Nvidia shares extend gains, jump 7% as blockbuster earnings revive AI trade ,Nvidia shares jumped about 7% after strong quarterly results and a bullish revenue forecast eased concerns over slowing AI spending. The ch...
Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
Industrial47 raises Rs 85 crore in first close of debut fund to back frontier-tech startupsThe fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies ac...
Bill Gates lists 3 big risks to AI shift. Is the world heading towards turbulent times?Microsoft co-founder Bill Gates has warned that the AI transition could become one of the most turbulent periods in history, with the techn...
Fifty shades of Nifty growth: ETSA jury spots next giantsThe elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jur...
Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
Starlink's satcom needs earthly fixesStarlink seeks India's approval for its advanced satellite services. The company needs landing rights and spectrum assignment for its new t...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
Infosys, HCLTech, other IT stocks gain on Nvidia’s likely price hikes. Are AI bubble worries coming true?Indian IT stocks gained on Monday as reports of Nvidia’s potential server price hikes revived concerns over rising AI infrastructure costs ...
From Australia to Europe, countries move to curb children's social media accessBelow is a summary of what countries and companies are doing to regulate access to social media amid mounting concerns over the impact of s...
Hy-Tech Engineers IPO opens today: GMP signals 47% listing premium. Should you subscribe?Hy-Tech Engineers IPO: The Rs 135.73-crore issue set to remain open until August 27. The IPO comprises a fresh issue of Rs 60 crore and an ...
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
US Stock Market: Tiger Global trims big tech bets, adds AMD and SpaceX in Q2Tiger Global reshuffled its tech portfolio in Q2, cutting stakes in Alphabet, Nvidia, Microsoft, Amazon, Meta, Broadcom and TSMC while exit...
US Stock Market: Fed uncertainty, oil prices in focus as earnings sustain market optimismInvestors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The...
Tiger Global Management cuts stakes in Big Tech, buys into SpaceXThe hedge fund cut its Alphabet holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia stake by 6.8...
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...