops 26972
US equities closed at all-time highs on May 29 with the S&P 500 climbing to 7580 and the Nasdaq Composite settling at 26972 boosted by technology and a strong month for markets.
Banking Sector Remains Stable With Adequate Capital Buffers Says RBI Annual Report
The RBI Annual Report for 2025-26 noted that India’s banking system remains stable with adequate capital buffers though global tensions and market volatility pose short-term risks.
Mangalam Group to Invest Rs 1000 Crore to Expand Hospitality Portfolio in India
The Mangalam group announced plans to invest Rs 1000 crore or approximately USD 120 million to expand its hospitality portfolio across India targeting the growing tourism sector.
L&T Bags Major BPCL Order to Build India’s Largest Flexible Petrochemical Plant
Larsen & Toubro’s onshore vertical bagged a major order from BPCL to build India’s largest flexible petrochemical plant in a significant boost for India’s energy infrastructure.
Wipro Sees Double Bottom Reversal as Analysts Highlight Top BFSI IT Stocks
Technical analysts noted a double bottom reversal pattern in Wipro shares while highlighting top BFSI information technology stocks for long-term investment strategies.
Odisha Aims for 15 Fully Operational Airports by 2047 to Boost Aviation Connectivity
Odisha has set a target of 15 fully operational airports by 2047 to boost regional connectivity and aviation growth as part of its long-term infrastructure development plan.