Topic
market-cap
Business Four of Top 10 Firms Add Rs 1.43 Lakh Crore; SBI Leads Gains
Indian markets ended the week higher, with four of the ten most valued companies adding Rs 1.43 lakh crore to their market capitalisation. State Bank of India led with a Rs 63,922.03 crore gain, while Reliance Industries, TCS and L&T also advanced; six other top-10 firms lost Rs 1.23 lakh crore combined.
Finance Amazon crosses $3 trillion market cap as AI and cloud growth power record stock rally
Amazon's market capitalisation crossed $3 trillion for the first time on Monday, with shares up 5.5% at a record $286.20, according to Business Today. The rally follows the company's fastest cloud revenue growth in over four years and a higher annual capital expenditure forecast. Amazon now joins Apple, Microsoft, Alphabet and Nvidia above the $3 trillion threshold, while Nvidia approaches $5 trillion.
Business Market Recap: Top-10 Firms Add Rs 2.51 Lakh Crore; Bajaj Finance Biggest Winner
India's top-10 most-valued companies added Rs 2.51 lakh crore in market capitalisation last week, with Bajaj Finance the biggest gainer after its June-quarter earnings. Nine of the ten firms ended higher, while Hindustan Unilever was the sole decliner. The BSE Sensex rose 2.67% and the Nifty gained 2.59% during the week.
Business Top-5 Valued Firms Add Rs 1.54 Lakh Crore in Market Cap; TCS Emerges Biggest Gainer
Five of India's 10 most-valued companies added Rs 1.54 lakh crore to their market capitalisation last week. TCS was the biggest gainer, adding Rs 72,072 crore after reporting a 4.61% rise in June-quarter net profit. The rally was driven by encouraging IT sector earnings and renewed buying in financial stocks.
Finance JPMorgan Chase on Track to Become World's First Bank With $1 Trillion Valuation
JPMorgan Chase shares hit a record high after posting the highest quarterly profit ever by a US bank, lifting its market capitalisation to around $919 billion. Analysts say the bank is within striking distance of becoming the world's first bank with a $1 trillion valuation, joining tech giants Tesla, Meta and Broadcom.
Business Micron overtakes Meta in market value as AI boom fuels rally
Micron Technology's market capitalization surpassed Meta Platforms and Tesla on Thursday, driven by a strong fourth-quarter forecast and $22 billion in customer commitments for AI memory chips. The rally reflects surging demand for memory and storage products powering artificial intelligence systems.
Technology How SK Hynix's 14-year bet on AI chips made it South Korea's most valuable company
SK Hynix overtook Samsung Electronics to briefly become South Korea's most valuable listed company, driven by an early bet on high-bandwidth memory (HBM) chips essential for AI servers. The turnaround began with SK Group's 2012 acquisition and culminated in record profits after ChatGPT triggered an AI investment boom.
Business Tata Consumer Products Crosses Rs 20,000 Crore Revenue, Eyes 25% Annual Growth From Acquisitions
Tata Consumer Products has surpassed Rs 20,000 crore in annual revenue. Chairman N Chandrasekaran said acquisitions Capital Foods, Soulfull and Organic India are expected to grow 25% per year. The Tata Starbucks joint venture turned profitable in FY26 and plans to add 50–100 stores annually.
Business Nvidia's $330 Billion Market Cap Drop: A Closer Look
Nvidia's market cap fell by nearly $330 billion in a single day, triggered by Broadcom's weaker-than-expected guidance. The drop highlights investor concerns over AI growth sustainability and macroeconomic pressures.