India's Growth Surprise to Favor Infrastructure and Consumer Stocks
Good morning, this is Savio Shetty, an equities reporter in Mumbai. India's stronger-than-expected GDP print is likely to boost market sentiment, confirming that the economic slowdown has been arrested. Nifty futures point to a mildly positive opening, despite weakness across Asia, as tariff-related concerns persist. All eyes will be on the central bank's monetary policy on Friday and high-frequency economic indicators like PMI.
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Building on the trust fostered through a strategic digital transformation collaboration, the two companies are working together on the following critical areas: HR operations aimed at elevating employee experience, streamlining processes and driving efficiency within AGCO's human resource functions, in collaboration with the Infosys BPM practice. IT infrastructure operations leveraging best-in-class offerings like Infosys Polycloud, a part of Infosys Cobalt, along with automation technologies aimed at simplifying, standardizing, and optimizing AGCO's IT ecosystem. In an effort to simplify AGCO's operations and realize cost efficiencies, Infosys is using generative AI for knowledge management, problem analysis, categorization and incident resolution. Powered by Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, Infosys will work towards ensuring access to next-gen tools and technology vital for AGCO's growth trajectory. 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Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in more than 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. About AGCO AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including leading brands Fendt®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $11.7 billion in 2024. For more information, visit Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. 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Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. SOURCE Infosys Sign in to access your portfolio
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TSMC just hit a $1 trillion market cap. These 5 companies could be next
Last week, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), also known as TSMC, crossed an important psychological threshold for investors. The Taiwanese company surpassed a $1 trillion market capitalization, making it the first Asian company to do so since China's PetroChina oil and gas giant briefly achieved this milestone in 2007, notes GuruFocus. TSMC manufactures the most advanced computer chips in the world, which are essential for running the most complex AI tasks. The company makes chips for a variety of tech giants, including Nvidia and Apple. As of the time of this writing, TSMC has a market capitalization of approximately $1.2 trillion. The chipmaking giant has achieved this 12-figure valuation on the strength of its chip business in recent months, which has seen a surge in demand thanks to the artificial intelligence boom sweeping the world. But the question many people may be wondering now is who's next in line to join the $1 trillion club? Here's what the numbers say. Who is currently in the $1 trillion club? The list of companies valued at $1 trillion or more is pretty short. Currently, just 11 companies have a 12-figure valuation, according to data compiled by The companies with trillion-dollar market caps currently include: Nvidia ($4.1 trillion) Microsoft ($3.7 trillion) Apple ($3.1 trillion) Amazon ($2.4 trillion) Alphabet/Google ($2.3 trillion) Meta Platforms ($1.7 trillion) Saudi Aramco ($1.6 trillion) Broadcom ($1.3 trillion) TSMC ($1.2 trillion) Tesla ($1 trillion) Berkshire Hathaway ($1 trillion) While TSMC is the newest member of this esteemed list, the company that tops the chart, Nvidia, is the most notable. Not only is it the most valuable company in the world, but it is also the only company to have ever reached a $4 trillion market capitalization, which it achieved earlier this month. What companies are closest to joining the trillion-dollar club? As it's fairly hard to predict how the stock market—and individual stocks—will perform in the future, it's also nearly impossible to say with any certainty which company may be the next one to cross the trillion-dollar threshold. The companies that are the closest now could have calamity strike next week, and see their stock prices plunge as a result, taking them further from the 12-figure mark. Alternatively, a company that is worth only a few hundred billion now could strike metaphorical business gold next week, and see its share price surge, catapulting it to the trillion-dollar club out of nowhere. But given that a company's market cap is defined by adding up the value of a company's total shares, it's easy to see which companies are currently next closest in line to becoming a trillion-dollar giant. The following five companies that are closest to the $1 trillion mark based on their current stock prices: JPMorgan Chase (Market Cap $800 billion) Walmart ($763 billion) Visa ($685 billion) Eli Lilly ($684 billion) Oracle ($684 billion) Banking giant JPMorgan Chase is the closest to a $1 trillion market cap. To reach it, it would only need to see its stock price rise by another 25% from current levels. Walmart would need to see its stock increase by about 31% from current levels. Visa, Eli Lilly, and Oracle would all need to see about a 46% jump in their stock prices to reach a $1 trillion market cap. As for some of America's other tech giants, many would need to see their stock prices nearly double or triple from today's levels to reach a $1 trillion valuation. These companies include: Netflix (current valuation: $524 billion), SAP (current valuation: $358 billion), and Palantir (current valuation: $358 billion). For now, it's unlikely that any of these companies will be hitting the $1 trillion threshold in the near future, which is precisely why TSMC joining the club is such a big deal. Even as the value of many of the world's largest companies continues to surge, crossing the 12-figure mark is still a relative rarity.
