NOOT (Ordinals) USD Price & Performance (NOOTUSD)

Intel shares surged 15% following the announcement of Lip-Bu Tan as the new CEO. Tasked with reviving the company, Tan brings industry credibility and aims to strengthen Intel’s foundry operations. Despite optimism, analysts caution that the turnaround will require years of effort, as the company grapples with significant market challenges.1

Axis Bank has executed India’s first aircraft financing deal through GIFT City, funding Air India’s training aircraft purchase. This move highlights GIFT City’s potential as a global aviation finance hub and supports the government’s push for financial self-reliance. It marks a shift from reliance on foreign lenders, boosting India’s aviation sector.2

Sensex and Nifty indices experienced declines, marking Nifty’s worst losing streak in five years. Losses in IT and financial stocks contributed to the downturn, despite positive economic growth data. Analysts advise investors to focus on quality stocks and diversify portfolios amidst ongoing market volatility.34