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Why this unheralded AI stock can go higher despite its rally in 2026

TazaPulseMay 13, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks pulled back Wednesday after a hotter-than-expected inflation report raised concerns that the Federal Reserve may have less room to cut interest rates later this year. The producer price...

Stock market today (May 13, 2026): Which are the top gainers and losers in BSE Sensex and Nifty50? Check list

TazaPulseMay 13, 2026

Equity benchmarks ended slightly higher on Wednesday after four straight sessions of losses, with buying in metal, energy and FMCG counters helping markets recover from sharp intra-day swings.The BSE Sensex settled 49.74 points, or 0.07 per cent, higher at 74,608.98, while the NSE Nifty50 gained 33.05 points, or 0.14 per cent, to close at 23,412.60.Markets...

‘AIADMK has been steadily declining’: CV Shanmugam targets EPS after removal from party posts | India News

TazaPulseMay 13, 2026

CV Shanmugam and EPS NEW DELHI: AIADMK leader CV Shanmugam on Wednesday lashed out at party chief Edappadi K Palaniswami after he, along with SP Velumani, C Vijayabaskar and several other leaders was removed from key party posts amid the deepening rebellion within the AIADMK.Speaking to reporters, Shanmugam alleged that the party has suffered continuous...

VinFast divests mfg unit in $530M restructuring deal

TazaPulseMay 13, 2026

VinFast has announced a major restructuring exercise involving its manufacturing business in Vietnam in a deal valued at around USD 530 million (approximately VND 13.3 trillion). The move is aimed at improving capital efficiency, reducing debt burden and helping the EV maker move faster towards profitability.As part of the restructuring, VinFast will separate its manufacturing...

With better than Rajdhani experience & 160 kmph speed, can Vande Bharat sleeper trains be a game-changer for Indian Railways?

TazaPulseMay 13, 2026

Vande Bharat sleeper train Premium trains – better than Rajdhani and Tejas Express – and offering enhanced passenger comforts and importantly higher average speeds will in the coming years be the new reality for overnight travel on Indian Railways – courtesy the Vande Bharat sleeper train project. Over 250 new trains are in the pipeline...

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Anduril doubles valuation as defense tech funding boom continues

TazaPulseMay 13, 2026

The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty Images Defense tech startup Anduril on Wednesday said it raised $5 billion, doubling its valuation to $61 billion in a funding round led by Thrive Capital and Andreessen Horowitz. CEO Brian Schimpf said in a...

RBI eases outward remittance norms, removes prior approval requirement for non-bank entities

TazaPulseMay 13, 2026

The Reserve Bank of India (RBI) on Wednesday removed the requirement for non-bank entities to obtain prior approval for tie-up arrangements to facilitate outward remittance services through banks in India, PTI reported.The central bank also issued a revised operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (AD) Category-I banks.“On a...

‘It is the right thing’: Former Army chief Naravane backs RSS general secretary Hosabale on dialogue with Pakistan | India News

TazaPulseMay 13, 2026

General (retired) MM Naravane; RSS general secretary Dattatreya Hosabale NEW DELHI: Former Army chief General (retired) Manoj Mukund Naravane on Wednesday backed Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale’s stand on greater people-to-people contact between India and Pakistan, saying stronger ties between citizens on both sides could help improve bilateral relations.Also Read | ‘India...

US stock markets today (May 13, 2026): Wall Street trades mixed as inflation worries offset tech rebound

TazaPulseMay 13, 2026

Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5...

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Nonprofit was ‘left for dead’

TazaPulseMay 13, 2026

A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S. Manuel Orbegozo | Reuters OpenAI CEO Sam Altman testified in the Musk v. Altman trial...