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BIG TECH STOCKS
US SEC's top cop says agency is monitoring AI corporate disclosuresBig Tech stocks sold off this week as companies disclosed they are burning through cash to fuel their AI expansion at a time when interest ...- Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
- US stocks today: Nasdaq sinks 2.2% as Amazon, Intel fuel fresh fears over AI spendingWall Street experienced significant losses as the Nasdaq fell to its lowest level in nearly three months. Concerns about rising capital exp...
- Nasdaq futures sink as Amazon, Intel intensify AI spending fearsShares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
- D-St set for a cautious opening as GIFT Nifty signals muted startIn a significant trading session, benchmark indices registered solid gains, reflecting renewed market confidence following the Fed's intere...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
- AI is part of solution for climate change, COP31 pledge saysTurkey is set to introduce a pledge at the upcoming COP31 climate summit in Antalya. This pledge suggests that artificial intelligence can ...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
- Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
- D-Street braces for weak opening on negative GIFT Nifty cuesMarkets experienced volatility on the monthly expiry day, resulting in a largely unchanged ending. Analysts suggest that a decisive move ab...
- Wall Street drifts as Broadcom and other AI-related stocks help support the marketThe S&P 500 rose 0.3 per cent and pulled within 1.5 per cent of its all-time high set earlier this month. The Dow Jones Industrial Average ...
- D-St set for a negative opening as GIFT Nifty signals weak startBenchmark Nifty gained on Monday, while broader markets also rallied amid ongoing geopolitical tensions. Analysts suggest that Indian stock...
- Global Market Today: Wall Street gains lift Asian stocks as Fed decision loomsGauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...
- Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- Global Market: Japan's Nikkei falls for third straight session as chip stocks slideJapan's Nikkei share average slipped for a third straight session on Monday, primarily due to declines in chip-related stocks. The Nikkei 2...
- US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
- Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
- Hedge funds retreat from tech at fastest pace in a decade as AI trade weakensHedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt...
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