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Industrial Production Decreased 0.6% in July
by Calculated Risk on 8/15/2024 09:15:00 AM From the Fed: Industrial Production and Capacity Utilization Industrial production fell 0.6 percent in July after increasing 0.3 percent in June. Early July shutdowns concentrated in the petrochemical and related industries due to Hurricane Beryl held down the growth of industrial production by an estimated 0.3 percentage point….
Lenskart GMP crashes to zero, wiping out all pre-listing buzz ahead of Monday debut
The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all pre-listing excitement ahead of its market debut on Monday. The GMP, which had peaked at Rs 108, implying a listing pop of over 25% before the announcement of the IPO, has now collapsed, signalling that the counter may…
Airtel, Google Team Up for AI Spam Filter
March 2, 2026March 2, 2026 Bharti Airtel has teamed up with Google to strengthen spam protection for customers. Together, they are extending AI-powered filtering tools to text messages sent through Google’s Rich Communications Services (RCS) platform. The move aims to curb rising digital fraud and spam, especially messages containing…
If You’re Worried About an AI Bubble, Buy This Stock Instead
If you’ve tuned into your favourite financial news show, you’ve probably heard the term “AI bubble” being thrown around from left, right, and centre. Indeed, it’s pretty unnerving to hear that such a revolutionary technology might be overhyped in the near term. And with various “warning signs,” (or at least what some would deem as…
