Analysts

• Stock market movements this week will be primarily driven by crude oil prices, foreign institutional investor (FII) trading activity, and the outcome of US-Iran diplomatic talks. • Technical-level discussions between the US and Iran are scheduled to take place this Sunday in Burgenstock, Switzerland. • Analysts indicate that the trajectory of the domestic monsoon will also be a critical factor for market performance.

• Market analysts Ansh Jogendra Bhilwar and Pooja Tripathi have released a watchlist of recommended stocks, including Wipro, L&T, and HAL, focusing on cash and derivatives. • The suggestions cover a variety of investment horizons, ranging from short-term trades to long-term themes across multiple sectors. • Specifically, Tripathi recommends buying Asian Paints futures with a target price of Rs 2,810 and a stop loss set at Rs 2,710.

• Fox Sports has announced its broadcasting plans for the 2026 World Cup, which will feature an expanded format of 48 teams and 104 total matches. • The network will air 70 matches in total, including every game played by the U.S. Men's National Team (USMNT), with 34 of those games distributed across its cable networks. • This expanded coverage is necessary to accommodate the tournament's increased scale and the significance of the U.S. and Canada serving as co-hosts.

Firings are part of a broader personnel purge under under the leadership of director Kash Patel, a Trump loyalistSeveral FBI analysts tied to the creation of a 2023 memo warning of a potential threat from Catholic “violent extremists” were fired on Friday, according to their lawyer, the latest wave of terminations under the leadership of its director Kash Patel.The fired employees included four intelligence analysts and a supervisory analyst. The FBI declined to comment. Continue reading...

• Experts and analysts are reacting to the May jobs report, which follows a series of other positive labor market indicators released this week. • The data suggests that the Federal Reserve's goal of maximum employment is currently under control, shifting the primary focus toward economic stability. • This shift is significant because it indicates that the inflationary side of the Fed's dual mandate is now a more pressing concern than unemployment.

• LTM has unveiled "Lakshya 2031," an AI-driven strategic plan aimed at accelerating growth through Business AI, BlueVerse, and the integration of Randstad. • Market analysts and brokerages have reacted positively to the strategy, citing the company's deep client relationships built over 20 years as a primary competitive advantage. • The plan matters as it positions LTM to capitalize on emerging AI technologies to modernize its service offerings and expand its market reach.

• Grab's Q1 2026 earnings surged 466.7% to US$136 million from US$24 million in Q1 2025, reinforcing analyst confidence in the ride-hailing and delivery platform. • Analysts view Grab as the clear regional leader in Southeast Asia despite facing ongoing regulatory challenges across multiple markets. • The company's strong profit growth demonstrates the sustainability of its business model even amid tightening regulatory scrutiny in the region.