MARKET REPORTS 

D-Street Buzz: Metal stocks shine led by Hindalco, SAIL; Tata Steel, Vedanta, JSPL rise 3%

Three companies — Hindalco, Steel Authority of India Ltd. (SAIL) and JSW Steel — posted substantial gains Wednesday on a two-day rally that is boosted by hopes that the global trade war may not escalate further. Shares of Hindalco surged 7.4%, SAIL shares rose 4.3% and JSW Steel surged 4.2% on the BSE; they have all risen between 20% and 25% so far in the week.Stocks have mostly risen so far this week, following a strong rally Monday and Tuesday. This was also the fourth-biggest two-day gain for the BSE…

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EMERGING NEWS 

Israel announces the successful launch of new spy satellite

The USS Nimitz, is headed back to its home port in Los Angeles and back into the Navy dockyard. Which is good news because I was hoping to volunteer the ship as a venue for an exchange of video technology between the “vaguely” progressive U.S. state of Washington and the even more vaguely progressive state of Israel. Then I was told that under a Washington law dating back to 1939, taxpayer-funded Washington universities are not permitted to offer hospitality to visitors coming to the state for purposes of learning, holding…

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ELECTRONICS 

Arm to transfer IoT Businesses to SoftBank, focuses on core semiconductor business

Arista really just an emerging growth company, or was it a takeover target? For what it’s worth, a new report out from Bernstein suggests that investors are better off if they believed that Arista was a growth company from the start. As Bernstein analyst Stacy Rasgon explains, none of the five major semiconductor companies that Arista competes with actually have businesses with a similar level of gross margin, and all of them except one have significantly higher operating expenses. The real attractive aspect of Arista, as you can see from…

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EMERGING NEWS 

Microsoft goes after app-based consent phishing attacks in Cloud

In a separate commentary, Microsoft’s Brandon LeBlanc says that in addition to taking this step, his company will be adding similar privacy protection measures to its corporate email and cloud service platforms. The EU regulation that will start rolling out in August, GDPR, is the biggest technology change to hit the digital landscape since the opening of the World Wide Web — a rules package that both forms a broad framework and is designed to implement it. While it won’t have a huge impact on daily computing (although, if applied…

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EMERGING NEWS 

Insilico Medicine, Arctoris announce technology partnership to discover new COVID-19 drugs

InSilico Medicine today announced a technology partnership with Arctoris Pharma to discover new therapeutics and meet regulatory hurdles to bring important new treatments to patients with blinding diseases of the eye. By working together, the two organizations can reduce clinical trial costs and expedite development of effective therapies for eye diseases. We live in a world that has advanced at an accelerated pace since the emergence of large, complex systems: medical algorithms on computers are able to show us how the biological world functions. And in silico medicine advances are…

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EMERGING NEWS 

How to watch Rocket Lab launch satellites for Canon, Planet and more live

On the morning of Wednesday, June 5, the team at Rocket Lab will attempt to launch the maiden orbital flight of their Electron rocket, a blast-off from their launch pad at the edge of the Earth’s atmosphere. Electron, which is set to carry its first payload of five satellites for customers including satellite companies and a part of the East Antarctic Ice Shelf Monitoring Program, is the first commercial mission in New Zealand’s history. More importantly, for this, and subsequent launches, this launch will mark a new way of organizing…

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EMERGING NEWS 

Flipkart invests $35 million in Indian fashion brand to target youth

This week Flipkart announced a new $35 million investment in fashion site Myntra, as the Indian e-commerce juggernaut tries to stay ahead of rival Amazon. To some extent the move is in response to that company’s huge investment in fashion — and its success in penetrating into a young population that would never otherwise spend a dime on clothes. But I suspect Flipkart will still need to make more moves like this in order to ensure its survival. The strength of Indian fashion e-commerce, which has powered Myntra’s growth, is…

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ELECTRONICS 

Covid-19 may prove to be a blessing for the tablet market in 2020

Samsung´s clunky Galaxy Tab S4 is a highlight of the event yesterday.The press conference yesterday in New York was deeply confusing, although the principles behind it were clear. It had all the hallmarks of a company developing a communications strategy, but a massive product range. Had Facebook or Google been in that position, they would probably have said the same. The world is undergoing a digital transformation and companies like Samsung are responding aggressively. The fundamental challenge they face is that the business has shifted from a “take what people…

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ELECTRONICS 

Oppo, Realme, OnePlus face inventory issues due to factory shutdown

In January 2016, Xu Bin was unimpressed by Xiaomi Corp’s smartphone – good for basic photo and video taking but nothing to write home about. Its design was long, its features were lacking, and it was just as expensive as other top-end rivals. Xu, then an investor in Xiaomi – alongside the Chinese government’s sovereign wealth fund – decided it was time to sell his shares and move on. Xu had what might be called the Joan of Arc syndrome. When a company launched a consumer product – especially one…

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EMERGING NEWS 

Thousands of Indian students in US lose visa power

Long before I settled in America in 1996, I’d heard from friends that India was home to thousands of well-educated, free-thinking, restless students eager to leave the dusty and oppressive journey of life in a family or village. Yet I had never seen it myself. Until last September, when I packed my bags for a trip to northern New Jersey, where there were thousands of young Indians already having settled in working-class places like Somerset County, and the not-so-struggling borough of Franklin Lakes, where I had grown up. There were…

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