Today: 19 May 2026
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NSE:MAHINDRA 13 November 2025 - 11 February 2026

M&M profit jumps, Ashok Leyland misses estimates as India’s Feb 11 Q3 results rush hits midday

M&M profit jumps, Ashok Leyland misses estimates as India’s Feb 11 Q3 results rush hits midday

Mahindra & Mahindra reported a 33% jump in Q3 profit to 39.31 billion rupees, driven by SUV and tractor demand but missing analyst estimates. Ashok Leyland’s profit rose 4.5% to 7.96 billion rupees, below forecasts, as costs climbed. Divi’s Labs posted a slight profit dip to 583 crore rupees despite higher income. All three companies took one-off charges related to India’s new labour codes.
11 February 2026
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Dalal Street in Turmoil: Sensex Plunges 2,500 Points in a Week – Should You Buy the Dip or Brace for More?

Sensex, Nifty Close Flat on Nov 13, 2025; Bank Nifty Hits Record High, Asian Paints Jumps; Rupee Near 88.66 as CPI Prints Record Low

The Sensex closed nearly flat at 84,478.67 and the Nifty 50 at 25,879.15 on Thursday as investors paused ahead of Bihar election results. The Nifty Bank index hit a record intraday high near 58,616. Asian Paints surged to a 52-week high after strong earnings, while Mahindra & Mahindra and Adani Ports slipped. October CPI fell to 0.25% y/y, and the rupee ended at 88.6650 per US dollar.
13 November 2025
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Stock Market Today

  • Citi Raises Intel Stock Price Target to $130 on Agentic AI-Driven CPU Demand
    May 19, 2026, 6:58 AM EDT. Citi analyst Atif Malik raised Intel's price target to $130 from $95, projecting a 37% increase driven by a new CPU market model targeting 2030. Citi expects the server CPU market to reach $132 billion by 2030, fueled by growing demand for CPUs in agentic AI-AI software acting autonomously, requiring intensive CPU usage. Intel's strong position in data center server CPUs and its ASIC business, including Mount Evans infrastructure processing units used by Google and Anthropic, underpin this bullish outlook. Intel is reportedly sold out on server CPUs for 2026 and considering price hikes of 10-15%, indicating robust demand beyond cyclical trends, supporting Citi's upgraded forecast.

Latest articles

Standard Chartered’s Push Into AI May Cut 7,000 Jobs as Bank Looks for 18% Returns

Standard Chartered’s Push Into AI May Cut 7,000 Jobs as Bank Looks for 18% Returns

19 May 2026
Standard Chartered will cut over 7,000 jobs by 2030 and aims for an 18% return on tangible equity, focusing on AI and automation to boost efficiency. The bank reported record Q1 operating income of $5.9 billion and profit before tax of $2.5 billion. Job cuts will mainly affect corporate and support roles in hubs like Bengaluru, Tianjin, and Warsaw. The bank seeks to attract $200 billion in new wealth by 2028.
AEP Stock Moves as 13F Filings Add More Questions

AEP Stock Moves as 13F Filings Add More Questions

19 May 2026
Institutional holdings in American Electric Power fell by March 31, with Northwestern Mutual Wealth Management, Allworth Financial, and Lockheed Martin Investment Management all reporting smaller stakes than at year-end. AEP raised its five-year capital plan to $78 billion this month, citing rising demand from data centers and industry. The company priced a 23.5 million share offering at $127 each after reporting first-quarter operating earnings of $1.64 per share.

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Intel Shares Edge Up as AI Chip Trade Runs Into Hurdles

Intel Shares Edge Up as AI Chip Trade Runs Into Hurdles

18 May 2026
Intel shares rose 0.3% to $109.10 in early New York trading Monday after last week’s selloff, as analysts raised price targets and President Trump commented on the U.S. government’s 10% stake, now valued above $50 billion. First-quarter revenue climbed 7% to $13.6 billion, with Data Center and AI sales up 22%. The iShares Semiconductor ETF fell 0.9%. Intel’s server CPU market share dropped to 54.9% in Q1, according to UBS.
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