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A market crash in AI stocks wipes out $2.9 trillion as Nasdaq falls 5.52%
An AI stocks market crash erased about $2. 9 trillion from listed companies on November 5, 2026, as investors confronted the prospect of tighter data-center regulation after Democrats’ midterm election victories. The Nasdaq Composite fell 5. 52% into correction territory, while concerns about returns on massive artificial intelligence investments intensified the selling
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Sudarshan Chemical Q2FY27 Results: EBITDA rises 125% YoY to ₹261 crore
Consolidated EBITDA rose 125.4% YoY to ₹261 crore in Q2FY27. Revenue increased 14.9% YoY to ₹2,743 crore, driven by legacy and acquired segments. Completed sale of VP4 plant for EUR 75.8 million to prepay acquisition debt. Acquired Clariant's Alu dyes facility for CHF 7 million, closing expected January 2027. Net debt to equity ratio improved to 0.2x in H1FY27 from 0.3x in FY26.
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