CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally
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MSME rules next month, focus on global value chains
The MSME ministry is set to announce new regulations for small businesses next month. These amendments focus on improving invoice financing through the Trade Receivables Discounting System, ultimately aiming to bolster cost efficiency and global competitiveness.
Commodity FX: Growth constraints cap carry – BNY
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US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimism
US stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectations that the Federal Reserve will hold interest rates steady. CoreWeave and other AI firms reported upbeat quarterly results, boosting their stock prices.