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Wealthy Indians Increase Overseas Investments

Bloomberg Markets •
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A weak rupee and limited exposure at home to some of the hottest global themes are prompting wealthy Indians to look overseas. Investors are increasingly keeping one eye on investment opportunities abroad. Asian equities are broadly higher Thursday morning, rising for a third straight session as Nvidia’s bullish sales outlook fires up AI optimism.

Salesforce CEO Marc Benioff had a message for skeptics predicting AI will lead customers to abandon the company or negotiate contract terms. His verdict on fears of a “Saa Spocalypse”? “I think it’s time to stop.