AMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position against Nvidia while helping Anthropic secure critical computing capacity to meet rising AI demand through owned and cloud-based infrastructure.
Indian markets ended lower amid geopolitical tensions and inflation concerns, but analysts remain bullish on select stocks. Seven recommendations, including Bajaj Auto, Bosch and Asian Paints, highlight strong technical setups and continuation patterns, suggesting potential upside despite broader market volatility and cautious investor sentiment.
U.S. markets opened mixed as Nasdaq and S&P 500 slipped on chip stock weakness, while Dow edged higher. Investors remained cautious ahead of key Big Tech earnings, with focus on whether AI-driven momentum can sustain. Semiconductor pressure and earnings uncertainty kept overall sentiment fragile at the open.
The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank also implemented policy measures to encourage dollar inflows into India.
Despite the Sensex falling 715 points amid cautious market sentiment, five BSE 100 stocks—IndusInd Bank, Bajaj Auto, Federal Bank, Titan and Nestle India—scaled fresh 52-week highs, reflecting sustained buying interest, improving investor confidence and strong price momentum despite broader market weakness.
Bill Gates’ equity portfolio has delivered strong gains in 2026, with several holdings rising over 25% year to date. Stocks such as Caterpillar, Madison Square Garden Sports and FedEx have led the rally, reflecting strength across industrial, logistics and entertainment sectors, according to Trendlyne data.
AT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its share buyback program this year. Revenue and income from continuing operations saw year-on-year increases. AT&T added over one million advanced connectivity customers during the quarter. The telecom giant reiterated its financial guidance through 2028.
IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritised portfolio quality and disciplined growth.
The healthcare sector anticipates strong growth in domestic formulations and emerging markets. Companies with less US generics dependence will likely see broad-based growth. Specialty products and biosimilars are expected to be key growth drivers. Hospitals are projected to continue outperforming with capacity additions and improving occupancy. Margins may contract due to higher costs and new facility ramp-up expenses.
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