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AI SPENDING IMPACT
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...- Cognizant lifts annual profit forecast on strong financial services growthCognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...
- Visa to lay off 7% of staff as efficiency push deepensVisa plans to reduce its workforce by approximately seven percent. This significant job cut will primarily affect technology and product te...
- IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
- AI rejecting your job applications? Here's how to beat algo and make your resume ATS-friendly in under 15 minutesMany job applications are now filtered by AI and Applicant Tracking Systems. Understanding these systems is crucial for job seekers today. ...
- Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- SpaceX trades 20% below IPO price, $1.2 trillion in market cap erasedSpaceX shares have dropped twenty percent since their debut last month. Investors are avoiding riskier technology firms and AI ecosystem co...
- Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
- South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons whySouth Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled ...
- TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
- How AI is helping manufacturers cut downtime before it costs themArtificial intelligence is helping manufacturers predict equipment failures, improve product quality and optimise production before disrupt...
- US Stock Market: Equity funds see second week of outflows as big tech earnings, oil rally dampen sentimentU.S. equity funds saw a second week of outflows as caution ahead of big tech earnings and rising oil prices weighed on sentiment. Growth fu...
- Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
- Stocks waver on Wall Street while crude oil prices fall for the first time in a weekStocks saw a mixed close on Wall Street as oil prices declined after a week of gains. Major indexes experienced losses for the week due to ...
- US stocks today: Nasdaq lags on angst over AI spending ahead of earnings reportsU.S. markets closed mixed as the Nasdaq declined on chip stock weakness driven by concerns over heavy AI spending, while the Dow rose and t...
- Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...
- SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
- China has cracked down on AI companions. What can we learn from this?Generative AI companions offer constant availability and support for lonely individuals. However, these virtual relationships risk dependen...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
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