Citrini research: S&P 500 to drop 38% from 2026 highs by June 2028

In a sweeping and provocative macro-analysis titled “The 2028 Global Intelligence Crisis,” Citrini Research has outlined a sobering vision of a financial future where the very success of Artificial Intelligence becomes the primary engine of economic instability. The report, co-authored by Alap Shah, suggests that by June 2028, the global economy may be caught in […]

IDFC First Bank shares slump after ₹590 crore fraud disclosure

Shares of India’s IDFC First Bank declined sharply on February 23 after the lender disclosed a fraud involving accounts linked to the Haryana government, triggering investor concerns and regulatory scrutiny. The private sector lender’s stock fell 20% to hit a lower circuit at ₹66.80. At the time of writing, the shares were trading at ₹69.53. […]

Morning brief: Asia markets rise, Bitcoin drops below $65K

On Monday, Equity markets in Asia showed uneven reactions to renewed US tariff actions, European officials pressed Washington for clarity after a court ruling on trade policy, negotiations between the United States and Iran continued amid military tensions, and cryptocurrencies weakened as risk aversion rose. Asian markets rise after tariff ruling Asia-Pacific markets gained after […]

Trump unveils Tech Corps to drive US AI dominance overseas

The White House has introduced a new Tech Corps within the Peace Corps as President Trump moves to strengthen American influence in global artificial intelligence markets. The initiative links US technology exports with one of Washington’s most established soft power institutions. It comes as competition with China over advanced technologies intensifies, particularly in developing economies […]

Novo stock drops 15% as obesity drug falls short in key trial

Shares of Novo Nordisk fell sharply after the company said its next-generation obesity drug CagriSema delivered weaker weight-loss results than a rival treatment from Eli Lilly and Company. Novo said on Monday that patients treated with a standard dose of CagriSema achieved average weight loss of 20.2% after 84 weeks, compared with 23.6% for Lilly’s […]