Why did Apple stock drop sharply after raising prices across key devices?

Apple raises global prices on Mac, iPad, HomePod, Apple TV and Vision Pro due to memory chip shortages, shares fall about 5 percent, future price hikes hinted

Apple raises global prices on Mac, iPad, HomePod, Apple TV and Vision Pro due to memory chip shortages, shares fall about 5 percent, future price hikes hinted

Domestic institutional investors (DIIs) continued to provide strong support to Indian equities on Thursday, emerging as net buyers for a fourth straight session, while foreign institutional investors (FIIs) returned to net buying after being sellers a day earlier.

The reopening of the Strait of Hormuz and easing crude prices could significantly reduce the impact of West Asia tensions on India Inc, with Crisil now estimating a 100-basis-point hit to profitability, half its earlier stress-case projection.

US stock futures climbed ahead of the release of the Fed’s preferred inflation gauge, with Nasdaq futures surging as Micron’s blockbuster earnings reignited optimism around the AI trade. Meanwhile, falling oil prices sparked debate among economists over whether cheaper crude…

SEBI resolved more than 5,500 investor complaints through its SCORES platform in May, helping reduce pending grievances even as the regulator continued to monitor a small number of cases pending for over three months.

The company added that after stepping down as CFO, Patwari will continue to support Home First in a non-KMP, non-operating, time-bound advisory capacity focused on investor relations and capital markets.

Torrent Gas submitted its draft papers under Sebi’s pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

The rail wagon maker secured fresh orders from JSW South Rail Logistics and Central Warehousing Corporation, benefiting from growing demand for rail-based cargo movement and logistics infrastructure.

RHI Magnesita and Khemka Refractories have partnered to build a recycling facility in Odisha that will process used refractory materials from steel plants, helping reduce waste, cut raw material dependence and support cleaner industrial production.

Despite remaining bullish on gold and silver over the long term, India Bullion & Jewellers Association (IBJA) Secretary Surendra Mehta says a stronger US dollar and weak investment sentiment are weighing on precious metals. He also warns that silver import…