Hindustan Zinc reported a 142% year-on-year rise in Q2 FY27 net profit to Rs 6,412 crore, while revenue surged 76.5% to Rs 15,093 crore. EBITDA doubled to Rs 9,285 crore, with margins expanding to 62% on higher prices and production.

Hindustan Zinc sold 16% more silver in the September quarter, which offset a 14% fall in prices and helped lift its profit to a record Rs 6,412 crore.

AI now accounts for 13.4% of revenue, the CEO said, with short-cycle AI projects reshaping both the deal mix and hiring priorities.

French assets came under pressure Monday as social unrest and rising national debt weighed on markets. The 10-year government bond yield rose 7 basis points, staying near multi-decade highs, while the CAC 40 fell nearly 1%. The OAT-Bund spread reached its highest since the early 2010s. Foreign investors now hold nearly 60% of French debt, up from about 48% in early 2022.

A weaker-than-expected earnings report triggered a selloff. The stock fell 2% intraday to Rs 983 and is down 3.4% this month.

BlackRock sees tokenized funds moving deeper into Wall Street infrastructure, with use as collateral and around the clock transfers, according to Bloomberg. The firm sees growing integration between blockchain based products and traditional market operations.

Phala Network said attackers used a dstack guestagent flaw from October 8 to 12 to read logs and environment variables from a few customer apps on Phala Cloud. One host node also let them take a gateway admin token and alter certificate settings. TEE keys, KMS keys, customer disks and host nodes were untouched. The fix landed October 15. Affected users must rotate keys and patch CVMs by November 19.

Middle East crude exports rebounded to 15.4 million barrels per day in September, near 90% of prewar levels, Kpler data shows. Asian refiners net only about $7 a barrel from a $40 gross margin as freight and insurance near $33 absorb 82% of it, versus 16% on the US Gulf Coast. Asia's October imports are seen at 23.5 million barrels per day, as Hormuz attacks lift shipping costs.

Management reported no sign of easing AI demand, with orders and margins climbing sharply.