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2026-02-25 08:04:45| The Economic Times

A viral 7,000-word Substack essay by Citrini Research founder James van Geelen sparked a sharp selloff on Wall Street by outlining a hypothetical 2028 Global Intelligence Crisis. The scenario imagines AI wiping out white-collar jobs, crushing software revenues, straining credit and housing markets, and triggering a deflationary economic cascade.

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2026-02-25 07:29:50| The Economic Times

Piyush Pandey believes AI disruption fears for Indian IT stocks are overblown, with current valuations being "extremely comfortable." He sees long-term opportunities outweighing short-term volatility, predicting improved performance in FY27 compared to FY26 due to increased productivity and a shift to outcome-based projects.

Category: News and Media

2026-02-25 06:14:17| The Economic Times

Vedanta Ltd shares surged upto 5% on Wednesday after BofA Securities upgraded the stock to Buy from Neutral and raised its target price sharply to Rs 840 from Rs 480. The brokerage turned positive on the back of a stronger outlook for aluminium and supportive silver prices, along with an estimated FY27 dividend yield of over 6%.

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