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Markets are Making What Looks Like a Bottom, Says Fundstrat's Tom Lee Tom Lee, the co-founder of independent research firm Fundstrat, believes that the markets are making a turnaround and forming what looks like a bottom. In an interview with CNBC, Lee explained that he is seeing signs of stabilization in various market indicators, which suggests that the worst may be behind us. According to Lee, the S&P 500 has made a series of higher lows since its recent lows, indicating a potential reversal. Additionally, the VIX volatility index has fallen significantly from its highs, which could also be a sign of increased confidence among investors. Lee noted that while there are still many uncertainties in the market, including the ongoing pandemic and economic uncertainty, he believes that the trends are pointing towards a recovery. He pointed to the recent performance of certain sectors, such as technology and healthcare, which have shown resilience and continue to perform well despite overall market volatility. Despite these positive signs, Lee cautioned that the markets can still be volatile in the short term, particularly if there is any negative news or unexpected events. However, he believes that the long-term trend is pointing towards a recovery, and that investors should be cautious but not overly bearish at this point. Overall, Lee's comments suggest that while there are certainly challenges ahead, the markets may have reached a turning point and could potentially see a rebound in the coming weeks and months.#Tom_Lee #SP_500 #Fundstrat #VIX_volatility_index #technology_sector #healthcare_sector

Nitish Kumar likely Rajya Sabha pick, intense JDU activity fuels Bihar CM buzz The Bharatiya Janata Party (BJP) and the Janata Dal United (JDU) are busy preparing for the upcoming Rajya Sabha elections in 2026. The JDU is reportedly planning to field its leader Nitish Kumar as a candidate for the upper house, and intense activity has been witnessed within the party. Sources close to the development have confirmed that the JDU is working overtime to ensure Kumar's victory. Kumar, who is currently serving as the Chief Minister of Bihar, has been at the helm of the state since 2017. His relationship with Prime Minister Narendra Modi has been on and off over the years, but in recent times, they seem to have patched things up. The development comes at a time when the BJP is looking to strengthen its presence in the upper house. The JDU, which is an ally of the BJP at the Centre, has been trying to increase its strength in the Rajya Sabha. By fielding Kumar as a candidate, the party hopes to send a strong message to its opponents that it means business. The move is also seen as an attempt by the JDU to strengthen its position within the NDA (National Democratic Alliance) and ensure a bigger say in decision-making. The Rajya Sabha polls are usually fought on a quota system basis, where each state gets a certain number of seats based on its population. Bihar has 16 seats up for grabs, making it an important contest for both parties. The JDU is confident that Kumar's reputation as a clean and efficient administrator will help him win the elections. The development has sent shockwaves through the political circles in Patna, with many expecting Kumar to make a strong comeback in the Rajya Sabha polls. However, the opposition parties a...#Patna #Narendra_Modi #Rajya_Sabha #Nitish_Kumar #Bharatiya_Janata_Party #Janata_Dal_United #National_Democratic_Alliance

Iranian Warship Sinks Off Sri Lanka: Over 100 Missing, 78 Injured After Suspected Submarine Attack A devastating attack on an Iranian warship has left over 100 personnel missing and 78 others injured after the vessel sank off the coast of Sri Lanka. The incident is believed to have been carried out by a suspected submarine or a speedboat. According to eyewitnesses, the Jang Ebadal, a Kaman-class corvette, was on patrol in the Indian Ocean when it came under attack around 9:30 am local time yesterday. The ship was reportedly carrying a crew of over 400 personnel at the time of the incident. The Sri Lankan Navy and other rescue teams were quickly deployed to the scene after receiving distress calls from the Iranian warship. A massive search and rescue operation is currently underway, with several ships and aircraft involved in the efforts. Details about the attack are still scarce, but it is believed that the assailants may have used explosives or gunfire to target the warship. The Iranian authorities have not yet commented on the incident, but Sri Lankan officials have confirmed that the vessel sank around 12:30 pm local time yesterday. The Indian Navy and other regional navies have also been alerted about the situation, and a joint operation is being planned to search for survivors and investigate the attack. The incident has sent shockwaves across the region, with many questioning the motives behind the attack. Sri Lanka's Prime Minister Mahinda Rajapaksa has condemned the attack and pledged his country's support in the rescue efforts. As the search continues, authorities are racing against time to find any survivors from the ill-fated warship. The incident is a stark reminder of the risks faced by n...#Sri_Lanka #Indian_Ocean #Indian_Navy #Sri_Lankan_Navy #Iranian_Warship #Jang_Ebadal #Kaman_class_corvette #Mahinda_Rajapaksa

South Africa vs New Zealand live score, T20 World Cup 2026: SA, NZ clash for a place in final; streaming infoSouth Africa vs New Zealand Live Score: Follow live updates and highlights from the T20 World Cup 2026 semifinal between SA and NZ in Kolkata. South Africa vs New Zealand Live Score: Follow live updates and highlights from the T20 World Cup 2026 semifinal between SA and NZ in Kolkata. #World_Cup #World #Cup #South_Africa #live_score #live_updates #Follow_live #Zealand_live #infoSouth_Africa #streaming_infoSouth

Thirty-Two Injured as Submarine Attack Sinks Iranian Ship off Sri Lanka Coast A devastating submarine attack on a cargo ship off the coast of Sri Lanka has left 32 people injured, according to reports. The Iranian vessel, identified as the "Sabalan", was sailing through the Indian Ocean when it came under attack by an unidentified submarine. The incident occurred around 10:30 am local time yesterday morning, with eyewitnesses describing a loud explosion followed by chaos and panic on board the ship. The Sabalan, which was carrying a cargo of wheat from Iran to Sri Lanka, was severely damaged in the attack and began taking on water. Rescue teams were quickly dispatched to the scene, with nearby ships and naval vessels joining the effort to evacuate survivors. Thirty-two people were pulled from the wreckage, with many more still missing or presumed dead. The extent of the damage is not yet clear, but it's believed that the ship may have sunk completely. The Sri Lankan Navy has launched an investigation into the incident, with officials saying they are working closely with international partners to determine the origin and motivations behind the attack. No one has claimed responsibility for the attack so far, although speculation is rife about possible involvement by rival powers in the region. The Sabalan was a relatively small vessel, measuring around 100 meters in length, but it's unclear how many crew members were on board at the time of the attack. The incident has sent shockwaves through the global maritime community, with concerns being raised about the safety of vessels operating in the Indian Ocean. As the rescue effort continues and the investigation unfolds, questions are being asked about how...#Sri_Lanka #Indian_Ocean #Sri_Lankan_Navy #Iranian_ship_Sabalan #Submarine_attack #Cargo_ship #Wheat_cargo #Maritime_community

BJP Names 9 Rajya Sabha Candidates, Bihar Picks Trigger Buzz in NDA The Bharatiya Janata Party (BJP) on Wednesday announced its first list of nine candidates for the upcoming Rajya Sabha elections, with Bihar being the major focus area. The development has triggered buzz within the National Democratic Alliance (NDA), as it is seen as a move to strengthen the party's presence in the eastern state ahead of the Assembly polls scheduled for 2024. The list includes seven candidates from Bihar, including two women - Meena Singh and Ranjubala Rai - who are both prominent leaders from the state. The other five candidates hailing from Bihar are Rajesh Chandra, Ramapati Ram Tripathi, Raghvendra Pratap Singh, Anil Kumar Sahani, and Pritam Yashwant Yadav. The announcement is seen as a significant move by the BJP to consolidate its position in Bihar, where it has been struggling to make an impact despite being part of the ruling coalition. The party's decision to field seven candidates from the state is aimed at strengthening its grassroots presence and preparing for the 2024 Assembly polls. The NDA partners are also watching the development with keen interest, as they see it as a move by the BJP to assert its dominance in the alliance. While the other NDA constituents have been given a free hand to contest the elections, the BJP's decision to field candidates from Bihar has raised concerns about its intentions. Sources within the party said that the BJP is looking to capitalize on its growing strength in Bihar and wants to use the Rajya Sabha elections as an opportunity to expand its base. The party believe...#BJP #Bihar #RJD #NDA #Rajya_Sabha #Tejashwi_Yadav #Meena_Singh #Ranjubala_Rai #Ramapati_Ram_Tripathi #Raghvendra_Pratap_Singh #Anil_Kumar_Sahani #Pritam_Yashwant_Yadav

BJP Names Two From Eastern Assam As RS Poll Candidates The Bharatiya Janata Party (BJP) has announced the names of two candidates from eastern Assam for the upcoming Rajya Sabha election. The party has chosen Himanta Biswa Sarma, a prominent leader and former Minister of Health and Family Welfare in the State government, and Bhubaneswar Kalita, a sitting MP from Jorhat constituency. Sarma is known for his strong organisational skills and has played a key role in the BJP's expansion in Assam. He was instrumental in the party's success in the 2019 Lok Sabha polls and has been a vocal supporter of Prime Minister Narendra Modi. The party hopes that his popularity will help them secure at least one seat from the eastern region. Kalita, on the other hand, is a seasoned politician with extensive experience in grassroots politics. He was first elected to the Lok Sabha in 1999 and has since then retained his seat five times. His vast network of contacts in rural areas is expected to be an asset for the party in the upcoming polls. The announcement comes as the party gears up for the Rajya Sabha election, which is scheduled to take place on June 10. The party is keen to make a strong showing in the eastern region, where it has traditionally been weak. With Sarma and Kalita at the helm, BJP hopes to make significant gains and increase its presence in the region. The party's decision to field candidates from eastern Assam is seen as a strategic move to expand its influence in the region. The area has traditionally been a stronghold of the Congress party, but the BJP sees an opportunity to tap into the growing discontent among voters against the ruling government. The announcement has set off a buzz in political circles, with many predictin...#BJP #Congress #Assam #Narendra_Modi #Rajya_Sabha #Lok_Sabha #Himanta_Biswa_Sarma #Bhubaneswar_Kalita

Nitin Nabin Set For Rajya Sabha Entry: Math Behind 1st BJP Candidate List The Bharatiya Janata Party (BJP) has shortlisted Nitin Nabin, a close aide of Union Minister Piyush Goyal, as its first candidate for the upcoming Rajya Sabha polls. Sources within the party confirm that Nabin's name is at the top of the list, considering his impressive track record in mobilizing resources and network in Delhi. The math behind the BJP's decision to choose Nabin as its first candidate becomes clear when one looks at his background. A former member of the Delhi Pradesh Congress Committee (DPCC), Nabin joined the BJP just over a year ago and quickly became known for his organizational skills, which helped him win several key seats in the 2019 Lok Sabha elections. Nabin's induction into the Rajya Sabha will be seen as a strategic move by the party to strengthen its presence in Delhi. The city is crucial for the BJP's electoral fortunes, and with Nabin on board, the party hopes to gain an edge over its rivals, particularly the Congress. While some within the party may see Nabin's elevation as a reward for his loyalty and hard work, others believe it's a calculated move by the BJP leadership to create a fresh narrative. With Nabin set to join the Rajya Sabha, the party can claim that it has an "outsider" who is not beholden to any particular faction or region. In a statement, the BJP confirmed that Nabin was among its top candidates for the upcoming polls. However, party sources indicated that his name was at the top of the list, making him the first choice for Rajya Sabha entry. Nitin Nabin's journey from being a Congress leader to becoming a key player in the BJP is a testament to the party's ability to attract talent and adaptability. His induction into the...#Piyush_Goyal #Rajya_Sabha #Lok_Sabha #Nitin_Nabin #Bharatiya_Janata_Party_BJP #Delhi_Pradesh_Congress_Committee_DPCC

Concert 'Karen' targets Warne at Sheeran gig Shane Warne's daughter Summer was left shaken after a concert-goer, dubbed "Concert Karen," hurled abuse and insults at her during an Ed Sheeran gig in Melbourne. The 21-year-old, who is the former cricketer's youngest child with ex-wife Simone Callahan, was enjoying the show with friends when the altercation occurred. According to eyewitnesses, Concert Karen became agitated after Summer and her pals began singing along to one of Sheeran's hit songs. The rowdy fan reportedly targeted Summer, shouting vile insults and making personal attacks on the young woman. Despite security efforts to calm the situation, Concert Karen continued her tirade, causing distress for Summer and those around her. "It was like nothing I've ever seen before," said a concertgoer who witnessed the drama unfold. "This woman just lost it and started yelling at this poor girl (Summer) and her friends. It was really scary." Concert-goers were left stunned as security struggled to contain the situation, with some fans attempting to intervene on Summer's behalf. "It was like Concert Karen had a personal vendetta against Summer," said another eyewitness. "She kept shouting 'You're not a real fan' and 'You're just here for the Instagram likes.' It was ridiculous." As the commotion died down, Summer reportedly left the venue with her friends, leaving behind a trail of stunned concert-goers. The incident has sparked widespread outrage on social media, with many fans condemning Concert Karen's behavior and praising Summer's calm reaction to the ordeal. "Shane Warne's daughter is still just 21 years old and didn't deserve that kind of abuse," wrote one fan. "Concert Karen needs to take a long hard look at herself."#Shane_Warne #Summer_Warne #Simone_Callahan #Ed_Sheeran