Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
5 global market themes investors will track this weekGlobal markets face a pivotal week with major earnings, ECB and Asian central bank decisions, key economic data, and AI spending cues. Inve...
Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...
Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
Wall Street Week Ahead: Alphabet, Intel results in focus for AI trade as US earnings rev upCorporate earnings season is gaining momentum with key tech updates expected soon. Investors anticipate strong profit growth, which has sup...
Apple unseats Nvidia to become world's most valuable company as AI bets shiftApple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline. Th...
AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
Global Market: TSMC to invest additional $100 billion in Arizona, raises capex on booming AI demandTSMC will invest an additional one hundred billion dollars in Arizona facilities. This expansion underscores strong confidence in future ar...
'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
Oracle shares under pressure: What's driving the recent selloff?
TCS’ annualised AI revenue rises to $2.6 billion in Q1The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, whil...
AI data centre boom doubles Big Tech debt to $350 billion in five yearsMajor AI data center builders have doubled their debt in five years. This borrowing finances an unprecedented spending spree for economic t...