Author: kumbhorg

Some stuff I am reading today morning: Wall Street Bulls defy bubble fears (FT) Suzlon Energy penalized by SEBI (ML) Trent targets 10x revenue milestone (Rediff) Stock Talk: BSE Ltd (FE) Deep Dive: Medi Assist Healthcare Services (Zen Nivesh) Savings Scheme: Sukanya Samriddhi (SI) Why we invested in Venus Remedies (91 Capital) IPOs are now the exit ramp (Yahoo) Shorting & Rebalancing (Verdad) Bill Gates’s image is diminished (WSJ) Discover more from Alpha Ideas Subscribe to get the latest posts sent to your email.

The streets of Ahmedabad transformed into a sea of red and gold on Sunday, as Royal Challengers Bengaluru (RCB) pulled off a spectacular feat, retaining their Indian Premier League (IPL) crown. Facing the formidable Gujarat Titans (GT) at the iconic Narendra Modi Stadium, RCB showcased the clinical brilliance of true champions. Driven by a passionate crowd and clinical on-field execution, the designated home team comfortably chased down a target of 156 runs, securing a 5-wicket victory with 12 balls to spare. The triumph sparked ecstatic, unbridled celebrations across the country, firmly establishing RCB’s modern-day dynasty in IPL history.RCB’s disciplined bowling…

Would Morgan Rielly Really Waive to go to San Jose? Max Miller of Sharks Hockey Digest: Once more, this is a case of pour some cool water on this for now. The thought process lies in the fact that this may not make much sense for San Jose. The Sharks are trying to make the playoffs. San Jose was on the bubble for the waning stretches of the regular season. Ultimately, they missed out but San Jose remained close. Does upgrading the defense justify spending this much for Morgan Rielly? The Beginning of Nico Hischier extension talks While the bigger…

The brand’s first EV has been heavily criticised, with some saying it has abandoned Ferrari’s roots.

The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for American traders to access one of crypto’s most important derivatives markets, approving the first true bitcoin perpetual futures contract on a U.S. exchange and issuing parallel relief that lets Coinbase route U.S. clients into global perp and options liquidity. On Friday, the agency approved KalshiEX, LLC’s BTCPERP contract, a perpetual futures product that references the spot price of bitcoin and trades on Kalshi’s CFTC‑regulated designated contract market.  At the same time, staff granted no‑action relief to Coinbase Financial Markets, allowing it to offer digital commodity derivatives — including…

Young audiences turned out in droves to movie theaters around the country this weekend. It wasn’t for the big budget ‘Star Wars’ movie, ‘The Mandalorian and Grogu’, which fell sharply in its second weekend, however, but for a small budget horror from a 20-year-old first-time filmmaker that began on the internet.’Backrooms’ breaks box office records’Backrooms’, released by A24 in 3,442 locations in the U.S. and Canada, made an astonishing USD 81.5 million in its first three days in theaters, according to studio estimates on Sunday. That’s just a few hundred thousand dollars shy of what ‘The Mandalorian and Grogu’ earned…

NEW DELHI: For nearly two decades, Virat Kohli has lived and breathed Royal Challengers Bengaluru. On Sunday night in Ahmedabad, he finally experienced a moment he had imagined countless times.After smashing the winning six to seal RCB’s second IPL title and complete a successful title defence against Gujarat Titans, Kohli revealed that finishing the chase himself had long been a personal dream.”Stuff you dream of. Thought of this moment many times, wanting to hit the winning run,” Kohli said after his unbeaten 75 guided RCB to a five-wicket victory at the Narendra Modi Stadium.The innings was vintage Kohli — controlled,…

The Telangana Council of Higher Education (TGCHE) has declared the TG EdCET 2026 result. Candidates who appeared for the Telangana Education Common Entrance Test can now check their scores, ranks and qualifying status on the official website.Along with the results, the final answer key has also been released. The entrance examination was conducted on May 12, 2026, for admission to Bachelor of Education (B.Ed) programmes offered by participating colleges across Telangana.Candidates who have qualified in the examination will now be eligible to participate in the counselling process, which is expected to begin in June 2026.How to download TG EdCET 2026…

Bitcoin ETF News: BlackRock’s iShares Bitcoin Trust has accumulated roughly $56 billion in cumulative inflows since its January 2024 launch, making it one of the fastest-growing ETF products in financial history, and the default entry point for a new generation of Bitcoin investors who have never touched a crypto exchange. Spot Bitcoin ETF funds collectively now hold close to 1.3 million BTC, representing nearly 7% of all Bitcoin in circulation, with IBIT commanding the dominant share of that exposure. So, if IBIT is so popular with beginners, why did $527.84 million leave the fund in a single day in May,…

Thursday’s session delivered the week’s defining moment in a single hour. Iranian missile and drone strikes on Kuwait and a US air base drove WTI back toward $91 and sent the dollar surging — then an Axios report confirmed Washington and Tehran had tentatively agreed to a 60-day ceasefire extension pending Trump’s approval. Oil reversed. The dollar collapsed. Equities ripped to fresh record highs. The speed of that reversal set the tone for everything the coming week will be measured against. The weekend added a secondary geopolitical complication. Israel launched its broadest ground incursion into Lebanon in 25 years, crossing…