1 5 BILLION

How Emergent's Valuation Jumped 5X to $1.5 Billion in Six Months | Mukund Jha

$64 billion out, $5 billion in? Why LTCG tax cut may not be enough to bring FIIs back

A reassessment of long-term capital gains tax is underway as foreign investors continue their significant selloff from Indian equities. Analysts at JM Financial project that tax relief may yield only $3–5 billion in fresh inflows. This minimal increase may not be sufficient to reverse the current trend of investor exodus amidst concerns over oil prices. India’s tax regime differentiates between dollar and rupee gains, impacting foreign investor returns significantly.

Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costs

Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.

Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand

Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefited from promotional offers and expansion into categories beyond groceries.

Ambani tops Forbes' global billionaire gainers list with $6 bn wealth jump as Reliance shares soar

Mukesh Ambani has become the largest wealth gainer globally, adding USD 6 billion to his fortune. Reliance Industries shares surged 11.6 percent after a favorable quarterly earnings announcement. The company's consolidated net profit increased by 40.6 percent year-on-year, exceeding analysts' expectations significantly. Core earnings for its refining and Jio Platforms businesses experienced significant growth during the quarter. Ambani's wealth rose to USD 88.8 billion, placing him as the richest Indian.

Adani Group to seek $1.5 billion for data center financing

Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.

Anthropic revenue up 12x in Q3, commits $895 billion spending

Anthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billion. The company plans to invest over $895 billion in future computing infrastructure and costs. Despite substantial revenue growth, Anthropic faces a $23.3 billion net loss in the last quarter due to rising expenses. Additionally, AI pricing pressures have impacted revenue growth, resulting in lower earnings.

'A trite provocation': North Korea denies involvement in $6 billion Binance hack, criticizes FBI probe

North Korea has rejected the claims of its involvement in the recent Binance cryptocurrency theft exceeding USD 6 billion. The FBI had accused North Korean hackers of orchestrating the heist, linking it to previous cyber incidents. Kim Yo Jong noted that the US has a history of making such accusations against North Korea.

Anthropic revenue jumps 1,100% ahead of IPO as AI spending commitments near $900 billion

Anthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI company also disclosed a $23.3 billion net loss and nearly $895 billion in spending commitments, raising questions about AI infrastructure costs and investor appetite for its proposed listing.

Binance’s $6.3 billion hack dwarfs Bybit's $ 1.5 billion breach: Is cryptocurrency theft getting bigger?

Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.

Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said.

Ambuja Cements to invest $1.5 billion to raise capacity to 155 MTPA by FY30

Ambuja Cements plans to invest ₹14,500 crore to enhance its cement production capacity by fiscal 2030. The current capacity of 113.5 MTPA is expected to rise to 119 MTPA by March 2027. This expansion will occur across states including Assam, Bihar, and Maharashtra, improving regional manufacturing. The investment aligns with growing infrastructure and housing demands in India. Recent financial reports indicated a 34.

Big tech share buybacks plunge 83% as AI spending hits cash flows

Major US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free cash flow into deficit. The shift raises concerns about shareholder returns and places greater pressure on Big Tech to deliver profit growth from its AI investments.

Cheap stocks aren’t enough: The one trigger FIIs need to return to India

FIIs have pulled nearly $64 billion from Indian equities over the past two years, marking the longest and deepest sell-off in two decades, according to JM Financial. Despite cheaper valuations and an improving earnings outlook, foreign investors remain on the sidelines, with a sustained decline in crude oil prices emerging as a key trigger for their return.

AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI Research

The combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to USD 578 billion by mid-2026, raising concerns over the financial risks linked to the rapid expansion of artificial intelligence infrastructure, according to a report by SBI Research.

Big Tech returns smallest share of cash to shareholders in 15 years, given AI spending

The retreat threatens a long-standing source of support for technology share prices. With companies buying back fewer shares, investors are increasingly dependent on heavy AI investments delivering enough profit growth to justify their valuations.

Trump says US is investigating North Korea over $6.3 billion crypto exchange Binance hack: What traders need to know

Binance hack: President Donald Trump said the US is investigating a possible North Korean link to the $6.3 billion Binance hack, while the exchange pledged to cover losses and confirmed billions in assets had been frozen. Bitcoin fell to around $77,000 as the incident weighed on cryptocurrency prices.

India PE/VC investments jump 45% to $7 billion in September, highest in over two years

Private equity and venture capital investments in India saw significant growth in September 2026. The total investment reached USD 7 billion, marking a substantial increase from August. Large-value deals accounted for 76% of the total investments during the July-September quarter. Despite this growth, the number of deals declined compared to last year. Investors are expected to remain cautious amid economic challenges and inflation pressures.

Binance hack update: Will you lose your Bitcoin? Who stole the money, where has the stolen $6.3 billion gone, and how much has been recovered?

Binance crypto hack news: Binance suffered a massive $6.3 billion cryptocurrency security breach, with investigators linking the attack to North Korea's TraderTraitor hacking group. Around $2.7 billion worth of stolen assets has reportedly been frozen. Here's where the stolen money went, which cryptocurrencies were affected and whether Binance customers risk losing their Bitcoin.

IPL teams score big in the global valuation game

The Indian Premier League's 10 franchises are valued at an average of $1.7 billion each, with a revenue multiple of 22.9 times, the highest among major global sports leagues, according to Sportico. Mumbai Indians lead the rankings at $2.1 billion, followed by Royal Challengers Bengaluru at $1.85 billion. The valuations reflect the league's strong central revenue pool, lucrative media rights and growing investor interest.

Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%

Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology boosted revenue by 4.6% YoY to $5.66 billion, meeting its own guidance range of $5.60-$5.68 billion. In constant currency, or excluding the impact of exchange rate fluctuations, revenue rose 4.8% from a year earlier and 3.3% sequentially.

Jio Platforms breaks into global top 5 telcos after listing

Jio Platforms made its public listing in India, achieving a market cap of $137.3 billion. This valuation positions it as the fifth-largest telecom company worldwide, surpassing Deutsche Telekom. Global competitors like China Mobile and Verizon continue to lead in market capitalization. Jio's valuation reflects its advanced 4G and 5G networks, which differ from legacy infrastructures of global giants.

PayPal raises 2026 profit forecast as turnaround gains traction

PayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significant cost savings through workforce reductions and operational efficiencies. Consumer spending remains strong despite economic challenges, aiding growth in payment volume. Additionally, PayPal expects adjusted profits in the upcoming holiday quarter to exceed Wall Street expectations. The focus on transformation under new leadership aims for sustainable profitability.