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Dow Drops 556 Points on AI Spending Concerns; Index Weighting Amplifies Losses
The Dow Jones Industrial Average tumbled 556 points, or 1.1%, driven by Alphabet and Amazon amid AI spending concerns. Index price weighting amplified the decline.
India's Nuclear Push Opens 46 GW to Private Players, NTPC and Adani Lead
India's nuclear roadmap allocates 46 GW to private and public utilities beyond NPCIL, with NTPC and Adani Power targeting 30 GW and 10 GW, respectively.
QuantumScape Shares Slide 11% as PowerCo Program Cap Slashed Despite Billing Growth
QuantumScape tumbled 10.8% as a 42.3% reduction in the PowerCo program ceiling overshadowed a rise in first-half billings, which reached $21.8 million.
Truth API Could Double Trump Media Revenue With Five Clients
Shares of Trump Media dropped 5.3% to $8.75 after a report suggested five Truth API clients could more than double annual revenue.
Eshallgo Stock Surges 36.6% on Trading Volume 25x Share Count
Eshallgo (EHGO) shares surged 36.6% on volume 25 times its share count, signaling a liquidity event. The company faces significant risks despite AI growth plans.
Webuy Global Shares Jump 36% on China Tourism Push Despite Funding Strains
Webuy Global (NASDAQ:WBUY) shares soared 36% on Thursday following a tourism expansion announcement, though the strategy highlights growing financing needs and dilution risks.
Cipher Digital Surges as AI Capacity Shortage Boosts Leasing Model
Cipher Digital (CIFR) shares rose 5.7% as AI capacity constraints highlight its leasing model, while Alphabet (GOOGL) dropped 7.2% on raised capex.




