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Global stocks saw a dip on Friday. Concerns over AI's impact and high tech valuations weighed on markets. Meanwhile, rising US-Iran tensions pushed oil prices higher. Sterling also experienced a fall following a Labour election defeat. Investors are closely watching these developments.
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Artificial intelligence is creating uncertainty for the US stock market. Investors are watching closely for how this technology will change businesses. Key economic reports and company earnings are due soon. Experts are debating whether companies will benefit from AI or be replaced by it. This debate is causing market jitters.
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Nepal's national elections are just days away as millions of eligible voters prepare to cast their ballots. The campaign centers on jobs and the economy, with a special emphasis on opportunities for youth. India and China are closely watching the outcome.
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News and Media
Netflix jumped more than 9% on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood's most prized assets.
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The Government of Singapore, HDFC Mutual Fund and the Monetary Authority of Singapore bought promoter shares worth thousands of crores in Vishal Mega Mart as Samayat Services LLP offloaded a 14% stake via bulk deals. The stock fell despite solid quarterly profit and revenue growth.
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