Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentiment

Published

on

GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentiment
GIFT Nifty was down more than 150 points on Friday, signalling a weak start for Indian equities after a broad sell-off swept through Asian markets amid heavy profit booking in artificial intelligence (AI)-linked stocks.

The weakness followed sharp declines across Asia, with Japan and South Korea leading the losses. Japan’s Nikkei 225 fell 4.5%, while South Korea’s Kospi dropped as much as 6.8%, dragged lower by steep losses in semiconductor giants Samsung Electronics and SK Hynix. Hong Kong’s Hang Seng declined 1.7%, China’s Shanghai Composite lost 1.4% and Taiwan’s Taiex fell 3.6%. Australia was the lone major market to buck the trend, edging higher.

The sell-off came after investors rushed to lock in gains following the strong rally in AI-related stocks over recent months. Market sentiment also weakened after Wall Street ended mixed overnight, with technology stocks coming under pressure despite better-than-expected earnings from chipmakers Qualcomm and Micron Technology. Apple shares also declined sharply after the company announced price increases across several products.

Technology stocks bore the brunt of the selling in Asia. Samsung Electronics dropped 7%, SK Hynix lost 6.6%, while Japan’s SoftBank Group slumped more than 13% and semiconductor equipment maker Advantest fell nearly 11%.

Advertisement

For Indian markets, investors will also keep an eye on key technical levels after Thursday’s volatile session.


According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty remains in a positive short-term trend despite failing to break above a falling trendline on the daily chart.
“The Nifty remained volatile during the session amid the BSE F&O expiry as the index failed to break out above the falling trendline on the daily timeframe. However, the overall trend continues to remain positive, with the index sustaining above the 50-day exponential moving average. The RSI remains in a positive crossover, indicating strengthening momentum. The trend is likely to stay positive as long as the index holds above 23,800, while 24,500 remains the immediate upside target,” he said.The sharp decline in GIFT Nifty suggests domestic markets could open lower, tracking weak global cues and continued caution around richly valued technology stocks.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Stocks to buy in 2026 for long term: Ambuja Cements, SRF among 5 stocks that could give 10-20% return

Published

on

The Economic Times

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Continue Reading

Business

Northland cuts Quantum stock rating on valuation concerns

Published

on


Northland cuts Quantum stock rating on valuation concerns

Continue Reading

Business

Wings, pizza play big part in Casey’s expansion

Published

on

Wings, pizza play big part in Casey’s expansion

The convenience store chain plans to add at least 400 stores.

Continue Reading

Business

Coca-Cola North America president stepping down

Published

on

Coca-Cola North America president stepping down

Jennifer Mann to depart after 29 years at beverage company.

Continue Reading

Business

Benchmark raises J.B. Hunt stock price target on intermodal demand

Published

on


Benchmark raises J.B. Hunt stock price target on intermodal demand

Continue Reading

Business

Evaluating Tech Giants for 2026 Investment

Published

on

US wireless carrier T-Mobile revealed more details of a data breach that affected millions of customers

NEW YORK — As investors look toward 2026, technology giants Nvidia, Amazon, Alphabet and SpaceX represent distinct opportunities across artificial intelligence, cloud computing, search and space exploration sectors.

Each company occupies a unique position in the evolving tech landscape, with different risk profiles, growth drivers and market dynamics. Comparing them requires examining recent performance, strategic direction and industry trends shaping their futures.

Nvidia’s AI Dominance

Nvidia has emerged as the clearest beneficiary of the artificial intelligence boom, with its GPUs powering data centers and training large language models. The company’s market capitalization has grown substantially, reflecting investor enthusiasm for its central role in the AI ecosystem.

Advertisement

Nvidia’s CUDA software platform creates a significant moat, making its hardware the preferred choice for AI development. Continued demand for data center infrastructure supports strong revenue growth projections.

The company’s diversification into automotive, gaming and professional visualization provides additional stability. Its ability to maintain technological leadership in semiconductors will determine long-term success.

Challenges include potential competition from custom chips developed by major tech companies and cyclical semiconductor industry patterns. Nvidia’s execution on next-generation platforms remains crucial.

Amazon’s Cloud Leadership

Advertisement

Amazon continues dominating cloud computing through Amazon Web Services, which provides essential infrastructure for businesses worldwide. AWS maintains significant market share and generates substantial profit margins.

The company’s e-commerce operations, while facing competition, benefit from network effects and logistical advantages. Prime membership and advertising revenue provide diversified income streams.

Amazon’s investments in artificial intelligence and logistics automation position it for continued growth. Its vast data resources and computing power support internal AI development and customer offerings.

Risks include regulatory scrutiny, competitive pressures in retail and execution challenges in new initiatives. Amazon’s ability to balance growth investments with profitability will influence investor sentiment.

Advertisement

Alphabet’s Search and AI Evolution

Alphabet’s Google remains the dominant search engine, generating substantial advertising revenue. The company’s AI initiatives, including Gemini models, aim to maintain leadership in an increasingly competitive landscape.

YouTube continues driving engagement and revenue growth through advertising and subscription models. The platform’s scale provides significant data advantages for AI development.

Alphabet’s “Other Bets” segment includes promising ventures in healthcare, autonomous vehicles and emerging technologies. While currently loss-making, these investments could yield substantial returns.

Advertisement

The company faces ongoing regulatory challenges worldwide, including antitrust concerns. Successful navigation of legal and policy environments will be important for long-term prospects.

SpaceX’s Private Market Position

SpaceX, as a private company, offers exposure through secondary market transactions and potential future public listing. Its Starlink satellite internet service has shown rapid growth and commercial potential.

The company’s reusable rocket technology has transformed space access economics, securing numerous government and commercial contracts. Starship development could enable ambitious missions to the Moon and Mars.

Advertisement

SpaceX’s valuation reflects its leadership in commercial spaceflight and satellite communications. Continued technical achievements and contract wins support its premium positioning.

Risks include technical development challenges, regulatory hurdles and capital requirements for ambitious projects. SpaceX’s success depends on execution across multiple complex programs.

Comparative Analysis

Nvidia offers the most direct AI exposure with proven revenue growth and market leadership. Its position in data center infrastructure provides strong near-term momentum.

Advertisement

Amazon combines cloud computing leadership with diversified consumer businesses, offering stability and growth potential. Its scale and ecosystem advantages provide competitive edges.

Alphabet’s search dominance and YouTube presence generate reliable cash flow while AI investments drive future growth. Regulatory risks represent a notable concern.

SpaceX provides exposure to the rapidly expanding space economy through Starlink and launch services. Its private status limits liquidity but offers potential upside from ambitious long-term vision.

Investment time horizons and risk tolerance should guide allocation decisions. Diversification across these companies could provide balanced exposure to key technology trends.

Advertisement

Market Trends Shaping 2026

Artificial intelligence adoption continues accelerating across industries, benefiting companies with relevant infrastructure and applications. Cloud computing remains essential for digital transformation.

Space economy growth encompasses satellite communications, launch services and exploration. Government contracts and commercial demand support expansion.

Regulatory environments for technology companies evolve globally, affecting business models and investment cases. Successful navigation of policy challenges will be crucial.

Advertisement

Economic conditions, including interest rates and consumer spending, influence technology investment decisions. Companies with strong balance sheets and recurring revenue maintain advantages.

Investment Considerations

Each company presents distinct risk-reward profiles for 2026. Nvidia’s AI momentum offers growth potential with valuation concerns. Amazon’s diversification provides stability with execution risks.

Alphabet’s core businesses generate cash flow while AI development drives optionality. SpaceX’s private status limits accessibility but offers unique space economy exposure.

Advertisement

Portfolio allocation should consider individual circumstances, time horizons and risk tolerance. Professional advice and thorough due diligence remain essential for investment decisions.

The technology sector’s rapid evolution requires continuous monitoring of competitive dynamics and technological developments. Companies demonstrating adaptability and innovation maintain advantages.

As 2026 approaches, these four companies represent significant players in transformative technology trends. Their performance will influence broader market sentiment and sector dynamics.

Advertisement
Continue Reading

Business

Team USA’s Historic World Cup Start Inspires Nation Through Faith and Unity

Published

on

Mia Hamm Voices Concerns Over FIFA's Mandatory Hydration Breaks at

CHICAGO — The United States men’s national team has captured national attention with a strong start to the 2026 World Cup, blending athletic achievement with public expressions of faith that have resonated with American fans.

After winning its first two group stage matches since 1930, the team has advanced to the knockout rounds with momentum and unity. Former professional soccer player and Seattle Sounders chaplain Jesse Bradley highlighted how the squad’s spiritual commitment has contributed to their success and inspired supporters.

Bradley noted the team’s practice of holding Bible studies and prayer sessions following matches. These gatherings have fostered camaraderie and focus among players from diverse backgrounds, creating a cohesive unit on and off the field.

The U.S. team’s performance has coincided with growing popularity of soccer in America. The sport’s surge, fueled by the home World Cup, has brought new audiences to stadiums and screens nationwide.

Advertisement

Team’s Spiritual Foundation

Players have spoken openly about their faith playing a central role in their preparation and performance. The integration of spiritual practices with athletic training has created a holistic approach that emphasizes mental resilience and team bonding.

Bradley emphasized how these faith-based activities have helped the team maintain perspective amid the pressures of international competition. The chaplain’s experience working with professional athletes has shown the positive impact of spiritual support on performance and well-being.

The public nature of the team’s expressions of faith has drawn both praise and discussion. Supporters appreciate the authenticity and values demonstrated by the players, while the approach has sparked broader conversations about faith in sports.

Advertisement

Historic Achievement

The U.S. team’s strong group stage results mark significant progress for American soccer on the world stage. Victories against strong opponents have validated years of investment in player development and infrastructure.

Reaching the knockout rounds with confidence positions the team for deeper runs. The combination of experienced veterans and emerging talent creates a balanced squad capable of competing at the highest levels.

The home advantage of co-hosting the tournament has energized players and fans alike. Large crowds and national support have contributed to the team’s motivation and performance.

Advertisement

Growing Popularity of Soccer

Soccer’s rise in the United States has been accelerated by the 2026 World Cup. Youth participation, professional leagues and grassroots programs have expanded significantly in recent years.

Major League Soccer has grown in stature and viewership, attracting international talent and developing homegrown stars. The league’s success has helped build infrastructure and fan bases across the country.

The World Cup’s presence on American soil has introduced the sport to new audiences. Stadium atmospheres and national team success have created lasting impressions and increased engagement.

Advertisement

Faith in Sports Context

The intersection of faith and athletics has a long tradition in American sports. Many athletes across various disciplines publicly acknowledge spiritual influences on their performance and character.

Team USA’s approach reflects broader trends of athletes seeking meaning and community beyond competition. Faith-based initiatives in professional sports have grown, providing support systems for players facing unique pressures.

Chaplains like Bradley play important roles in supporting athlete well-being and team dynamics. Their work often extends beyond religious services to mentorship and crisis support.

Advertisement

National Unity Through Sport

The U.S. team’s success has transcended typical sports fandom, bringing together Americans from diverse backgrounds. Shared national pride in the team’s achievements has created unifying moments during a polarized time.

Soccer’s multicultural nature mirrors America’s diversity, with players representing various ethnic and cultural heritage. This representation strengthens connections between the team and broader society.

The World Cup’s timing has aligned with summer celebrations, amplifying national interest and participation. Public viewing parties and community events have fostered collective experiences around the tournament.

Advertisement

Looking Ahead

As the knockout stages begin, the U.S. team will face increasingly difficult opponents. Their combination of skill, resilience and unity positions them well for competitive matches.

Continued success could further boost soccer’s popularity and inspire greater investment in American player development. The tournament’s legacy will extend beyond final results to lasting impacts on the sport’s growth.

The team’s public faith has become part of their identity and narrative. This authenticity resonates with many fans seeking positive role models in professional athletics.

Advertisement

Bradley’s perspective as both former player and chaplain provides valuable insight into the team’s dynamics. His observations highlight how spiritual elements contribute to performance and team cohesion.

The 2026 World Cup represents a milestone for American soccer. The national team’s strong showing validates years of development and creates excitement for future international competitions.

As the tournament progresses, Team USA’s journey will continue captivating audiences. Their blend of athletic excellence and spiritual commitment offers an inspiring story for the nation.

Advertisement
Continue Reading

Business

Up to 42% upside! 9 stocks Jefferies, Motilal Oswal, others started coverage on. Do you own any?

Published

on

The Economic Times

Brokerages have initiated fresh coverage on several Indian stocks across metals, textiles, engineering and luxury retail, with mostly Buy ratings and double-digit upside targets. Firms like Meesho, Vedanta Aluminium, GE Vernova T&D and Welspun Living are seen as key beneficiaries of sectoral growth and structural demand trends.

Continue Reading

Business

ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?

Published

on

The Economic Times

FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC, Dabur and Godrej Consumer Products saw sharp declines, while Hindustan Unilever and Colgate-Palmolive showed relative resilience.

Continue Reading

Business

How I'd Retire On $1.2 Million Without Chasing Yield

Published

on

How I'd Retire On $1.2 Million Without Chasing Yield

How I'd Retire On $1.2 Million Without Chasing Yield

Continue Reading

Trending

Copyright © 2025