Latest Stock Market News

Amazon shares fell 3.72% to $229.95 following disappointing cloud revenue growth. The company s cloud unit reported a 19% revenue rise, missing expectations slightly. Analysts raised concerns over Big Tech s AI investments and infrastructure constraints. Despite this, some noted Amazon s cloud growth acceleration compared to Microsoft and Google, indicating potential market share gains. Market valuation could drop significantly if losses persist.

Gold price: Gold futures reached an all-time high of Rs 85,279on the MCX, influenced by global prices. April gold contracts surged by Rs 650 or 0.77% to Rs 85,094 per 10 grams. This increase follows disappointing US job data. Analysts predict continued bullish trends given global uncertainties, with prices potentially reaching Rs 87,000 by Diwali.

Wall Street s main indexes opened flat on Friday, as investors expected the Federal Reserve to take a more cautious stance on interest rates after the latest batch of jobs data.

Markets regulator Sebi on Friday proposed to extend the automated closure of trading window ahead of the declaration of financial results to the immediate relatives of designated persons of listed companies. The move, if implemented, would prevent inadvertent non-compliance of insider trading rules, according to a consultation paper floated by Sebi.

Pinterest s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered tools would spur ad spend on the image sharing platform.

LIC Q3 Results: Net premium income for Q3FY25 stood at Rs 1,07,302 crore, down 9% YoY from Rs 1,17,432 crore and 11% QoQ from Rs 1,20,326 crore in Q2FY25. Despite this, profit after tax surged 42% sequentially from Rs 7,729 crore in the previous quarter. The state insurer’s financials reflect strong profitability despite a decline in premium income.

Balu Forge Q3 Results: Balu Forge posted a 134% YoY jump in Q3FY25 net profit at ₹59 crore, with revenue surging 74% to ₹256 crore. EBITDA margins expanded to 26.47%, driven by operational efficiencies and high-margin products. The company also announced strategic diversification plans.

The NFO of this multicap fund is open for subscription until February 20 and will reopen for continuous sale and repurchase within five business days of allotment.

Gold remained flat at its all-time high price of Rs 86,070 per 10 grams in the national capital on Friday, according to the All India Sarafa Association.

Juniper Green Energy IPO: Juniper Green Energy plans a ₹3,000 crore IPO by mid-2025, backed by AT Capital and Vitol. With 1GW operational and 3GW under construction, the company seeks funding to expand its renewable energy portfolio beyond 6GW.