1 دن پہلے
Broadcom posts 86% revenue jump as quarterly AI chip sales triple to $16.7 billion
Broadcom said revenue rose 86% year over year in its latest quarter, while adjusted earnings per share jumped 96%. Quarterly AI semiconductor revenue tripled to $16.7 billion, driven by hyperscaler demand for custom AI chips and networking gear. CEO Hock Tan told analysts the company expects to ship $350 billion of AI semiconductors to six hyperscaler customers over the next two years.
1 دن پہلے
1 دن پہلے
FCNR-driven rupee gains make gold cheaper in India, pressure local prices
A 1% rise in the Indian rupee against the U.S. dollar, driven by FCNR deposit inflows, has weighed on rupee-denominated gold and silver prices. India’s spot gold fell 4% over eight trading sessions to ₹1,54,884, while silver also dropped 4% to ₹2,35,456. Over the same period, U.S. spot gold slid 3% to $4,523 an ounce, pointing to broader weakness in global bullion prices. The pullback ahead of the festive season is influencing consumer buying behaviour, with some holding off purchases amid uncertainty.
1 دن پہلے
1 دن پہلے
Solana and XRP ETFs near $1.5 billion each as of early September 2026, reaching a first for non-Bitcoin and non-Ether funds
As of early September 2026, assets under management for Solana (SOL) and XRP exchange-traded funds (ETFs) were each nearing $1.5 billion, with the two products roughly even in size. It marks the first time crypto-asset ETFs tied to neither Bitcoin nor Ether have reached that scale. Some market views say these products could see sharp growth in the next market run, with SOL and XRP potentially posting significant gains.
SOL
SOL-2.07%
1 دن پہلے
1 دن پہلے
Crypto ETF inflows exceed $1.20B as demand for bitcoin remains strong
Crypto ETF products have recorded more than $1.20B in net inflows, signaling sustained demand for major digital assets such as bitcoin. The latest wave of allocations has further boosted bitcoin buying interest. It suggests investors are still actively adding exposure to digital assets at current levels. Overall, strong demand through crypto ETFs indicates that optimism around bitcoin’s next move has not faded.
BTC
BTC-0.77%
1 دن پہلے
2 دن پہلے
Foreign investors return to Indian equities with August FPI inflows topping $3.2 billion
Foreign investors returned to Indian equities in August, with net FPI inflows exceeding $3.2 billion, the strongest monthly inflow since September 2024, led by Consumer Services, Financials and Healthcare. HSBC estimates that if global funds move back to a neutral allocation, as much as $25 billion could flow into India. Supportive factors include Q1 GDP growth of 7.8%, better-than-expected corporate earnings and a stable rupee, which could help sustain foreign inflows.
2 دن پہلے