Bids for the IPO of Reliance’s Jio Platforms topped $77 billion, valuing the company at up to $108.3 billion and making it the most subscribed offering in India’s history.
Global Economy
J&J’s experimental once-daily oral drug JNJ-6143 cut PSA levels by at least 50% in 77% of advanced prostate cancer patients in an early trial presented at ESMO.
Market expert Abdulmajeed Al-Abdullah says funds exiting tech stocks are taking profits, not fleeing an AI bubble, and explains where the money is going, the rate pressure, and advice for individual investors.
US airfares are up 23% and jet fuel has jumped 90%. Why Delta, United, American and Southwest would rather fly empty seats than cut fares.