India’s biggest equity fund makes contrarian bet on IT stocksIndia’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on...
23 Jun, 2026, 09.18 AM IST
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
23 Jun, 2026, 08.53 AM IST
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 26%It is probably time to up the bullish quotient. But do keep in mind the fact that the increased costs will impact WPI – which means inflati...
22 Jun, 2026, 03.33 PM IST
US Stock Market: Micron earnings to test strength of AI-fuelled Wall Street rallyThe U.S. stock market's AI-fueled rally faces a crucial test with Micron Technology's upcoming earnings report. Investors are keenly watchi...
22 Jun, 2026, 09.40 AM IST
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
20 Jun, 2026, 10.19 AM IST
IT nightmare on loop, Accenture's 20% fall highlights AI disruptionIndian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expecte...
20 Jun, 2026, 07.36 AM IST
Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 yearsInfosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture'...
19 Jun, 2026, 01.55 PM IST
Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...
19 Jun, 2026, 01.50 PM IST
Aswath Damodaran's warning on trillion-dollar fight over SpaceX and OpenAI in world's most powerful stock indexNYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 5...
19 Jun, 2026, 01.12 PM IST
Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
19 Jun, 2026, 12.27 PM IST
Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip AgarwalAccenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT se...
19 Jun, 2026, 11.49 AM IST
ETMarkets Smart Talk | AI is real, but AI valuations are not; we are in the FOMO stage of the bubble: Carnelian’s Manoj BahetyAI technology is real but its current valuations are inflated, resembling past market bubbles. Investors are urged to avoid the fear of mis...
19 Jun, 2026, 09.00 AM IST
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
18 Jun, 2026, 07.49 PM IST
Avoid IT, focus on growth: Samir Arora's playbook for next 12 monthsInvestor optimism is rising on hopes of a US-Iran agreement, potentially easing energy market concerns and geopolitical uncertainty. Helios...
17 Jun, 2026, 12.23 PM IST
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
16 Jun, 2026, 09.19 AM IST
CEA Anantha Nageswaran says AI stock valuations definitely in a bubbleIndia's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narra...
14 Jun, 2026, 05.34 PM IST
AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
14 Jun, 2026, 12.29 PM IST