Business
Kelly Services, Inc. (KELYA) Shareholder/Analyst Call – Slideshow
Business
FII ownership hits 14-year low to 14.7%; DII cushions Indian markets with 18.9% rise: Report
However, as per the report, domestic Institutional Investor (DII) ownership has concurrently risen over the years, reaching 18.9 per cent. This shift highlighted a significant transformation in the market’s holding structure as domestic mutual funds reached a record-high share of domestic equity holdings, a trend fuelled by consistent Systematic Investment Plan (SIP) inflows.
In what the report characterised as a near-perfect counter-absorption, DIIs increased their stake in 39 out of 41 Nifty stocks where FIIs sold. This movement indicated that domestic institutions were acting as a systematic buyer of every FII exit. The breadth of this retreat is reflected in the fact that over the past three years, 41 out of 50 Nifty-50 stocks saw net FII selling, signaling a macro-level decision to reduce India allocation.
“The 12-month FII flow data reveals a market where selling has been the dominant theme, with 10 out of 16 sectors recording net outflows over the period. The bleeding is most severe in IT (-USD 9,222 mn), BFSI (-USD 6,056 mn) and FMCG (-USD 3,744 mn)–three sectors that collectively account for a disproportionate share of Nifty weightage, explaining why index-level FII ownership has been declining steadily,” the report said.
The JMFS report noted that March 2026 stood out as a particularly brutal month, with the Banking, Financial Services, and Insurance (BFSI) sector alone seeing USD 6,488 million of outflows. Furthermore, the IT sector experienced persistent outflows across almost every single month with no meaningful recovery month recorded during the period.
“The sectoral shift is clear: FIIs are moving toward earnings-resilient, globally comparable sectors (Communication Services, Healthcare) and away from domestic consumption, commodities, and rate-sensitive financials,” the report mentioned.
Despite the general exits from consumption and financials, steady inflows into Capital Goods (+USD 2,894 million) suggested continued FII conviction in the manufacturing and infrastructure cycle. Telecom also recorded a net positive inflow of USD 2,914 million despite some weak months. In April 2026 specifically, the Power sector clocked FII inflows of USD 584 million, followed by Capital Goods at USD 455 million and metals at USD 126 million. “Notable companies experiencing high FII selling by percentage change include KPIT Technologies (-12.9%), Axis Bank (-11.7%), and Patanjali Foods (-10.9%). Conversely, FIIs increased stakes selectively in companies like 360 ONE (+22.8%), GE Vernova T&D (+17.8%), and One 97 (+7.9%),” the report highlighted.
The report emphasised that some of the strongest earnings per share compounders are witnessing the heaviest FII selling, indicating that these exits are not driven solely by earnings growth.
Business
Analysis-Trump’s feuds, tensions with allies likely to outlast Iran war

Analysis-Trump’s feuds, tensions with allies likely to outlast Iran war
Business
Wordle Answer for May 9, 2026 Revealed as ‘QUILT’ With Fresh Hints Sparking Textile Buzz
NEW YORK — The New York Times’ Wordle puzzle for Friday, May 9, 2026 — puzzle number 1785 — has the solution QUILT, a cozy five-letter noun that left many solvers reaching for household imagery and textile terms as they worked through their six attempts. The word features two vowels (U and I), three consonants, no repeated letters, and follows a common consonant-vowel pattern that rewarded strategic early guesses.
Players who started their morning with the daily brain-teaser encountered a relatively approachable but not overly obvious word. “QUILT” refers to a padded bed covering, often made with intricate stitching and layers of fabric — a term that feels both everyday and slightly elevated for Wordle’s vocabulary range. The puzzle rewarded solvers who tested common letter combinations early and pivoted toward household or fabric-related vocabulary when initial guesses didn’t yield many greens.
Social media quickly filled with shared grids, celebration emojis and light-hearted complaints from those who needed five or six attempts. Many noted that the word felt seasonal, aligning with spring cleaning and home refresh trends, while others admitted they overthought it by chasing more obscure five-letter options before landing on the correct answer.
Today’s Hints and Solving Strategy
For players seeking guidance without full spoilers, effective strategies that worked well on May 9 included:
- Opening with strong vowel-heavy starters such as “AUDIO,” “HOUSE” or “RAISE” to quickly identify the U and I.
- Focusing on common consonant clusters after the first two guesses.
- Considering household or fabric-related words when common options failed.
- Remembering that “QUILT” has no repeated letters, which narrowed possibilities significantly by guess four for many players.
The answer “QUILT” perfectly captures Wordle’s blend of accessibility and occasional curveballs. It’s a word most people know but don’t use daily, testing vocabulary depth while remaining fair. In a broader sense, it connects to themes of comfort, craftsmanship and home — topics that resonate strongly with players across generations.
Wordle’s Enduring Popularity in 2026
Now in its fifth year under The New York Times, Wordle continues to maintain massive daily engagement with its simple green-yellow-gray feedback system. Puzzle 1785 continues the tradition of mixing common and occasional less-familiar words, keeping both veterans sharp and newcomers hooked. The game’s streak feature remains a major draw, with millions competing to maintain long win streaks.
On May 9, social platforms buzzed with shared results, frustration emojis and victory dances. Some players noted the textile theme aligned nicely with spring cleaning trends, adding a timely cultural layer to the puzzle. Others used the word as inspiration for light-hearted memes about unfinished home projects.
For those building or protecting streaks, experts recommend balanced starting words, tracking eliminated letters, and learning from past puzzles. Sites like Try Hard Guides and CNET provide daily recaps without spoiling future games for purists who prefer solving unaided.
Why ‘QUILT’ Stumped Many
Unlike ultra-common five-letter words, “QUILT” sits just outside everyday conversation for most people. Its rarity tested vocabulary breadth while rewarding practical, home-oriented thinking. Solvers who recalled sewing, bedding or craft projects had a distinct edge, highlighting Wordle’s subtle educational value.
Community forums filled with discussions comparing today’s puzzle to other tricky textile or household-themed answers from past months. The game’s design ensures broad accessibility — anyone can play for free — while offering enough challenge to spark conversation and friendly competition. Parents reported using it as a family activity, with children learning new words alongside adults.
Broader Impact and Related Games
Wordle’s success has spawned numerous companion games. Many players pair it with NYT Connections, Spelling Bee or the Mini Crossword for a complete morning brain workout. On May 9, Connections also trended alongside Wordle discussions, creating a full daily NYT Games ritual for millions.
The puzzle’s creator, Josh Wardle, originally designed it as a gift for his partner. Its viral spread and subsequent sale to The New York Times have made it a cultural staple, with millions logging in daily across time zones. The Times maintains a clean, no-ads experience that preserves the game’s original charm.
Tips for Future Wordle Success
Veteran players shared these strategies on May 9:
- Track vowel placement early and test common consonants systematically.
- Use elimination logic rigorously — one misplaced letter can rule out dozens of options.
- Learn common letter patterns and word families (especially household and fabric terms).
- Don’t fear slightly uncommon words; they appear regularly in the rotation.
- Celebrate learning: even losses expand vocabulary and improve pattern recognition.
For tomorrow’s puzzle and beyond, resources abound without spoiling the fun. Archives allow catching up on missed days, though purists prefer fresh daily challenges.
Cultural Phenomenon Endures
In an era of short attention spans, Wordle’s five-minute commitment and shareable results keep it relevant. On May 9, 2026, “QUILT” joined the pantheon of memorable answers that blend challenge with discovery. Whether solved in two tries or requiring the full six, it delivered the satisfying click of green tiles that fans crave.
As the day progresses, conversations will shift to tomorrow’s word while today’s solvers reflect on their performance. For many, “QUILT” serves as a reminder of the joy in mental exercise and shared experiences in our digital age.
Wordle continues proving that simple ideas, executed well, can captivate global audiences year after year. Whether you’re a daily streak holder or an occasional player, today’s puzzle offered a perfect mix of accessibility and depth — with a warm, comforting textile twist that left many reaching for more knowledge long after submitting their final guess.
Business
Leggett & Platt: M&A Deal Signed, Low But Offers A 10-15% Premium
Leggett & Platt: M&A Deal Signed, Low But Offers A 10-15% Premium
Business
NYT Connections Answers for May 9, 2026 Revealed as Puzzle #1063 With Clever Music and Nature Themes
NEW YORK — The New York Times Connections puzzle for Saturday, May 9, 2026 — No. 1063 — delivered a satisfying mix of musical instruments, weather phenomena, types of clouds and classic rock bands, challenging players to find the perfect groupings while sparking lively discussion on social media about the difficulty of the purple category.
The 16 words in today’s grid were: DRUM, GUITAR, PIANO, VIOLIN, CUMULUS, STRATUS, CIRRUS, NIMBUS, THUNDER, LIGHTNING, HAIL, TORNADO, QUEEN, FLEETWOOD, JOURNEY, KISS.
Yellow (Easiest): Musical Instruments DRUM, GUITAR, PIANO, VIOLIN
These are four classic musical instruments. This category was the most straightforward for most solvers and typically solved first.
Green: Types of Clouds CUMULUS, STRATUS, CIRRUS, NIMBUS
These are the four main cloud classifications in meteorology. Many players noted this as a nice educational touch, especially with spring weather patterns in the news.
Blue: Severe Weather Phenomena THUNDER, LIGHTNING, HAIL, TORNADO
These represent dangerous elements commonly associated with powerful storms. The grouping tested knowledge of meteorology and extreme weather events.
Purple (Hardest): Classic Rock Band Names QUEEN, FLEETWOOD, JOURNEY, KISS
Removing one word from each creates famous rock band names: Queen, Fleetwood Mac, Journey, Kiss. This category rewarded music knowledge and lateral thinking, causing the most difficulty for many players.
Hints and Solving Strategies
For players who prefer gentle guidance, strong starting strategies on May 9 included scanning for obvious musical instruments and weather-related terms. The purple category proved particularly tricky, requiring solvers to think beyond the literal words and consider famous band names. Experienced players recommend grouping clear pairs first, then testing remaining connections systematically while avoiding more than four mistakes.
The puzzle earned a moderate-to-hard difficulty rating, with the purple group causing the majority of stumbles. Many shared that once they spotted the rock band connection, the rest fell into place quickly.
Connections’ Growing Popularity in 2026
Since its debut, Connections has become a beloved morning ritual for millions alongside Wordle and the Mini Crossword. The game’s appeal lies in its perfect balance of logic, vocabulary, pop culture and wordplay. Puzzle No. 1063 exemplified this mix, blending music, science and classic rock nostalgia in an engaging way.
Social media platforms lit up Friday evening and Saturday morning with shared grids, frustration over the purple category and praise for the clever rock band twist. Hashtags like #NYTConnections and #Connections1063 trended as players compared streaks and solving times. Some reported perfect games, while others needed all six guesses.
The New York Times continues refining the game with careful curation to maintain accessibility while offering escalating challenge. Categories range from straightforward associations (yellow) to abstract or pun-heavy links (purple), ensuring broad appeal across ages and backgrounds.
Why Today’s Puzzle Resonated
The musical instruments and cloud types categories felt educational and approachable. The severe weather grouping tested practical knowledge, while the classic rock bands category delighted music fans but frustrated those less familiar with 1970s and 1980s bands. Many players noted the puzzle had a nice “spring storm” seasonal feel with the weather themes.
Parents and educators appreciate Connections for building vocabulary, pattern recognition and cultural knowledge in an entertaining format. Many use it as a family activity or classroom warm-up, fostering discussion around language nuances and shared references.
Tips for Mastering Connections
Veteran players offered these strategies for May 9 and beyond:
- Look for proper nouns or capitalized phrases that might signal brands, titles or band names.
- Consider multiple meanings — words like “kiss” can be literal or part of a band name.
- Group by obvious themes like music or weather early.
- Save riskier guesses for later when fewer options remain.
- Learn from mistakes: review solved puzzles to spot patterns for future days.
For those building streaks, consistency and a calm approach help. Resources like the official NYT companion or independent hint sites provide gentle nudges without full reveals for purists.
Broader NYT Games Ecosystem
Connections complements other NYT offerings like Wordle, Spelling Bee, Strands and the Mini Crossword, creating a robust daily brain-training routine. Many subscribers start their mornings with the full suite, sharing results across platforms and competing with friends.
The game’s design encourages replayability and community without paywalls for basic access, though subscribers gain additional features and archives. Its popularity reflects growing interest in mental fitness and shared online experiences in an increasingly digital world.
As May 9 unfolded, conversations shifted toward tomorrow’s puzzle while today’s solvers reflected on their performance. Whether achieving a perfect solve or learning new connections, Puzzle #1063 delivered the satisfying “aha” moments that keep players returning daily.
Connections continues proving that word games can be both challenging and joyful, fostering curiosity and clever thinking one puzzle at a time. For fans, today’s mix of music, weather, storms and classic rock offered a memorable ride through language and culture.
Business
China April exports rebound strongly after sluggish March, trade surplus widens

China April exports rebound strongly after sluggish March, trade surplus widens
Business
China’s gold output drops in Q1 as investment demand hits new peaks

China’s gold output drops in Q1 as investment demand hits new peaks
Business
NVIDIA Stock Climbs 1.76% to $215 as AI Chip Demand Powers Continued Market Dominance
NEW YORK — NVIDIA Corp. (NASDAQ: NVDA) shares rose 1.76% on Thursday to close at $215.22, extending the semiconductor giant’s strong performance in 2026 as insatiable demand for its artificial intelligence processors continued to drive record revenue and reinforce its position as the clear leader in the AI infrastructure boom. The stock added $3.72 for the day, reflecting sustained investor confidence even as broader market rotation created some volatility in big technology names.
The modest gain came on solid volume as NVIDIA once again demonstrated its pivotal role in powering the generative AI revolution. The company’s data center segment, dominated by its H100, H200 and Blackwell series GPUs, remains the primary growth engine. Analysts noted that hyperscalers and enterprise customers continue placing massive orders, with supply constraints still supporting premium pricing and high margins.
NVIDIA has been one of the best-performing large-cap stocks of the past several years. Even after significant gains in prior periods, the stock has continued climbing in 2026 on the back of strong earnings beats and optimistic guidance. The latest quarterly results showed data center revenue more than doubling year-over-year, with gross margins remaining exceptionally healthy despite increased production scale.
AI Supercycle Remains Intact
CEO Jensen Huang has repeatedly described the current period as the “beginning of the AI industrial revolution.” Demand for accelerated computing continues to outstrip supply, with new Blackwell architecture GPUs already seeing strong pre-orders from major cloud providers. NVIDIA’s full-stack approach — combining hardware, software (CUDA), and networking (InfiniBand and Ethernet) — gives it a significant competitive moat that competitors are struggling to match.
Enterprise adoption of AI is accelerating beyond hyperscalers into traditional industries including healthcare, automotive, financial services and manufacturing. This broadening use case supports analysts’ view that NVIDIA’s growth runway remains very long. Several major investment banks recently raised price targets, citing sustained AI capital expenditure trends through at least 2028.
Analyst Sentiment Stays Strongly Bullish
Wall Street remains overwhelmingly positive on NVIDIA. The consensus rating is Strong Buy, with an average 12-month price target well above current levels. Optimistic forecasts see the stock reaching $300 or higher within the next year if AI momentum continues. Even more cautious analysts acknowledge NVIDIA’s dominant market share in AI accelerators and its expanding software ecosystem.
The stock trades at a premium valuation on traditional metrics, but forward price-to-earnings and price-to-sales multiples are considered reasonable when factoring in projected earnings growth rates exceeding 40% annually in coming years. NVIDIA’s ability to convert revenue into exceptionally high free cash flow further supports its premium pricing.
Risks and Market Context
While enthusiasm is high, potential risks remain. Increased competition from AMD, Intel, and custom silicon developed by hyperscalers could eventually pressure margins. Any slowdown in AI spending by major tech companies would also impact results. Geopolitical tensions, particularly around Taiwan and export restrictions to China, represent ongoing supply chain risks.
Thursday’s trading occurred amid a broader market session where the S&P 500 and Nasdaq also posted gains. Technology and communication services sectors led the advance, reflecting continued investor appetite for growth stocks tied to transformative technologies.
Long-Term Outlook Remains Bright
Looking further into 2026 and beyond, NVIDIA is expected to benefit from multiple waves of AI development — training, inference, agentic systems and physical AI/robotics. The company’s investment in CUDA and its full AI software stack creates significant switching costs for customers, reinforcing long-term leadership.
NVIDIA has also been expanding into automotive (self-driving), professional visualization, and gaming, providing diversification beyond data centers. Its recent moves into sovereign AI infrastructure and partnerships with national governments add another growth vector.
For investors, NVIDIA continues to represent one of the purest and most powerful ways to gain exposure to the artificial intelligence megatrend. The stock suits growth-oriented portfolios comfortable with technology volatility. Those already holding shares have strong reasons to maintain positions, while new buyers may view periodic pullbacks as opportunities to build stakes in a company that has consistently delivered exceptional returns.
As trading concluded Thursday, NVIDIA’s advance reflected a market that continues to reward companies at the center of the AI transformation. Whether the stock pushes to new highs in coming sessions or consolidates after its recent run, the underlying momentum suggests investors retain strong conviction in NVIDIA’s ability to capitalize on the massive technological shift underway.
The company’s transformation from a graphics chip specialist to the indispensable enabler of modern AI continues to reward shareholders who understood its potential early. In 2026, with AI adoption accelerating across industries and geographies, NVIDIA appears well-positioned to maintain its leadership and deliver further value creation for investors in the years ahead.
Business
Kidnapping Mystery Deepens as Profilers Suggest Suspect May Be Dead
TUCSON, Ariz. — Three months after 84-year-old Nancy Guthrie vanished from her Catalina Foothills home in a suspected abduction, the investigation has taken a grim turn as criminal profilers and law enforcement sources increasingly believe her kidnapper may no longer be alive, complicating efforts to locate the mother of NBC “Today” co-anchor Savannah Guthrie.

The case, which has captivated the nation, remains active with no arrests and no definitive proof of life or death. Security footage captured a masked individual approaching Nancy’s door around the time of her disappearance on Feb. 1. Blood evidence, a disabled Ring camera and signs of a struggle pointed to foul play rather than a voluntary departure. Despite thousands of tips and extensive searches, authorities have not publicly named a suspect.
Forensic nurse and criminal profiler Dr. Ann Burgess, featured in a recent NewsNation special, suggested the person seen on doorbell camera footage may have been killed shortly after the encounter. Other experts, including retired FBI agents, have echoed the possibility that the perpetrator is deceased, which would explain the lack of ransom demands or further communication.
Pima County Sheriff’s Office and the FBI continue joint efforts, though public friction between agencies has surfaced. FBI Director Kash Patel criticized early coordination, claiming the bureau was initially kept out for several days. Sheriff Chris Nanos has pushed back, insisting collaboration has improved and the investigation remains a top priority.
A rootless hair sample and potential glove DNA recovered from the home were sent to the FBI lab in Quantico for advanced testing. Genetic genealogy analysis offers hope for a breakthrough even without a traditional database hit. Multiple ransom-style notes sent to media outlets have been deemed likely hoaxes by experts, adding confusion to the probe.
Savannah Guthrie has shown remarkable strength, returning to the “Today” show while advocating for information about her mother. She briefly stepped away from the broadcast earlier this week amid emotional strain but resumed duties the next day. The family has offered a $1 million reward for information leading to Nancy’s safe return.
The unrelated discovery of ancient human bones near the home earlier this week briefly sparked online speculation before forensic analysis ruled them out. The incident highlighted the challenges of searching Arizona’s desert terrain, where old remains frequently surface.
Community Support and National Attention
The Catalina Foothills neighborhood remains on edge, with yellow ribbons symbolizing hope displayed prominently. Neighbors and the broader Tucson community have participated in searches and vigils. National media coverage, fueled by Savannah Guthrie’s platform, has kept the case in the spotlight while the family urges focus on verified facts rather than speculation.
Elizabeth Smart, the abduction survivor who was held captive for nine months in 2002, has publicly expressed hope that Nancy could still be alive. Drawing from her own experience, Smart urged the family and public to maintain hope until definitive proof emerges. She has privately offered support and continues advocating for better missing persons protocols, especially for elderly victims.
Investigation Challenges and Theories
Behavioral profilers have speculated the perpetrator may have sought fame or had some personal connection to the victim. The brazen nature of the crime in a secure community has puzzled investigators. Some experts believe it began as a burglary that escalated, while others suggest possible retribution motives.
The case has exposed occasional tensions between local and federal agencies. Despite public disagreements, officials say joint efforts have improved, with hundreds of law enforcement personnel dedicated to the investigation as it enters its fourth month.
No proof of life has emerged in more than 95 days. Authorities continue operating under the assumption Nancy could be found alive while preparing the family for all possibilities. Door-to-door canvassing, expanded surveillance reviews and public appeals have generated thousands of tips, but concrete leads remain elusive.
Family’s Resilience Amid Uncertainty
Savannah Guthrie and her family continue balancing public advocacy with private grief. The emotional toll has been evident, yet Savannah has returned to her anchoring duties, wearing yellow — a color of hope — during appearances. The family has five children between them and is navigating the ordeal while trying to maintain normalcy for the younger ones.
Friends and former colleagues have rallied around them. Hoda Kotb, a close confidante, has been vocal in her support. The “Today” family has worn ribbons and displayed symbols of hope on air at times.
Path Forward and Public Appeal
Forensic experts say advanced DNA techniques, including genetic genealogy, remain the strongest hope for resolution. The involvement of elite labs and profilers underscores the case’s priority. As testing progresses, authorities balance optimism with realism.
Police have renewed their plea for tips, stressing the investigation will remain active until Nancy is located or all leads exhausted. Speculation about the suspect’s possible death or relocation adds urgency to forensic breakthroughs.
The disappearance of Nancy Guthrie has highlighted vulnerabilities even in protected communities and the enduring power of hope in the face of uncertainty. Whether the case ends in a joyful reunion or brings closure through other means, it has already left an indelible mark on those following the story — a testament to one family’s resilience and a community’s determination to bring answers home.
As the search enters its fourth month, the Guthrie family and investigators refuse to give up. For now, the focus remains on Nancy — a mother, grandmother and beloved community member — and the unyielding hope for her safe return or the truth that brings peace.
Business
Nvidia (NVDA): The Industrial Planner Of The AI Age
Robert Way/iStock Editorial via Getty Images
For twenty years, the market learned to value tech through software instincts: users, APIs, developers, distribution, network effects, gross margins. But AI breaks that mental model because AI is not just software. AI is throughput. And throughput is physical.
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