Stocks

A Nvidia board member sold around $946.6 million in shares over three transactions between August 31 and September 18, shortly before an independent inquiry into CEO Jensen Huang was initiated. , World News, Times Now

Advanced Micro Devices, Broadcom, Google, Micron, Microsoft and Taiwan are collectively investing $26 billion at an IPO price expected at $70 to $78. Anthropic carries more than $900 billion in remaining obligations, according to filings and partner disclosures. The company must pay Amazon a minimum of $110 billion over a ten-year span and has committed a further $400 billion to other providers for computing infrastructure.

Leo KoGuan said he has invested about US$1.3 billion in Nvidia. He said he will not invest further in the company.

Over the same period, JPMorgan raised its BlackRock bitcoin ETF position by 9.6% to about $540 million. The holding was as of September 30.

Muthoot Fincorp doubled its second-quarter net profit to Rs 779 crore from Rs 388 crore a year earlier, while its gross bad-loan ratio improved to 1.07% despite rising stress across the sector. The gold loan lender, which filed for a Rs 3,000 crore IPO in August, also raised provisions during the quarter to cover credit risks.

Falling crude oil prices, with Brent crude declining around 13 per cent in the first week of November to nearly USD 97 per barrel, easing geopolitical concerns, attractive valuations in select large-cap stocks and improved visibility on domestic earnings also supported the inflows

Alex Gerko, founder of trading firm XTX, put $10m into Anthropic three years ago. At the AI company's proposed IPO valuation of about $1.4tn, the holding could be worth $3.5bn.

Nvidia fell 13% last week, its worst weekly performance since April 2025. Anthropic plans an IPO to raise up to $64.4 billion. The IPO would value Anthropic at about $1.4 trillion.

The MSCI India Index has rebounded 11% from its October low. The advance has added more than $400 billion in market value. It has almost erased this year's losses.

SpaceX (NASDAQ:SPCX) has just achieved something no aerospace company has ever accomplished, successfully returning its Starship spacecraft from...