World

Global Market hits Sell-off; Market in panic mode but might opportunities for long-term investors

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Global Market hits Sell-off; Market in panic mode but might opportunities

The global stock market experienced a significant sell-off on August 5, 2024, sending shockwaves through financial markets worldwide. Major indices across Asia, Europe, and the US plunged into the red, as investors reacted to a confluence of negative factors. Key Drivers of the Sell-off: Weak US Jobs Data: Disappointing US jobs data fueled concerns about Read more: Global Market hits Sell-off; Market in panic mode but might opportunities for long-term investors..

Nvidia’s new AI chip delay, could affect Microsoft, Google, Meta

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Nvidia's new AI chip delay, could affect Microsoft, Google, Meta

Nvidia’s upcoming artificial intelligence chips are facing potential delays due to design flaws. This setback could have a significant impact on major tech companies like Microsoft, Google, and Meta, who have collectively ordered billions of dollars’ worth of these chips. The launch of Nvidia’s new AI chips, part of the Blackwell series, could be postponed Read more: Nvidia’s new AI chip delay, could affect Microsoft, Google, Meta..

Regulatory action on F&O may help banks attract more deposits: SBI Chairman

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Regulatory action on F&O may help banks attract more deposits: SBI Chairman

SBI Chairman Dinesh Khara has recently suggested that discouraging retail participation in the Futures and Options (F&O) segment of the stock market could potentially help banks attract more deposits. This statement comes amidst concerns about the increasing involvement of retail investors in F&O trading, which is often considered to be a high-risk activity. F&O trading Read more: Regulatory action on F&O may help banks attract more deposits: SBI Chairman..