UBS analysts significantly raised their price target for Micron Technology arguing that AI adoption will fundamentally reshape the global memory chip industry’s economics.
Category: Business
US Consumer Confidence Index Falls to 93.1 in May on Inflationary War Pressures
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.
Two-Thirds of US Consumers Cutting Spending Due to Rising Prices: Survey
A Conference Board survey found that approximately two-thirds of American consumers have reduced overall spending in May 2026 in response to persistent price increases.
India USD Exchange Rate at Rs 95.30 Per Dollar Adding to Fuel and Import Cost Pressure
The weaker rupee continues to raise the cost of crude oil imports making domestic fuel cuts less likely.
Bank Locker Startup Aurm Raises Rs 42 Crore to Digitise India’s Underserved Market
The Series A startup is backed by Earth Fund and Sattva Ventures and targets India’s asset-protection economy.
Banza Raises $1 Million Pre-Seed for Privacy-First Personal Data Sharing Infrastructure
The AI-driven data startup backed by Campus Fund aims to enable consented data exchange for consumers.
India’s Left Has Lost Its Last State Government After Five Decades
The political left in India is facing an existential crisis after Kerala election results confirmed the trend.
KreditBee Becomes One of India’s Latest Unicorns Joining Skyroot in 2026 Club
The fintech lender is among four new Indian startups to hit billion-dollar valuations in 2026 so far.
Dick’s Sporting Goods Marvell Salesforce and Snowflake Earnings Due Wednesday
A heavy earnings slate is expected midweek as Wall Street watches guidance from major tech and consumer companies.
First Quarter GDP Second Estimate and PCE Inflation Data Due Thursday
Key macroeconomic data releases are expected to confirm whether the US economy slowed in Q1 2026.