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BusinessMicron Technology shares fell up to 4.6% to $1,032 due to rising crude prices and higher US Treasury yields impacting tech stocks. Despite this, financial firm Baird raised Micron's price target to $1,520 and kept an outperform rating, projecting a 40% upside. Other semiconductor stocks like Sky Hynix and Intel also declined amid inflation and interest rate concerns.
NDTV Business·3h ago
PoliticsThe Election Commission of India (ECI), a constitutional body safeguarding citizens' voting rights, faces internal dissent over the Special Intensive Revision (SIR) of electoral rolls. Commissioners Sukhbir Singh Sandhu and Vivek Joshi raised objections on 14 occasions regarding voter registration processes and centralization of the electoral database under Chief Election Commissioner Gyanesh Kumar. Such disagreements highlight challenges in maintaining the ECI's credibility and democratic integrity.
Deccan Herald·44m ago
BusinessUS Treasury yields rose to multi-year highs as investors reacted to increased bets on a Federal Reserve rate hike and ongoing Middle East tensions. The 10-year yield reached 5.2741%, the highest since 2007, before easing slightly. Qatari mediators are expected to hold separate talks with Iran and the US, raising hopes for negotiations. Fed hike bets increased to 68% from 64%, according to CME Group's FedWatch tool.
Mint Markets·36m ago
PoliticsProtesters in Madrid camped for a third night demanding action on Spain's housing crisis after the eviction of 87-year-old Maricarmen Abascal, whose rent was raised by 275 percent. Around 100 tents were set up in Puerta del Sol, with nationwide protests ongoing. Prime Minister Pedro Sanchez aims to present a new housing law to cabinet amid rising costs and eviction concerns.
HT World·43m ago·Madrid
ScienceMaritime experts from the Egan Maritime Institute visited a Nantucket beach to examine wooden beams revealed by a recent nor’easter. The beams, possibly from the 1884 Warren Sawyer schooner, were found near the island’s southern shore. The institute will report findings to state underwater archaeologists to identify the wreck. The nor’easter caused heavy rain, flooding, and power outages along the Northeast coast.
HT World·1h ago·Nantucket
PoliticsThe United Nations has never had a woman Secretary-General in its 80-year history. As António Guterres' term ends on December 31, 2026, the selection process is underway. Michelle Bachelet, a former Chilean president and UN official, withdrew after receiving minimal support in the Security Council's informal poll. This highlights ongoing gender issues in global leadership roles at the UN.
Deccan Herald·50m ago
NDTV Business·3h ago
Micron Technology shares fell up to 4.6% to $1,032 due to rising crude prices and higher US Treasury yields impacting tech stocks. Despite this, financial firm Baird raised Micron's price target to $1,520 and kept an outperform rating, projecting a 40% upside. Other semiconductor stocks like Sky Hynix and Intel also declined amid inflation and interest rate concerns.
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