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West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.- India's long-term story intact despite short-term headwinds: Citi CEO Jane FraserCiti CEO Jane Fraser sees India's long-term growth story remaining strong. She highlighted India's reform momentum and digital transformati...
- Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
- Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption growsSnowflake has boosted its annual product revenue forecast. This rise is driven by increased enterprise spending on AI applications. Compani...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- Inside Big Tech’s March quarter earnings: Here’s all you need to knowBig Tech giants Alphabet, Microsoft, and Amazon reported strong earnings, driven by significant growth in cloud and AI services. While Meta...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- How university-edtech collaborations are contributing to building India’s AI-ready workforceIndian universities are evolving higher education through collaboration with edtech platforms to address the employability gap among STEM g...
- US stock market futures today: Why are Dow Jones and S&P 500 in red while Nasdaq turns green today? Dow drops 280 points as oil tops $120— can AI spending offset rising inflation fears and Fed uncertainty?Why are Dow Jones and S&P 500 in red while Nasdaq turns green today? The US stock market futures today are sending a sharp, layered signal....
- Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
- The $10,000 secret: Dad’s Amazon side hustle while kids nap sparks massive interestMichael Strahl, a father of two and Amazon employee, is earning $10,000 monthly through the Amazon Influencer Program. He reviews products ...
- Big tech’s $16 trillion earnings week begins: Alphabet, Amazon, Meta, Microsoft report today and Apple tomorrow – here's what investors are watchingAlphabet, Amazon, Meta, Microsoft earnings today: Wall Street watches big tech earnings this week. Investors seek clues on AI spending and ...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- Before Mythos goes public, Indian IT also wants accessAI firm Anthropic is in talks with governments worldwide, including India, about safeguarding critical infrastructure. This is ahead of the...
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Amazon CEO reveals AI revenue, dismisses spending doubts in annual letterAmazon's cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressiv...
- Amazon cloud unit's AI revenue run rate exceeds $15 billion in first quarter, CEO saysThe numbers are also "ascending rapidly", Amazon CEO Andy Jassy said in a letter to shareholders, adding that its cloud business as a whol...
- Amazon earnings: Amazon stock slides after earnings despite strong AWS results and AI momentumAmazon's stock experienced a significant drop in after-hours trading, despite its cloud unit, AWS, exceeding revenue and profit expectation...
- Warren Buffet, known for not traditionally investing in tech, now has major investments in AI; he's betting billions on this specific AI stock, should other investors Buy?Warren Buffett has shifted his investment strategy towards technology companies. He has invested billions of dollars in Amazon, which is be...
- Amazon triples quarterly profit as cloud surgesEcommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. "...
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