India’s first AI unicorn Fractal files papers for Rs 4,900 crore IPO
Fractal Analytics, India’s first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India’s increasing adoption of […]
BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
“We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points,” Rick Rieder said.
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These are the stocks posting the largest moves midday.
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