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Wells Fargo

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Macro Economy & Fiscal Policy 10 Oct 2026, 05:14 AM IST

Wall Street Ends Strong as Earnings Season, Inflation Data Loom Over US Stocks

US stocks closed the week with solid gains as investors positioned for a heavy slate of third-quarter earnings and closely watched inflation data. Optimism around results from major lenders and expectations for broad S&P 500 profit growth helped offset lingering concerns about consumer demand, uneven corporate outlooks and volatile energy markets.

By RDU Global Wire5 min read
Global Markets & Equities10h ago

Micron Heads Into Earnings With Memory Shortage Still in Its Favor as Wall Street Watches for Buybacks and Demand Durability

Micron enters its fiscal fourth-quarter earnings with strong momentum, as tight supply in DRAM and high-bandwidth memory continues to support pricing and profits. But investors are likely to focus less on the expected beat and more on how long the shortage can last, whether demand can hold as supply improves, and when capital returns may accelerate.

4 min readRead →
Global Markets & Equities09 Oct 2026, 03:58 AM IST

Micron Bull Case Swells as Analyst Targets $3,000, Warns Short Sellers Their Time Is Limited

Micron Technology shares are drawing fresh attention after a high-conviction analyst call argued the stock could nearly triple from current levels, with a price target as high as $3,000. The bullish thesis rests on a powerful memory-cycle recovery, tightening supply, and the prospect that capital returns could accelerate if management deploys its balance-sheet strength more aggressively.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 03:18 PM IST

RBI’s Net Short Forward Position Swells to $200 Billion as Dollar Management Pressures Mount

The Reserve Bank of India’s net short forward position rose sharply to $200 billion in August from $136 billion in July, underscoring the scale of the central bank’s ongoing intervention in currency markets. The increase, alongside a rise in long dollar positions, suggests the RBI is still actively managing rupee volatility but may be finding it harder to unwind accumulated exposures efficiently.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 02:48 PM IST

RBI’s Net Short Forward Position Swells to $200 Billion in August

The Reserve Bank of India’s net short forward position rose sharply to $200 billion in August from $136 billion in July, underscoring a deeper build-up in its dollar commitments. The increase, alongside additional long dollar positions, points to continued market intervention and suggests the central bank is finding it harder to unwind or manage its forward book efficiently.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 05:06 AM IST

RBI’s Net Short Forward Position Swells to $200 Billion as Dollar Management Pressures Mount

The Reserve Bank of India’s net short forward position rose sharply to $200 billion in August from $136 billion in July, underscoring a significant build-up in its dollar liabilities. The increase, alongside additional long dollar positions, points to active market intervention and a more complex balance-sheet posture as the central bank works to manage currency volatility.

5 min readRead →
India Sports & Cricket06 Oct 2026, 06:18 AM IST

Smaran’s Century Powers Rest of India Fightback in Irani Cup as Lead Swells to 265

Smaran struck a composed, authoritative hundred to anchor a crucial Rest of India recovery on day three of the Irani Cup, turning a precarious position into a competitive contest. At close, the visiting side had stretched its lead to 265 runs with two wickets still in hand, leaving the match delicately poised heading into the final day.

5 min readRead →
India Sports & Cricket05 Oct 2026, 07:39 AM IST

Smaran’s Century Fuels Rest of India Fightback in Irani Cup as Lead Swells to 265

A composed century from Smaran anchored a determined Rest of India recovery on day three of the Irani Cup, turning a difficult position into a competitive contest against the Ranji Trophy champions. At close, the visiting side had stretched its lead to 265 runs with two wickets still in hand, leaving the match delicately poised heading into the final day.

5 min readRead →

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