Today: 2 July 2026

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance secured Rs 454.5 crore from 19 anchor investors before its IPO, selling shares at the top end of the Rs 122–129 band. The biggest allocations went to Nippon Life India and Goldman Sachs funds, each picking up roughly Rs 74 crore, according to Moneycontrol. The Gurugram-based lender, which counts Alphabet’s CapitalG among its backers, is heading for a public listing at a Rs 3,200 crore valuation—just below what it fetched in its 2025 Series G round—having cut the size of its offering, management told Mint. Investors are watching the deal closely, using it as a read on appetite for non-bank lenders, a sector where many players have been on the sidelines amid market turbulence and higher credit stress.
7 February 2026
Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon.com shares slipped Friday, with investors uneasy after the company unveiled a roughly $200 billion push to beef up its artificial intelligence infrastructure. The hefty price tag behind Amazon’s AI ambitions raised fresh doubts for some shareholders. Amazon, Alphabet, Microsoft and Meta have now committed over $630 billion in capex—spending that covers everything from servers and chips to sprawling data centers, and most of it is getting funneled into AI projects. Morgan Stanley analysts point out that investors aren’t cutting tech giants any slack for these hefty outlays unless there’s a visible path to strong returns on invested capital. https://www.reuters.com/business/retail-consumer/big-techs-quarter-four-charts-ai-splurge-cloud-growth-2026-02-06/

Stock Market Today

  • US Stock Futures Slip as Investors Brace for Jobs Data
    July 1, 2026, 6:51 PM EDT. US stock futures slipped 0.1%, with Dow Jones, S&P 500, and Nasdaq 100 all lower ahead of Thursday's June jobs report. Tech names, especially chip stocks, saw a weaker session. Comments on inflation from Fed Chair Kevin Warsh and stalled US-Iran talks kept sentiment in check. The jobs numbers hit at 8:30 a.m. ET and could steer the Fed's next rate move. Unemployment is expected to be flat, but stronger hiring could push up odds for a rate hike later this year and move markets.
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