
US Wealth Manager Stocks Sink as Traders Flee Next AI Casualty
The US wealth management industry has become the latest sector to face disruption fears from…

The US wealth management industry has become the latest sector to face disruption fears from artificial intelligence, triggering a sharp selloff in major brokerage and advisory stocks. On February 10, 2026, shares of Raymond James Financial, Charles Schwab, LPL Financial Holdings, and Stifel Financial Corp. plunged between 7% and 9%, marking their worst trading sessions…

Adani Enterprises Ltd has confirmed that it is in voluntary discussions with the US Office of Foreign Assets (OFA) following allegations raised in a Wall Street Journal report last year. The report claimed that billionaire Gautam Adani sought to influence the Trump administration to drop bribery charges against him. The company clarified that the OFA’s…

India’s benchmark indices — the Sensex and Nifty 50 — are trading close to their all-time highs, sparking speculation of a fresh bull market. However, veteran investor Shankar Sharma has cautioned that despite the headline numbers, India remains in a relative bear market compared to global peers. He argues that while global markets have surged…

India’s AI development roadmap is increasingly focused on smaller, sector-specific language models, but experts warn this strategy may overlook the importance of CPU-based infrastructure. Hrishikesh Dewan, co-founder and CEO of Ziroh Labs, has raised concerns that while the government is investing heavily in GPUs under the IndiaAI Mission, CPUs remain underutilized despite their cost-efficiency and…

Aditya Birla Group chairman Kumar Mangalam Birla has increased his personal stake in Vodafone Idea Ltd through open market purchases worth ₹66.18 crore, signaling strong promoter confidence in the telecom operator’s revival strategy. The acquisitions were made in multiple tranches between late January and the first week of February 2026, according to stock exchange disclosures….

The Enforcement Directorate (ED) has issued fresh summons to Tina Ambani, wife of industrialist Anil Ambani, in connection with the alleged ₹40,000 crore bank fraud case involving the Reliance Group. Tina Ambani has been asked to appear before the ED headquarters in New Delhi on February 17, 2026, while Anil Ambani himself has been summoned…

The US Federal Reserve has decided to keep its benchmark interest rate unchanged at 3.50%–3.75%, signaling a cautious approach amid persistent inflation concerns and mixed economic data. Fed officials emphasized the need for patience, noting that recent rate cuts in late 2025 require time to show their full impact on the economy. Key Highlights Analysis…

Shares of Eicher Motors Ltd, the maker of Royal Enfield motorcycles, surged nearly 7% in early trade, hitting a fresh high of ₹7,791 on the BSE after the company reported record Q3 FY26 earnings. The rally reflects strong investor sentiment driven by robust sales, improved operating margins, and expansion plans across both Royal Enfield and…

The Government of India has announced a major disinvestment move in Bharat Heavy Electricals Limited (BHEL), with plans to offload up to 5% stake through an Offer for Sale (OFS). The sale, conducted by the Ministry of Heavy Industries, is expected to raise approximately ₹4,422 crore if fully subscribed. The OFS opened on February 11,…

Titan Company Ltd, part of the Tata Group, has reported a 61% year-on-year (YoY) surge in consolidated net profit to ₹1,684 crore for the October–December quarter of FY26. The company’s revenue from operations also rose 43% YoY to ₹25,416 crore, driven by strong festive demand, elevated gold prices, and robust performance across jewellery and consumer…