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DSE:AIBL 31 December 2025

Al-Arafah Islami Bank, Provati Insurance sign deal to digitise premium payments in Bangladesh

Al-Arafah Islami Bank, Provati Insurance sign deal to digitise premium payments in Bangladesh

Al-Arafah Islami Bank and Provati Insurance signed a memorandum of understanding to develop digital premium collection and real-time reporting, the companies said Tuesday. The partnership will focus on data security and faster financial reconciliation. No financial terms or rollout timeline were disclosed. Senior executives from both firms attended the signing in Dhaka.
31 December 2025
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Stock Market Today

  • Evercore: AI Fuels Individual Stock Strength in S&P 500
    June 6, 2026, 7:21 AM EDT. Evercore ISI highlights artificial intelligence (AI) companies as key drivers behind the S&P 500's recent performance, with tech giants like Nvidia, Micron, and Alphabet accounting for over 40% of the 2026 earnings forecast increase. This concentration raises concerns as the top 10 firms now represent nearly 40% of the index. Despite mixed economic signals and inflation at 3.3%, Evercore maintains a bullish S&P 500 year-end target of 7,750, with a potential to reach 9,000, supported by heavy investments in AI-related sectors-Information Technology, Communication Services, and Consumer Discretionary-comprising 60% of the index. The AI impact extends globally, boosting tech in emerging markets and supporting relatively moderate valuation levels amid strong earnings.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

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6 June 2026
LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 6, 2026, 7:30 AM EDT Evercore: AI Fuels Individual Stock Strength in S&P 500 June 6, 2026, 7:21 AM EDT. Evercore ISI highlights artificial intelligence (AI) companies as key drivers behind the S&P 500’s recent performance, with tech giants like Nvidia, Micron, and Alphabet accounting for over 40% of the 2026 earnings forecast increase. This concentration raises concerns as the top 10 firms now represent nearly 40% of the index. Despite mixed economic signals and inflation at 3.3%, Evercore maintains a bullish S&P 500 year-end target of 7,750, with a
Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

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POET Technologies Stock Drops Sharply as Investors Watch

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POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

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Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
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