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AI SPENDING REDUCTIONS
Silver prices jump over 4% to reclaim $51/oz as Democrats secure US midterm victory. What’s happening?Silver prices surged over 4% to reclaim the $51/oz mark after Democrats secured a victory in the US midterm elections, weakening the dollar...04 Nov, 2026, 02.09 PM IST- Asian companies to ramp up investments in US amid supply-chain shiftsCiti expects investments by South Korean, Japanese and Taiwanese companies in the US to rise as global supply chains shift. The bank also s...03 Nov, 2026, 10.04 AM IST
- American companies brace for a pivot as US midterm elections get underwayUS midterms: Corporate America is anticipating a potential shifts in Washington's power dynamics. Analysts predict that a strong Democratic...03 Nov, 2026, 07.33 AM IST
- Big tech share buybacks plunge 83% as AI spending hits cash flowsMajor US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free ...02 Nov, 2026, 01.23 PM IST
- Nasdaq Outlook: Is the worst over for AI-fuelled tech stocks?Wall Street’s AI-led rally faced a sharp setback as the Nasdaq recorded its biggest single-day fall since June. Heavy losses in technology ...02 Nov, 2026, 01.00 PM IST
- Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...02 Nov, 2026, 07.27 AM IST
- US weekly unemployment claims hover near 57-year lowsInitial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market condition...29 Oct, 2026, 07.18 PM IST
- Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...29 Oct, 2026, 12.50 PM 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
- PayPal raises 2026 profit forecast as turnaround gains tractionPayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significan...27 Oct, 2026, 05.05 PM IST
- What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...27 Oct, 2026, 12.30 PM IST
- Global Market: China, Hong Kong stocks slip as technology shares extend lossesChina and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh...27 Oct, 2026, 11.54 AM IST
- Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...26 Oct, 2026, 01.36 PM IST
- AI efficiencies shield Q2 IT margins from transatlantic macro headwindsHCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 ...26 Oct, 2026, 06.00 AM IST
- Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investorsInfosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates....23 Oct, 2026, 05.33 PM IST
- IMF, OECD warn AI could widen rich-poor country divideRecent conversations underscore the transformative possibilities of artificial intelligence in fostering global economic growth and improvi...22 Oct, 2026, 04.19 PM IST
- IMF, OECD warn AI could widen rich-poor country divideArtificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countri...22 Oct, 2026, 04.17 PM IST
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