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OpenAI Secures $200 Million Deal with US Defense Department for AI Pilot Program
June 17, 2025June 17, 2025 OpenAI has landed a $200 million contract with the US Defence Department for a pilot program. This program explores the use of artificial intelligence across military operations and administration. This marks a significant milestone for OpenAI for Government, the company’s newly formed division dedicated…
Dee Development Shares Skyrocket 15% on Securing $40 Million Order
February 20, 2026February 20, 2026 Shares of Dee Development Engineers Ltd skyrocketed 15% on 20 February after the company received a $40 million order from an international entity to supply HRSG piping for 16 units. In an exchange filing, the business stated that it had…
Biocon Shares Slip 4% on Launching Liraglutide in the UK – Equitypandit
February 28, 2025February 28, 2025 Shares of Biocon Ltd slipped 4% on Friday, 28 February, after the company announced that their Glucagon-like Peptide-1 (GLP-1) equivalent, Liraglutide, would be made available in the United Kingdom. The Liraglutide drug will be used to treat diabetes and obesity. With this launch, Biocon…
Sinking profits bring reality check to AI-driven rally in emerging market stocks
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half…
Sensex falls! But these stocks are up over 10% on BSE
NEW DELHI: Quite a few stocks rose in excess of 10% on BSE as domestic equity indices, BSE Sensex and NSE Nifty, traded in the red on Wednesday amid selling in frontline bluechip counters. Stocks that rallied over 10% included, Deco-Mica Ltd(14.30%), Precision Camshaft(13.16%), Thacker Co(12.83%), OCCL Ltd.(11.41%), KSE Ltd(11.40%), ASM Tech(10.58%), Khandelwal Extr(10.54%), Techno…
Asian shares decline, tech weighs on US futures
Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve rate cuts. Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft…
