Author: i2wtc

A key rotation away from artificial intelligence stocks may be underway in the market.According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system.”The Fed cut rates four times last year. They cut rates twice already. They’re going to go again whether its December [or] January,” the firm’s CEO and chief investment officer told CNBC’s “ETF Edge” this week. “Historically whenever the Fed cuts interest rates, usually that’s a turn of a new cycle. Market leadership does tend to change quietly.”He lists the latest performance in areas ranging…

The Federal Constitutional Court has overruled the Sindh High Court’s judgment in the sale of subsidised wheat case, in favour of the Sindh Government. The court observed that policymaking is the responsibility of the executive. A three-member bench of the FCC, headed by Chief Justice Aminuddin Khan, heard the Sindh government’s appeal against the Sukkur Bench of the Sindh High Court’s (SHC) May 31, 2023, decision. A case was filed in the SHC in 2023. The petitions were filed by owners, licensees, and partners of various flour mills who alleged that since the inception of the new Wheat Release Policy,…

Court made clear no principle of Islamic law, statutory law, equity permits forcing a wife to remain in marriage Lahore High Court. PHOTO: FILE The Lahore High Court has upheld a family court’s decree of khula, declaring that once a woman expresses extreme aversion toward her husband and the husband also refuses reconciliation, no court can lawfully compel the continuation of such a marriage. The petitioner had challenged the family court’s order it passed on September 24, 2025, through which the wife’s suit for dissolution of marriage by way of khula had been decreed. The husband alleged that the marriage…

The benchmark reclaimed the market’s key psychological level on a closing basis for the first time in 25 days Pakistan’s stock market surged with renewed vigour as the KSE-100 Index jumped 2,185 points to close at 165,373, marking a robust 1.34% gain. The benchmark reclaimed the psychologically important 165,000 level on a closing basis for the first time in 25 days—since October 22—easing rollover week concerns and signalling a strong bullish comeback. “The session opened on a strong footing and maintained its positive trajectory throughout the day,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. “This rally…

UAE ambassador says measures such as online applications, new visa centre to speed up travel for Pakistani nationalsPeople walk across a bridge in the Emirate of Dubai. Photo: File The United Arab Emirates is processing nearly 500 visas daily for Pakistani nationals under new facilitation reforms, even as Pakistan’s interior ministry warned the Senate that the Emirates had stopped issuing visas, except for diplomatic and blue-passport holders. Additional Interior Secretary Salman Chaudhry highlighted growing concerns over passport misuse, human trafficking, and the vulnerabilities facing overseas Pakistanis. The briefing, chaired by Senator Samina Mumtaz Zehri, warned that Pakistan had narrowly avoided a…

Pakistan has already chalked out a $1.9 billion funding plan to execute the Reko Diq copper and gold mining project. Total project funding has been estimated at $4.297 billion. Photo: File ISLAMABAD: Pakistan and its partners are set to achieve financial close in the next two weeks and secure $3.5 billion in funding for the multibillion-dollar Reko Diq copper and gold mining project. Sources said that Pakistan had formulated Plan A and B to execute the project. Under Plan A, it had to seek financing from lenders. They said that the Pakistani side and its partners had deployed machinery at…

A woman puts money into a Salvation Army red kettle outside of Giant Supermarket in Alexandria, Virginia on November 22, 2023. Eric Lee | The Washington Post | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.New tax laws risk reducing charitable giving by the wealthy next year, economists and academic experts say, leaving less-wealthy Americans to make up the difference.Under President Donald Trump’s “big beautiful bill,” signed into law in July, several tax benefits for…

Ali Ardeshir Larijani, secretary of Iran’s Supreme National Security Council, meets Chief of Army Staff Field Marshal Syed Asim Munir at the GHQ in Rawalpindi. Photo: PPI ISLAMABAD: Iran on Wednesday offered Pakistan a “blank cheque” in order to resolve issues with India and Afghanistan, an unusual and rare show of support in the face of Islamabad’s challenges from the eastern and western fronts. “Pakistan is very dear and honourable to the Iranian people. We are prepared to give the Pakistanis a ‘blank cheque’ to help resolve these issues, to be used whenever they deem necessary,” Ali Larijani, Secretary of…

Additional note in judgment upheld conviction, framed crime as symptomatic of changing social behaviourLHC’s Justice Ali Baqar Najafi. PHOTO: FILE ISLAMABAD: Justice Ali Baqar Najafi has characterised the Noor Mukadam murder case as the product of a “vice” taking root in society, which he termed a “living relationship” – apparently referring to live-in relationships. His remarks, made in an additional note to the Supreme Court’s judgment and published on Wednesday, introduced a new moral layer to one of the nation’s most widely scrutinised and horrific criminal cases. The additional note upheld the conviction and framed the crime as symptomatic of…

Vcg | Visual China Group | Getty ImagesWhen ChatGPT launched in 2022, Google was caught flatfooted, but the launch of Gemini 3 and the Ironwood AI chip this month has experts raving about Alphabet’s AI comeback. Google kicked off November by unveiling Ironwood, the seventh generation of its tensor processing units, or TPUs, that the company says lets customers “run and scale the largest, most data-intensive models in existence.” And last week, Google launched Gemini 3, its latest artificial intelligence model, saying it requires “less prompting” and provides smarter answers than its predecessors. Salesforce CEO Marc Benioff captured the excitement around…