MARKET VALUE WIPEOUT
S&P 500 falls, $420 billion wiped out as Iran skips US talks, ceasefire fears rise
S&P 500 fell sharply after Iran refused US talks, increasing global tension fears. Investors are worried the ceasefire may end without a deal. Oil prices are rising again due to supply concerns. Markets are reacting to uncertainty and risk. Experts say long-term outlook may stay positive, but short-term moves depend on news about US Iran talks and conflict situation.
LPG shortage hits packaged food; Adobe CEO to exit
Due to an acute shortage of LPG, packaged food companies are pausing or slashing production at plants. This and more in today's ETtech Top 5.
Gold silver price today erase gains amid AI speculation and $1.1 trillion market cap loss – what’s driving gold and silver lower today and will this momentum continue?
Gold silver price today dropped after a massive $1.1 trillion AI stock market crash shook global investors. Gold price today fell to $5,174 per ounce, down 1.17%. Silver price today hovered near $87 per ounce amid sharp volatility. A stronger US dollar and hawkish Federal Reserve signals pressured precious metals. Profit booking accelerated after recent rallies. The Nasdaq AI index plunged 28% in one week. Investors rotated to cash. Now traders watch Fed rate cuts, inflation data, and dollar movement. Will gold and silver prices rebound, or extend losses? Markets remain fragile.
Global investors stung by AI could turn to India, lured by domestic demand, growth
India's economy is poised for strong growth, attracting foreign investment. As global AI markets face a shakeout, India's domestic demand and improving currency offer a compelling alternative. This shift could see billions in foreign capital return, fueling further market expansion. Investors are looking to India for sustained long-term growth opportunities beyond the AI boom.
5 world market themes for the week ahead
Markets anticipate a busy week. Walmart's results will offer clues on consumer spending. European miners' earnings will reflect commodity market volatility. Key economic indicators and UK data are due. Indonesia's central bank faces a crucial decision. Investors will closely watch global business activity surveys for future trends. Labour market and inflation data from the UK will also be significant.
TCS shares crash 44% from peak to hit over 5-year low. More pain left for IT bellwether?
Tata Consultancy Services (TCS) shares plummeted to a five-and-a-half-year low amid fears of AI-led disruption, with its market capitalization also hitting a multi-year trough. The IT rout intensified following a plunge in Infosys and Wipro ADRs, as a new AI tool for legal tasks sparked concerns about industry-wide vulnerability.
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Plumbers of the tech world! JP Morgan hunts deep value in India's IT bloodbath as stocks hit multi-year lows
Indian IT stocks have seen significant drops, losing Rs 5.7 lakh crore. JP Morgan believes these firms are essential "plumbers" for technology. They are now offering deep value opportunities. Dividend yields are at crisis-level highs. JP Morgan recommends buying Infosys and TCS, seeing limited downside and potential upside.
Global stocks, bitcoin rally, regaining some lost ground with precious metals
Global stock markets saw a strong rebound on Friday. Major indices like the Dow Jones and S&P 500 registered significant gains. Technology shares, especially chipmakers, recovered from sharp declines. Bitcoin and silver also bounced back from recent selloffs. Investors are closely watching U.S.-Iran talks and assessing economic data.
Global tech stocks erase $1.8 trillion in days as U.S. stock futures rebound and AI spending fears rattle markets
Global tech stocks erased $1.8 trillion in market value this week. Heavy selling hit AI and Big Tech leaders. Investors questioned rising capital spending. Profit visibility weakened. U.S. stock futures rebounded Friday. S&P 500 and Nasdaq futures turned positive. Relief was cautious. Bitcoin stayed volatile. EV and silver markets remained stressed.
Gold and silver price today: Gold again crosses $5,000 and silver touches $90 — will gold and silver continue to gain in this cycle to touch $6,300 and $125?
Gold and silver price today: Gold prices surged 2.7% to $5,071.79 on February 4, 2026. This move reclaimed the vital $5,000 psychological floor. Silver followed with an 8% jump to $89.92. Fresh U.S.-Iran tensions drove this safe-haven rally. J.P. Morgan now forecasts gold at $6,300 by year-end. They expect central banks to buy 800 tons in 2026. This "debasement trade" favors real assets over paper. Silver is targeting $125 amid a sixth year of supply deficits.
Why are software shares particularly SaaS plunging today? Key reasons you should know
The S&P North American Software Index cratered 15% this week, marking its most violent contraction since the 2008 financial crisis. This $285 billion "SaaSpocalypse" followed Anthropic’s launch of autonomous legal agents. These tools threaten "seat-based" revenue models by automating complex professional workflows. Investors now fear AI replaces software rather than enhancing it. Consequently, Thomson Reuters fell 16% and Microsoft hit three-year valuation lows. The market pivot prioritizes AI-native firms over legacy providers.
Are gold and silver bubbles cracking after $7 trillion wipeout? What investors should do now
Gold and silver prices saw a significant drop, wiping out trillions. However, experts say the gold bull market is still strong. This sharp fall is seen as a temporary reset due to high leverage. Analysts expect prices to rise again. Silver, however, needs more price correction before it becomes attractive for long-term investment.
Hindustan Zinc shares crash 10% as silver rout deepens after worst selloff in history on Friday
Hindustan Zinc shares tanked 10% today after silver slipped another 6% after it experienced its largest single-day drop on record on Friday. The white metal plunged significantly on MCX and internationally, impacting the Vedanta subsidiary's stock. This decline follows a strong rally and a recent Offer For Sale by its promoter.
Bitcoin drops below $90,000 in sign of souring mood
Bitcoin has fallen below ninety thousand dollars for the first time in seven months. This drop indicates a decline in investor willingness to take risks across financial markets. Doubts about future U.S. interest rate cuts and broader market jitters are impacting cryptocurrencies. Major crypto players and technology shares are also experiencing pressure. This trend could signal wider market movements.
DeepSeek to be hosted on Indian servers soon to address data privacy concerns over it: Ashwini Vaishnaw
IT Minister Ashwini Vaishnaw asserted that every app or system, which needs to be tested on security parameters will be tested, and decisions will be taken.
Hindenburg claims making merely $4 million from $153 billion Adani selloff
Hindenburg admits revenue from Adani shorts, may barely break even. Responds to Sebi's show cause notice, highlights fraud risks, and calls out regulators for neglecting investor protection.
Bitcoin’s 160% rebound in 2023 is a gamble on ETF ‘demand shock’
Underpinning much of the bonanza is optimism that US regulators will soon give their first blessing for an exchange-traded fund that invests directly in Bitcoin. Investors will find out by Jan. 10 if that bet, which crypto bulls consider a near-certain winner, pans out.
Gautam Adani in talks to prepay share pledges to boost confidence
Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his conglomerate’s financial health, a person with knowledge of the matter said. The move would see lenders release some of the stock in Adani Group companies that was pledged as collateral, according to the person.
Collateral damage! PSU bank stocks crash up to 8% along with Adani stocks
Adani stocks came under pressure after global investment banker Credit Suisse assigned zero lending value for bonds sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai. It has stopped accepting bonds of Adani companies as collateral for margin loans to its private banking clients following allegations made in Hindenburg report, Bloomberg said.
Indian crypto investors look for cover
The crypto rout over the past two days after Binance, the largest crypto exchange, said it was buying FTX, one of its closest rivals and then backtracked, has pushed Indian crypto investors looking for cover.
Meta’s $677 billion rout boots it out of world’s top 20 stocks
Meta was the sixth biggest US company by market capitalization at the start of the year, flirting with a $1 trillion market value. Fast forward 10 months and the stock will be worth about $258 billion, ranking it 26th. Its market value is now smaller than companies including Chevron Corp., Eli Lilly & Co. and Procter & Gamble Co.
A $17 billion loss puts LIC IPO among top Asia wealth losers
Having plunged 29% since its May 17 debut, India’s biggest ever IPO now ranks second in terms of market capitalization loss since listing, as per data compiled by Bloomberg.
Social media stocks sink to erase $135 billion on Snap warning
The selloff erased almost $16 billion in market value, and added to declines for peers including Facebook-owner Meta Platforms Inc., Google-owner Alphabet Inc., Twitter Inc. and Pinterest Inc.
Amazon surges to add $135 billion in wild market value swing
The e-commerce giant rose 9.6 per cent, adding more than $135 billion in market value, after climbing as much as 12 per cent at Friday’s open.
Mukesh Ambani, Gautam Adani now richer than Mark Zuckerberg
Following the $29 billion wipeout, Zuckerberg is in the twelfth spot on Forbes' list of real-time billionaires, below Indian business moguls Mukesh Ambani and Gautam Adani.
All in a day: Mark Zuckerberg loses $29 billion, Jeff Bezos set to pocket $20 billion
Mark Zuckerberg's one-day wealth decline is among the biggest ever and comes after Tesla Inc top boss Elon Musk's $35 billion single-day paper loss in November.
Ether, Solana, memecoins prove to be more vulnerable than Bitcoin
Over the past seven trading days, Bitcoin has shed around 20% of its value compared with nearly 30% for Ether. Solana’s SOL and DeFi-play Avalanche’s AVAX token have fallen nearly 38% each. And the wipeout in memecoins has been profound: Dogecoin is down 30% on the week while Shiba Inu is off 38%, according to CoinMarketCap.
Alibaba has lost $344 bn in world's biggest wipeout
Alibaba shares sank from an all-time high that month to a record low three weeks ago in Hong Kong, as Beijing stepped up its scrutiny of the company's practices and urged a restructure of its fintech business. Despite a 30% recovery from Oct. 5, the stock is still 43% lower than its October 2020 peak.
Bitcoin derivatives that cost $1 million will soon be worthless
When the options were purchased, bitcoin price was trading at about $16,200 level.
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