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US stocks retreated on Tuesday as rising oil prices and sticky inflation cooled Wall Street's rally. Technology shares, particularly AI-linked companies, led the decline. Concerns over the Iran conflict and its impact on crude supplies fueled inflation worries, strengthening expectations of prolonged elevated interest rates.

Michael Burry, famed for predicting the 2008 crash, warns the stock market's AI obsession mirrors the dot-com bubble. He believes markets are ignoring economic data, driven solely by momentum. Burry cautions that massive AI investments by tech giants may yield no lasting returns, potentially leading to significant market corrections and tech job stagnation.

Asian equities traded mixed as the AI and tech rally cooled, with Hong Kong's Hang Seng inching up while Shenzhen and Shanghai fell. Wall Street also saw a softer mood, with the S&P 500 retreating from a record high and chipmakers leading declines. Oil prices remained elevated due to ongoing disruptions in the Strait of Hormuz.

Amid escalating crime rates in Palamu, six suspects have been placed under judicial custody. Among them is Saif Khaleefa, arrested for opening fire at a shopkeeper over a petty financial issue, while Rishabh Singh is charged with shooting a police constable.

Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.

Reliance Digital's 'Digital Saving Days' sale, running from May 9 to May 17, offers significant discounts on smartphones, premium TVs, and home appliances. Shoppers can find deals on iPhones and Samsung Galaxy models, with tiered discounts on small appliances. Additional savings are available for HDFC Bank cardholders on select purchases.

Palamu has witnessed a surge in criminal activity, leading to the judicial remand of six individuals connected to various offenses. These range from a shooting ignited by a petty argument and an assault on a police officer to a land dispute that ended in murder and a brazen theft.

Asian markets saw a downturn Friday, with investor enthusiasm for AI stocks waning due to inflation worries, high oil prices, and Middle East tensions. Despite this, Wall Street reached new peaks overnight, buoyed by tech gains and strong corporate earnings. Investors are closely watching US-China trade talks for any significant breakthroughs.

Accused Aamir, with a history of murder and sexual assault, displayed a psychopathic mindset. His criminal activities escalated after a previous conviction for murder, leading to further charges including rape and an armed confrontation with police, highlighting a dangerous and unstable personality.

Asian markets showed mixed trading as AI stock momentum waned, oil prices stayed high, and inflation worries persisted. Japan's Nikkei saw a slight gain, while South Korea's Kospi recovered some losses. Concerns over stalled US-Iran talks and hotter US inflation data contributed to investor caution across the region.

The proposed Middle East-India Deep-water Pipeline (MEIDP) is planned as a 2,000-kilometre underwater network running beneath the Arabian Sea and connecting Oman directly with the Gujarat coastline.

Patna's district administration has resumed its anti-encroachment drive across key municipal zones, clearing temporary structures and seizing equipment. Fines totaling Rs30,500 were collected, with authorities emphasizing follow-up actions and FIRs against repeat offenders to maintain clear roads. A dedicated monitoring cell has been established to ensure sustained compliance.