Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
31 Jul, 2026, 08.09 AM IST
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
31 Jul, 2026, 07.53 AM IST
US stocks: Microsoft adds $485 billion to investors' wealth as shares rise 15%. Check whyMicrosoft shares experienced a significant surge on Thursday. The company anticipates continued cash generation through its new fiscal year...
31 Jul, 2026, 01.41 AM IST
Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.
30 Jul, 2026, 08.37 PM IST
Meta's AI splurge lays bare its compute conundrumThe Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...
30 Jul, 2026, 08.20 PM IST
Microsoft shares surge 16% as AI cloud bet starts showing up in numbersMicrosoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption ease...
30 Jul, 2026, 07.55 PM IST
Microsoft beats Wall Street expectations with $90 billion in revenueMicrosoft reported robust quarterly earnings, exceeding analyst expectations significantly. The company's cloud computing platform, Azure, ...
30 Jul, 2026, 02.12 PM IST
Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worriesMicrosoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud ...
30 Jul, 2026, 01.54 PM IST
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
30 Jul, 2026, 12.31 AM IST
Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
29 Jul, 2026, 08.04 AM IST
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...
20 Jul, 2026, 06.09 PM IST
Y Combinator's Tom Blomfield joins Anthropic's compute teamBlomfield was at YC as a partner, mentoring founders across multiple batches after building two unicorns. He was awarded an OBE (Officer of...
13 Jul, 2026, 06.34 PM IST
Google to plant its AI flag in India: What it means for the countryIn a major shift for India's AI ecosystem, Google Cloud is bringing its latest Gemini AI models to infrastructure located within the countr...
08 Jul, 2026, 02.08 PM IST
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
06 Jul, 2026, 08.39 PM IST
Finance Minister Sitharaman embarks on 4-day official visit to France to bolster economic tiesFinance Minister Nirmala Sitharaman is on a four-day visit to France to bolster the India-France Strategic Partnership and economic ties. A...
01 Jul, 2026, 02.32 PM IST
‘Microsoft powered genocide for 994 days’: Employee quits in dramatic resignation email, sends 'unhappy email' to thousands of company's employees. Here's what he wroteA Microsoft employee in Italy has resigned, alleging the tech giant fuels Israel's military actions in Gaza. His farewell email claims Micr...
30 Jun, 2026, 04.54 PM IST
Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
29 Jun, 2026, 07.54 PM IST