The bond sell-off could continue in the near term as governments face high borrowing requirements and AI companies increase their demand for debt financing.
A proposed US class action accuses McDonald's of using AI-powered pricing tools to coordinate menu prices across franchises, raising fresh antitrust concerns.
TCS expects a front-loaded quarter with strong July/August commentary, and September expected to be affected by rate hikes and Middle East weakness, particularly in manufacturing and retail, adds the brokerage.