Tuesday, January 10, 2023

New-age firms are still not cheap and continue to make losses, says Raamdeo Agrawal

New-age firms are still not cheap and continue to make losses, says Raamdeo Agrawal Motilal Oswal Financial Services#39; Chairman Raamdeo Agrawal#39;s comments dovetail with concerns relating to Mamaearth̢۪s valuations. The digital-led beauty and personal care company was the first unicorn of 2022 and filed for listing at the end of the year

from Moneycontrol Market Outlook https://ift.tt/Z1CPgED

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...