Rahul Kumar

HPE Stock Drops 11% To Worst Day In Over A Year After Evercore Downgrades On Lack Of Near-Term Catalysts

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Evercore ISI lowered its rating on HPE stock to ‘In-Line’ from ‘Outperform.’ Evercore maintained its $65 price target intact.  The stock pullback follows strong fourth-quarter financial results, raised long-term growth targets, and a single-day 12% surge.  Analysts cite component supply constraints and potential margin dilution in the AI business as ongoing operational risks.  Hewlett Packard … Read more

Reasi minibus crash: Two killed, five injured near Batalgala Tunnel

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A passenger minibus accident on the Reasi-Bakal road in Jammu and Kashmir’s Reasi district has resulted in two deaths and five injuries. The injured have been hospitalized, with two in critical condition referred for specialized treatment. At least two people were killed, and five others sustained injuries after a passenger minibus met with an accident … Read more

AI Stocks Plunge as Tech Leaders Call for Measured Development Pace

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Global AI stocks saw a sharp decline after industry leaders, including the CEOs of Anthropic and OpenAI, advocated for a more cautious development approach, citing safety risks. The sell-off hit major Asian markets and US tech futures. Global artificial intelligence-linked stocks came under sharp selling pressure on Monday after leaders of major AI companies called … Read more

COAI urges cross-institutional cooperation to combat modern fraud

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COAI Vice Chairman Ravi P. Gandhi stressed the need for cooperation between government, regulators, and telcos to combat cross-border fraud. At an event, COAI signed a pact with UK authorities to enhance fraud prevention through technical exchange. Unified Front Against Cross-Border Fraud As modern fraudulent operations bypass singular jurisdictions and communication systems, COAI Vice Chairman … Read more

CBI registers FIR in Disha Salian’s death after Bombay HC direction

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The CBI has registered an FIR in the death of Disha Salian, Sushant Singh Rajput’s ex-manager, on the Bombay High Court’s direction. The court had raised concerns over the initial Accidental Death Report (ADR) filed in the 2020 case. The Central Bureau of Investigation (CBI) on Monday registered an FIR in connection with the death … Read more

IREN Stock Slips, But A Top Wall Street Bank Is Bullish With Double-Upgrade And 50% Upside

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Investment bank JPMorgan issued a double upgrade on Iren, citing its multi-billion-dollar Nvidia deal and rising contract value as catalysts. JPMorgan upgraded Iren from underweight to overweight, raising the price target from $46 to $65, a 50% upside from Monday’s closing price. Newer contract rates for Iren’s neocloud operations have risen to $15–$20 per watt … Read more

IBRX Stock Gains As Soon-Shiong’s Nant Capital Backs Second Cancer-Immunotherapy Bet

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PDS Biotech said it completed the initial close of a Nant Capital-led PIPE of up to $22.3 million and seated Soon-Shiong on its board — tying IBRX’s public face to a second immunotherapy platform. Nant Capital is the investment vehicle of IBRX founder Soon-Shiong. The market read the transaction as an extension of Soon-Shiong’s cytokine … Read more

IAF’s Sarang team bids farewell to Egypt after spectacular air show

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The Indian Air Force’s Sarang Helicopter Display Team bid farewell to Egypt after a successful deployment, featuring spectacular aerial displays over the Pyramids of Giza during the El Alamein International Air and Space Exhibition. The Indian Air Force’s Sarang Helicopter Display Team bid farewell to Egypt on Monday following a successful deployment that featured spectacular … Read more

Udit Raj questions UCC, says breaking caste system is bigger challenge

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Congress leader Udit Raj questioned the impact of the Uniform Civil Code, stating that breaking the country’s caste system is a more significant challenge. He argued that caste divisions hinder national progress and create internal conflict. Congress leader Udit Raj on Monday said that the caste system should break and questioned what would change with … Read more

BJP’s Kesavan slams Rahul Gandhi for ‘petty politics’ on BRICS Summit

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BJP spokesperson CR Kesavan hit out at Rahul Gandhi over his BRICS Summit criticism, saying India’s success left the Congress leader ‘speechless’. He accused Congress of indulging in ‘petty politics’ and sulking over the summit’s success. BJP Slams Rahul Gandhi Over BRICS Summit Bharatiya Janata Party (BJP) national spokesperson CR Kesavan on Monday hit out … Read more