NASDAQ:ENFL 28 July 2025

AI in Overdrive: Weekend of Breakthroughs, Big Tech Moves & Dire Warnings (July 27–28, 2025)

President Trump signed executive orders on July 27–28 to fast-track AI infrastructure and mandate political neutrality in federally funded AI. Premier Li Qiang announced plans for a new international AI cooperation group at WAIC in Shanghai. Huawei launched CloudMatrix 384, a 384-chip AI platform, and Meta named Shengjia Zhao as Chief Scientist of its Superintelligence Lab. Amazon acquired Bee, a startup behind a $50 AI-powered wristband.

28 July 2025

Innovation·NASDAQ:AMZN·NASDAQ:ENFL·NASDAQ:GOOGL·NASDAQ:META·NASDAQ:NVDA·Technology

SBI Shares Gain Nearly 2% as PSU Banks Rally on SBI Mutual Fund IPO Filing
March 20, 2026, 5:02 AM EDT. Shares of State Bank of India (SBI) rose 1.75% on Friday amid a broader rally in public sector undertaking (PSU) banks. The surge followed the filing of draft papers by SBI Funds Management, SBI's asset management arm, for a high-profile initial public offering (IPO) with regulator Sebi. The IPO will be an offer for sale by promoters with no fresh issue, seen as a key step to unlock value in SBI, India's largest mutual fund manager with assets over Rs 12.6 lakh crore. Benchmark indices strengthened, with the Sensex up 0.9% and the Nifty crossing 23,200. The development has lifted sentiment across banking stocks, particularly in the Nifty Bank index.