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AI SPENDING PRESSURE
US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanD...23 Jun, 2026, 08.29 PM IST- Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...23 Jun, 2026, 04.30 PM IST
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slidesTechnology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market val...23 Jun, 2026, 04.08 PM IST
- As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...23 Jun, 2026, 01.53 PM IST
- Global Market | European shares slip on Fed hike bets, tech dragEuropean markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI inve...23 Jun, 2026, 01.35 PM IST
- US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...23 Jun, 2026, 09.46 AM IST
- Software-hardware loop fuelling all new AI super cycleWhile energy and cooling challenges persist, a lot more hardware requirements are expected to emerge, Synopsys CIO Sriram Sitaraman told ET...23 Jun, 2026, 06.00 AM IST
- TCS to kickstart Q1 earnings on July 9, sets record date for potential dividendTCS will kick off the Q1FY27 earnings season on July 9, with its board set to consider an interim dividend alongside quarterly results. Inv...22 Jun, 2026, 07.38 PM 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
- US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...19 Jun, 2026, 04.08 PM 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
- 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
- TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...19 Jun, 2026, 11.59 AM 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
- AI Euphoria, Fed Signals and Oil Politics: David Roche warns markets may be ignoring bigger risksGlobal markets are optimistic about AI and easing inflation, but David Roche warns of deeper structural risks. He believes the AI investmen...19 Jun, 2026, 11.34 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
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