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Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

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Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen their stock prices decline, with Apple falling 1.2 percent and Nvidia 4.2 percent. Significant investments in artificial intelligence by major firms have raised questions regarding long-term sustainability. Apple's limited capital expenditure on AI compared to rivals has attracted investor interest and boosted free cash flow projections. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tzo3Lfu >
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AAIB for better coordination between civil, defence aviation authorities

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/48iLNYK >
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Indigenous bullet train B28 undergoes 'squeeze test'

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nRlcNEY >
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Hello Kitty's spy drama lands in hot water: What went wrong with Sanrio in China

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Sanrio has come under fire in China for its collaboration with the Japanese drama VIVANT, which many viewers found offensive. The show's depiction of a fictional Chinese intelligence agency apprehending Japanese spies has ignited fierce online backlash. In response to the criticism from the public and state media, Sanrio's Chinese branch announced it would end the partnership, highlighting the hurdles international companies endure due to ongoing Sino-Japanese tensions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rbZ6tp2 >
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Noel seeks greater scrutiny of investments by Tata Sons

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xiHKs1D >
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On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

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Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of India's most valued business houses. Jio’s IPO was oversubscribed more than 22 times, indicating strong investor interest. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZyKX8bD >
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US Federal Reserve keeps rates unchanged, leaves door open to further hikes

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NSHiDJT >
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