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AI SPENDING SURGE
India’s app economy goes spiritual: Religious and astrology apps clock nearly 30 crore downloads in nine monthsReligious, spiritual and astrology apps recorded nearly 30 crore downloads in India between January and September 2026, surpassing their co...- Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AIUS stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation...
- McKinsey flags looming AI spending surge for US agencies as subsidised deals give way to market pricingAs subsidised access to AI tools comes to a close, US government agencies may see a substantial rise in AI-related expenditures. Although t...
- South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminalsNine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including ...
- Global Market: Japan’s Nikkei falls as AI concerns, global bond market stress weighJapan’s Nikkei 225 fell 1.06% as AI-sector concerns, elevated global borrowing costs and rising oil prices weighed on investor sentiment. W...
- Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
- Billionaire Ray Dalio says we’re nearing point where AI bubble may burstSpeaking at the Forbes Global CEO Conference in Singapore on Wednesday, Dalio said that a huge amount of debt is being taken out to fund AI...
- US Market: Software stocks hit 2026 highs as AI disruption fears easeUS software stocks have reached fresh 2026 highs as stronger earnings expectations and growing adoption of AI ease fears of disruption. Str...
- US software stocks scale fresh 2026 highs as AI disruption worries fadeUS software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts i...
- US stocks: US software shares hit 2026 highs as AI disruption fears easeUS software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Sales...
- US trade deficit widens in August amid strong importsThe US trade deficit increased by 13.7% in August, reaching $105.6 billion. This rise reflects strong domestic demand and increased imports...
- Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demandAMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key supplier...
- Global Market Today: Asian stocks rise after US tech rally, oil dipsMSCI’s Asia Pacific Index edged up 0.1%. Earlier, shares climbed on Wall Street after a rally in Nvidia Corp. and Microsoft Corp. helped th...
- Global Market: Hang Seng dips as real estate, financial shares face selling pressureHong Kong stocks edged lower as selling pressure in real estate and financial shares offset gains in technology stocks. The Hang Seng Index...
- US Stock Market prediction for Monday, October 5: S&P 500, Nasdaq, Dow Jones, Russell 2000 investors eye positive trading today, top stocks to watch outUS Stock Market prediction: As the fourth quarter kicks off, the stock market is already on pace for a solid year. The benchmark S&P 500 as...
- Blockbuster Accenture show holds out hope for battered Indian ITAccenture's latest financial performance has sparked renewed optimism among investors in the Indian IT sector. The strong results hint at a...
- Wall Street Week Ahead: Spiking bond yields, midterms, earnings to test US stocks' typical fourth-quarter strengthAs the fourth quarter commences, US stocks traditionally experience a positive trajectory. Nonetheless, investors face hurdles such as clim...
- Why are world bond markets selling off again?As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, ...
- US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
- Anthropic IPO explained: $2 trillion valuation, ballooning net loss, AI risks and other details in leaked IPO papersAnthropic is preparing for a potential IPO as its revenue surges, but losses and infrastructure commitments balloon. The AI company has als...
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