Over 500% jump! Why CXMT skyrocketed on stock market debut to become China’s most valuable listed company

CXMT is China’s leading producer of dynamic random-access memory (DRAM) chips. (Reuters photo) A Chinese company has just debuted on the stock market with a 500% gain after raising a record number in Asia’s biggest public offering so far this year. Meet China’s CXMT – it’s the country’s most valuable listed company – a chipmaker…

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Discount, premium, discount, premium: How Russian crude prices swung as India stepped up procurement amid US-Iran war

Before the war, Russian oil was available at discounts of around $2 per barrel. Russian oil which remained the mainstay of India’s crude procurement strategy since the US-Iran conflict began has swung from being available at high premiums to discounts and back at premiums again as the Middle East conflict situation has evolved.The conflict in…

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Stocks to buy: What’s the outlook for Nifty for July 27-July 31 week? Check list of top stock recommendations

Stock market recommendations: Hindustan Aeronautics Ltd (HAL), and United Spirits Ltd have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy this week starting July 27, 2026. He has also shared his views on Nifty and Bank Nifty: Stock recommendations: Hindustan Aeronautics LtdHAL has delivered…

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Gold price prediction today: Gold rises, but will the upside be limited? Check outlook for July 27, 2026 week

Technically, gold appears to be forming a base after the recent decline, with buyers gradually regaining control. Gold price prediction today: Gold prices have staged a recovery as geopolitical tensions show signs of abating, but the gains are likely to be limited ahead of the US Federal Reserve’s policy this week, says Manav Modi, Senior…

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Cheaper, open, intelligent: Chinese AI models gain ground, as they make inroads in the US

A booth for Chinese AI Startup Moonshot’s Kimi K3 during the World AI Conference in Shanghai HONG KONG: China has a hot new product in the United States: artificial intelligence.San Francisco-based Raffi Krikorian, the chief technology officer at Mozilla, which runs the Firefox browser, switched to Chinese AI startup Moonshot’s Kimi K3 for many of…

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Ipo Rush 2026: IPO buzz: Over a dozen companies set to raise Rs 25,000 crore in August

NEW DELHI: Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket, gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS)…

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