Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single dayShares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued o...
30 Oct, 2026, 12.39 PM IST
AI could wipe out $200 billion of IT services work by 2030: BCGBCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from ...
30 Oct, 2026, 10.25 AM IST
Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 croreSagility promoter Sagility B.V. is reportedly planning a 12% stake sale worth ₹2,377 crore through a block deal. The healthcare IT services...
29 Oct, 2026, 09.26 PM IST
Google's Nvidia chip challenge boosts cloud sales, crimps cash flowThe trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of...
29 Oct, 2026, 07.07 PM IST
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
29 Oct, 2026, 05.48 PM IST
Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
28 Oct, 2026, 08.57 PM IST
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After Ind...
28 Oct, 2026, 05.34 PM IST
Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: ReportIndian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by en...
28 Oct, 2026, 11.21 AM IST
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
28 Oct, 2026, 11.06 AM IST
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
28 Oct, 2026, 10.15 AM IST
Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources sayOne of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and th...
27 Oct, 2026, 08.06 PM IST
Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
26 Oct, 2026, 02.48 PM IST
$7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...
26 Oct, 2026, 11.19 AM IST
Global asset management industry to expand through 2030, profitability remains a challenge: Morgan StanleyGlobal asset management assets reached a record $159 trillion in 2026, but Morgan Stanley expects falling management fees to constrain reve...
25 Oct, 2026, 11.39 AM IST
Anthropic IPO: What should investors consider when valuing the AI company? Aswath Damodaran explainsAnthropic is on track for an IPO expected in mid-November, reporting impressive revenues of $16.3 billion. However, the company faces a sta...
24 Oct, 2026, 10.33 AM IST
Infinx plans $300 million IPO in India, appoints three bankersInfinx Technology Solutions has appointed Kotak Mahindra Capital, Nomura and Avendus to manage its proposed $300 million IPO, targeting FY2...
23 Oct, 2026, 11.43 AM IST
Super Micro climbs after upbeat forecast shows robust AI demandSuper Micro Computer's stock has surged significantly following their announcement of impressive revenue forecasts that have surpassed anal...
21 Oct, 2026, 02.47 PM IST