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India needs to ease land acquisition process for industries to attract investments: NITI vice-chairmanNITI Aayog's Ashok Kumar Lahiri highlighted easing land acquisition for industrial investment. He stressed the need for increased domestic ...
US stocks may have more room to rally as earnings, AI spending support marketStrong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock ...
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
Global Market: Oracle's AI spending spree pushes credit rating to brink of junk statusOracle's debt-funded AI expansion has intensified concerns over its financial health, with rating agencies warning of rising leverage as th...
AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
SK Hynix rises 5% as brokerages launch coverage with bullish ratingsSK Hynix shares jumped five percent as brokerages began coverage with positive assessments, spurred by the company's strong position within...
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
India to remain among fastest-growing steel markets in FY27: India Ratings and ResearchIndia's steel market will remain a global growth leader through fiscal year twenty twenty-seven. Strong domestic demand from infrastructure...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more workâbut not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
US trade deficit contracts in JuneThe United States trade deficit saw a decrease in June. This contraction occurred as imports dropped significantly during the month. Howeve...
Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
Titagarh Rail, RITES, other railway stocks rise up to 4%. Hereâs whyRailway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months...
India eyes Rs 45,000 crore rail push to strengthen borders with China, Pakistan, BangladeshIndia plans to invest up to Rs 45,000 crore over the next two years to upgrade railway infrastructure along its borders with China, Pakista...
Global Market: China's central bank vows timely policy adjustments, backs panda bond marketChina's central bank has pledged to adjust its monetary policy tools in a timely manner while maintaining an appropriately loose policy sta...
Career warning for Gen Z: How IT industry's AI obsession will create a purchasing power crisis, Zoho's Sridhar Vembu explainsZoho co-founder and Chief Scientist Sridhar Vembu has warned that the IT industry's growing focus on AI is reducing new hiring, as companie...
Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecastQualcomm's stock has seen a notable drop following its alert about escalating memory costs. Increased expenditures and rising prices are ex...
Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
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 ...
Cognizant forecasts weak quarterly revenue amid cautious client spendingCognizant Technology has revised its third-quarter revenue projections, now falling short of Wall Street's expectations. The cautious stanc...